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What is ERP Cloud Software?
ERP gives users access to ERP via online servers. ERP Cloud is a software that gives companies access to important business applications anytime and anywhere.
ERP Cloud is an ERP software that works on a secure server, providing easy access online. Its superpower integrates each section under one umbrella, serving as a central repository of corporate business data.
Cloud ERP software is a modern, affordable and comprehensive solution for businesses operating in today's digital economy.
What is ERP and how does it work?
With today's businesses trying to operate efficiently while adapting to evolving requirements, expectations, and technology, “What is ERP software?” has become a popular question. To answer it, we must start by explaining what the abbreviation means: ERP.
As the name indicates, ERP includes how organizations manage (regardless of size) their resources. The term "resources" can include, but is not limited to, materials, equipment, personnel and capital. Using ERP software, organizations can manage these resources and integrate separate sections - such as finance, accounting, sales, customer relationship management and more - through one centralized application interface. Information is shared at the corporate level and synchronized in ERP and is available to all employees, putting everyone on the same page at the same time.
What is cloud ERP
What is cloud-based ERP and how does it work?
Cloud-based ERP systems allow businesses to access all the above benefits of ERP software online. These systems can be classified as: cloud and proprietary software
In private cloud ERP, the necessary hardware and software are physically located in a private business facility, and the IT department is responsible for deploying, securing, and maintaining the system. Initial costs can also be high, and employees may only be able to access the system remotely through a third-party app and/or device.
When IRP cloud software is delivered, users can access the system anytime and from anywhere - as long as they have internet connection and a browser-supporting device. This access "anytime and anywhere" is a game changer for companies with remote workforce, field technicians and multiple locations. The ERP cloud vendor is also responsible for security, updates and upgrades, so customers' IT teams are free to consider other initiatives to boost growth.
In some cases, companies can also choose to deploy their ERP software as a combination of a private cloud approach.
What are the advantages of ERP Cloud?
One of the biggest advantages of ERP cloud software is its virtually limitless customizability. Additional solutions, role-based dashboards, open APIs, and industry-specific functionalities - all combine to give companies unparalleled data visibility, powerful decision-making tools and a future platform for success.
Companies can implement the public business version of ERP Cloud or choose versions that are designed according to the specific needs of their industries.
Construction
distribution
manufacturing
Retail trade
Services
To better understand the benefits of industry-specific ERP, consider the construction industry. Construction companies have many moving parts. Office and field teams work hand in hand to complete multiple projects on time and under budget, but challenges arise when they do not have up-to-date information. ERP integrates systems and applications - including financial statements, job cost calculation, project management, inventory, customer relationship management, payroll, and more - to get a full real-time business offer that instantly connects all team workers.
As if that were not enough, each example can also be allocated to the cloud ERP, regardless of the industry version, in additional units.
Financial management
Accounting for multiple entities and sister companies
Project accounting
customer relationship management
Payroll management
Preparation of reports, dashboards and data analysis toolkit
Inventory Management
Warehouse management system
Order management
commerce
POS
Construction management
Manufacturing management
Service management