The Post Pandemic world has high market volatility as ways of doing businesses have been disrupted for good across domains and industries. Businesses around the world have started adapting new market trends to match the rapidly changing customer demands and regulatory practices.As the long process of recovery continues, Industry leaders keep striving to optimize their business processes end-to-end from manufacturing, accounting and finance, inventory management to human resources, sales and marketing.That’s why visionary business leaders are making sure that they seize the opportunity for growth while staging one step ahead of the constantly changing environment. Many have now tapped into the tremendous potential of Cloud Computing when it comes to efficient business management.Changing business environments need Cloud Enterprise Resource Planning Solutions to stay agile and adopt rapid market changes.
Let’s start with the basics first.
This gave rise to the concept of the cloud. Broadly speaking, the Cloud is a combination of software and services that run on the Internet on a server that’s far away from you but still just as good, if not better – instead of locally on your computer or your office server.
When you say you’re using a Cloud Software, it simply means, the software you are currently using is hosted on a server far away from where you work. In other words, it is not currently hosted on premise (literally on the premise where all the work is happening.) It is being hosted on the cloud on a server that is being maintained and managed by someone other than your company’s IT team.
There are primarily three key reasons why your fast-growing and constantly changing business needs Cloud ERP.
Let’s start with the basics first.
What is the Cloud?
Each technology solution needs a centralized hardware to stay (hosted). Simply put, this hardware is often the server that traditionally used to be where you worked, probably in the office basement or in the server room. However, thanks to the advancement of Internet, powerful processors and technology that the need to achieve faster speeds when working on computers at work, arose.This gave rise to the concept of the cloud. Broadly speaking, the Cloud is a combination of software and services that run on the Internet on a server that’s far away from you but still just as good, if not better – instead of locally on your computer or your office server.
When you say you’re using a Cloud Software, it simply means, the software you are currently using is hosted on a server far away from where you work. In other words, it is not currently hosted on premise (literally on the premise where all the work is happening.) It is being hosted on the cloud on a server that is being maintained and managed by someone other than your company’s IT team.
What is Cloud ERP Software?
A Cloud ERP software is nothing but an end-to-end business planning and management solution which is hosted on a Public or Private Cloud infrastructure. It literally refers to an ERP solution hosted on the Cloud.Cloud ERP solutions are built to deliver a unified, up-to-date view of business data without the hassles of maintaining a full-fledged IT team.Who takes care of the Cloud Infrastructure?
Your technology solution partners or SAP Implementation Partners like VC ERP Consulting take responsibility for hosting, deploying and managing not only your Cloud infrastructure but maintain your SAP ERP on Cloud which results in- Lower Total Cost of Operations
- Improved capital budgeting
- Reduced IT dependency
Why an ERP hosted on the Cloud?
For more than three decades, ERP Systems have delivered and added value to businesses helping them boost productivity and gain insights. After COVID-19, market volatility has increased and the world has changed.ERP Solutions hosted on the Cloud are designed to transform your business, help your business stay competitive and provide powerful operational capabilities. SAP ERP Solutions designed for the cloud shift the IT burden and infrastructure hassles from your business to your experienced implementation partner.Cloud ERP differentiators
- Eliminate capital costs and decrease financial risk
- Faster deployment and increased employee productivity
- Easy to configure and can be tailored as per your unique business needs
Which type of Cloud ERP is best suited for your business?
Each Cloud ERP Solution is different. Each ERP solution that is deployed, managed, monitored, and maintained as well as their security, protocols and global reach is unique.It is important to understand the specific processes, needs and budget of your specific use case so you can select the best ERP on the cloud solution for your business. At VC ERP, our expert consultants and advisors can help you decide this for free.Choose the ERP on Cloud deployment option that is best suited for your current landscape and investments, your business complexity and your capacity, as well as your desire for change.There are three types of ERP hosting options for the Cloud:- Public Cloud
- Private Cloud
- Hybrid Cloud
Which Cloud ERP Solution is best suited to your business?
SAP Business One Cloud
“SAP Business One Cloud” is nothing but the cloud deployed variant of the SAP Business One ERP solution. This software-as-a-service solution can either be hosted on SAP Cloud depending on your region or VC ERP Consulting hosted cloud.Ideal for:Small and Medium BusinessesSAP Business ByDesign
SAP Business ByDesign is the ERP meant to be run only on the Cloud delivering pre-built processes for various business departments and functions right from Finance to Sales to Product Management and more in a single, comprehensive and unified solution. It’s engaging and simple UI/UX makes for a an easy-to-use business management solution.Ideal for:Small and Medium to Mid-market BusinessesSAP S/4HANA Cloud Offerings
SAP S/4HANA Cloud is a complete enterprise resource planning (ERP) system with built-in intelligent technologies, including AI, machine learning, and advanced analytics.SAP S/4HANA Cloud (Formerly SAP S/4HANA Cloud Essentials)
This is a multi-tenant public cloud variant of SAP S/4HANA ERP solution having all the essential features powered by the Core Modules within the S/4HANA Digital Core. It is ideal for those who want to optimize their cost savings to the maximum without compromising on scalability since they will certainly outgrow the current operational stage quickly to become a large enterprise.Ideal for:Mid-Market Businesses that are quickly growing into Large Scale EnterprisesSAP S/4HANA Cloud Extended Edition
SAP S/4HANA extended edition has a variety of UI options to select and expand the functionality. It is ideal for those who want to do away with managing the entire IT infrastructure without compromising on flexibility.Ideal for: Conglomerates & large businesses that need support of the cloud for additional features in addition to the S/4HANA digital core making it more flexible than the Essentials editionSAP S/4HANA Cloud Private Edition
The SAP S/4HANA Private Cloud Edition is the full extensive ERP that will help you convert your existing SAP ERP On-Premise Systems, ECC or otherwise into an Intelligent Cloud ERP. It is the identical counterpart of having a SAP S/4HANA On-Premise Solution – the only difference is that it’s entirely on the Cloud.Ideal for:Conglomerates & Large businesses with a strong need for high security, complete flexibility and total control over every aspect of business with sensitive dataWhy does your Fast-Growing Business need a Cloud ERP?
There are primarily three key reasons why your fast-growing and constantly changing business needs Cloud ERP.
Improved Agility
Businesses have to be agile to constantly keep up with the changing trends to stay competitive in this age of digital transformation. Rapidly growing businesses need to seize opportunities by- Establishing footprints in untapped markets
- Introducing new products and services
- Making acquisitions
- Responding to competitor failures
- Flexible and easily expandable
- Designed to improve business growth
- Provide Real-time business information leading to agile decision-making
- Single reporting system ensuring business growth
- Collaborative capabilities for employee to work together to meet common, time-sensitive goals
Increased Visibility into Cash Flow
Improving Cash Flows and profit margins is the lifeblood for any growing business. Top management needs vital information on-the-go. Growing businesses require to- Improve profit margins
- Build balance sheet reserves
- Build and maintain working capital, operating expenses and investments
- Deliver immediate cash flow and vital profitability information
- Easy integration to critical business data like balance sheets
- Systems should be updated with new features
How will your business benefit by implementing Cloud ERP?
Modern cloud ERP Solutions like SAP Business One On Cloud, SAP Business ByDesign and SAP S/4HANA are designed to improve workflows with streamlined business processes. Connected business processes provide better customer service, identify upsell opportunities and improve the order-to-cash cycle.
Managed Costs
- Subscription service – no upfront hardware or software costs
- Lower ongoing IT and Staff costs as upgrades and maintenance will be handled by VC ERP Consulting
- Significant cost savings with public cloud deployment
Low TCO & High ROI
- Mitigate capital risks
- Low IT Dependency
- High availability and faster output
Fast & Flexible Implementation
- Fast and quick implementation as VC ERP Consulting handles hardware and software installations
- Easily configure consumer mobile applications & cloud ERP business applications
- Intuitive user interface making the UI easy to adopt
- Speed the time to productivity and seize the opportunity by implementing Cloud ERP
Improve Operational Visibility
- Introduce new capabilities, upgrade outdated business processes and support best business practices
- Speed up and Improve finance and accounting practices and extend beyond to partners and networks
Consolidate Standalone Legacy Applications
- Integrate all existing and new applications with a modern cloud ERP
- Eliminate the use of disconnected systems and connect critical business functions through interconnected cloud ERP
Continuous Innovations and Upgrades
- Expert SAP Implementation Partners with decades of experience like VC ERP Consulting deliver new functionalities, patch updates and upgrades and application improvements all the time
- Increased overall pace of faster and responsive innovation
Capture Real-Time Business Insights
- Unlock Big Data and access the mission-critical business data hidden within large and complex data sets
- Deep integrated analytics available on Cloud ERP serving as the key for better decision making
- See trends, predict changes and automate business processes improving resource usage and customer service
Make Business Decisions On-The-Go
- In-built mobile capabilities into SaaS ERP Solutions
- SaaS solutions support modern User Interface with a responsive design to fit mobile screens
- Access critical business data from anytime anywhere and make informed business decisions
Improve Employee Productivity with Cloud Intelligent Technology
- Access intelligent technologies like Artificial Intelligence, Machine Learning and Internet of Things
- Allow devices to feed data back to applications through cloud for up-to-date status information
Complete Data Security
- Full-time professional security experts at VC ERP Consulting handle security and data backups
- Stay rest-assured with on-premise security breaches
- Keep your ERP systems complete, connected and collaborative
- Avoid data vulnerability at points of integration and reduce risks associated with multi-vendor landscape
Increased Scalability
- As and when your business grows, add additional computing power to your Cloud ERP System
- Expand your data storage capacity as your business experiences growth rather than incurring a large capital expense
