5 great tips For Moving To The Cloud With MYOB Acumatica ERP Software
Taking full advantage of the latest technologies to handle sales, inventory, procurement, client relations and other business operations has become a vital differentiating factor for small and medium businesses. According to analysis conducted by Gartner “more than 85% of organizations will embrace a cloud-first principle by 2025 and will not be able to fully execute on their digital strategies without the use of cloud-native architectures and technologies”.
This move to take advantage of cloud technology has only accelerated as businesses respond to the challenges created by the Covid-19 pandemic.
Many companies have also experienced supply chain constrains and technology shortages. This has meant the traditional computer software and hardware on-premise solutions that businesses have previously leveraged to stay ahead of the competition have become significantly more expensive or increasingly difficult to source or maintain.
Therefore, cloud solutions such as MYOB Acumatica have become the most viable technology for most of these companies.
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.
Why MYOB Acumatica Is The Best Cloud ERP Solution
MYOB Acumatica offers the software integration capability that small and medium business enterprises require in a cloud-native ERP. MYOB Acumatica can help to streamline business operations and automate processes to boost productivity, efficiency and drive growth. Working with an experienced MYOB Acumatica partner can help make the transition to cloud ERP easier and seamless.
As an MYOB Acumatica official partner, Acclaim can help your business implement Cloud ERP solutions in a cost-effective and timely manner. It’s important to understand that utilising the right software is only part of the solution. Acclaims ERP consultants provide you with expert knowledge and support. We will work with you and your team during the whole process to ensure that you get exactly what you need and provide after-implementation support and assistance to ensure you continue to enjoy the benefits of your cloud ERP system.
Evolve your business to the next level. With the business world facing so many uncertainties, now is the time to take advantage of new technologies, simplify and protect your processes. Upgrade your system to MYOB Acumatica now and get ahead of the competition.
Acclaim Group
Contact Details
Unit 4, 6-8 Omega Street
Albany, Auckland
Phone: +64 9 415 0984
Email: sales@acclaimgroup.co.nz