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What is Cloud ERP? 6 Key Benefits When Businesses Apply Cloud ERP

Cloud ERP helps businesses save costs, increase operational efficiency, secure data, easily expand and make faster decisions. This is an important foundation to improve management capacity and accelerate digital transformation, especially in controlling cash flow and optimizing costs. Implementation success depends mainly on internal, people and processes, not just on software.

This article focuses on defining What is Cloud ERP?, compare with on-premise ERP, analyze costs, security, implementation roadmap and how to combine with specialized solutions to complete the system business cost management in Vietnam.

In this article, let's join Bizzi to learn more about the nature of ERP and analyze its characteristics. Cloud ERP The key to grasp is: understand the right needs – choose the right partners – train well – manage change flexibly.

Overview of ERP and What is Cloud ERP?

Below is an overview of ERP and Cloud ERP, help you understand the concept, role and difference between these two forms:

What is ERP (Enterprise Resource Planning)?

ERP (Enterprise Resource Planning) is an enterprise resource planning system that integrates subsystems such as finance, human resources, warehouse, purchasing, sales and manufacturing on a unified database. ERP has both commercial and open source solutions; ERP is not inherently open source.

Diagram illustrating Cloud ERP as the brain that coordinates finance, human resources, warehouse and production in the enterprise
Diagram illustrating Cloud ERP as the brain that coordinates finance, human resources, warehouse and production in the enterprise

What is Cloud ERP?

What is Cloud ERP? Cloud ERP is an ERP version deployed on cloud infrastructure, accessed via the internet, operated on a subscription model and updated automatically. Basic features of Cloud ERP To be:

How is Cloud ERP different from On-premise ERP?

System Cloud ERP fundamentally different from on-premise ERP in terms of infrastructure, cost, implementation time and operating model. Below is a detailed comparison table to help you easily see the differences and choose the right one for your business needs:

Characteristic Cloud ERP On-premise ERP
Deployment location Cloud service, managed by provider Install directly on the server, business system
Ownership Use services, not own infrastructure Owned and managed by the business
Expense Low starting, recurring payments (OpEx) Large initial investment (software, infrastructure, IT personnel), ongoing maintenance costs (CapEx)
Implementation time Fast (60-120 days) Longer (6-12 months)
Upgrade/Customize Automatic upgrades, limited customization Manual upgrade, highly customizable to business requirements
Security/Control Dependent on supplier, adhere to strict process Enterprises proactively control, require good management
SLA Uptime 99.9% or higher Depends on internal capacity
RPO/RTO Backup Committed to service Self-designed and operated business

What are the key benefits of Cloud ERP?

Application Cloud ERP brings many practical benefits, helping businesses increase their competitiveness, especially when combined with specialized expense management tools.

What is the cost and time of implementing Cloud ERP?

Cost and implementation time Cloud ERP Significantly more flexible than traditional ERP, but needs to be carefully planned to ensure return on investment.

Cost-effective optimization

Cost illustration example

Enterprise 20 users, modules: finance, purchasing, warehouse.

Quick and easy deployment

Businesses can get up and running faster because there is no hardware selection and setup required. Typical go-live from 60 to 120 days; Lean projects can be completed in about 90 days, compared to 12 months for On-premise ERP.

What is Security, Compliance and SLAs in Cloud ERP?

System Cloud ERP is considered secure when the provider applies encryption, granular access controls, regular backups, and commits to a clear Service Level Agreement (SLA).

What are the core modules of Cloud ERP?

A system Cloud ERP Comprehensive usually includes integrated modules to manage business operations, in which the financial module is the center to control financial health.

Cloud ERP module portfolio includes finance and accounting, HCM human resources, CRM, warehouse and supply chain, procurement, manufacturing and project management

Which businesses should use Cloud ERP?

Cloud ERP is a suitable solution for businesses that need to optimize management, save costs and increase operational efficiency, especially during the expansion or digital transformation phase.

Cloud ERP and Financial Automation in Vietnam

Multiple businesses combined Cloud ERP with financial automation solutions to thoroughly solve the problem of cost management. While Cloud ERP Providing a holistic view, specialized solutions like Bizzi dive into optimizing each spending process, from payment request to invoice processing.

Bizzi.vn – Comprehensive cost management solution, perfect complement to Cloud ERP

Bizzi is more than just an invoice processing platform, it is a comprehensive expense management solution for businesses. When integrated with Cloud ERP, Bizzi trở thành “cánh tay nối dài” của bộ phận tài chính, giúp tự động hóa và kiểm soát mọi khoản chi, từ đó giải phóng nguồn lực và tối ưu hóa dòng tiền.

Bizzi's comprehensive integration diagram with Cloud ERP system

What are the important notes when implementing Cloud ERP?

To deploy Cloud ERP To be successful, businesses need to be well prepared in terms of people, processes and data. Below is a checklist of important factors:

Cloud ERP FAQ

Below are common questions that businesses often ask when researching and implementing Cloud ERP:

Does Cloud ERP require an internal IT team?

No need for a large IT team. The provider will manage the infrastructure, security, and updates. The business only needs one system administrator to manage users and provide basic support.

How long does it take to implement Cloud ERP?

Typically 60 to 120 days, depending on project complexity, number of modules and level of customization.

Does Cloud ERP run offline?

No. Cloud ERP requires an Internet connection to access and synchronize data in real time.

Can data be moved from on-premise to the cloud?

Yes. This process is called data migration and is an important part of deployment.

Does Cloud ERP support multi-company, multi-currency?

Yes. Most modern Cloud ERP solutions support managing multiple subsidiaries, multiple currencies, and compliance with different accounting standards on the same system.

Conclude

Cloud ERP is not only a technological solution but also a smart strategy that helps businesses optimize operations, improve performance and flexibly adapt to the market. Understanding What is Cloud ERP? as well as how it works and important considerations when implementing it will help businesses make the right decisions.

To achieve the highest financial management efficiency, it is necessary to combine a system Cloud ERP Overall, with a specialized cost management solution like Bizzi.vn is extremely important. This combination helps businesses not only have a panoramic view but also closely control each transaction, ensuring that all expenses are optimized and transparent.

Read more:

  1. ERP Costs for Small and Medium Enterprises
  2. Benefits of ERP for Vietnamese businesses for SME businesses
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