Description

Description

ERP used to be accessible only to large enterprises because of the capital hardware required like servers and multiple workstations, and dedicated teams to handle its complex deployment, upgrades, and maintenance. However, in Accenture’s 2019 ERP trends study, they predicted that SaaS ERP deployment is accelerating as a mainstream delivery model with cloud vendors chipping away chunks of the market from legacy developers.

Today, SaaS technology enables vendors to also offer ERP solutions to small and medium enterprises. Modules are sold separately or bundled as a plan, while hardware and technical maintenance are managed by vendors. The features of ERP software may be pared down or limited to a couple of functions but this still allows companies of all sizes to reap the benefits of ERP software.

Some of the reasons they implement these ERP platforms are to improve business performance (64%), to position company for growth (57%), or to reduce working capital (57%). In addition, startups and SMBs can now rely less on manpower to go about their day-to-day operations.

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