Why manufacturers are embracing SaaS ERP: The SaaS ERP Advantage

Manufacturing businesses across diverse industries, ranging from food and beverage to tea, rubber-based products to complex electronics, packaging to plastics, and more, are now recognizing the power of technology and digital transformation. As market disruptions become the norm and the pace of change remains high, the importance of having a strong and fully digital organizational foundation has become apparent.

If your current system is not fully supporting all your business requirements or if you’re yet to implement an ERP system that meets your specific needs, it’s time to explore the potential of a SaaS ERP solution. This modern approach offers a range of advantages that can revolutionize your operations. These comprehensive platforms are designed to streamline and integrate all departments, materials, and critical processes.

What is SaaS ERP?

For those seeking an enterprise resource planning (ERP) system, it’s crucial to understand the two main deployment types available. There’s the classic option, in which your on-premises system is hosted on your private servers and controlled by your own IT department. Then there’s the widely used cloud deployment approach, SaaS ERP offering various advantages. SaaS ERP is Software-as-a-Service ERP, where end-users access the system over the internet, hosted and maintained by the ERP vendor, with a subscription-based payment model (monthly or annual).

Most SaaS ERP software can provide all the necessary B2B solutions. According to a recent study by Allied Market Research, the global ERP software market is expected to reach a $117.09 billion value by 2030. This growth is being driven by the increasing adoption of cloud-based ERP solutions.

Advantages of SaaS ERP

Cost-Effective Solutions

When it comes to the advantages of choosing a SaaS ERP, the one with the broadest appeal is the lower up-front costs that come with the approach. Not having to purchase any additional hardware or equipment represents a substantial saving over a more traditional on-premise deployment. A study by Gartner found that businesses that implement cloud-based ERP solutions can achieve a 50% reduction in IT costs. 

Achieving Scalability

Opting for a SaaS ERP brings the advantage of scalability. You won’t need to purchase additional terminals or create new accounts when you hire more employees or system users. With just an internet connection and a browser, anyone can access the platform. Moreover, choosing a SaaS solution means you can depend on your provider’s dedicated IT teams for software updates, troubleshooting, and maintenance. This eliminates the need to extensively hire your own IT professionals and ensures that the system is always available with the latest patches and improvements automatically integrated.

Enhanced Flexibility

Then, there’s the matter of the additional flexibility that cloud-hosted SaaS platforms provide, and that’s all the more important in a world filled with supply chain delays, workforce uncertainties and material shortages. Being able to offer your staff the capability to work from home or on the road is necessary in today’s world, and having a reliable provider who supports you on the technical side gives you the confidence to handle any challenges that may arise.

Improved Data Security

Finally, consider that SaaS ERP solutions offer both better security and data redundancy as they are hosted offsite. Any vendor worth considering will provide safeguards for your data, including IP address whitelisting, two-factor authentication (2FA), distributed denial-of-service (DDoS) protection, backup servers and data retention policies that ensure your operations aren’t compromised.

When it comes to choosing the right SaaS ERP vendor for your manufacturing business, Kingslake stands out as a trusted partner with a solid track record and deep understanding of the manufacturing industry. Their expertise in implementing Infor SyteLine ERP, one of the world’s top SaaS ERP solutions, sets them apart as a reliable choice for manufacturers looking to optimize their operations. Infor SyteLine is a powerful ERP solution tailored specifically for manufacturers, aligning seamlessly with your manufacturing objectives.

In a world where digital transformation is the key to survival, SaaS ERP is the ultimate solution for achieving manufacturing excellence. Embrace the future, reduce costs, and enhance your operational efficiency with the right ERP solution. Trust in Kingslake to guide you on this journey and unlock the full potential of your manufacturing business.

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