It always results to a win-win situation if you merge two concepts together that both share the same objectives and goals. This will not only mean good business but satisfied customers as well. Enterprise Resource Planning (ERP) usually applies only to large corporations. The concept behind ERP is that everything will be synchronized by integrating company data, files and records into one single system. This unified database can be accessed by all levels of the organization, including Human Resources, Payroll, Security etc., to promote consistency and accuracy on every process done. Often, ERP requires high maintenance cost, which is the reason why small business owners tend to ignore it. However, recent technology has brought together ERP and Software as a Service (SaaS), making it more convenient for small business to migrate to a fully integrated system.
SaaS functions as a bridge that makes it possible for end users or customers to access a software application anytime anywhere through the internet. All you need to have is a computer, an internet connection, and a web browser and you are all set. This is the reason why an ERP solution built on SaaS is more appropriate for small business due to the fact that it is more cost-effective and it is easier to grasp rather than implementing a much complex system. SaaS ERP solutions are provided by a third party vendor, so make sure that you have chosen the best partner that suits your business. Not all vendors offer the same terms and conditions, which is why it is important to take into consideration all key factors that lead to success of your business venture.