Enterprise resource planning (ERP) is a business strategy that uses software to streamline your business processes, your IT resources and any other elements of business function you choose. The result of using ERP software is that you can get the total view of how your business is doing and consider ways to increase productivity with the click of a button.
Saas ERP Becoming More Popular
If you are considering SaaS ERP solutions, you would also be part of a notable trend. From 2009 to 2010, says the Aberdeen Group research report, organizations showed an increase of 61 percent in terms of thinking about using SaaS for their ERP model.
The trend, says Aberdeen researchers, really took off from 2009 to 2010, possibly as your options for SaaS ERP vendors rose – and so did overall considerations toward cloud computing. You are likely to already know the benefits of an ERP model mean that your data across operations – from accounting to sales, from inventory to manufacturing and customer relationships – can be stored in a central database. The result is greater knowledge of all levels of your business function and the ability to make quick and informed decisions.
Gain Flexibility with SaaS ERP
In addition, if you realized that many SaaS ERP options give you flexibility in choosing applications and pricing, and that the overall cost is usually less than implementing a more traditional on-site ERP solution, you line up with the trend that says 79 percent of survey respondents were drawn to SaaS ERP because of cost savings.
You may notice the market for SaaS ERP growing stronger this year, particularly as more organizations learn about its forecasting and data synchronization capabilities. The trend could also be linked to another benefit of implementing a SaaS ERP model – when it comes to making the most of your existing IT programs and staff, you can add on functionality with SaaS without necessarily adding on people.
Keep in mind you will have flexibility with a SaaS ERP program, but you may not be able to distinctly customize its options as easily as you can on a traditional model. However, you won’t need as much IT knowledge to run SaaS ERP, and you can leave issues like set-up to your vendor to handle. Increased options from new SaaS ERP vendors are making the software more appealing across all organization sizes, as reflected in the Aberdeen study.
SaaS ERP Helps Streamline Business Functions
Another consideration of SaaS ERP’s growth is the high confidence consumers are putting toward buying online. Your customers are used to doing business online, so a SaaS ERP model that streamlines your business functions with web based technology might be a sensible and natural solution for you.
The trends say organizations are recognizing this year that SaaS ERP can give them a simpler way to organize data at all points, with strong reliability and no geographic barriers – at manageable costs and with a lesser need for complex IT services. If this sounds like you, you’re right on track with many other organization leaders looking into SaaS ERP models.