When you think about why you buy something, more often than not, the answer is going to either be ‘this item will provide value for me’ or ‘the price was right’.
But what if you could have both?
It’s an interesting concept because it is so ingrained into our psyche that anything cheap is poor quality, and anything of good quality that is worth having, will set you back an arm and a leg.
However, this isn’t the case with performance driving, cloud based ERP systems.
Cloud solutions are the only applications that truly bridge the gap between strong performance and budget caps, meaning that firms no longer have to choose between value-driving ERP and cost-effective ERP.
Why cloud based ERP?
Let's start with a quick overview of why cloud based solutions are good for clients and great for your firm. Our VP of Enterprise EMEA, Neil Davidson, shares his thoughts below.
Cloud Security And Availability
One of the best and little known benefits of cloud solutions is that they are more secure and accessible than in-house or traditional solutions.
Because vendors provide the constant security coverage and upkeep of the system, businesses get a much higher level of security than they might otherwise have been able to afford.
Additionally, cloud based ERP solutions boast a much higher accessibility rate than traditional solutions because it is run by an expert vendor.
This results in a workload reduction and resources can be reallocated now that IT departments don’t need to focus on an on-premise solution. It also allows a business to focus on operating budgets rather than capital or investment budgets which ultimately adds up to a lower total cost of ownership and faster ROI.
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Why consulting firms move to the Cloud
Cloud ERP vs. Excel
With cloud ERP solutions being so affordable and prolific in the market, there is no reason for any of today’s businesses to be stuck in ‘spreadsheet hell’.
No matter the size of a business’s IT infrastructure, cloud utilising businesses perform better than Excel models because they reduce manual work, are not dependent on a singular person or role, improve version control and reduce the risk of errors.
A move to cloud based ERP is the smart decision to improve productivity and communication, and increase control in your firm.
ROI And The Cloud
One of the key benefits of cloud ERP is the expected ROI.
The Cloud’s speedier, cheaper deployment and performance-driving capabilities give businesses a much higher ROI than traditional solutions.
It pays for itself within a shorter timeframe and generates significant value and revenue for firms by enhancing company-wide visibility, improving staffing and capacity planning, increasing billability through better project control, focusing IT resources on strategic initiatives and eliminating the need and cost of upgrading.
With these benefits, it seems like all firms should be looking to move from on premise to cloud based ERP – and in fact, many are. Below, our senior business director, Chris Duddridge, shares his thoughts on one of the key drivers for many firms making the move to the Cloud.
Cloud applications represent the way that solutions will be consumed and delivered in the future. With limited expenditure, virtually no pressure on internal resources, better security and accessibility, and a stronger ROI, the benefits of cloud ERP are clear.
Businesses of all sizes can now compete with this unprecedented low cost, high value solution making cloud based ERP the new standard for world-class business performance.
For more information on how your firm would benefit from moving to the Cloud take a look at our blog 6 Advantages of Cloud ERP.
IT Europa Report 2017:
Why are so many consulting firms moving to the cloud?
- Agency Workflow
- Architecture & Engineering Firms
- Business Intelligence
- Change Management
- Cloud ERP
- Consulting Firms
- Deltek Customers
- Financial Management
- Job Costing
- Legal Sector
- Marketing & PR Agencies
- People and Culture
- Professional Services Automation
- Professional Services Industry
- Project Information Management
- Project Management
- Resource Planning
- Scheduling And Planning
- Talent Management
- Time and Expenses
- Traffic Management
- Transformational Trends