Cloud revolution

Cloud Revolution: 10 advantages for business management

Wednesday, July 30, 2014

On cloud-based ERP systems the implementation period is significantly reduced, monthly usage costs being affordable to any organization

Cloud services are designed to provide easy access to applications, resources and services, fully managed by a cloud service provider and delivered directly on the internet. The major advantage is the fact that hardware infrastructure investment or the purchase of new software licenses are unnecessary. In addition, it significantly reduces the solution’s implementation period, monthly usage costs are easy to calculate and to a level affordable to any organization. 

Armed with a powerful IT solution, managers make betterbusiness decisions more quickly and using a real dashboard, customized with real-time updates. ERP solutions create a single database that allows the optimization of information flow within the organization and liaising with external beneficiaries. This increases the company's efficiency, reducing operational costs and thus improving the company's profitability.

ERP solutions can be used locally ("on premises") or in the cloud (SaaS - Software as a Service). The main difference between the two categories is that the solutions "on-premises" are installed locally on company’s hard drive and servers and are internally managed while cloud solutions are offered as a service and managed by solutions provider. With ERP in the cloud, enterprise data are managed centrally ("cloud") and are accessed by users using a web browser.

ERP solution developed by SIVECO Romania, SIVECO Applications 2020 Project: Cloud, is perfectly tailored to companies of all sizes to manage their business.

Key Benefits of cloud-based ERP solutions:

  1. Cost reduction - by eliminating upfront expenses with IT equipment and software licenses. Using an ERP system introduces fundamental innovations in resource management, eliminates delays and thus reduce costs.
  2. Provides quick access to critical data - through reporting cases available at any time and in any geographic location using cloud technology. Much of the inefficiency in operational activities come from poor reporting. With such a system, this probability is reduced by using templates that contain accurate and relevant information for each department.
  3. Are scalable – for allowing the addition of new functionalities for the business, which provides easy management of new processes, departments and more. Most ERP systems cover all areas of activity, regardless of the type of organization, being adjustable to the specific business requirements of any client.
  4. Improve employee productivity - through reducing the volume of document processing manual operations and data processing and, also, by modeling business processes and specific documents flows.
  5. Increase the efficiency of managers in decision-making - by improving the consistency, coherence, relevance and accuracy of primary data entered in the system. The managers make better and faster business decision, using personalized dashboard with real-time updates. Basically, an ERP system improves data quality by improving processes underlying the conduct of business.
  6. Eliminate unauthorized access to information - by differentiated allocation of access rights for each user, depending on their role within the organization.
  7. Standardize labor mode - by creating a data unit operation environment. At the same time, the organization has a better control of activities, the system being developed and updated in accordance with the law.
  8. Improve customer relations - as a result of improvements in business processes.
  9. Reduce the complexity of business - by introducing a system perfectly designed for workflows that makes the whole chain of human resources to be more efficient.
  10. Increase the speed of system response - by archiving historical data that can be accessed at any time.

"The implementation of an effective ERP system for business management is essential to any organization in the context of the business environment transformation. We have over 20 years experience in developing and implementing this type of system, so I can say that SIVECO Applications system is perfectly adapted to cloud to be accessible to users within organizations of any size, in a secure manner, from anywhere andanytime through mobile devices", said Stefăniţă Ghiţă, Deputy, SIVECO Applications, SIVECO Romania.  

The components of SIVECO Applications 2020 Project:Cloud solution are integrated and can run with other applications already implemented in the work environment to accelerate users’activity and the decision-making process by simplifying working procedures.