Selection Of Cloud Based ERP: Key Considerations

Software as a Service (SaaS) has opened up a new game-changing/disruptive software delivery model. It has several known advantages such as reduced Cost, increased flexibility and ease of doing business due to the aggressive marketing by SaaS vendors. All of which are difficult to ignore in the pursuit of cost reduction, and agile environment goals. Although this game-changing model eliminates several barriers as well as builds several bridges, one should keep in mind some Key considerations while selecting Cloud based Systems.

Key Considerations for anyone deciding about Cloud based systems includes the following:

1. Core Strength Mapping

It is worth considering that not all the cloud based systems are equally strong across all the areas and may not be the right fit for your organization. Early identification and comparative fit measurement of offered business functions such as back office functions (Finance, Procurement – Direct & Indirect, Human Resources etc.), Supply Chain Management & Manufacturing Operations offers a good indicator. It is very important to ascertain the actual need of the business and strengths of the SaaS provider. Mapping of real business need and comparative strength of the cloud-based system with a weighting system helps in overall evaluation and selection.

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