Top Reasons Why Cloud ERP Is Ideal for Growing Businesses Share: Softuvo Solutions Date Published 29 December 2022 Categories Blog Reading Time 2-Minute Read Cloud ERP harbors numerous benefits that make it a perfect choice for companies that aim to achieve maximum growth and productivity. Cloud ERP has emerged as an ideal innovative solution to manage and automate end-to-end business processes across organizations such as sales, manufacturing, financials, etc. on a single platform. Apart from offering operational efficiency, and minimized expenses, this software system harbors numerous benefits that make it a perfect choice for companies which aim to achieve maximum growth and productivity. As per Gartner, by 2025, 51% of IT spending on software applications will have shifted from traditional solutions to cloud technologies. To know how investing in a cloud-based ERP can accelerate your business growth, keep reading further! What Is Cloud ERP? Cloud ERP is an enterprise resource planning (ERP) system that operates on a vendor’s cloud platform, saving up your firm’s time, money, and space. It is quite similar to an on-premises ERP wherein it connects multiple departments and business functions on a single platform to streamline processes. The only advantage is that you can access the software over the internet. So all that you require is a connection and a browser. It eliminates all manual touchpoints, synchronizes data across all business lines, and automates the information flow across the organization. Top Reasons How Cloud ERP Can Spurt Business Growth Low Capital Investment Cloud-based ERP solutions are typically purchased on subscription modules, with access requiring an internet connection only. The vendor handles all other resources required to host the system, which relieves financial strain, thereby increasing ROI. Advanced Analytics It is crucial to look into the market and organizational insights as well as competitive metrics to push the resources in the right direction. Migrating into cloud-based ERP can help you examine the analytics better and foster growth. Enhanced Data Security Gone are the days of data breaches. The present-day cloud technology offers cutting-edge encryption, multi-factor authentication, backups, and other security measures minimizing the risk of data theft. Begin Now With Cloud ERP Migration The ease of use, advanced analytics, and security, a cloud-based ERP offers can help you innovate, optimize, and progress your business efficiently. It helps organizations streamline their performances across key areas of operations such as sales, manufacturing, financials, resource planning, etc. Get started by migrating to cloud solutions by the top DevOps Services and Solutions provider in the industry and see your business blooming!