ERP in the cloud - Functionalities + Best software on the market

Finding an ERP in the cloud that meets all the requirements that your business needs and helps you increase productivity is not an easy task due to the conglomerate of technical information that must be analyzed beforehand to find the one that best suits your company.

The selection will depend on several factors such as the budget, the level of functionality needed, whether you have an internal IT team or the number of staff that will have to use it, among others.

Therefore, we will know in depth what is a cloud ERP, its main features, its benefits and a list of the best ERP in the cloud that can currently be found in the technology market to facilitate your search for a software provider.

What is an ERP in the cloud?

An ERP (Enterprise Resource Planning) system is a business software whose initial objective is to improve productivity when executing certain tasks in any company, through a centralized database system, based on a modular development.

Depending on the needs, the ERP may contain specific modules according to the area of work, such as accounting, finance, logistics, purchasing, marketing, sales or human resources, among others.

In this case, when referring to an ERP in the cloud, it refers to the fact that the software is not on a local server, but to access it you have to do it through the so-called Cloud.

Once we know what we are talking about when we refer to an ERP software in the cloud, let's go a step further and know all the benefits of an ERP in the cloud:

1. Cost savings at all levels within the company

It will no longer be necessary to have hardware, servers, or an internal support team, since with this system you only pay a monthly fee and reduce the budget for maintenance and updates.

2. Greater security in data storage

By having a Cloud storage, the information will not be contained within a local server, so that access to them, by external agents, is virtually impossible.

Likewise, if there is any type of data loss, you will always be sure that there is a backup system that will recover the information.

3. Unbeatable accessibility

Any employee will be able to access (as long as he/she has the license and access permissions) to the ERP from any land location and at any time of the day, which facilitates the performance of the tasks.

4. Encourages teamwork

It is also much easier and more productive to work cooperatively without depending on the availability of colleagues.

Best ERP in the cloud

Can there really be an ERP in the cloud that is perfect for our company?

The answer is a resounding, yes, but with a little nuance.

It has to be customized because each company has different needs and there is no ERP on the market that is designed specifically for each and every one of them.

1. Isvisoft, customized ERP in the cloud

As we mentioned earlier, an ERP already designed will never be able to adapt 100% to your business model; it will have to be your company that adapts to the already established functionalities of the software.

For this reason, Isvisoft works from the perspective of customized software development, whereby the technology is adapted to the circumstances required by the client.

Because, what is needed to have a productive tool?

There is no definitive answer, but the word that would define it would be ADAPTATION.

Because each case is totally different, since it is not the same to work, for example, an ERP in the cloud for a food manufacturing company than for a digital consulting firm.

The Isvi team, as expert developers of enterprise software and mobile apps, have created a multitude of ERPs focusing on different business specifications.

What business areas can be worked on?
  • Administration, accounting and finance.
  • Sales and purchasing.
  • Logistics, distribution and warehouse management.
  • Traceability.
  • Human resources.
  • CRM.
  • Marketing.
The positive point of the service is that it is possible to design certain functionalities that generic programs do not have.

For example, the integration with machines or specific services of the activity, the generation of specific reports with data collected by the ERP (including calculations) or the creation of customized alarms based on alerts of anomalous values, among others.

Working with automations, by means of specific algorithms for the sector, and promoting communication between different departments, provides a differentiating plus in your service.

2. Dynamics 365 Business Central

The positive point of Business Central is that it comes from Microsoft.

It is one of the ERP in the cloud, although it allows its implementation in a local environment, usual for large multinational companies (it is also adaptable to SMEs that have sufficient economic capacity).

Depending on the size of the company, the budget and the needs, the customer can choose one of the two plans currently offered, the Essentials and Premium. The latter being much more complete in terms of modules.

These include financial administration, sales and marketing, purchasing, inventory, supplies and manufacturing, among others.

3. NetSuite Oracle

There are two major differences with respect to the previous ERP software in the cloud:

The first is that the Oracle solution has been created so that its operation is carried out only from Cloud, it does not allow On premise option.

And the second is that NetSuite is oriented to medium-sized companies.

It works the usual modules already mentioned in previous cases and we highlight the following functionalities:
  • Warehouse and supply chain management.
  • Order control.
  • Global negotiations management.
  • Financial and accounting control.
At the cost level, the annual license fee is required, including an extra charge for the initial configuration.

4. Sage 200cloud

If there is one thing that makes Sage 200cloud stand out, it is its powerful accounting and invoicing modules, as well as its CRM.

This software usually provides services for certain sectors, among them:
  • Distribution.
  • Discrete manufacturing.
  • Food and beverage.
  • Services.
They have an Advance edition that is much more extensive in terms of modules and flexibility.

In addition, it now includes Alisio, an intelligent assistant, which helps the user in a didactic way in the performance of their tasks with the aim of increasing productivity during the execution of the processes.

As a result, the user experience has been improved, the interactive dashboard has been refined and the automation of certain aspects has been maximized.

5. SAP Business One

SAP Business One is another ERP in the cloud that helps the integrated management of companies in a digital way.

They work the financial and accounting part, customer management and sales, inventory and purchasing, distribution, among other modules.

It can be stored on premise or in the cloud, and has an intuitive interface integrated with Business Intelligence.

Like Sage 200, SAP also integrates a differentiating element in its service. In this case it is SAP HANA (High Performance Analytic Appliance).

It is a database platform that facilitates the call to information directly and quickly, which translates into a decrease in the development times of the work of employees.