Cloud ERP

What Is A Cloud ERP Solution?

A cloud ERP solution is an enterprise resource planning (ERP) solution that is hosted on an outside cloud computing infrastructure, as opposed to living within a business’s own on-premise data center. ERP solutions are a category of business management software that supports and accelerates digital transformation by integrating and improving critical business processes. This also enables the flow of data between departments and to key stakeholders like vendors, sales channels, 3PLs, and customers.

Organizations can expect to benefit from reduced costs, improved productivity and operational efficiencies, and significant time savings no matter if they chose to deploy their ERP solution in the cloud or on-premise.

Third Wave Business Systems is a Gold Partner of SAP, the world leader in ERP software. As North America’s longest-standing SAP Business One partner, small to enterprise level businesses trust us to implement scalable ERP solutions with hands-on expertise every step of the way.

Cloud Vs. On-Premise: How Should You Determine The ERP Deployment Method?

After first identifying your business needs, selecting the best ERP solution to meet your needs, and finding the partner or vendor that is right for you, it’s time to evaluate how the solution should be deployed. Because the solution’s functionality won’t change based on deployment, it is essential that this is the final decision before implementing a cloud ERP solution within your business.

An ERP partner like Third Wave is happy to advise on this decision without bias, as we can work to implement an on-premise or cloud ERP solution, and migrate your business between the two. What works for your growing organization today may not work for you tomorrow.

That being said, there are a few considerations to account for when deciding between on-premise and cloud ERP deployments:

• Total Cost of Ownership – If you already have the server space and other necessary equipment, along with staff to support maintenance and updates, then an on-premise deployment may make the most sense for you initially.
• Agility and Scalability – If you deploy a cloud ERP system, your organization won’t be limited by the memory or storage space of your local servers, which you have to maintain and upgrade yourself. Additionally, the cloud offers scalability of ERP resources needed since you pay for what you use.
• IT Capabilities – whether it is an on-premise or cloud ERP deployment, you will still need IT capabilities to manage your local IT infrastructure.  Your local IT infrastructure provides connectivity to the internet, printer management and more.
• Connectivity – A business without adequately fast internet speeds will want to strongly consider an on-premise deployment to avoid connectivity issues.

Learn more about SAP Business One Cloud. Read our Cloud vs. On-Premise ERP Deployment Guide >

About Third Wave Business Systems

Third Wave helps businesses streamline and better manage their operations by integrating the leading ERP solution, SAP Business One, into their operations.

As North America’s longest-standing SAP Business One partner, we work with you every step of the way as your business grows, starting with implementation. Our passion and expertise ensure clients receive the guidance and creative problem solving needed for success, now and in the future.

To learn more about how your business can benefit from implementing an on-premise or cloud ERP solution for small and medium-sized businesses (SMBs), submit the form provided on this page to speak with an ERP solutions expert.