What Type of ERP Solution Is Best for Your Business

Deciding how to deploy an ERP solution is not always easy. Many businesses want to consider cloud solutions, but that may not be the best choice for all. You may find that an on-premises solution is more cost-effective. A hosted ERP solution is probably your best bet. After all, everything has strengths and weaknesses. But it ultimately depends on what the company wants to achieve.

When it comes to choosing the right ERP solution for your business, there are several factors to consider. Here are some things to keep in mind:

1. Industry and business size: Different industries have different needs and requirements when it comes to ERP systems. For example, a manufacturing company may require an ERP solution with strong supply chain management capabilities, while a retail company may need an ERP solution with strong inventory management and point-of-sale capabilities. Additionally, the size of your business will also impact the type of ERP solution you need. Small businesses may not need as many features as large enterprises, and may be better served by a simpler, more cost-effective solution.

2. Scalability: As your business grows, your ERP system should be able to grow with you. Look for a solution that is scalable and can easily be customized to meet your changing business needs.

3. Integration: Your ERP solution should be able to seamlessly integrate with your existing systems and processes, without requiring major overhauls or disruptions. This will help to ensure a smooth transition and minimize disruptions to your business.

4. Ease of use: A user-friendly ERP system is important for ensuring that your employees are able to efficiently and effectively use the system. Look for a solution with a simple and intuitive interface that is easy to navigate.

5. Support: Choose an ERP vendor that offers reliable and comprehensive support, including training, troubleshooting, and ongoing updates.

Ultimately, the best ERP solution for your business will depend on your specific needs and requirements. It’s important to carefully evaluate your business goals and needs, and choose a solution that meets those needs and can support your business as it grows and evolves.

Pros and Cons of Cloud ERP

Moving to the cloud offers a wide range of capabilities and a lot of flexibility. For many small businesses, cloud ERP solutions solve the problem of limited IT staff and the need to invest in hardware to build their infrastructure. No upgrades or maintenance fees to worry about. You only pay an annual or monthly subscription to keep your software up-to-date. Upgrades and installations are automatic.

But a complete cloud ERP solution isn’t for every business. There are several reasons why companies may not want to adopt this method. First, you don’t have complete control over software updates and changes. Like it or not, companies are often forced to upgrade. This often means having to deal with installation issues that arise. Additionally, organizations using cloud solutions typically have less control over their security policies. You pay only for access to the system and typically work on multi-year contracts.

Hosted ERP Solution

A hosted ERP solution is set up on a server in your data center that you access through a remote desktop connection. In this scenario, the company avoids having an in-house IT staff. Essentially, businesses can pay to manage their data centers. 

Hybrid ERP Solution

Hybrid ERP options use elements of both cloud ERP and on-premise ERP to create the right combination for your business. It’s not just where the servers are physically located. The flexibility offered by hybrid solutions focuses on providing extended access to users while maintaining some on-premises infrastructure. 

For example, you can maintain your server and pay for hosting to allow ERP access from a web browser on any device or subscribe to a mobile app that works outside of your ERP in another state. This hybrid approach applies to both on-premises servers at your facility and off-site servers hosted in your data center.

Tecomsa offers our customers the flexibility to customize the solution as needed. When it comes to ERP, there is no one-size-fits-all solution. Flexible for different types of solutions.

To better know what to look for while choosing ERP, read this article entitled What to Look for While Choosing ERP.

Written by: Venus Marwani