We all are familiar with the terms online and offline. During the pandemic, most of the work was done through online modes like learning, working, and shopping. Whenever we do something through either phone or any other device, it is known as online. And whenever we do it by visiting a premise it is known as offline. The same scenario is seen with other online services. Enterprise Resource Planning (ERP) is also categorized into two that is on-premises and cloud erp solutions.
What is cloud ERP and how does it differ from the ERP software?
Cloud ERP is a service of ERP software that organizations can access over the internet. Users have found it to be the most efficient way to store the data. Because of the major differences between them.
The working of an on-premises ERP software is explained below
- The software is installed on the computers of the company and it is managed by the company’s own Information Technology management staff.
- There is a need for additional hardware to store and disperse the data. In addition to it, there is a need for a management team to operate the hardware and the software.
- You need to count the additional cost for this hardware, facilities, and the IT department staff.
If you move to the cloud ERP solution, you don’t need to worry about all the extra cost, management, and hardware. As it is used and facilities are employed over the browser. Thus it also benefits your organization.