Cloud-based ERPs have now become a common choice for companies. There are a number of reasons for this trend. Prior to cloud-based ERP systems, there was an incredible burden on the shoulders of business owners, including overhauling their networks to accommodate increased bandwidth and network speeds. They also used to handle the purchase, order, and installation of equipment related to their on-site ERP systems. This also entailed installing servers, additional air conditioning, and storage capacity for data.
With these high costs, the ERPs would end up reducing ROIs for businesses rather than increasing them. Also, the need to update and consistently maintain the software and hardware, respectively, would add to the capital expenses. This would lead to a huge bill by the end of the year that wouldn’t make much sense. The compatibility issues and data quality problems that businesses would face would be too great a cost. This was especially true for small businesses.
Now though, with the advent of the cloud-based ERP for small businesses, that burden has started decreasing. One of those cloud based ERPs is ERP Business Notes. The chances of achieving increased ROI via cloud-based ERP are now much greater than before. With a team of experts managing your software, hardware, and maintenance offsite, you can spend more time on other aspects of your business. The offsite provider will also offer security backups, as well as data recovery for your ERP system, thereby ensuring increased protection for your business.
Here are some of the advantages that cloud-based ERPs can provide to businesses.

5 Advantages of Cloud-Based ERPs for Businesses

Low Infrastructure Costs
As mentioned above, low infrastructure costs are a basic feature of cloud-based ERPs. They can minimize the total expenses a company accrues during the year. It also means a successful, almost total, shift to Operational Expenses from Capital Expenses.
Easy Accessibility
Running a successful business entails having strict control over crucial data and information. With an ERP, you can assign different levels of access to your employees and executives. It’s equally important for you to protect your activity from spammers and hackers.
Hence, cloud-based ERP incorporates user management features that don’t allow access, except to those with proper credentials. Also, certain users can access data from their mobile devices, making remote work easier.
Low Complexity
Cloud-based ERPs offer low levels of complexity. Hence, users find it easy to utilize different applications, integrate data, and efficiently implement software.
Enhanced Productivity
With a cloud-based ERP, there is a noticeable uptick in productivity. The sales and marketing teams in your business will work much better as they’re able to serve clients more easily. ERPs allow for sales calls to be recorded, reminders for different tasks to be set, etc. Hence, sales teams and marketing teams can perform their daily duties more efficiently.
Due to the cloud-based nature of the ERP, changes to the systems and inventories can be made remotely. Your staff don’t have to wait to get to the office to make a change. Also, moving offices from spreadsheets and accounting packages to a closed, all-in-one ERP solution saves a lot of time and money. This includes the time taken to request a quote or to improve the accuracy of billing.
Multi-Channel Integration
ERPs like ERP Business Notes, also provide for integration with spreadsheet software like QuickBooks and Xero. That way, all the existing data on those platforms can be seamlessly synced across systems for any organization.
Using all these impressive features of cloud-based ERPs, it’s natural for a company to improve its efficiency. With cost-cutting involved as well, this improves the overall ROI.