Ten years ago, talks of cloud computing were just a blip on the radar. Now, with businesses and technology moving faster than ever, it is clear that cloud technology is the future, with its being embraced by some of the biggest companies in the world – and to their advantage.
So, if you’re thinking about what it could do for you, here are some of the signs that your business might be ready to look to the cloud for ERP. We’ve used Unit4’s Business World’s (Agresso) offering as an example but these indicators apply to all markets.
Lower Implementation Costs
The upfront cost of implementing a cloud ERP like Unit4 Business World (Agresso), rather than an on-premise system, is drastically reduced, mainly because you don’t need to install any specific hardware to use the system. Everything is done through your browser with your current tools. Just think of those pennies you would save!
The Need for Enhanced Security
With Unit4’s cloud offering, your data remains in its own unique and complete database. This gives your business/organisation an extra layer of security that even protects against human error. There are also commissioned outside experts performing penetration tests regularly to make sure that your data is secure from the threats posed by even the very latest hacking techniques.
Your Current ERP System Is No Longer Supported
If you currently have a legacy ERP system installed, then updating and maintaining your on-premise system can be a waste of time and money, especially if it is for a very temporary fix to an ongoing problem. And if you’re current system is no longer supported by its supplier, a decision to update may coincide with the perfect time to consider Unit4’s cloud service.
ERP Maintenance Costs Are Going Up
Further to the previous point, if you have an on-site Unit4 Business World (Agresso) legacy system, no doubt, over time, it is getting more difficult to support, and every year the update costs increase and take longer to install. With their cloud version, however, you have a lot more control over future updates to your system. They will be suggested to you automatically, and you can choose when to implement them – at a time that suits your organisation’s timelines. As long as you stay within the latest two versions, you are still supported by Unit4.
Your Business/Organisation Is Growing
If you’re adding another business location, expanding internationally or even significantly growing your current operation, chances are you will start to struggle with your legacy ERP system. Many systems are troubled with multiple locations, currencies and communication breakdowns, and if that is a big part of your future plans, then now might be the time to consider the cloud. You certainly won’t have those problems with a cloud solution such as Unit4 Business World, which is designed for multiple currencies and locations. Everyone can be working out of the same system; everywhere and all of the time. No error-prone data exports and re-keyed information, just an effective solution.
So, the question is, has your organisation/business started to look at cloud ERP solutions such as Unit4’s Business World? Perhaps you already have a different on-premise version and are considering the upgrade.
If you would like to talk to one of our team about resource options for your project please get in touch.