Benefits of Cloud-Based ERP System

Cloud-based computing (also called Software as a Service, or SaaS) allows users access to software applications that run on shared computing resources (for example, processing power, memory, and disk storage) via the Internet. These computing resources are maintained in remote data centers dedicated to hosting various applications on multiple platforms.

Cloud ERP is Software as a Service that allows users to access Enterprise Resource Planning (ERP) software over the Internet. Cloud ERP generally has much lower upfront costs because computing resources are leased by the month rather than purchased outright and maintained on-premises. Cloud ERP also gives companies access to their business-critical applications at any time from any location.

The Cloud is particularly valuable to small and medium-sized businesses (SMB’s) because it provides access to full-function applications at a reasonable price without a substantial upfront expenditure for hardware and software. Using the right cloud provider, a company can rapidly scale its business productivity software as their business grows or a new company is added.

The Benefits of Cloud Computing

Cloud ERP has been proven to reduce costs in many ways because it:

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