The 5 Hidden Economic Benefits of Cloud ERP | Passport-IT

Source: Richard Duffy Feeds

The 5 Hidden Economic Benefits of Cloud ERP | Passport-IT


The cloud has been a major topic of conversation among manufacturers over the past few years. With good reason too: it has definitively proven its financial value. Obviously, the cloud offers compelling ways for manufacturers of all sizes to reap cost savings, especially when it comes to capital spend. But cloud ERP promises even more economic win falls that aren’t quite as obvious. Just consider the following: Less Capital OutputWith traditional, legacy on-premise ERP, there is a large upfront capital investment in hardware, servers, and infrastructure. Cloud ERP on the other hand is managed and maintained by software and hardware experts in large, secure datacenters. Manufacturers simply pay for the service they need. Subscription-based pricing is “pay as you go,” providing the option to choose how much—or how little—functionality to buy. This involves very little upfront costs. Faster ExpansionOnce cloud ERP is active, manufacturers merely need an Internet connection to…



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