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The case for ERP Solutions for Small & Medium businesses

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To enable you to be at the forefront of business process automation, an ERP can eliminate manual business processes, control and connect different business systems in an enterprise by providing better monitoring & reporting for improved business performance and faster & more effective decisions.

Traditionally ERP systems were sold as an on-premise model, usually installed and run on the client’s IT equipment and supported by client servers for storage. Though it was found to be highly effective, the cost burden associated with it in terms of time, resources and money was too prohibitive for a small and medium sized business (SMB) to consider it. Also with the rapid changes in business environment that could not be forecast accurately, changeover costs were high and did not suit the budget of the smaller players. However, this has changed with the advent of the Cloud ERP. A cloud ERP is a SaaS (Software-as-a-Service) solution that offers an ERP level functionality with anywhere, anytime access with a flexible subscription model for the user and is hosted on servers provided by the vendor and access to it is via the cloud. The cloud environment could be a private, public or a hybrid cloud model.

A cloud ERP is the right choice for small and medium enterprises (SMEs) and there are a number of facts supporting that argument.

A cloud ERP offers the same benefit as an on premise ERP with upfront fees with no hidden costs, remote anytime and anywhere access with much lesser IT and hardware related costs. This anytime and anywhere access is important for SMEs as employee mobility is strongly linked to productivity in their case. No dedicated IT department is required to maintain infrastructure and run the ERP solution as operability and maintenance is the responsibility of the solution vendor.

The upgrade burden of the software is much lighter with no manual infrastructure & ERP software upgrade requirements as this is performed automatically via the cloud after your consent reducing a major cost and maintenance hassle that plagued on-premise ERPs. The upgrade cost is generally bundled with the software cost in a cloud solution and is much lower than that of an on-premise ERP.  Infrastructure creation and maintenance are the responsibility of the vendor and you are freed of the investment burden of buying and maintaining new IT assets.

With an on premise ERP, you pay a large fee for the license and for the implementation that takes a substantial amount time with changeover costs. In a cloud ERP, the license fees is paid on a flexible pay-as-you-use manner on a lease based model and you do not need to pay heavily to acquire the license exclusively.  This significantly reduces the financial burden for SMEs and can be provided for in the budget without impacting profits in a big way.

Scaling up the number of individual users is easier in most cloud ERP solutions with affordable up scaling payment models for SMEs and more flexibility for change. On premise systems take a substantial time to be up and running while a cloud ERP can be up and running in a few hours time. Cloud ERPs also have a more robust and easier to use back up and disaster recovery solution or as an add-on feature with some even having an automatic back up feature.

Cloud ERP systems can create a unified and flexible business data reporting access framework for all areas of your business: customer relationship management, sales, accounting, procurement, distribution, and human resources, inventory management etc.

The Versa Cloud ERP solution is tailored for migration from legacy& main frame, mid tier level ERPs and even entry level accounting ERPs.  It has been built with a focus to be capable, affordable and easy to use and is targeted towards growing SMEs/small businesses. It is comprehensive one stop shop ERP solution that has proven its worth over a number of business verticals.

Please visit www.versaclouderp.com for more.

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