In my previous article, I discussed the risks and rewards of various cloud models. For those of you who are just beginning your exploration into cloud, this article will help explain some of the tangible ROI benefits.

The adoption of cloud-based software is growing in all industries, and the benefits are clear—cost savings and improved infrastructure management. More and more organizations today are shifting their core ERP systems to the cloud. This increased adoption clearly indicates that the cloud has moved into the mainstream.

With today’s increased technology integrations, and an upsurge in mobile, analytics, big data, and social collaboration, it makes sense that companies are looking to further strengthen their ERP investments by migrating to the cloud.

Here’s why.

  • Cost and Convenience :One of the main benefits of the cloud is its simple setup and lower costs for infrastructure and maintenance. Cloud solutions can remove the need for hardware and servers, cutting down on expenses related to software updates, data storage, and management. Nowadays, workers are more remote than ever, whether they are in the office, at home, or traveling. They need access to information anytime and from anywhere. Cloud ERP allows users to get the data they need when they need it, boosting employee productivity and enhancing customer service. Think about how much better you can serve your customers when your sales reps in the field have access to the same secure data as they would in the office.
  • Manageability: Clouds inherently have built-in manageability capabilities already available, thereby reducing the traditional computing management workload. This enables companies to instead focus on managing their applications and processes.
  • Security: Cloud-based systems are built from the start with security at its foundation. You gain the benefit of the many security experts that helped build the cloud as opposed to having to be the security expert managing your on-premise systems.
  • Service Structure: The technology world is changing fast, and it can be tough for businesses to keep up. Many companies are already enjoying the advantages of cloud-based tools like email, video calls, and telecommunications, so moving to ERP cloud solutions should be a worthwhile and helpful step. The cloud service takes care of daily operations and ensures the technology is always up to date, instead of putting that burden on the end-user.

ERP software is the foundation on which organizational business processes run. It enables companies to be more efficient and profitable, and encompasses myriad important business functions—financials, supply chain, sales processes, customer service, inventory, distribution, and more—so it’s no wonder companies of all types are realizing why moving the enterprise to the cloud can help better manage these facets.