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Business

9 Reasons: Why An SME Should Work In The Cloud?

Discover the advantages of investing in cloud management software

Today, small and medium-sized businesses (SMBs) are falling behind when it comes to cloud adoption . In fact, a recent Microsoft study showed that more than 96% of businesses use the cloud, compared to just 78% of SMBs. And while the use of cloud-based productivity applications (like Office 365) has grown steadily among these smaller companies, their continued reliance on legacy software in key business applications like ERP or accounting prevents them from competing effectively.

Given this situation, moving to the cloud should be an obvious priority for SMBs, but there are still myths and misconceptions regarding the benefits of cloud technology. And it is that, many companies still do not know the advantages of an ERP management software in the cloud .

It’s time to rely on solutions that allow you to work reliably and flexibly from the cloud

Cloud computing, an upward trend Why should you bet on an ERP in the cloud?

The choice of a management software for the administration of your business is not a decision that is made without prior thought. First of all, you must consider what needs you must cover , to choose the best solution that suits your business, and of course, your budget.

Traditionally, options limited solutions to implementations on our own server, called On-Premise. The rise of cloud computing has opened up a world of opportunities, thanks to access to software hosted outside the business, something that makes projects cheaper by moving from a license payment model to another based on pay-per-use. For this reason, here are 9 crucial benefits that companies obtain after investing in the cloud.

1. Higher profit and ROI

Simply put,  businesses that move to the cloud make more money , plain and simple. And not by a few percent: SMBs that invest in the cloud report up  to 25% growth in revenue  and up to twice the profits of those that don’t. Moving to the cloud is simply the best way to grow faster.

Additionally, cloud deployments provide a higher return on investment (ROI) than traditional on-premises software projects, especially in  ERP  and  CRM .

2. Unmatched business flexibility

Cloud software allows small businesses to always stay active regardless of their location. In today’s mobile and cloud world, the ability to be productive from any phone, tablet or computer provides the flexibility to  quickly adapt to changing  business and information needs. This translates into  more agile operations and more satisfied customers .

3. Enterprises in the cloud, faster IT innovation

Time and money spent on routine IT maintenance tasks can be efficiently offloaded to the cloud, freeing IT resources to focus on more strategic tasks  like troubleshooting, improving user experiences, and gaining insights. more value from systems and processes.

4. Seamless and automatic software updates

Another advantage of an ERP management software in the cloud is that, with cloud  computing , all software updates are done automatically, so critical systems always have the  latest features and functionality. security features . This effectively ensures that all of a supplier’s R&D investments are transferred to their customer’s business, without the customer having to spend additional time or resources.

5. Collaboration and productivity enhancements

Cloud-based digital workspaces offer the opportunity to collaborate more effectively and break down data silos to enable greater employee productivity. In addition, cloud productivity suites and all-in-one business management solutions have  integration capabilities that cannot be matched by on-premise software .

Cloud computing for business also enables teams to be more productive, regardless of their location. This allows organizations to offer more flexible jobs that contribute to a work-life balance  .

6. Seamless software integration

Cloud apps often support application programming interfaces (APIs) that simplify integration, while automation tools like Microsoft Flow make joining easy. In this way, they can connect faster than ever, resulting in new levels of speed and efficiency. This would be another of the main advantages of an ERP management software in the cloud.

7. Large storage capacity

As your business grows, so does the amount of data you need to collect. Working in the cloud guarantees having large storage capacities  while reducing the risk of data loss  due to problems or technical failures in the facilities.

8. Increased security and data protection

In addition to reducing maintenance costs, you will also save on technical staff dedicated to platform security. In the case of Microsoft, working with an ERP located in its cloud guarantees the  support of a large team  dedicated solely to security.

In a recent ComScore study, more than 40% of small businesses were concerned about data security. Before moving to the cloud. After making the switch, 94% of companies reported security benefits. That they had not been able to achieve with their previous on-premises resources. And it is that, by storing and backing up copies in the cloud. The data is available and protected regardless of what happens with personal devices.

9. Increased competitiveness with cloud ERP software

With  the cloud, any business can run on the same systems used by the world’s largest and most sophisticated companies, allowing them to  innovate and act faster than competitors  running on-premises legacy systems.

We hope that this post with the 9 advantages. An ERP management software in the cloud has been useful to you. With  Microsoft Dynamics 365  you can deploy your software (ERP, CRM, Business Central , BI, etc.) in Microsoft’s private cloud (Azure), where you will have your data always accessible and with the security of working from the  environment of a technology leader  of the stature from Microsoft. Do you join in taking the leap towards digital transformation?

 

dynamicssquare

John Smith is a Marketing Manager for an UK & USA leading Microsoft Dynamics Partner, Dynamics Square. The company help enterprises seamlessly manage, and drive their operations with Microsoft Dynamics 365 Business Central, Power BI Services, Dynamics 365 Finance, Supply Chain, Sales, Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Power Apps, and Microsoft Dynamics GP.

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