How Your Company Can Benefit From Operating 3 Systems In The Cloud

Part of a 4-article series on Digital Transformation for Crowe LLP, this piece involved expert interviews and desk research to write an article that establishes Crowe as a thought leader in the vital digital transformation of today’s businesses.

Organizations needing to modernize their data practices are increasingly embracing cloud computing platforms. Here’s how operating three systems in the cloud can benefit your company right away.  

1. Enterprise Resource Planning: More Agile And Easy To Scale    

Enterprise resource planning (ERP) software can analyze massive amounts of data in nearly real time, helping companies respond swiftly to supply chain updates, changing audit requirements and other issues that affect operations and finances.     

When that software is located in the cloud and provided as a service, organizations can quickly scale ERP storage and performance up or down and more easily handle demand without having to procure new infrastructure or pay for more resources than they need. In addition, capacities for new lines of business and functions for different departmental operations can be integrated into cloud ERP platforms as needed.     

In today’s unsettled markets, this flexibility and scalability can yield a defining competitive edge, says Mike Grob, a principal in consulting at the accounting, consulting and technology services firm Crowe. “Companies are continually updating and taking advantage of all the ongoing investment that the software as a service provider is putting into it,” he says. “In comparison with the traditional non-cloud model, companies can innovate and collaborate more.” 

Read more at Forbes.