What are the benefits of cloud based ERP software

Flexibility - Cloud-based ERP systems are flexible, allowing for remote and mobile access from anywhere at any time. This flexibility allows growing companies to expand without having to worry about IT infrastructure or server maintenance, as the cloud service provider takes care of these issues.

Scalability - Scalability is a major benefit of cloud-based ERP solutions. With this type of system, you only pay for what you need and use. As your business grows and more employees use the system, you can easily add users and pay for what you need when you need it.

Security – Cloud ERP solutions have state-of-the-art security features with high levels of data protection, ensuring your company’s financial information and all other data is protected.
Less Maintenance - Cloud-based ERP systems require less maintenance than an on premise ERP system because they provide automatic updates along with a support team that takes care of everything from backups to security patches.

Lower capital requirements to access innovation - Traditionally, businesses had two choices for their IT infrastructure and software. They could either buy the hardware and pay for an on-site team to install and maintain it, or they could lease from an on-site provider. In either case, the company had to invest large sums upfront, often in the form of a capital expense. When you go with cloud based ERP, the technology is hosted off-site and maintained by experts who can manage it more efficiently than your own staff at a lower cost.