Cloud ERP and on-premise ERP systems have their own share of benefits. However, an increasing number of organizations are now inclined towards cloud ERP application development due to its apparent benefits over on-premise systems. An international survey conducted by HubSpot in 2018 revealed that 64 percent of companies were using SaaS applications while 21 percent used cloud ERP. Surprisingly, only 15 percent of the respondents were using on-premise ERP systems. Since then, there has been a multifold increase in the popularity of cloud ERP that clearly indicates its importance in modern-day business applications.
Here, we shed light on the significance of cloud ERP application development for business process management. Furthermore, we’ll explore different ways that cloud ERP software solutions helps enterprises to enhance their business process efficiency.
Also, Read Essential Components of SaaS Application Development
Benefits of Cloud ERP Application Development
The demand for cloud-based ERP systems continues to grow worldwide as businesses are predominantly investing in the SaaS architecture. Cloud ERP application development gives them a great deal of flexibility and scalability to efficiently manage their routine business processes. Let’s move ahead and dig deeper into the main benefits of cloud ERP development services.
Accessibility
One of the main benefits of developing a cloud ERP system is that it gives you anytime, anywhere access to the given software. Also, a cloud ERP application is accessible across a wide range of devices including desktops, laptops, smartphones, and tablets. All you need is a stable internet connection and a compatible device to get off the ground and access the application.
Real-time Insights and Analytics
Cloud ERP application development enables organizations to gain real-time insights into their business processes and evaluate system performance with ease. As a result, businesses gain access to valuable information as it becomes available which further aids in effective decision making. Besides, most cloud service providers offer advanced analytics features and BI tools to analyze and process business data that help extract relevant and up-to-date information. Enterprises can use this information to optimize their internal processes to enhance operational efficiency and improve customer services.
Scalability
Cloud ERP applications are increasingly flexible and easy to scale in accordance with the dynamic userbase requirements. Besides, cloud ERP application development lets you gain better control over the application and its features. It seamlessly integrates with your existing business model and IT infrastructure to render better interoperability. Above all, relevant data and information are readily available as and when required, thereby providing a great deal of flexibility to manage operations with ease.
Reduced Operational Costs
Unlike on-premise systems, cloud applications are hosted on a remote server. Therefore, it rules out the need for setting up complex hardware infrastructure to run and manage software applications. With minimal hardware complications and system requirements, it significantly reduces the overall operational costs. Furthermore, most cloud service providers have a pay-as-you-go policy in place for their cloud offerings. It means you only pay for the features and services you use, thereby mitigating the overhead costs associated with the app usage.
Round The Clock Availability
Since the cloud application is managed by a third-party vendor, you do not have to manually troubleshoot or fix bugs and software glitches. The cloud service provider takes care of the software issues that may arise. Besides, you get round-the-clock access to the customer support portal to resolve software issues that you might be experiencing. It saves you from hours or even days of strenuous development and software testing by providing a quick, timely resolution.
You may also be interested in reading The Need For Custom SaaS-CRM Software Development
Final Words
The COVID-19 pandemic came as a wake-up call for many enterprises that relied on traditional software methodologies and on-premise systems. Since a majority of IT companies have a work-from-home policy in place, having a robust cloud infrastructure is imperative to efficiently run business operations. We have already discussed some of the main benefits that enterprises can avail through cloud ERP development services. However, it is critical to choose an experienced, reliable technology partner for cloud ERP application development to extract maximum benefits.
We are a seasoned custom ERP software development company having a proven track record in building custom cloud-based software applications. At Oodles ERP, we provide end-to-end ERP software development services with a focus on building custom applications from the ground up. Our development team has vast experience in cloud ERP application development and implementation to solve complex business problems. We use open-source tools and the latest cloud technologies like Amazon Web Services, Azure Cloud, and Google Cloud Platform to build scalable enterprise applications with custom features. For more information, write to us at [email protected].
