ERP system on cloud or On-Premise ERP system

There is a lot of debate about the relative benefits between ERP systems on the cloud and legacy on-premise ERP systems. It is time to evaluate them objectively- we try to do that. Here are some of the key differentiating factors between ERP systems on the cloud and a legacy-based on-premise solution.

Selection criteria

• Setup costs
  Cloud ERP-Nil for those with basic IT infrastructure and internet connectivity
  On-premise ERP- About $ 15000 and beyond
• Cost per user
  Cloud ERP-Maximum cost below $400
  On-premise ERP-Maximum costs higher than $400
• Monthly subscription option
  Cloud ERP- Yes
  On-premise ERP- No
• Web access option
  Cloud ERP- Yes
  On-premise- ERP No
• Backup/recovery
  Cloud ERP- Yes, part of the solution
  On-premise ERP- Client responsibility
• Flexibility and scalability options
  Cloud ERP- Yes
  On-premise ERP- No, difficult to do so
• Annual Maintenance fees
  Cloud ERP- Part of subscription fees
  On-premise ERP- Up to 20% of acquisition cost every year
• On-premise infrastructure and hardware required
  Cloud ERP- Basic
  On-premise ERP- Extensive requirements
• On-premise Operating System and database
  Cloud ERP- Not required
  On-premise ERP- Yes. Required and with additional costs
• Virus and Trojan protection
  Cloud ERP- Included
  On-premise ERP – Required as an additional cost
• Subscription period
  Cloud ERP- 1 to 3 years and easier to migrate to it and from it too
  On-premise ERP- Would be difficult to changeover/migrate to another one and also has long setup times and high obsolescence costs
• License management fees
  Cloud ERP- Part of fees
  On-premise ERP- Not included
• Automated updates and upgrades
  Cloud ERP- Yes
  On-premise ERP- No
• E-commerce integration
  Cloud ERP- Good
  On-premise ERP- Not good
• Implementation time
  Cloud ERP- Takes one-fourth of the time that an on-premise ERP
  On-premise ERP- Takes far more time to implement
• Mobility integration
  Cloud ERP- Good
  On-premise ERP- No
• Comprehensive solutions
  Cloud ERP- Yes and covering all aspects
  On-premise ERP – Partial and focused generally on business functions
• Cost savings over 3 years
  ERP system on Cloud- Has a cost burden that is less than half that of an on-premise solution
  On-premise ERP- Two times more expensive

Versa Cloud ERP’s Value Proposition 

We at Versa Cloud ERP have created a multi-award-winning, secure, comprehensive Cloud ERP solution that is e-commerce and mobility ready. The Versa Small Business Cloud ERP dba Versa system is accessible anytime and on any smart mobile device. It provides support for e-Commerce and Multi-Channel Retail including integration with 3rd party e-commerce platforms and POS systems.

In addition, the Versa Small Business Cloud ERP system includes the ability to remotely manage Master Data on multiple e-commerce and POS systems including product description, pricing, images, etc.

It is affordable and targeted toward SMBs and is backed by a promise of dedicated support. It is being used by clients in diverse verticals. Versa could help you redefine the way you operate and grow your business.

Our solution is designed for fast-growing businesses. With annual revenue between $1-$50 M, looking to upgrade to business management solutions like entry-level accounting products or mid-tier legacy on-premise ERP systems. And even those looking at comprehensive and affordable ERP solutions.

Versa Cloud ERP is built from the ground up on the latest cloud and mobile technology. The system allows businesses to automate and optimize their operations across multiple companies, countries, and currencies with one integrated ERP system.

We will help you in a structured manner. Versa will enable a business to migrate the data seamlessly from various applications. These applications include Epicor, Infor, QuickBooks, Microsoft Dynamics, MYOB, Sage, SAP Business One, etc.

To know more, please visit www.versaclouderp.com or contact us directly.

We’d love to hear from you.

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