A Cloud ERP system equipped to power your whole business
Keep projects on track and drive business growth with easy-to-use cloud construction software that puts managers, supervisors, subcontractors, and customers on the same page.
Financial management tools
Modules available for your real-time, end-to-end Cloud ERP system.
Project Accounting
Accounts Receivable
Accounts Payable
General Ledger
Fixed Assets
What are the risks and benefits of Cloud ERP software?
As with any high-dollar product or service purchase, investing in cloud-based ERP systems comes with some risks. But, with proper planning, these risks can be mitigated, and they are far outweighed by the benefits Cloud Enterprise Resource Planning systems bring.
Risks of ERP Investment
- Lack of leadership buy-in, resulting in the Enterprise Resource Planning software purchase and implementation not happening at all
- Lack of organizational buy-in, resulting in employees not using the software and the company not reaping the rewards of automated business and management processes
- Lack of training, resulting in sub-par use of the ERP system
Benefits of Cloud ERP Software
- Powerful automation that streamlines simple tasks and eliminates manual workarounds
- A central repository that connects multiple systems/applications and stores data from every department in an easily accessible, up-to-the-minute database
- Anytime, anywhere access to the system, eliminating geographical restrictions
- Automated workflows (e.g., approvals for Purchase Orders or Accounts Payable processes)
- Customizable dashboards and reports
- An end to month-end headaches caused by human error or disconnected systems—duplicate data entry, delayed financial reporting, incomplete or erroneous transaction entries, etc.
- The power to manage multiple companies with one system and consolidated reporting
- Vendor-managed hardware and data servers, IT support, and system updates/upgrades—meaning customers are not stuck with infrastructural and ongoing maintenance costs
- Reduced strain on in-house IT teams
- Fast, vendor-supported implementation
- Flexible licensing that allows customers to adjust their use of the ERP system according to fluctuating needs (e.g., add/remove applications, add/remove users, etc.)
- Robust, vendor-ensured data security (e.g., controlled physical access to the equipment, environmental protection, protection from unforeseen disasters, regular system maintenance)
- Adaptable software that scales with the customer’s business
As the lists above show, the advantages of the software and the business value of an ERP system are clear. But there are still other questions businesses should ask when thinking about buying an ERP solution—one of the biggest being: “How much does ERP software cost?"