When integrated ERP systems first became available, they were expensive to acquire and implement, needing huge onsite IT infrastructure and staff to operate and maintain. Only larger companies with established IT departments and substantial financial resources could expect a reasonable ROI from these weighty ERP implementations.
Cloud technology has dramatically changed the economic reality. Cloud ERP solutions now available for small and mid-sized Businesses (SMBs) in a Cloud SaaS configuration have changed the game. The benefits of cloud ERP software and SaaS are clear in significantly reduced up-front acquisition and implementation costs, as well as subscription licensing.
Local ERP specialist and CEO of MyERP, Stephen Corrigan, says cloud ERP software gives SMBs the same planning and execution capabilities as larger organisations, allowing them the same competitive advantages. “We have just completed our eleventh Acumatica installation with absolutely no hiccups. We were amazed at how rapid we can implement compared to the tedious traditional ERP systems.”
Acumatica is cloud ERP software and cloud accounting software that enables SMBs to take control of their businesses, enables them to effectively drive growth, manage costs and be productive.
Cloud-based ERP benefits customers by providing application scalability and reduced hardware costs. In addition, Cloud computing technology made it easier for Acumatica to deliver our ERP through a Software-as-a-Service (SaaS) model for customers who want to acquire cloud ERP and not have to manage hardware, software, and upgrades while reducing up-front expenses.
“When selecting an ERP product, it is essential that businesses beware of expensive imitations,” says Corrigan. “If it isn’t adaptable or cannot be accessed through any browser without the need to install additional software, then it’s just not true modern day Cloud ERP.”
By 2016, heavily customised ERP implementations will be routinely referred to as ‘legacy ERP’. Research company Gartner says that as alternatives to monolithic, on-premises ERP and enterprise applications continue to mature, CIOs and application leaders must take action to address the fast-approaching reality of ‘legacy ERP’.
Corrigan says customers can build an internal cloud to reduce ongoing hardware costs while maintaining greater control over integration and require local access to their data server. “Play to your strengths by doing what works best for your company. Tailor your business management software to fit your exact needs, no matter how specific your requirements.”
“Empower your people, your business isn’t confined to four walls. Why should the people that impact your business be? Acumatica goes wherever your people go: Anytime, anywhere, and on any device,” he concludes.