How Does Cloud ERP Help Manufacturers Grow?

Cloud Enterprise Resource Planning (ERP) is used more often today by manufacturing organizations. Impacted by the rise of remote working and modern innovations, manufacturers have been choosing the cloud to help them stay competitive.

Cloud ERP manages and streamlines business operations across the enterprise and ensures data security. It provides seamless integration of workflow and allows managers to monitor resources to save time and money. With greater productivity, lower costs, and better insight, manufacturers can grow faster.

If you are considering ERP for your manufacturing business, there are multiple options to evaluate. But in terms of deployment, does cloud ERP make sense for you?

Cloud ERP is Software-as-a-Service (SaaS) that provides access through the internet on a pay-as-you-go basis. It links all business processes from procurement to sales, finance to HR, and manufacturing to services. Cloud ERP safely stores information on cloud servers and needs minimal IT staff or resources to run and maintain it. With business-relevant data kept online, human errors are avoided by not having to upload and download files.

Cloud ERP has a shorter time to ROI at 26% sooner. It is faster to implement than an on-premise solution. Cloud ERP has a lower total cost of ownership and technology for improvement is easily accessed. With greater connectivity, decision-makers can quickly access the information they need. Business processes are completed faster and internal schedule compliance and on-time delivery get increased. Those are essential factors for manufacturers.

On-premise ERP is installed on local systems and servers at your location. On-premise ERP is not accessed through the internet and cannot be used on different handheld devices. That’s why cloud-based ERP software is preferred by many businesses nowadays.

What are the benefits of cloud ERP software for manufacturers?

1.     Lower cost for maintenance and upgrades

2.     Fast and flexible implementation as compared to on-premise ERP

3.     Better security, data backups, and disaster recovery

4.     Continuous business innovation, new capabilities, and changed business models

5.     Simplifies workflows while eliminating disconnected systems

6.     Real-time analytics to predict changes, see trends, and improve processes

7.     Ensures modern user interface (UI) to fit mobile screens

8.     Integrates with evolving technologies for greater productivity

9.     Increases profitability with greater efficiencies and lower costs

10.  Scales with your business growth

Cloud ERP improves business agility, productivity, and lowers costs by bringing all data on one platform. Modern cloud ERP for manufacturing can help manufacturers innovate business models, automate processes, and provide insights using AI and machine learning. Cloud ERP providers have an off-site backup of data for a double-layer of data security. In case of a data breach, data can be restored from the backup to get up and running quickly.

Conclusion

If you are searching for an end-to-end ERP that can help your company grow, selecting the deployment option is important. Cloud can transform current business functions by automating and streamlining processes.

OptiProERP with SAP Business One is an end-to-end enterprise resource planning solution for manufacturers and distributors. It lets you adjust and update information in real-time. OptiProERP’s cloud solution lets you view shop floor activities, inventory transactions, and production processes from anywhere using a handheld device.

If you want to learn more about how cloud ERP can help you achieve manufacturing excellence and transform your business operations, contact us.

Watch this video to see OptiProERP with SAP Business One’s complete functionality.

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