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Cloud ERP- When the pandemic began, many businesses were caught using outdated technology that left their team stranded without essential software, information and access to workplace information and services. A cloud-based enterprise resource planning (ERP) solution can help organizations overcome tumultuous events that interrupt standard operations by keeping employees and employers connected to resources that are vital to remote work.
Cloud-based ERP makes an organization’s on-site network available from anywhere where there’s internet access. When the whole team can access the same software, data and company-specific resources without needing to be in the building and still collaborate with their colleagues, productivity can remain stable or even increase. With a cloud solution, all departments gain access to a unified picture of how the business is performing for real-time decision-making. And you can rest assured that cloud ERPs receive regular updates to stay in line with ever-changing accounting and regulatory requirements — without the cumbersome task of re-engineering software on site.
Cloud ERP can go beyond infrastructure, though, as NetSuite discovered when it investigated the effects of implementing that solution. It can make it easier for an organization to build resilience and agility — two things that come in handy for uncertain times. Moving essential resources online has its complications, but a cloud-based ERP can help you go fully remote at a moment’s notice without sacrificing any efficiency, data or functionality.
Consider this: One of the benefits of an in-person workforce is the pace at which they can work. When teammates are under one roof, they can quickly share information, update documents, collaborate and more. With a cloud-based ERP, the potential for a quick and responsive workforce is the same. That’s not the only benefit of making the move. NetSuite’s white paper, 7 Ways ERP Helps Organizations Build Resilience and Agility, describes in detail how cloud operation can drive speedy reaction times, among the more promising potential for distributed personnel.
