The COVID-19 pandemic outbreak has brought forth some unusual happenings across the globe, including the unexpected shutdown of many businesses to slow its spread.
With physical locations closed throughout the lockdown, many non-essential businesses are scrambling to implement remote-working policies and to keep operations running to support their customers and staff.
The transition to working remotely can be an enormous challenge for employers, staff, and even entire teams. However, advanced technology has made the process of adopting a remote enterprise more seamless. While multiple software applications enable remote work, few possess specific tools that can run a whole company.
Cloud computing provides flexibility
Cloud computing enables companies to work from any location, allowing remote access to technology that includes servers and data storage as well as mission-essential software, servers, analytics, and business intelligence.
Cloud software is also known as web-based, or software-as-a-service (SaaS) that is hosted on the remote servers. This means companies no longer need on-premise applications and servers with the IT infrastructure required to support such hardware. Employees can access the network and data from approved devices so remote teams can access the same data and remain productive.
How Cloud ERP supports remote enterprise
Offering secure and flexible resources, cloud-based ERP ensures employees can access data remotely with the collaboration and communication tools that mimic working from the office.
Cloud ERP is a SaaS application that allows users to access the power of Enterprise Resource Planning software remotely. Generally, cloud ERP includes lower upfront costs to allow access to crucial business applications anytime from an internet-connected device.
Overall benefits of Cloud ERP at a glance
- Reduces upfront costs and requirements for technology infrastructure to support data servers and other software and hardware.
- Reduction of maintenance and downtime due to fewer software and hardware requirements that become the responsibility of the cloud service provider.
In the cloud, you pay only for the services and cloud computing resources you need.
Benefits of Adopting Cloud ERP for remote working
Work Virtually Anywhere
Cloud ERP offers the versatility that makes working from the office unnecessary and enables companies to operate with the same efficiencies. Gone are the days of wasting valuable time to download and install files to update the software. Cloud computing allows employees to work from any internet-ready location and device, even including a smartphone.
Among the top issues of businesses and organizations working remotely is communication. Cloud ERP not only minimizes communication confusion but also makes it more seamless to share real-time, accurate data. All approved staff retains access to the same set of business information when it’s needed.
Working remotely, remaining on the same page while fulfilling your responsibilities efficiently can be a difficult task. Cloud ERP allows you to generate workflows that manage multiple tasks, share your progress along the way, and receive alerts and notifications regarding team productivity.
As mentioned, cloud computing garners much lower overhead costs by eliminating the need for additional software and hardware. Remote staff can access company data without needing extra technology or equipment. As you grow your remote workforce, your equipment costs remain the same, allowing your cloud ERP to scale with you.
Cloud service providers have developed sophisticated security. Contrary to the belief that cloud encryption lacks modern security or that data becomes an easy target for hackers, cloud ERP actually increases a company’s overall security level. Security measures such as user-specific passwords and encryption of files can be implemented while the system tracks all user and system activity, fully encrypting the data stored within.
Cloud ERP Best Practices
Cloud ERP enables a remote working enterprise by delivering greater levels of communication, security and scalability. Switching to a flexible cloud platform makes your business more dynamic, brings transparency to your workflows, and gives vital insights into your business performance.
Sage Intacct is the cloud-based ERP software that lets you efficiently manage business complexities while establishing your remote workforce. When the new normal is working from outside the office, Intacct’s real-time accuracy and business-data visibility helps you automate growth accounting processes while keeping your teams connected.
Voted #1 Accounting Software Product in Customer Satisfaction by G2 Crowd, Sage Intacct is built for finance professionals by finance experts. As a Sage Intacct Partner, e2b teknologies is a best-in-class provider to move your business to the cloud.
Find out more about how e2b and Sage Intacct can transform your business into a digital finance organization.