Businesses using on-premises solutions are stuck battling yesterday’s problems. But when you upgrade your company’s ERP to the cloud, you’re setting up your business for future success. Take a look at these top seven big benefits of moving to the cloud.
1. Lower Setup and Implementation Costs
On-premises deployment usually requires significant hardware and personnel investment. With cloud-based software, off-site hosting and provider expertise eliminate the need for additional hardware or personnel. A reduced total cost of ownership is the #1 reason why companies switch to cloud-based ERP.
2. Flexible Data Storage
Additional hardware needs to be purchased when on-site servers are at capacity. With cloud-based ERP, companies can quickly scale storage up or down as needed.
3. Streamlined Updates and Innovation
On-site updates are a time-consuming process requiring skilled personnel. Cloud-based upgrades are pushed out from the provider and approved on-site to protect customizations. Companies running an up-to-date ERP system are 50% more likely to have business analytics and intelligence.
4. Simpler Data Backup and Restoration
On-premises ERP's complex data backup process usually requires a maintenance plan in SQL server, plus other products/services. With cloud-based ERP, a regular system backup is taken daily and is available to users, with a provision to create user backups.
5. Increased Security and Scalability
On-premises environments are usually less secure, requiring costly additional monitoring and a dedicated IT admin. Microsoft-owned and managed data centers are secure, certified, and compliant with international standards.
6. Broader Accessibility
Accessing an on-premises deployment remotely is complicated by the Active Directory authentication process. With cloud-based ERP, separate authentication means your software can be accessed remotely and across device types.
7. Common Data Platform
On-premises solutions are typically more difficult to integrate with other applications. But with Microsoft's cloud-based solutions, Common Data Service helps to create both new data models and apps with connected data.
ERPs have fundamentally changed, and we're here to help you change with them.
by TrinSoft, LLC a Microsoft Dynamics 365 Business Central Partner in Kentucky