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ERP System

Present: ERP Today

From On Premises to the Cloud 
From the 1990s until the beginning of the twenty-first century, ERP adoption grew rapidly, as more organizations relied on ERP to streamline core business processes and improve data visibility. At the same time, the cost of implementing ERP systems began to climb. Not only were on-premises hardware and software expensive capital investments, enterprise ERP systems often required the additional costs of custom coding, consultants, and training.

Meanwhile, ERP technology evolved to embrace the internet, with new features and functionality, such as embedded analytics. As time went on, many organizations discovered that their on-premises ERP systems couldn’t keep up with modern security demands or emerging technologies, such as smartphones.
Enter the cloud—or the software-as-a-service (SaaS) delivery model—for ERP. When ERP software is "in the cloud," it simply means that it is kept on a network of remote servers, instead of at a company’s location. The cloud offers a more affordable alternative for ERP that lowers both operational expenses (OpEx) and capital expenses (CapEx) because it eliminates the need for companies to purchase software and hardware or hire additional IT staff. With no costly infrastructure to support, resources can be invested in growth opportunities. Employees can shift their focus from managing IT to more value-added tasks.

Next-Generation ERP

Built for Any Size Business
While the legacy ERP systems of the past were often too expensive for small to medium businesses (SMBs), the cloud has broken that barrier. With a SaaS solution, smaller companies can leverage the same proven, industrial-strength ERP software that larger enterprises have been using for years. A cloud-based ERP solution can be implemented quickly, with no CapEx investment. For small to medium businesses looking to innovate quickly and seize new business opportunities, cloud ERP offers the flexibility to quickly add new users and support changing business needs.

Delivering an Extended Enterprise to Fuel Opportunities
When cloud ERP extends its core financial architecture to include integrated customer relationship management (CRM), supply chain management (SCM), human capital management (HCM), and enterprise performance management (EPM), the system seamlessly ties all the applications together with a single data repository and a common user experience. An extended cloud ERP system enables all departments to be managed with improved visibility and collaboration, as if they were a single organization. It also provides seamless access to advanced reporting features, such as data visualization and advanced analytics. With access to emerging technologies, such as the Internet of Things (IoT), organizations gain a comprehensive, real-time understanding of business activities not only in the front office, but also in warehouses and on factory floors. This knowledge is readily available to employees on their mobile devices through social tools.

Built for the digital age, today’s ERP cloud embraces mobile, social, and analytic tools. Anything less won’t move an organization forward.

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