Today, digitally connected business world is highly influenced by three major forces that include cloud computing, data proliferation and faster mobile adoption. Businesses all across the globe have begun to indicate that how cloud based ERP can be opted to deliver a host of benefits including cost reduction and business expansion. This is all possible due to the fact that it allows organizations to focus on core impediments without worrying about expensive software licensing fees, software patching, and technology update. 

Cloud based ERP for Mergers and Acquisitions: Mergers and Acquisitions have become quite prevalent in this fast paced economic world and are considered as one of the driving force behind business growth. By merging small segments and processes into a parent company businesses are eyeing on more standardized and integrated operations.  In broader landscape, there are several segments like Finance and Human Resource that needs the potential to make the acquisition process more swift and easy. Cloud based ERP services integrated with robust ERP systems allows line of businesses to integrate new operations with no hassle.

Shifting QA ERP instances & Development: Many of the companies using ERP are facing difficulties in managing multiple environments that include Development,QA, Production, etc. In fact, managing distinct environments incurs high capital expenditure, which is a roadblock for some organizations as they don’t have strong financial backing. However, this issue of the organizations can be addressed by moving non-core environments to cloud. In this light, cloud computing helps in optimizing overall performance and cutbacks ERP running costs.  If reports are to be believed, a host of companies that have leveraged cloud experienced significant reductions in ERP running cost that too without compromising on SLAs and performance. Apart from cost benefits, cloud helped them in quick provisioning of ERP instances to meet development and QA needs. 

To simply put, by leveraging cloud based ERP businesses can increase their productivity, quickly fix bugs and gain faster time to market. It provides unprecedented growth opportunities with flexibility to meet changing demands of a business and enables them to integrate diverse ERP systems for better management without involving hefty investments.