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3 Reasons Why Companies Migrate To Cloud ERP

Technology is actually changing the way we do business. With so many ERP applications available in the cloud, one cannot ignore the benefits it offers. Cloud ERP is a solution that hosts popular accounting software on the cloud, maintains all its features, and adds more. With cloud hosting, you get more than just software.

Here are some of the major reasons why companies are moving their ERP to the cloud:

1. Lower cost

Since cloud solutions are on the software-as-a-service (SaaS) model, you only have to pay for the use of the software. You do not need to finance a purchase that requires a large amount of investment. In addition, cloud-hosted software runs on the provider's infrastructure. Thus, there is no need to purchase expensive servers for an in-house setup.

Image source: Google

2. Less IT resources

Cloud solutions are appealing, especially to small businesses, as it eliminates the burden of hiring employees for technical support and maintenance of servers and software. The provider handles your files without interrupting the software, including upgrades.

3. Agility and independence

Since the cloud is technically web-based, you get more options for accessing your applications using mobile devices. No setup or maintenance of the webserver is required. You can access your cloud and files from anywhere and anytime, thus you create a business that is very much an aggregator.

ERP on a cloud-hosted platform has proved to be a perfect solution for many in this modern technology era. To stay on top of their rivals, one must be open to adopting the technology of the new concept.