FROM THE TRADITIONAL ERP TO CLOUD-BASED ERP

Abstract

Not many years ago, Enterprise Resource Planning (ERP) software applications meant, in fact, a small and insignificant step in a company. An ERP system is basically a set of applications that help a company overcome a critical threshold that processes all kinds of sensitive information, including Human Resources (HR) and financial data, consumer databases, or sales plans. The idea of putting all the internal data of a company on an external server, controlled by an external team, sounds like a guaranteed recipe for failure for most executives. Many of these issues have changed over the last few years, and medium and large companies have taken into account the idea of cloud-sharing. Romanian companies are in the process of education in terms of how an ERP solution can help a company grow and be successful. Small and medium-sized businesses have begun to invest in solutions that can provide them with efficiency and dynamism as well as reduced costs. In this context, an ERP solution installed on a Cloud platform becomes essential. Installing a business solution on a Cloud platform has the following benefits: a lower total investment, flexibility (you can choose the desired features), low cost (pay for what and how you use it), fast deployment, security, mobility wherever a Wi-Fi network is accessible on any device that has a web browser installed). The paper aims to present the transition from traditional ERP to cloud-based ERP with advantages and disadvantages in the context of digital technologies and transformation.

Keywords

• traditional ERP
• cloud
• digital transformation
• technology
• business