Brief history: ERP in the cloud has been referred to by many names, including application service provider (ASP) accounting solution, accounting software on demand, software-as-a-service accounting (SaaS Accounting), and recently from Microsoft Dynamics GP, hosted accounting. Although there may be some minor variations among these terms, the underlying principle is largely the same: under a cloud ERP delivery model, applications are housed in a remote location and delivered directly to end users as a service via the Internet.
Is this a good fit for my business? A small or medium business: A company that needs flexibility, low costs and better ways to analyze and deploy information through IT resources so they can stay competitive. That’s what it’s all about right—less capital, more gain.
How did SMB Suite address this issue? By launching Dynamics GP in the cloud! In fact, there’s nothing better than the robust environment of an ERP system developed for the Small to Medium Business Market to embrace opportunities that today’s business environment brings. Dynamics GP in the cloud shifts much of the burden of onsite systems into a solution that provides benefits.
Here are some fun facts as to why shifting from internal staff management to the cloud is a game changer:
- NO up-front Capital investment. True, Monthly Subscription OPEX and lower total cost of ownership (TCO) for you, the customer.
- Rapid deployment of the application. We are talking about shaving months off of on-premise implementation. Yeah, you read it right, months.
- Software upgrades, maintenance, and innovations? As the provider of the Dynamics GP Cloud, it’s already included in the subscription price so you’ll get them without the hassle and additional cost seen from traditional providers.
- Re-purposed budgets—you won’t be spending all your capital upfront on your ERP solution so you can re-purpose that investment into revenue generating assets. The ability to redeploy IT support tasks to more value-creating business initiatives.