To meet all the businesses challenges in today’s competitive era, implementing a cloud-based ERP is very important. SMEs have also started adopting this technical advancement to stay in the long run. Want to know how then check this out-
2. An Overview
• Cloud ERP system
• Why Cloud?
• Pitfalls of on-premise systems
• Cloud ERP system for SMEs
• How can Cloud ERP grow businesses faster?
• Conclusion
3. Cloud ERP System 1
• An Enterprise Resource Planning (ERP) system hosted on Cloud within an enterprise’s own data centre is Cloud ERP
• Cloud ERP as SaaS – accessible via internet, enables data sharing across departments, provides real time visibility
• Enterprises pay for used resources on a monthly basis, rather than a fixed price upfront
• It eliminates the need for additional hardware and maintenance on site, which decreases operating costs
• As business grows, enterprises can alter how much they use Cloud services and scale resources too
4. 2Why Cloud?
• For anywhere, anytime accessibility of data
• For latest technical upgrades and enhancements
• For less IT operating costs such as hardware, installation, etc.
• For cost-effective solution and improved ROI
• For regular data backup and disaster recovery
• For single point of communication within departments
• For strict security standards for data
• For supporting software customizations to fulfill business needs
• For more storage capabilities
5. Pitfalls of On-premise ERP Systems 3
On-premise ERP systems are operated from a customer’s in-house server and computing infrastructure.
The five major pitfalls they face are:
I. Capital expenditure:
- Initial purchasing cost is always higher as it involves license, setup and installation costs too
II. Ongoing expenditure:
- Needs regular maintenance and frequent upgrades at the client’s machine
- Increases costs for updating hardware, server set-up costs and software licensing costs
6. III. IT expenses:
- IT support staff is needed to maintain the server, security, application, storage and networking
IV. Vendor lock-In:
- Customer is bound to use the software because of heavy investments in purchasing products and licenses
V. Software customizations and updates:
- Customizations are expensive
- Typically slower cycle to release updates
- Require heavy IT involvement
Pitfalls of On-premise ERP Systems 4
7. 5Cloud ERP System for SMEs
• For mid or small-sized companies, choosing a Cloud-based ERP system could be a complex decision, but a
great idea overall
• Here are the reasons why Cloud ERP is driving quality-centric businesses in every sector with minimum
costs and resources:
- Lower upfront costs
- Lower operating costs
- Rapid implementation
- Higher scalability
- Focus on core business competencies
- Advanced technical capabilities
- Faster & convenient installation
- Affordable monthly subscriptions
- Easy upgrades and advancements
- Improved accessibility, data mobility and usability
- Easy integrations with third-party software
- Periodic backups
- Disaster recovery management
- High data security
- Enhanced decision making
- Scalable to your business needs
8. 6Why Cloud ERP is advisable for SMEs -
I. Cost:
• Priced on a monthly/annual subscription
• Supports free and automatic updates
• No upfront investment costs required
• No hardware and infrastructure costs
• Eliminates backup complexities
• Hassle-free disaster management and data recovery
II. Deployment:
• Installed on vendor’s server and accessed via web browser
• Avoids complex installation on machines
9. 7Why Cloud ERP is advisable for SMEs -
III. Implementation:
• Implementation time is practically nil; the user can realize faster ROI
• Vendor ensures regular backups and information security
IV. Maintenance:
• With automatic and free updates from vendors, businesses achieve greater scalability
• Vendor can increase/decrease user licenses as per the requirement
10. How can Cloud ERP grow businesses faster?
“Cloud ERP takes your business to the next level of growth”
• The information stored becomes one version of truth
• Binds all the businesses together
• Focuses on business development, growth and innovation
• Business processes turn consistent and repetitive
• Fosters an agile workforce
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11. How can Cloud ERP grow businesses faster?
• Reduces business risks; provides greater visibility and value
• Reduces the overhead costs
• Business automation brings agility
• Makes applications portable and mobile
• Focuses on core competencies
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12. Conclusion
• SMEs must implement a Cloud-based ERP system to improve their business workflow and overall business
performance
• Putting huge amount of money, resources and time towards an on-premise ERP is certainly not a wise decision
• Cloud ERP,
- Fulfills all business needs without seeking too much of cost and resource interference
- Specially designed to target every key issue and streamline all business operations
- Being working on a SaaS model, it cuts the long incurred costs of setups, implementations and
maintenance
- Focuses on innovation and growth rather than manual processes and decentralized data locations
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13. 30+ years of experience
ERP solutions for small to mid-sized industries
SAP B1 and Microsoft-certified solution
Over 40,000 users worldwide
Headquartered in California, with footprints across
the world
Global presence with offices in 3 continents- North
America, Australia, and Asia
7 offices round the globe
Available in 3 languages- English, Chinese, and Spanish
Original developer of formulation system in ERP
Consistent record of never exceeding implementation
time of 350 to 500 hours
About BatchMaster
14. Resources
• To know more on why Cloud ERP is advisable for small businesses, read the blog-
https://www.batchmaster.co.in/blog/cloud-erp-for-small-businesses/
• To get an insight of our cloud software and services, go through – BatchMaster ERP on Cloud
• For more queries, Email us at: sales@batchmaster.com or visit us at: www.batchmaster.co.in
“Increase your workforce productivity with Cloud ERP ”