Digital Native Millennials may prefer a Cloud ERP
The most sought after skill and competence is digital competence and literacy amongst millennials in the years to come.
A huge amount of relevant data is being generated daily in business. Those businesses will have an edge that can power decision making by managing this data with insights.
The millennial generations of leaders are more comfortable with digital technology and expect to derive powerful business leverage from it.
Why they need a Cloud ERP solution
The new breed of business leaders may prefer the cloud ERP. This is because it can analyze and manage data while staying connected in real time.
Through a cloud-based ERP, your business can have the systems in place to support the next generation.
With the right cloud ERP you can create an option to give a worker access to work from home or on the go with security. You can also enable collaboration with stakeholders to build better collaboration.
For SMB’s, cloud ERP systems can allow them to use the same functionality and tools that only the bigger players could afford with a minimally staffed IT/controls department.
Is a cloud ERP future ready?
The cloud takes ERP to a whole new level with the ability to do business anytime, anywhere, and from any device with internet access.
With a cloud ERP you can capitalize on the strengths and aspirations of digitally literate stakeholders to drive business performance. The decision making with the help of real time and accurate data of a cloud ERP can be better with just a few clicks.
Product lifecycles of ERP’s are getting shorter. The cloud ERP is better positioned to thrive with automated updates and with you always using the latest version.
Reference:
http://erpsoftwareblog.com/cloud/2016/10/time-ripe-move-cloud-erp-7-trends/