4 Benefits of Cloud-Hosted ERP
Manufacturing businesses are constantly focused on staying competitive by improving accuracy and streamlining manufacturing processes to keep both customers and stakeholders happy. By basing your manufacturing in the cloud through a Software as a Service (SaaS) model ERP system like Epicor, your company can achieve these goals faster than ever. As businesses discover the increasing benefits of cloud-based manufacturing, it's no longer a matter of if your company will join the cloud, but when. Moving your own ERP software to the cloud will keep your business competitive by outsourcing the hosting and maintenance labor to cloud software vendors, allowing you to focus on data, results and the best way to keep those numbers increasing. Here are four of the most important benefits of hosting ERP in the cloud!
Implementing on-site manufacturing software can take considerable time when you factor in wait times involved in ordering or installing the dedicated hardware and server space you’d need to get your ERP system off the ground. However, when you choose to locate your manufacturing software in the cloud, your vendor takes care of the resources needed to host and maintain your manufacturing systems. Without the necessity of your own dedicated hardware, you can get your ERP software up and running much more quickly. And as the cloud becomes more prevalent in the manufacturing industry, both new hires and existing employees will be more familiar with best practices, reducing the traditional learning curve and training times inherent in new software implementation. As with any manufacturing company, time is of the essence in your business, and moving to the cloud will help you save as much of it as possible.
Along with the speedy turnaround times that manufacturing in the cloud will provide your company, a cloud-based approach will also make it easier for employees to access your manufacturing tools and data. All you need is a reliable internet connection. SaaS Epicor can track manufacturing processes from end to end, allowing you access to the data you need from every link of your chain, both on and offsite. Any information you might need for your evaluations or for other stakeholders is available at the drop of a hat when your software is in the cloud, be it historical results or real-time data. In the competitive world of manufacturing, this kind of support and efficiency is incredibly valuable, allowing you the knowledge to increase your ROI straight away. A single breakdown doesn’t have to be a disaster anymore—your cloud software can monitor these breaks, alert you of the issue and get the right members of your team back on the job.
Aside from shorter installation and implementation times, choosing an off-site manufacturing system will save you the upfront costs that inevitably come with the hardware and dedicated employees needed to run an ERP system. Cloud-based software vendors merely require you to pay a perpetual subscription fee. This fee covers not only the infrastructure you need, but also the services and support that will keep the software running. Your in-house maintenance costs will be negligible.
This kind of fee model also allows for scalability. Does your growing business need more server space? Instead of the cost (both in time and money) that it would take to plan, order and install more servers, cloud manufacturing allows you to expand almost instantaneously by paying for more seats on your software. Locating your software in the cloud not only saves your business money upfront, but also proves more cost-effective in the long run.
Moreover, if your ERP software goes down, your provider will focus on the fix, leaving your team to keep the business on track without diverting your valuable resources away from the processes that your businesses rely on. This outside support from the cloud helps to cut down on more than just money, extending the value of your software investment and ensuring your investment is always spent where it is most needed.
Forgetting to update your ERP software can have disastrous consequences for your manufacturing business. Getting back up to speed after lagging as little as two versions behind a program's current update can require the same time and effort that it took to implement an entirely new ERP system. However, when you base your ERP software online, you never have to worry about remembering to update your software again. Whenever there is an update or fix available for your manufacturing software, your vendor will do all the legwork to make sure you stay on top of it. Continuous updates enable manufacturers to work efficiently and with a constant competitive edge. Providers will alert you to these new updates and give you discretion on when to enact them so that you can make the smoothest transition possible for your unique business.
The cloud is the new frontier for ERP software, and the possibilities are limitless. Manufacturing in the cloud can save you money, time and employees as soon as you install, while also ensuring your cloud-based processes and data are housed, monitored and secured with experts. Hosting your ERP software online will simplify your manufacturing infrastructure by leaving the rote work of maintenance, security and support to your ERP software vendor. All of this means you can focus on what your business does best: manufacturing. If legacy ERP software is beginning to slow your company down, consider switching to the cloud to enjoy the full plethora of benefits that cloud-based manufacturing can offer—like never having to deal with legacy software again.
For more information on implementing an SaaS version of Epicor, get in touch with the consultants at Datix today. We are one of a handful of Epicor Platinum Partners and have helped many manufacturing businesses build an Epicor suite that aligns with their business processes. Discover how cloud-based ERP opens new areas of growth right from go-live!