There is no one-size-fits-all answer to that question. The cloud works great for some companies, and on premise continues to be a better option for others.
If you’re considering a cloud migration for your ERP system, your first step is asking yourself the Who, What, When, Where and Why. We can help. Read our white paper on “5 Questions to Ask When You’re Considering the Cloud.”
Benefits of going to the cloud
There are several benefits to moving your ERP system to the cloud. Here are just a few that are specific to Microsoft’s Software as a Service (SaaS) solution, Dynamics 365 Business Central:
Access online — With a cloud solution, you can access your system anywhere you have Internet, whether on a web browser, a tablet or your mobile phone. This allows you to work on-the-go. Plus, the system saves in real time so if you do lose Internet briefly, you can get right back where you left off with no time lost.
No hardware required — A cloud solution such as Dynamics 365 Business Central is run entirely in the cloud and requires no internal infrastructure. You save money on buying expensive hardware equipment and servers, and you can free up your IT staff for more important tasks.
Automatic updates — Cloud systems update automatically. Microsoft Dynamics 365 Business Central receives automatic updates twice a year, in March and October. There’s no extra cost, updates are fast and easy and your software is always current.
Improved user interface — With Dynamics 365 Business Central, Microsoft updated its U.I. design with several new features:
- Role-specific views increase security
- Smart notifications use real-time data
- Customizable dashboards
- Same look and feel across the rest of the Dynamics 365 suite of business products
- Integration with other Microsoft solutions
BI-embedded reports — Microsoft’s SaaS solution offers built-in Power BI dashboards that offer fast, flexible analysis of your data in real time. You can either create your own dashboards or choose from popular formats. The data analytics tool also allows you to slice and dice based on dimensions to view and analyze data in a variety of ways.
Extensions vs. customizations — With Dynamics 365 Business Central, customizations are done via extensions. This framework allows even highly customized environments to upgrade easily, leading to fewer issues and a lower cost of maintenance.
ISV companion products — If you’re an existing user of Microsoft’s on-premise ERP systems, you don’t have to worry about losing access to your existing third-party solutions. Many of the Independent Software Vendors that provide add-on solutions for Dynamics GP, SL or NAV have already configured their products to integrate with Dynamics 365 Business Central.
Monthly, per-user subscription — With Dynamics 365 Business Central, Microsoft has switched its traditional pricing model to a low, monthly subscription. This greatly reduces the upfront cost of your ERP implementation and gives you confidence in setting your budget.