Cloud ERP, often called Cloud-based ERP, enables a company’s accounting, operations management and reporting to run in the cloud. The Cloud is particularly valuable to small and medium-size businesses (SMB’s) because it provides access to full-function applications at a reasonable price without substantial operating expenditure for hardware and software. Using the correct cloud provider, a company can rapidly scale as their business grows or a new company is added.
The Benefits of Cloud Computing
Cloud ERP has been proven to reduce costs in many ways because it
Avoids upfront costs for all computing infrastructure such as hardware and data servers
Reduces IT support services because IT is in the cloud
Eliminates paying upfront for application software licenses
Shrinks the cost of maintaining and supporting those applications since the cloud vendor handles the updates and upgrades
The most important benefits of Cloud ERP go beyond cost-savings and include
Paying only for the computing resources needed
A fixed monthly rate so companies can use their cash on other business initiatives
Taking advantage of Cloud ERP applications faster since installation of hardware and software on servers or user devices is not required
The ability to adjust the amount of cloud service as a company’s computing or storage needs fluctuate
Enjoying the confidence that the data has been backed up and there is a disaster recovery plan
Avoiding attacks on the company’s server because the data in not stored locally, but in the cloud
Accessing the system from anywhere makes it easy for a company to expand geographically since the Internet is everywhere and there is no need to implement hardware and software at remote locations.
The Benefits of Larid’s Cloud ERP
Larid Cloud ERP is a flexible and cost-effective option for small and medium-sized businesses.
More importantly, it is designed to respond to and overcome the inflexibility of many existing ERP solutions. This is done by allowing CHOICE of:
Functionality you wish to license with the Larid standard suites as well as optional add-on features
Computing power and data storage size needed now and when the business changes
Deployment options ranging from SaaS, hosted in a private cloud or on-premise, which can be switched as needs change
Licensing models of annual subscription or perpetual license
Access from any device such as an Apple iPad, iPhone and Google Android or use a Windows, Mac or Linux desktop computer.