5 Reasons Your Business Needs a Cloud-Based ERP System
Posted on: August 24, 2016 | By: Craig Thompson | Acumatica, Microsoft Dynamics GP
Making the decision to move your ERP system to the cloud is a tough call to make, however once the implementation project is complete your ERP Partner will be able to help you reap incredible amounts of benefits. Cloud based ERP is becoming the norm in the world of wholesale distribution and while on premise business solutions are beneficial for getting your business started, they can become quickly dated as your business expands. So the big question at hand is why does your organization need a cloud based ERP system and how can cloud based ERP like Microsoft Dynamics GP and Acumatica benefit your wholesale distribution organization? Read on to find out our top 5 reasons why your business needs to make the switch.
Mobility
One of the more clear cut reasons why your business needs a cloud based ERP system like Acumatica or Dynamics GP, is the increased mobility that you will receive by upgrading. We live in a world where working on the go is almost more common than working in a completely stationary office and as a result, businesses need to find a way to keep up in this fast paced work environment. Cloud based ERP software allows your employees to securely access data and documents all at the touch of a button. Employees can be in the office the second they turn on their mobile devices. Hello productivity!
Complexity of compliance
Keeping up with industry standards and regulations takes a very specific type of organization, especially when these standards are constantly changing at different rates. Luckily, Cloud based ERP systems like Acumatica or Dynamics GP can help take some of the weight off of your shoulders and quickly adjust to new industry or corporate requirements. Significantly decrease the costs of adjusting as well as any risk you may face for not adjusting quickly enough through the use of Cloud based ERP.
The “IoT”
If you have yet to tap into the powerful capabilities that the Internet of Things (IoT) has to offer than today is your day. The IoT gives businesses real time visibility within your chain of production and can even help predict future sales trends, inventory requirements, potential future errors, and so much more. Consider the IoT your friend that's always got your back, just another reason why your business needs a cloud based erp system like Dynamics GP or Acumatica. Let ERP and the IoT lower production method costs, improve quality and increase safety within your organization. Connecting online data resources to your industry has never been more appealing
Improved Data Analysis
The best part about running a cloud based ERP system? Predictive analytics and real time data analysis. Cloud based ERP systems tear down the barriers that connect information to help build insight and fuel growth. Rather than keeping all of your data stored on different spreadsheets, using an ERP system can keep everything unified and in order all within your easy to access ERP system. Cloud Based ERP solutions give users customized views for a variety of reports and can automate functions needed to create compliance reports. Get the results you need from income and expense statements to customized reports based on metrics and sales trends. Decrease your decision making process significantly by having all the data you need in real time right at the touch of a button.
Security
To those of us still new to the world of cloud based business solutions, we know that your biggest concern is security. Everyone is a little uncertain about putting all of their documents and data up in the “cloud” however with cloud based ERP systems like GP or Acumatica, you can be sure that your data is safe and secure. Both providers offer secure options to protect your data in a mobile world. Users can monitor data in the cloud closely without any ambiguous downloads or risk of theft.
Think a cloud-based ERP system like Microsoft Dynamics GP or Acumatica Cloud ERP may be the next best step for your business? Contact Logan Consulting your Chicago based Microsoft and Acumatica partners to schedule a consultation and find your best ERP solution.
