Cloud ERP, also known as enterprise resource planning, is software delivered over the internet. This means itβs hosted by a vendor and accessed by users via the internet, rather than being installed on a companyβs servers.Β
For modern businesses, a Cloud ERP system offers many benefits. One benefit is its cost effectiveness, eliminating the need to hire IT staff and purchase additional hardware or software. The vendor handles all maintenance updates and security, reducing IT burden on the organisation.Β
Cloud ERP software is a streamlined solution allowing businesses to effortlessly collaborate using a single source of data across a range of business operational functions such as inventory, order, supply chain management and more.Β