Due to the COVID-19 pandemic, businesses have been forced to be innovative to meet the new challenges of seamless supply chains, management, and customer support while working remotely. Outdated technology and databases have made it impossible for companies to continue to operate smoothly considering the geographical boundaries the teams have had to function across. Considering this turn of events, it is understandable how cloud ERP solutions have played a significant role in keeping the business aligned while allowing the workforce to share files, reports, and information with other teams. ERP solutions such as NetSuite have assisted greatly in improving remote customer support strategies.
Read more to learn about the benefits of using cloud ERP solutions and how they contribute towards a successful business.
Why Use Cloud ERP Solution?
The impact of Cloud Enterprise Resource Planning (ERP) technology is undeniable. The advanced machine learning algorithms and artificial intelligence facilitate decision-making and enhance customer support. From automation to data protection, Cloud ERP solution is a one-for-all and all-for-one software solution that offers flexibility and data integration. For a business to be survive in the current climate, it is necessary for it to be adaptable so it may find a way to prosper despite the situation. One sure way to achieve this is to deploy state-of-the-art cloud ERP solutions.
Collaboration
A cloud-based ERP solution such as NetSuite is housed on a secure and remote network of servers, offering complete ownership, administrative rights, and access to the companies. All data regarding the operations of the company is stored on and accessible from a single cloud server. This allows all employees to be able to access the same data while working remotely, without the additional hassle of constantly updating and transferring files back and forth. It gathers data of all the teams, including inventory, sales, production, order details, and customer information. Moreover, the relevant teams can fetch the data whenever required. Access to real-time data in NetSuite ERP eliminates the use of distributed spreadsheets.
Different teams share the data online while working on the same projects and keep everyone updated about the project progress. This way, the businesses can reduce both the cost and delays and improve the overall efficiency.
For instance, NetSuite enables organizations to update different team accounts. Once the accounts are updated, all the relevant departments, such as accounting, sales, and warehouse, are aware, and the business runs smoothly. In other words, the data is unified on the cloud to assist the higher management in making timely decisions.
Mobility and Accessibility
Cloud ERP Solutions like NetSuite makes the data accessible to all the on-site, off-site, and travelling employees. This way, the employees can view reports, analyze and validate data on desktops, tablets, laptops, and smartphones.
The cloud ERP solutions ensure the accessibility of the information by different teams, irrespective of their location. It’s essentially a unified platform that stores all the business-related information. NetSuite by Oracle is undoubtedly an advanced cloud ERP solution that offers a transparent picture of the business performance while enabling the stakeholders to make real-time decisions for business growth. In addition, it aligns all the business applications and consolidates all the data from the different departments on the cloud.
