5 Things You Need to Consider Before Moving to a Cloud-Based ERP Solution

In our modern digital world, it can seem like every person and every business is shifting their daily activities to the Cloud. The functionality and reliability of Cloud-based software and apps have been plain to see over the past few years. By moving certain processes to the Cloud, organisations have been able to make their business operations more efficient, secure, sustainable, and effective.

Sage300 (Accpac) is another powerful solution that is evolving and upgrading its utility by shifting their world-class ERP solution online. Cloud-based platforms allow for your software and data to be accessible at any time and from anywhere. Sage300cloud offers businesses and accountants the opportunity to remove the limitations of physical files, manual transfers, and central hard drives.

Cloud-based ERP solutions can be integrated into a larger digital ecosystem that can interface with a variety of other useful digital tools, creating robust online financial management processes. In this article, we’ll outline some of the features and benefits that come with choosing Sage300cloud and what’s important to know before moving your company’s ERP solution to the Cloud.

The Benefits of Cloud-Based ERP Solutions

Cloud-based accounting systems and ERP solutions are more cost-effective, efficient, and simple to use than traditional accounting systems. Organisations can monitor, analyse, interpret, and share financial data more easily by allowing accountants to manage their client’s or business’s finances and share important details online. Any relevant actors, who are involved with a particular business operation or financial process, can access, and monitor all important data simultaneously.

There are undeniable benefits that come with hosting your Sage300 ERP solution in the Cloud. The Cloud gives organisations the chance to access real-time data, reports, and analyses through a variety of digital devices. From PC and laptops to smartphones and tablets, accounting departments, managers, executives, and clients can utilise Sage300cloud at any time and from any location with internet connectivity and a mobile device.

You can avoid the need for unnecessary and cumbersome in-house servers or IT hubs. By creating a new central hub in the Cloud, businesses can still access all of the incredible features and functionalities of Sage300 (Accpac) when deployed onsite. This will help businesses reduce their operational costs, security risks and time spent backing up or transferring huge amounts of financial data.

5 Things You Must Know Before Moving Your ERP Solutions to the Cloud

Moving an ERP solution to the Cloud can come with some growing pains if you’re not fully informed about what it’ll entail. The digital infrastructure that your company’s building will be a fundamental transformation. If you’re choosing the right software, platform or digital infrastructure, your company can start benefitting from Cloud-based ERP solutions immediately.

Sage300cloud can, for example, help run your business, provide you with actionable insights, secure your data, manage your clients, and enable company-wide, sustainable growth. Here’s what you need to consider before moving Sage300 (Accpac) or other Cloud-based ERP services to the cloud:

Know your as-a-Service types

Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) or Infrastructure-as-a-Service (IaaS) are the three most prominent Cloud service types that are offered on the market today. A Cloud-based service can come in the form of software, a digital platform or a fully digital infrastructure to start building your perfect Cloud-based ERP solution.

Understand your service level and business needs

It’s important to understand how much money, time or service quality’s being lost while your financial data remains inaccessible in an on-premises hub. DO Cloud-based ERP solutions meet your company’s needs? How much will your business and consumers benefit from making the switch to Sage300cloud and other Cloud-based ERP services?

Consider your deployment options

As with most digital solutions for businesses, there are multiple deployment options for your Cloud-based ERP solution. You can choose between private, public, virtual or hybrid deployment options when moving Sage300 (Accpac) – and some other ERP solutions – to the Cloud.

Know your risk

You need to know if there’s any risk to your business caused by moving Sage300 (Accpac) to the Cloud. Are there any reasons you or your company shouldn’t move your ERP solutions or financial management online? Are there risks involved with the added cost, digitalisation process or online access afforded by a Cloud-based ERP solution?

Understand your costs

It’s important when pursuing a big transformation like this, that you consider the costs associated with the online shift to Cloud-based services. Owners, managers, and accountants need to know how much the move to Cloud-based ERP solutions and downtime to the business will cost to ensure their ROI. You should calculate how much time and money can be saved – and value added – by integrating the Sage300cloud into your business operations.

Choosing the Right ERP Solution

Now that you know what’s important to consider when moving ERP solutions to the Cloud, you can make an informed decision about what’s right for your company. Sage300cloud is a truly transformative ERP solution that assists companies at every level.  Support daily business operations, monitor your supply chain, manage clients, analyse financial performance and secure your data, all at the same time, with Sage300’s new Cloud-based ERP solution.

For South African companies looking to integrate Cloud-based ERP solutions into their business operations, look no further than Lorge. We offer ERP consulting services that help guide companies through the selection, implementation, training, and utilisation of their new ERP solutions.