What is the difference between legacy on-premise and NetSuite cloud-based ERP software systems?
Are you frustrated with disruptive software upgrades, version lock, and high IT costs? Businesses are innovating faster than ever, is your ERP system holding you back?
With all of the competitive information online, how do you know which software is best for your business? Between changing market conditions, evolving competitors, and modern customer expectations, businesses need an ERP system that can keep up. Has your organization considered upgrading your ERP system?
According to Forrester, “approximately half of ERP customers are on releases that are two versions behind the current release, which may be four or more years old or more.” It’s time to think beyond your disconnected, patched, bolted on, on-premise ERP system and look to the future!
How does ERP work?
What is the meaning of ERP? Cloud Enterprise Resource Planning is a business management tool that integrates all functions and departments into one single system to streamline information, synchronize reporting and automation across the entire organization. Businesses in today’s market need a proven solution that can deploy quickly, provide a single source of data in real-time, and scale with your growing business.
According to IDC MarketScape, "the demand for cloud-based ERP applications continue to grow because of the ability to access and analyze massive amounts of data in near real time. With speed as a guiding factor to winning business globally, businesses want and need more from their ERP systems than ever before, and that includes using the most up-to-date and advanced systems found in SaaS and cloud-enabled ERP systems."
What kinds of businesses use ERP? ERP is essential for businesses in every industry, vertical or size. ERP improves business processes and integrates all aspects of the business including inventory management, distribution, ecommerce, logistics, sales, financials, CRM, and more. ERP gathers real-time data and reporting across the entire business providing decision makers the information they need to make informed and accurate decisions. Learn more about ERP.
Business challenges with “version-locked on-premise ERP”
The lack of visibility, incomplete data and cumbersome manual processes of an on-premise legacy system inhibits success.
Operating on a slowly upgraded ERP system is not enough to remain competitive in today’s technical world. An on-premise ERP can drain your budget with IT costs and provide little ability to invest in innovation. If you are running legacy ERP like Microsoft, Sage, Quickbooks, Acumatica, Odoo, SAP Business One and surviving on spreadsheets you’re more than likely struggling to assemble accurate data buried in the ERP due to disconnected systems.
It has never been more important to have a modern ERP designed for today with the ability to grow with you for the future. Say goodbye to costly upgrades, maintenance fees, outdated software, and a disconnected past. Gain a complete advantage with the visibility and accessibility of NetSuite’s real-time cloud analytics. Unleash the power of the #1 Cloud ERP to drive growth, lower costs, and increase efficiency.
Top 4 reasons why organizations are moving to the cloud:
1. Improved business agility
2. Speed of implementation and deployment
3. Faster delivery of new features and functions
4. Support business innovation with new capabilities
Trending Legacy On-Premise vs Cloud-Based ERP Resources
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Why Are Companies Moving to Cloud ERP?
NetSuite ERP vs Legacy On-Premise ERP Comparison
True Cloud Multi-Tenant Saas
- Accelerated time to value, see value from day one
- Non-technical, user-friendly configuration for the entire team
- Low involvement from IT
- Integrated data support
- Pay per month, per user
- Always up to date with the latest upgrades and features
- Safe, accessible and Secure business information
- Creates new opportunities for growth and scale
Hosted Single Tenant Saas
- Moderate implantation size
- Customizations are troublesome and take time
- Mandatory for IT resources to be involved
- Pay per month, per user
- Upgrades and customization are expensive
- Requires separate database for each tenant
- Integrations are limited
- Implementations and upgrades are expensive and lengthy
- IT resources are required
- Disconnected data framework
- Version lock
- Not secure – requires additional software
- Large investment with additional hardware costs
Oracle ERP Cloud FAQ
Acquired by Oracle in 2016, NetSuite continues to push its competitive position in the cloud with technical advancements, capabilities, and twice-a-year software version updates to stay ahead of the cloud market. NetSuite has over 34,000 customers, in 203 countries, and can translate over 20 different languages. Oracle NetSuite ERP software suite is the only solution on the market with the scalability and infrastructure to grow and change with your business. Learn more about Oracle NetSuite!
According to a recent report from Gartner, NetSuite is the leading cloud ERP system and the world’s fastest-growing financial management solution. The report finds that NetSuite can deliver significant benefits with real-time insights, streamlined processes, and a 360-degree view of performance across the business.
NEXT READ THIS:
• How to choose the right ERP for your business
• Enterprise Resource Planning Overview
• NetSuite Support and Services
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Protelo – Top-notch NetSuite Experts moving businesses to the Cloud
Protelo is an award-winning NetSuite reseller and we’re passionate about making sure our clients get the best NetSuite implementation, services and solutions possible. Need more information about NetSuite ERP vs Legacy On-Premise software for your business? Our consultants have deep experience across all industries, verticals and understand the constraints of Legacy ERP software. Protelo can take you to the next level with one-on-one support and implementation expertise.
Through tailored business software development, implementation, services and management, we have assisted HUNDREDS of companies to streamline their business processes and achieve their goals. From the planning stages to managed services, Protelo is an end-to-end provider of NetSuite business software expertise.
Our team strives to understand core business needs, daily operations and provide tailored solutions to achieve your individual goals. Protelo performs in a timely and well-planned manner for every project. Our consultants are open, honest, direct, and get remarkable results.
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