Cloud ERP is the most cutting-edge ERP technology because it can give the same experience as on-premise ERP without the need for a physical location. Employees and other relevant parties, such as supply chain partners, can quickly access an organization’s ERP software and related data, which are maintained centrally via the cloud (the internet).
With an internet connection anywhere in the world, you can monitor and update all other crucial business activities, including financials, inventory, warehouse, and eCommerce, in real-time. An ideal cloud ERP providers manage the rollout of product updates, host and maintain all IT infrastructure, and guarantee data security and system availability. All of this is accomplished by NetSuite, which also ensures that changes remain compatible with existing customizations, connectors, and plugins.
Cloud ERPs like NetSuite also outperform on-premise ERP competitors in terms of speed, availability, and total cost of ownership. Let’s discover more.
On-Premise ERP Technology: A Stale and Ineffective Approach
Prior to the development of cloud technology and the viability of cloud ERP, on-premise ERP solutions were the gold standard for many industries.
On-Premise ERP defined
ERP software is implemented on-site in a business’s physical hardware and servers at particular locations. The ERP is then directly handled by that company’s IT team, and only people who are physically present on the premises where the hardware and servers are housed are able to access them.
Upgrade Obstacles
Upgrades are entirely manual and frequently call for redistributing the system among other machines. Reimplementing the integrations and modifications made to the current system is also a common technique. In addition to being expensive and time-consuming, manual update activities run the risk of human error.
Silos are created, and visibility is restricted by single-tenant architecture.
This is a single-tenant solution, which means that the infrastructure and software are only used once to support a single client. Although an independent database and closed system may seem ideal, they can lead to many negative effects, including version lock, data silos, poor communication, security flaws, and more.
With an on-premise ERP solution, end-to-end visibility with real-time data across a complete corporation is essentially impossible. Since closed systems frequently have compatibility problems, developing middleware or performing manual data import/export operations is necessary to get around these obstacles. In turn, middleware and manual processes can lead to redundancy, input errors, code breakdowns as a result of poor middleware management, and other problems.
Absence of Remote Access
Teams must be physically present onsite at the ERP to make use of the technology, which can have an influence on overall company growth and workforce sourcing efforts. This location requirement might restrict a company’s ability to grow and make it less responsive to various situations where personnel cannot be on-site.
Physical upkeep and storing
Customers using on-premise ERP systems are required to set aside funds and resources for the upkeep and storage of the hardware. In order to accomplish this, it is necessary to upgrade and maintain servers, organize cables (and possibly deal with server spaghetti), hardwired onsite systems, rent dedicated server space, and perform other tasks.
Hosted ERP or Hybrid ERP Solutions
Some ERP companies provide the hybrid or hosted cloud solutions, which fuse cloud computing with an on-premise ERP. Additionally, because these are single-tenant solutions that rely significantly on IT resources, version locking and data synchronization issues may happen during routine maintenance or upgrades. NetSuite’s ERP, in contrast, was created on the cloud, making it a real cloud ERP solution.
|
Business Challenges |
Cloud ERP Solution |
On-Premise ERP Solution |
| Cost of storage and hardware |
None |
Data centers and servers are required in a physical location. |
| Expensive upgrades and IT maintenance |
No |
Requires in-house or on-site technicians. |
| Upgrades that include integrations and customization seamlessly |
Yes |
The process can encounter human errors, and additional customizations are done from scratch. |
| Always accessible with an internet connection anywhere |
Yes |
Cannot be accessed remotely. |
| Fast and affordable implementation |
Yes |
The process is slower and costlier due to onsite requirements. |
| Built-in tools for customizations and upgrades |
Yes |
Requires middleware and separate tools for configurations. |
Why choose True Cloud ERP from NetSuite?
More than 32,000 customers in more than 217 countries and territories rely on NetSuite as their genuine cloud ERP. It has a multi-tenant design and only has one instance of the software, ensuring that every NetSuite customer is using the most recent version. Here are just a few of the many advantages of using NetSuite’s genuine cloud ERP.
Smooth Upgrades
Because all NetSuite customers use the same infrastructure and everything is hosted in the cloud, upgrades with NetSuite are simplified and smooth. NetSuite is solely responsible for managing the twice-yearly upgrades, and each upgrade is accessible to clients in a pre-release form. Before their systems are upgraded, clients can become familiar with changes.
The fact that no NetSuite updates or improvements damage current customizations or integrations is arguably the most significant. Without the requirement for middleware or additional IT maintenance, everything is carried over to the most recent release.
Accessibility anywhere and no upkeep or storage fees
NetSuite gives users mobile access via web browsers and other internet-connected devices because it is a cloud-based platform. Opposed to on-premise ERP users, NetSuite may be accessed from anywhere in the globe with an internet connection, enabling businesses to utilize remote workforces and supporting higher adaptability.
Additionally, because NetSuite manages everything in the cloud and guarantees 99.99% uptime for its clients, no hardware or IT upkeep is necessary.
Real-Time System Visibility
NetSuite gives you complete control and unmatched visibility over your whole business. Through the use of real-time configurable dashboards, simple, straightforward reporting tools, and robust analysis capabilities, customers can swiftly switch between micro and macro views. Instantly delve into specific transactions or quickly see how well your entire supply chain is performing.
Exceptional Scalability
Customers can immediately use the required modules using NetSuite’s modular design because it is a fully integrated solution. Through a single system, it integrates ERP/financials, CRM, eCommerce, inventories, and more. Additionally, NetSuite provides the best pre-configured bundles in the market and customized dashboards with a wide range of viewing possibilities.
Knowing that NetSuite has an existing solution or can rapidly integrate with one that will help your business succeed, you can scale up or down as necessary. (Check out how SAP Business One or Acumatica stack up against NetSuite).
Conclusion
Taking Your Business to the next step can only come to reality if you have the right expertise to deliver outstanding solutions. At Seibert Consulting Group, we specialize in delivering modern solutions to businesses that aim at taking full advantage of the eCommerce platform. We always customize our solutions to align with Your Business’ requirements and goals. Let’s start talking about your project and find out how we can help Your Business grow. Get in touch with us via our chatbot or email hello@seibertconsulting.com and via our direct line at 760-205-5440.
