If you’re keen on having an ERP implementation for your small business and have been reading online about the available ERP solutions, you would’ve already come across this term – Cloud Based ERP software.
These terms can often sound like jargon and make you feel confused. Worry not as we are going to share all information with you here in an easy-to-understand way and make it extremely simple for you.
In this blog, we’ll not only talk about the working, components, and benefits of cloud based ERP software but will also look at the cost of implementation and compare it to available CRM solutions as well.
If you are a small business based out of India and are looking for the best cloud based ERP software in India, stay with us till the very end to learn more about our top recommendation. Happy Reading!
Cloud based ERP software tool is an Enterprise Resource Planning (ERP) solution that is hosted on cloud servers and can be accessed from anywhere through the internet.
Since cloud based customised ERP software solutions are hosted on the cloud servers of the vendor, there is no need to install any software or applications on the client side or end-user machines.
In this type of ERP setup, the vendor is solely responsible for running the ERP application round-the-clock. They take care of everything from data storage, application maintenance, and feature upgrades to data security, ease-of-accessibility, and overall up-time of the ERP tool.
Cloud based ERP software is a form of SaaS (Software As A Service) and is usually available to small businesses on a subscription model. You can either choose to pay monthly or annually. In some cases, the pricing also depends upon the number of team members or end-users.
As compared to other types of ERP solutions namely on-premise and hybrid where you’ve to invest in infrastructure to host your business data and ERP application, cloud based ERP software is an affordable and hassle-free way to implement ERP and enjoy all benefits for your small business.
In this modern era of technology, if you need a competitive edge and want to drive your business to grow, you need solutions that are robust, seamless to work with, and accessible around the globe. This is exactly why cloud based ERP software has become the need of the hour.
If you are a small business and you decide to go for the implementation of cloud based ERP software, you can speak with multiple vendors and decide upon the ERP software that matches your requirements and fits your budget.
You can choose the cloud based ERP software in India that has pre-built specific modules for your requirements. You can also check with the vendor if they can personalize the modules to make changes to the ERP as per your requirement and deliver a cloud based customised ERP software.
The ERP implementation will ensure your most repetitive daily tasks are automated and the company resources are utilized for more creative tasks thus leading to an overall increase in operational efficiency.
Since this is a cloud solution, no hardware or software will be installed on-premise. You can sit back and relax while the vendor will set up the ERP implementation and shares access details along with login credentials.
This is not a time taking process, based on your customization requests and the time to transfer data, your set up will be completed from anywhere between a few days to a few weeks and you will start enjoying the benefits of cloud based ERP software in no time.
Remember to keep aside sufficient time to train your team members and employees to use the new tool so that they can get used to working with it efficiently. It might take some time but is definitely worth the effort.
After the successful ERP implementation, your employees from all departments will be able to work remotely and use the cloud based ERP software from their laptops, phones, tablets, and desktop systems.
They will be able to collaborate on different tasks and share business data with absolute ease. This will ensure a smooth functioning and timely completion of your business tasks.
There is a huge list of advantages of using cloud based ERP software for small businesses, let’s have a look at the top 10 benefits here :
Other than the benefits that we’ve mentioned above, there are a few other advantages of cloud based manufacturing ERP software.
Although no two ERP solutions are alike and different vendors offer different modules, below is a list of the most common components for online ERP tools.
There are 4 main types of deployment strategies :
A few challenges are common with all sorts of software and ERP is no different.
Indeed, challenges can’t completely be avoided in the case of ERP implementation. However, if you follow the best practices, you can definitely reduce the chances of any bottlenecks.
Keeping aside sufficient time for employee training, taking all precautions for change management, and regularly interacting with the stakeholders can ensure a smooth transition to cloud based ERP software.
With numerous recent advancements in technology, we can only expect better and bigger things in the coming few years.
It is highly expected that ERP tools will soon be equipped with artificial intelligence for accurate predictions of future trends and sales graphs.
With built-in machine learning capabilities, the scope of work will stretch far and beyond what we can comprehend at the moment but this will not be an exaggeration to say that good times are just around the corner.
New developments can also be expected with advanced remote collaboration features and robotics process automation integration into cloud based ERP tools.
As a small business reading this blog, if you are already considering setting up ERP for your small business, you might be wondering if this is the right time or if you should wait.
Here are a few questions that you can ask yourself:
Your answers to these questions will help you decide whether or not you must go for cloud based ERP implementation for your small business.
In general, most small businesses are likely to benefit from cloud based ERP implementation because it acts as a single source of truth for your business and your organization benefits from it.
In fact, the sooner you shift to cloud ERP, the easier it will be for you to transition and grow your business seamlessly.
As the return on investment for cloud based ERP is really high, there is nothing for you to worry about. Just look for a reliable vendor and give wings to your business with a cloud based ERP set up.
1. Is Cloud Based Customised ERP Software Expensive?
As a small business, it’s understandable for you to work on the numbers before deciding on going ahead with ERP implementation for your organization.
Although the prices for cloud based ERP varies from vendor to vendor and also depends upon your requirements + need for customizations, cloud ERP solutions are very affordable when compared to on-premise ERP solutions.
Also, the idea is to not look at this as a business expense. The long-term returns of cloud based ERP implementation are not just monetary but also in terms of enhanced business productivity and reduced operational costs.
If you are a small business and in need of ERP set up to bring in more order and automation to your business processes, you must absolutely go for it.
Check your options by exploring different tools available in the market and go with a vendor that offers a wholesome solution for your requirements.
2. What is the Difference Between Cloud Based ERP and CRM Software Services?
CRM stands for Customer Relationship Management which is a software solution that helps businesses to manage their customers and improve overall customer satisfaction while also increasing business revenue.
CRM is a stand-alone module that can be used by an organization along with any other tools that they may be using to run their business. In some cases, CRM can be integrated into eCommerce stores and other software solutions as well.
On the other hand, an ERP tool is a comprehensive software suite that offers end-to-end business management solutions for businesses from any industry and niche.
Most cloud based ERP software has a dedicated CRM module that works seamlessly with other ERP components. Thus, CRM is an integral part of an ERP tool.
If you are planning to implement ERP for your small business, you will no longer need a separate CRM tool for your organization.
If you already have a CRM and are keen on installing ERP, your CRM data can be easily transferred to the ERP tool so that you can switch to using one tool for all business activities.
3. Which is the Best Cloud Based ERP Software in India?
With the growing requirement for ERP solutions, new ERP tools are being launched in the market day in and out.
Instead of opting for a new ERP tool, it’s best for you to choose a tried-and-tested ERP software that has been used by companies from around the globe and has a good customer rating.
One such tool is Proximo by Autus CyberTech. It is not only the most reliable and secure cloud based ERP software in India but also the most highly trusted solution by businesses from numerous industries such as manufacturing, pharmaceuticals, finance, electronics, construction, footwear, cosmetics, plastic, and also steel.
Proximo has been in the market since 2012, we have already served 100k+ customers and have 20k+ positive reviews for not just our product but also our services.
We leave no stone unturned to ensure we offer you the best cloud based customized ERP software solution for your small business that helps you drive your business to new heights.
We would love to help you with a free customized quote for your small business, don’t hesitate to get in touch with us today. Can’t wait to serve you, get in touch with us now!
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