Cloud ERP, as the name suggests, is based in the cloud much like SaaS (Software as a Service). Unlike traditional ERP software, Cloud-based ERP relies on the cloud rather than proprietary server infrastructure to help companies share information across departments.

It is Software as a Service that allows users to access Enterprise Resource Planning (ERP) software over the Internet.Using the right cloud provider, a company can rapidly scale their business productivity software as their business grows or a new company is added.Cloud ERP provides many benefits, but it also creates some management challenges.

Cloud ERP generally has much lower upfront costs, because computing resources are leased by the month rather than purchased outright and maintained on premises. It also gives companies access to their business-critical applications at any time from any location.

Cloud-based ERP also comes with availability, backup and disaster recovery plans from providers so it reduces the interruptions to the software.

• Cloud ERP reduces the cost in many ways.

• Therefore companies can upload and access data in real-time via the cloud.

• So the data can be accessed from any device with an Internet connection, allowing for greater collaboration among departments.

• Cloud ERP solutions are more accessible and more mobile than their traditional on-premises counterparts.