Cloud-based ERP for a small companies
Cloud-based Enterprise Resource Planning solutions are management systems that meet the needs of small businesses. The core modules commonly integrated into them, for example, are CRM, sales, purchase, marketing, HR, Payroll and accounting.. These flexible, adaptable and modular cloud-based solutions respond quickly to the ever-changing market demands
One of the greatest challenges faced by small businesses are the investments they are required to implement for on-premise storage and hardware to handle an ERP system. This challenge was solved with the advent of the cloud or SaaS (software as a service) solutions. Cloud-based ERP systems are accessible from anywhere and from any device.
Businesses can now store more data and enable new business applications at much lesser costs. Cloud services come as subscription services that offer fixed prices than huge upfront costs. A good small business ERP will manage main processes like:
- product planning and cost
- marketing and sales
- inventory and stock tracking
- payments and shipping
It should also be multilingual, ie, the possibility to create invoices and documents in many languages, support tailor-make product info for various markets, interact with clients and provide support in many languages.
Cloud-based ERP systems provide SMBs and enterprises multiple benefits including scalability, reduced costs, and improved security. So, choosing the right ERP system that helps you to grow your user base, and increase your revenue would be a good plan.