It’s no enormous surprise that enterprise software (like ERP or CRM) being hosted in the cloud is fast becoming the choice of more and more businesses. A 2016 report on SaaS enterprise software by an autonomous ERP research firm found that while 36% of participants surveyed at present utilize SaaS business software, 70% of them believes they will make the switch to SaaS beyond ten years’ time. The cloud business is flourishing, particularly for those looking to implement enterprise software like ERP for the first time.
Leading ERP companies have noticed the shift in drive and have invested more heavily in building and promoting their cloud-hosted models. The reasons so many businesses have either switched to SaaS ERP or are choosing it as their first platform are clear. It’s faster to implement, it’s more scalable the list goes on. You’ll also hear something about Total Cost of Ownership (TCO) and you’ll be told at every software demo that SaaS ERP will save your business money but do you know just how much, and in how many departments, you could save?
It’s not just the money you could save immediately it’s the money that’s staying in your business over its entire lifetime. Some of the top ways SaaS ERP can save your business money:
The scalability of cloud software won’t just make your business more flexible in terms of implementation time, the use of an outside support network and ease of adding users. It will also give your business extra breathing room when it comes to your budget. Any kind of leeway in that area is invaluable to any company that’s looking to grow. That’s particularly why cloud-hosted ERP and CRM software is a good choice for small and midsize businesses who don’t have the budget required for a complex, on-site installation of their ERP and a server to store that system and company data.
You may just not want to tie your business down in investing in a large amount of hardware right now. You may have remote employees or be working in a shared office space that you plan to move out of as you grow. Mobile-friendly SaaS ERP like Epicor is accessible from any device that can get an internet connection you’ll be able to have remote employees, streamline and control production and check on the health of your machinery no matter where your business is based. Whatever your reasoning, cloud based ERP could solve a whole host of common ERP headaches, and save your business some serious money while doing it.