Cloud has been one of the most nascent residents in Tech Town who has painted the landscape with a new colour altogether.

Cloud-based computing, also known as Software as a Service (SaaS) is a concept of using computer resources in a way that they are shared by a host of computers over the Internet. Such applications are maintained by remote data centers that can host multiple applications at the same time.

Cloud ERP enables the users to access the various features of the ERP software over the Internet for the required duration and scale. For example, if you are a company in Amritsar, Punjab, you can access the SaaS features of Zenscale over the Internet even when we are situated in Ludhiana.

The power of Cloud ERP platforms is depicted by the various benefits that it offers as follows:

1. Availability

The availability of Cloud ERP can never be questioned. It is accessible at all times and through multiple channels like the website or the app. The very nature of SaaS is that you as a user can access it from any corner of the world with no downtime whatsoever. This means that you can access it at the office, sitting at home, while traveling for a conference, or even when you’re on vacation.

2. Scalability

Since your needs can fluctuate from time to time according to the demands of your clients or internal operational changes, it is extremely easy to scale a cloud ERP system to always match your current requirements.

For example, if for a particular month your business suddenly experiences tremendous growth, you can simply change your subscription package and choose one that enables you to handle the surplus traffic.

3. Security

Cloud ERP services often follow an encryption-based data storage model. This makes sure that it is securely stored in the cloud and eliminates all possibilities of data breaches. And even if vulnerability is encountered, the vendors are almost always capable enough to patch the weaknesses with an upgraded framework.

This is more than you would ever do yourself. Moreover, sensitive data stored on your office systems are more vulnerable to attacks and thefts.

4. Costs

With a Cloud ERP technology, you have a storage system that can be scaled when the need arises, with the accuracy of a single moment. Hence, you no longer have to fund and manage your own data-centre with investments that have to take into account even the requirements of the future.

Instead, payments are usually made on a monthly basis to the vendors so that they manage their storage for them. Moreover, not only are the expenses spread out over the whole financial year as compared to a huge one-time investment, they are also a recurring and fully-tax deductible expense.

5. Speed

The speed with which these SaaS Cloud ERP software work is commendable owning to the best world-class hosting environment services such as Amazon Web Services or Microsoft Azure. These data centers are highly reliable and store your data is a way that it is spread across various geographical locations. Hence, nothing can ever get lost and can be retrieved with lightning speed, features that are almost impossible to achieve with an in-house data storage centre.

6. Analytics

Cloud ERP software’s provide real-time analytical data in the form of business intelligence in a way that processes can be optimized. This aids the decision-making process to a large extent, especially in the manufacturing industry where actionable insights are needed on a daily basis!

Conclusion

Cloud Based ERP Software is thus a reliable system to take care of the management needs of companies and help them remain competitive in their respective markets. The corporate world is increasingly becoming more data-centric and hence, organizations need a dedicated solution to manage all the generated information.