5 great tips For Moving To The Cloud With MYOB Acumatica ERP Software

What Benefits Does Cloud ERP Offer Businesses?

Moving your ERP to the cloud involves selecting a solution provider that hosts the infrastructure and applications that support your companies’ operations. You can access these resources securely through the web from any location.

ERP cloud-based solutions such as MYOB Acumatica offer many benefits, including:

• Remote Access: Cloud-based resources can be accessed through the web, allowing remote access and collaboration.
• Low-Cost Investment: Businesses don’t have to purchase or maintain costly software and servers to use MYOB Acumatica. Costs for Software as a Service (SaaS) solutions are usually paid on a monthly basis, so avoiding large upfront infrastructure costs and depreciating physical assets. Businesses also benefit from economies of scale, allowing providers to maintain their cloud infrastructure. Where ERP is delivered via SaaS, opportunities arise for businesses to leverage advanced technology at significantly lower costs.
• Scalability: You can expand your cloud ERP to include new modules and functions, users and offices to suit your growing business, without incurring significant additional costs.
• Integration: The MYOB Acumatica platform provides a centralised database, and combines multiple applications, including finance and accounting, supply chain management, human resource management, Payroll and CRM systems. It supports real-time monitoring of various activities and performance, allowing managers to analyse data, gather business intelligence, and make informed decisions to improve performance and growth.

A cloud platform is also a great foundation to seamlessly integrate with other systems such as eCommerce, 3PL distribution, POS, freight applications etc. This offers excellent opportunities for automation and provides a single ‘source of truth’ across all your business operations.

Five Tips For Transitioning To a Cloud ERP

1). Understanding your Requirements

Begin by establishing your technical requirements. What areas of your business are you looking to manage? Perhaps you need to unify different inventory or warehouse systems, improve financial management and reporting, or client relationship management capability. It’s important to ensure that the ERP product you select matches the structure of your business or projected growth. For instance, if you operate multiple branches or offices. Ensure your assessment includes product capabilities for in-depth data analysis and reporting and provides solutions for your entire company.

2). Review and compare Product Documentation

An ERP consultant can assist in reviewing the cloud ERP product specification and advise on aspects such as system architecture. Confirm where the cloud ERP provider stores your business data and what security measures are in place to ensure your data is protected. It is also recommended that you review the cloud providers “uptime” statistics, disaster recovery options and business continuity safeguards to ensure they align with your business requirements.

3). Customer Support

An experienced ERP support provider can help to ensure you get the most from your investment. They will have developed strategies through many previous implementations that will address all aspects of the process – from initial scope through to data importation, training and process enhancement or automation. Leveraging this experience allows a business to supercharge their transition to the cloud and avoid may of the pitfalls associated with a major infrastructure change. It’s also critical to consider the type of customer support or assistance offered by the provider following the initial implementation. Do they have a dedicated helpdesk or ability to answer your calls for technical assistance or guidance? Do they have a strong track record of working with businesses and a commitment to continual business improvement?

4). Pricing Structure

Its important to understand the pricing structure of your cloud ERP solution. How much will you be paying per user, per month? What’s the max number of users that can use the system at any given time, and can you scale up operations where necessary?

5). Check The Fine Print

As with any contract, it is important to read the fine print before entering into an agreement with a cloud ERP provider. Understand the specific products you are signing up for, and their respective terms and conditions.