Numerous organizations across the world are moving to Cloud ERP. Get ready for the transformation
There has been no dearth of headlines focusing on cloud-based enterprise solutions, including Cloud ERP. As more and more organizations across the world are shifting their ERP systems to the cloud, it is a well-established fact that the ERP of the future is in the cloud. Major players in the industry like SAP S/4HANA Cloud, Oracle ERP Cloud, and Microsoft Dynamic 365 Cloud ERP are offering cutting-edge, customized solutions to cater to the needs of large enterprises, SMEs, and startups. Saying that cloud ERP will be the most preferred solution by businesses for creating lasting competitive advantage is not superfluous anymore.
However, Cloud ERP implementation is a strategic decision and requires a detailed assessment of business needs, capabilities, and goals before committing to a cloud solution.
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Why will cloud ERP Solutions be in Demand?
A report reveals that global Cloud ERP market size is expected to reach USD 37.7 billion by 2024. The figures are impressive and indicate the undeniable potential of cloud ERP in boosting business performances. Let’s consider the advantages of a cloud-based ERP that will inspire businesses to upgrade their legacy systems and take them on the cloud.
Aligning Cloud ERP Solutions to Business Goals
Before opting for a cloud ERP, it is crucial to align your business goals by assessing requirements and objectives of moving to the cloud. For getting Cloud ERP ready, check if:
If you see deficiencies at any level and there is a scope for improvement, it is the right time to replace your current ERP systems with Cloud ERP.
What key factors should you consider before switching to Cloud ERP?
Moving to the cloud is a significant decision and calls for substantial restructuring at all levels. You should consider the following pointers before proceeding to ensure a seamless transition:
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Such an assessment will make your journey to the cloud smoother and faster. Katalyst Technologies has extensive experience in end-to-end ERP solutions implementation in the cloud. As a value-added reseller for SAP, Oracle, and NetSuite, and having integrated Celero WMS on ecommerce cloud platforms, our experts can help you choose the right ERP solution for your business.
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