One question that many small businesses face is whether to adopt a hosted ERP solution or a cloud ERP solution. The two choices are quite similar, so it’s easy to get confused. This article will describe the advantages and disadvantages of each.
Hosted ERP requires you to purchase the software from either the publisher or Value Added Reseller and have it installed at a data center. That company then hosts the solution and performs important tasks like upgrades, maintenance and support.
Cloud ERP is similar to Hosted ERP, but the servers are virtual. This means the ERP solution is being shuttled around the huge number of servers that make up the cloud. You essentially rent things like servers, data storage and message capacity.
Simply put, no matter where you’re at as a business, data will greatly define your future success. The more data you accumulate, the better you’re able to make strong, strategic decisions at scale. Starting out, data accumulation, storage and analysis is a manual process. As time goes on, however, an Enterprise Resource Planning (ERP) system is put into place to help out. more
Enterprise resource planning (ERP) software delivers the ability to manage and standardize business processes across your entire organization. The increased efficiency from this can generate an impressive ROI. But there are hundreds of ERP vendors to choose between. more
The hidden costs associated with implementing an ERP system can add up quickly. Businesses frequently find that these projects go over budget despite being well planned. You can avoid this problem by preparing for these overlooked expenses ahead of time. This allows you to develop a more accurate budget and even reduce some of the costs. more