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Better Data to Make Better Business Decisions

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Quicker access to business changes

Stay on Top of Regulations: Most ERP systems are equipped to ease regulatory compliance required for business processes such as financial accounting, data security and product traceability.

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When does a Company need an ERP system?

But as the company continues to grow, managing all that information across platforms becomes costly, time-consuming and prone to mismanagement.

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Migrating changes and streamline integration

Store and track data from across the organization—including third-party integrations—to consolidate and streamline business functions.

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Creating prototypes and evaluating ERP products

To satisfactorily evaluate your software system options, getting hands-on experience with the product demo.

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Structured Consulting Group

Premier ERP Consultants

Cloud ERPs

Available service: Cloud cost management is referred to as cloud cost optimization and is critical for the organizational planning to allow the enterprise to make informed decisions on how to proceed and manage the costs. Security is often the top concern for prospective ERP buyers. Small wonder, considering the critical information stored in an ERP system—including company financials, corporate trade secrets, employee information, client lists and more. But while buyers once were wary about the security of cloud-based software, many are becoming less skeptical today (evidenced by the adoption rates above). Reputable cloud vendors have strict standards in place to keep data safe. To further ease concerns, prospective buyers can seek a third-party security audit of a vendor they’re considering. This can be especially useful if the vendor is less well-known. Most cloud systems enable easy mobile accessibility, and many even offer native mobile apps. But this ease of access also comes with greater security considerations, especially if employees are accessing company files on their personal mobile devices. Similarly, more accessibility means less customization—and cloud ERPs offer less flexibility for businesses that seek to tailor their system to their hearts’ content. But organizations with less specialized needs, such as general consulting firms, can get by just fine with a cloud system’s out-of-the-box capabilities.

On-Premise ERPs

Available services: PeopleTools Upgrades, PeopleSoft Upgrades, PeopleSoft Developers, PeopleSoft Administrators, PeopleTools patching on a remote access basis. You’ll typically find many of the same features in an on-premise ERP system. Interface options to Kronos data collection systems are available. The list of interfaces are for badge and biometric terminals, telephone access, and handheld devices.The interfaces allow us to capture the information to input time data in an ERP solution. However, there are a few notable differences in the two deployment strategies. In general, on-premise systems are much easier to modify. The ability to customize to their specific needs and requirements is paramount for many organizations, especially in niche industries, such as specialized manufacturers with unique processes. On-premise ERPs put more control in the hands of the organization, up to and including the security of its data. It’s therefore essential that a business be capable of safeguarding an ERP’s most sensitive information—a frequent target of cybercriminals. Mobile accessibility can pose an issue for on-premise deployments. These often require a third-party client to communicate between a mobile device and the on-premise software. It’s definitely not an insurmountable problem, but it can be a pain point. On-premise ERPs are therefore best suited for larger enterprise businesses with higher budgets; a desire to customize system operations; and the existing infrastructure to host, maintain and protect its ERP data.

ERP Benefits

Use Business Data to Improve and Strengthen Security: Modern ERP systems offer advanced user-permission settings. No more unsecured Excel sheets and Google documents for your financial or inventory needs. ERP software is more secure and robust for these functions. And setting user permissions can prevent sensitive data from ending up in the wrong hands. Users will be able to access only what they need to from the system. However, in the rare event vendors discover a security exploit in their software, they can typically patch it quickly. Vendors are also able to quickly share the update with all users automatically. Make Use of the Community Knowledge and Support: Hundreds of thousands of businesses use ERP software and have employees who are actively involved with their platform’s online knowledge community. If you experience an issue or problem, chances are someone else has experienced it, too. All you need to do is run a simple search on your platform’s knowledge base for resolutions of less serious problems. These forums are pretty active, and you usually get answers from other users as well. Apply Better Data to Make Better Business Decisions: Using disparate, poorly integrated business software systems can lead to messy, non-standardized data. This increases the chances of year-over-year comparisons being inaccurate, making the process more difficult and time consuming. This becomes a serious detriment to accurate forecasting. A modern ERP system comes integrated with all the necessary applications. Meaning, your data is standardized and the tools to see year-over-year comparisons and forecasts are built in. These are often presented in an easy-to-read dashboard format.

Cloud-based ERP systems

When selecting a new enterprise resource planning (ERP) system, one of the most critical factors in your decision will be whether you choose to deploy it on-premise or in the cloud.

Cloud-based ERP systems are more common than ever before. Today, nearly every ERP vendor offers some form of cloud deployment option, and some have ditched their on-premise offerings altogether.

But there are still several reasons why a small or midsize business might choose a traditional on-premise system, which, until recently, was the norm in the ERP space. Which one is right for your organization? Well, only you can make that decision, but this rundown on the pros and cons of each should make it easier.

By knowing the advantages and disadvantages of each type of ERP system, business owners can determine the best fit for their SMB, allowing for a more informed allocation of resources and a more efficient ERP workflow.
Deployment and Pricing of Cloud ERP vs. On-Premise ERP

The biggest difference between these two systems is how they are deployed.

Cloud-based software is hosted on the vendor’s servers and accessed through a web browser.

On-premise software is installed locally, on a company’s own computers and servers.

Some vendors also offer “hybrid” deployments, in which cloud software is hosted on an organization’s private servers (more on this later).

Another key difference between cloud and on-premise solutions is how they are priced:

While there are many exceptions to this rule, in general, cloud software is priced under a monthly or annual subscription, with additional recurring fees for support, training and updates.

On-premise software is generally priced under a one-time perpetual license fee (usually based on the size of the organization or the number of concurrent users). There are recurring fees for support, training and updates.

Thus, on-premise systems are generally considered a capital expenditure (one large investment upfront). Cloud-based systems, on the other hand, are typically considered an operating expenditure (an additional overhead cost the organization will continue to pay).