If you're like most business owners today, you're actively looking for ways to improve your employees' engagement and increase their productivity. Cloud ERP offers the most effective and far-reaching benefits to your enterprise on the macro- and microcosmic levels. In Part 3, we discussed how cloud-based ERP software helps you improve your employee engagement and decrease your costs through automated payroll processing. Cloud HR solutions should help you streamline your processes and maximize your productivity.
In order to be successful, your business and employees must be able to deliver large quantities of high-quality work. But if your varied business applications don't gracefully coexist, your employees are forced to spend exorbitant amounts of time using tedious processes in an attempt to crudely fit mismatched puzzle pieces together. The challenge has been a thorn in the sides of many business owners and IT specialists throughout the decades … until now.
ERP is a viable solution to the disharmony, because it centralizes your data and streamlines your workflow. But ERP is still handcuffed in its on-premise form: It requires expensive equipment, complex hardware and a full IT staff to manage the system properly, so the thorn remains in the side of your IT department.
Cloud migration frees your ERP software (and your IT experts) from the shackles imposed upon it by on-premise delivery, so it's no surprise that the cloud has become the predominant platform for small business ERP and HR solutions. With the cloud model, the burden of system management has been lifted from IT employees and placed on the shoulders of ERP vendors. This has a major impact on:
Cloud ERP vendors have built highly configurable solutions to suit the needs of a wide range of industries and businesses. Keep in mind that this enhanced configurability is only valuable if you use it. When you're shopping for cloud ERP or HR solutions, conduct research and investigate integration scenarios in detail to judge whether a potential solution is actually best for your unique business.
Unlike on-premise solutions, cloud ERP is fully integrative: You never need to worry about losing efficiency due to unaligned tools. As your business needs change, you may find yourself requiring more functionality from your software. Cloud ERP makes it easy to increase or decrease functionality as you need it, because the various applications (HR solutions, accounting tools, invoicing software) are formatted as ERP modules, which fit seamlessly into the business management system structure.
Implementation of on-premise small business software is notoriously destructive to productivity. The time from equipment purchase to actual software usage often ranges from months to years, and you suffer frustrating downtime throughout the process.
Cloud ERP implementation, on the other hand, is easy and fast. The system is set up and configured to your specifications “behind the scenes” while your business operates as usual. Your employees remain productive, and are able to use the software (and reap its benefits) in a short time.
Cloud ERP is easy to tweak and provides a powerful framework for all of your business applications. As your enterprise grows, cloud-based ERP software grows along with it – you have the autonomy to add services and expand system functionality to encourage and facilitate continued growth.
On-premise small business software is expensive – the cost of equipment, software licenses, system maintenance and upgrades quickly becomes too high to bear. You're also boxed into usage limits that are either too high (and therefore too expensive) or too low (and therefore inadequate) for your needs. If you go over your limit, you're charged a sizable fee.
With cloud ERP, you don't need to pay for equipment, hardware, licenses or upgrades. You're only paying for access to the software. Subscription plans are the most common method of payment, which transforms your small business software from a crippling capital expense to a predictable operational expense. Cloud ERP also allows you to tailor your usage limits as needed, so you only ever pay for what you're actually using.
The cloud delivery method enables you to access the full potential of your business. Whether your current HR software just needs a little enhancement or you need to start from scratch with a full-fledged integrative ERP system, the benefits of cloud migration are too prolific to ignore. ERP software touches every aspect of your enterprise, so it's important that you take the time to choose the right system, delivery method and platform.
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