search icon

Cloud-based ERP software for real-time data access

How to find the best ERP software for your business

What is cloud-based ERP software?

Cloud-based ERP software refers to enterprise resource planning tools and applications that users can access via the internet. You can manage every area of your operations from anywhere, unlike desktop ERP.

What is on-premise ERP software?

Rather than storing data in the cloud, on-premise ERP software stores information within a company’s internal server infrastructure.

While this type of ERP system provides companies with more customisable options, they tend to be more expensive than cloud-based ERP systems. They need to be updated and serviced to stay current. It also takes longer to implement an enterprise resource plan using on-premise software than cloud-based ERP software.

Relatively new and small businesses without clear business procedures and sophisticated IT are likely to find on-premise ERP software cumbersome, complicated and expensive.

The only real advantage of on-premise ERP software is that it can be customised, which may provide greater return on investment (ROI) for larger businesses with complex needs.

Advantages of cloud ERP

The advantages of cloud ERP include:

Reduced hardware maintenance and energy costs

Support for collaborating on business-critical information in real-time

Less time spent on upgrades and backups.

Options for creating additional users, quickly and easily

Access to the latest cloud tools and technologies

Cloud-based ERP or on-premise ERP?

The size and type of a business typically dictates whether cloud-based ERP or on-premise ERP is the right choice. For example, a relatively new small business that doesn't have many well-defined business processes or sophisticated IT, can implement a cloud ERP solution quickly and easily. An older, larger business however, may need a customisable solution that takes longer to implement.

Why cloud-based ERP is becoming more popular

These days, businesses of all sizes across a spectrum of industry sectors, are using cloud software to manage almost every area of their business.

CIO, in conjunction with Sage, carried out a survey of a hundred CIOs and senior IT decision-makers to find out about their cloud usage and views on cloud-based business software.

We also engaged the best advice from the ones who have been using enterprise cloud applications for several years. We discovered that 71% of our respondents are using business-critical cloud applications with most of them praising it for its efficiencies and ROI. 90% of the respondents say they have had a return on investment from cloud implementation.

54% of the respondents who use business-critical cloud applications such as ERP, say that they invested in them less than two years ago. A significant 46% of respondents have been operating business cloud apps for more than two years and a tenth of them for more than five years, indicating a reasonably high level of maturity among organisations.

Collaborate with different teams in different locations.

Create efficient processes across teams, offices and geographical locations, using a shared database that supports the way your business works.

Know every area of your business.

Gain unparalleled insight into all areas of the business, including inventory and order management, accounting, human resources and customer relationship management (CRM). Access the cloud to bring together real-time information on the company’s inventory and finances, for faster, more informed decision-making.

Make better decisions using real-time data.

Adopt a faster, simpler, more flexible business management solution. Expect to increase productivity, save money on overheads and find more customers.

Additional ERP and business management resources.

Sage Business Cloud X3 helps you gain oversight into all aspects of your business.

Need advice for managing your business?

Read our articles, guides, expert tips and more.

CFO 3.0: How digital transformation can improve financial reporting

CFO 3.0: How digital transformation can improve financial reporting

Sage’s CFO 3.0: Digital transformation beyond financial management research revealed that nine out of 10 senior financial decision-makers in South African businesses play a vital role in their organisation’s digital transformation. Like businesses all over the world, South African companies face significant challenges. But those that are advancing digital transformation to improve their financial reporting and […]

Read More Read More
CFO 3.0: Revolutionising the finance function

CFO 3.0: Revolutionising the finance function

Business is advancing. We already saw a shift in the CFO’s responsibilities prior to the outbreak of the Coronavirus. Senior financial decision-makers were beginning to see the value of modern financial management solutions at a time when everything seemed to be changing: the nature of business, end-users, employees, customer expectations, and digital tools. And then […]

Read More Read More
Three unstoppable forces driving change in finance - Here’s what CFOs need to know.

Three unstoppable forces driving change in finance - Here’s what CFOs need to know.

South African CFOs and senior finance decision-makers recognise that the world is changing, with a perfect storm of technological and social forces changing the rules of business in this digital era. COVID-19 adds more complexity to the mix, putting companies under financial pressure and simultaneously serving as an accelerator for digital transformation. So how do […]

Read More Read More
5 practical tips for small businesses navigating COVID-19

5 practical tips for small businesses navigating COVID-19

How can small business owners and entrepreneurs thrive during COVID-19 rather than just scrape by? Vusi Thembekwayo has five key tips.

Read More Read More
"Be kind. Be empathetic. Add value wherever you can." Accountant shares his top COVID-19 advice.

"Be kind. Be empathetic. Add value wherever you can." Accountant shares his top COVID-19 advice.

Accountant and business owner TJ Ledwaba shares the advice he gives to his own clients during difficult times, including his secret to a healthy cash flow.

Read More Read More
How to: (Re)build your supply chain resilience during COVID-19

How to: (Re)build your supply chain resilience during COVID-19

Supply chains are complex business networks with the inherent risk of unexpected disruptions.  In fact, most organisations identify supply chain risk as their biggest threat. Yet most companies lack adequate plans to mitigate supply chain disruptions. COVID-19 has revealed these gaps in the global supply chain. Since China is South Africa’s biggest trading partner, the […]

Read More Read More
3 tips to make life easier for your customers – and your business

3 tips to make life easier for your customers – and your business

Suppose you went into a store. You take something from the shelf. But there’s a problem. There’s no price label. Well, okay, maybe that doesn’t matter. You can guess the price and it shouldn’t be too expensive. But there’s then another problem.   You can’t find the checkout.   You search up and down the aisles. After a few minutes, you find it buried at the […]

Read More Read More
Five ways to make smarter business decisions

Five ways to make smarter business decisions

Most people in business know when things go wrong. They know very well, too, how things should be changed when this happens.   Yet, the actual detail required for improving things can be beyond their control, especially in a busy environment where day-to-day grind eats up time. Sitting down and thinking about how to do things […]

Read More Read More