What is ERP Cloud Computing Software?

ERP Cloud Computing

Software as a Service

The model of SaaS software as a service allows users to access the cloud and use software applications that run on cloud computing resources such as processing power, disk storage, and memory, on the Internet, and these resources are kept in the data centers of the cloud service provider.

ERP Cloud Computing

It is an example of the software-as-a-service cloud model, as it is a program that enables users to access the ERP program via the Internet, and it has many advantages, the most important of which is low initial costs because cloud resources are leased with a monthly subscription plan and there is no need to purchase, maintain and operate them in the workplace.
ERP Cloud Computing allows companies to access important business applications anytime and anywhere via the Internet.
The lower costs of software and applications important to business management allow companies to focus on the productivity of their business and accelerate the growth of their business, which raises its value.

The Benefits of ERP Cloud Computing

• Reducing costs in several ways:

1. Avoiding the initial costs of establishing the infrastructure and technical support services because they are provided by the cloud service provider
2. Monthly subscription plans, no need to pay in advance for some app and software licenses
3. There is no need for maintenance and updates, as the service provider is the one who cares about that

• There is no need to install hardware and software on company servers as it can be accessed via a web browser
• Expanding and reducing cloud computing resources according to the company’s needs and the growth of its business
• A disaster recovery plan with backup protects data from loss
• Increase the security and protection of data because it is located on cloud servers and not in the local server that may be easily hacked
• Ease of access to the ERP system from anywhere, you only need an Internet to access

Components of Cloud ERP Software

It provides a set of basic financial and accounting functions according to the company’s requirements and business needs, and ERP Cloud Computing includes the following:

• Human capital management (HCM) and/or Human resource management software (HRMS)
• Financials and accounting
• Customer relationship management (CRM)
• Material requirements planning (MRP)
• Supply chain management
• Project management
• Inventory management
• Order management
• Procurement

Types of Cloud ERP Software

There are several types of them:

• Multi-tenant SaaS: One version of the program that serves many organizations, with no possibility for one of them to access the data of the other.
• Single-tenant SaaS: A single version of the program that serves a single organization
• Public cloud: owned by a cloud service provider and serves many organizations, and one of them cannot access another’s data
• Private cloud: a special program for one organization that is not shared with any other party
• Hybrid ERP: combines the release of the software in the public cloud and the private cloud