Meet Cloud ERP in the age of Covid-19
The COVID-19 pandemic had a profound impact on Enterprise Resource Planning (ERP), as it has on other aspects of life. Companies have been forced to discover basic solutions on the demand and supply cycle. Hence, their quest for more versatile ERP solutions has been accelerated.
If you are one of the companies searching for ERP solutions, continue reading!
What did the ERP system change in the Covid-19 lockdown period?
Companies that switched to Enterprise Resource Planning found adjusting their business processes to the changing environment easier. ERP systems decrease costs by automating various operations. ERP software also aims to provide administrators with faster access to information. In this manner, executives and responsible can make the best decisions possible.
Cloud ERP software such as Oracle NetSuite offers ease of remote maintenance. During this period, cloud ERP solutions have risen to the front for organizations working remotely.
Cloud ERP does not need third-party set-up or maintenance
ERP firms either subcontract server space or require you to rent server space from one of their recommended vendors. You will be renting rather than buying server space. Hence, the hosting company will offer upgrades to newer servers as needed.
On the other hand, there is no need for server space with Cloud ERP. All you need is high-speed internet in order to use the system on any internet-enabled device.
Cloud ERP software offers flexibility for SMEs and manufacturers
Cloud ERP is a critical tool for firms who want to work from anywhere. Manufacturers who supply laptops, a collaboration software tool for talking, and a cloud ERP, can operate anywhere.
When COVID arrived, companies with a Cloud ERP system were able to offer remote working easily. Those without a cloud ERP adjusted their shifts, but it wasn’t easy. As a result, they cut back on working hours or risk violating safety regulations.
Companies in a post-pandemic era should simplify home & office relations. Or they should consider switching to online systems such as Oracle NetSuite for ERP and CRM and Accounting software. Because you can integrate additional SaaS into the same ERP system.
Scale-up and down according to your need.
The companies who had rapid access to ERP could downsize on-site personnel at their locations. But they retained full employment. They performed their inventory and supply chain duties remotely without risking anyone’s life.
And since different ERP SaaS services have different subscription plans, you can expect a Cloud ERP such as Oracle Net Suite to be flexible. For instance, they allow for more or fewer users based on your needs. Everyone who requires access to your company’s data can have it. If you need to scale back, you may lower the number of licenses and thus the monthly cost.
Get ready for Covid-19 disruptions and any unexpected events.
The future is more technologically oriented than ever before for manufacturing.
Employers should plan how to enable everyone with remote access. And it does not end with a remote workforce; you need a system in place that runs no matter what.
The company must be able to withstand drastic changes, such as key individuals becoming unavailable unexpectedly. Or situations like laying off groups of employees as we experienced in Covid-19, unfortunately.
What to do next?
The global pandemic of COVID-19 has introduced further change and uncertainty. Also, we have faced a sense of urgency to address the situation. If you’re using a traditional solution, you’ve got an issue. Thankfully, today’s scalable, cloud-based Enterprise Resource Planning (ERP) systems can provide flexibility and adaptability.
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Contact us for ERP solutions and more information on the Oracle NetSuite ERP application.