Every business can be destined for growth.
Unfortunately, not every business plans for growth by adopting and optimizing business technologies, such as Cloud ERP.
With the growth goals driving companies to take the digital transformation plunge, business leaders are tasked with finding better ways to leverage technology.
According to the SBA, it is vital for business owners to adopt advanced technologies to increase business efficiency and expand operations.
Technologies on SBA’s recommendation list include:
- Accounting software
- Planning software
- Time tracking solutions
- Email management applications
- Mobile business technologies
The Cloud
Cloud computing enables real-time collaboration and functionality for core business processes, including cloud accounting applications designed to automate processes and enhance operational functionality.
The most common entry to optimizing the cloud for most businesses is the adoption of Software as a Service (SaaS). In fact, currently reports indicate that 80 percent of small to mid-sized businesses are leveraging the cloud, with nearly half turning to cloud hosting for their financial software.
Cloud ERP
Currently, businesses in most industries, especially manufacturing, are looking to increase business process automation with Cloud ERP software.
For applications from automating data collection and accounting to managing inventory, marketing and operations data, Cloud ERP software can be a game changer.
Cloud ERP provides cost saving, scalability and flexibility – all without the capital outlay of networking hardware.
With cloud subscriptions, businesses can easily scale services to meet growth requirements while leveraging a remote workforce.
Read Also: 4 ERP Software Drivers Powering Sustainable Manufacturing Growth
What about Microsoft Office 365?
If collaboration is important, it might be time to consider migrating to Office 365 for real-time enterprise collaboration.
With email, office web apps and the opportunity to leverage OneDrive for Business.
OneDrive for Business is available as a standalone service, or you can get it as part of an Office 365 plan that includes Office applications, business-class email, online meetings, and other services – ideal for a mobile workforce.
CompuData can help you integrate cloud technologies, optimize cloud-based ERP and migrate to Office 365! Ready to grow your business with technology? Contact us today!