Disruptive technologies such as Artificial Intelligence (AI), Internet-of-Things (IoT) and Automation are buzzwords among business organizations all over the world. The credit for this continuously evolving technology-driven business world goes to the world of digitization.
On the other hand, the development of technologies such as Cloud-Computing and Software-as-a-Service (SaaS) technologies, triggered a manifold growth in businesses and completely transformed the way they perform diverse operations. Proving to be much more efficient, the cloud-based business automation solution seems to be putting a break on the demand on the traditional On-Premises software.
Things are transforming at a breakneck speed. Technological benefits are no more limited to Large Enterprises. The SMEs, as well as start-ups, can find an equal opportunity to explore diverse growth dimensions with advanced business automation software such as Value Creation Automation (VCA)(https://www.cordis.us/contact).
Difference Between Cloud-based VCA & On-Premises ERP Software
There is a famous saying, “Every great thing comes to an end one day.” Similarly, the traditional On-Premises ERP software had great innings and now it’s time to give way to a much greater force - Cloud-based business automation software such as VCA.
Developed by the experts at Cordis Technology LLC, Dubai, the UAE, VCA is an end-to-end business solution. Besides, enhancing the efficiency and accuracy of business processes, VCA is designed to support companies in growing and developing holistically.
Let’s have a look at some of the major differences between the traditional On-Premises ERP software and the advanced cloud-based process management software such as VCA.
Another Factor That Makes VCA Different Than On-Premises ERP Software is SaaS
With high costs involved, On-Premises ERP software is not considered to be an affordable business solution for small businesses. But, based on the Software-as-as-Service (SaaS) technology, VCA brings an equal opportunity, for even small businesses, to reap benefits of disruptive technologies such as Automation, Artificial Intelligence (AI) and Cloud-Computing.
As far as only Cloud-based ERP software is concerned, businesses still do need to have some amount of infrastructure built, to manage a heavy amount of data. But, this is not the case with a SaaS-enabled business automation software.
Small businesses can quickly implement VCA, which needs almost no capital requirements to run diverse business functions. It gives the flexibility to perform diverse business tasks and control operations, from anywhere and anytime. This further results in optimum resource utilization, enabling companies in achieving an increased productivity and a sound return-on-investment (ROI), even in the long-run.
VCA is Unique & Has an Edge Over the Traditional On-Premises ERP Software
There’s no denying the fact that On-Premises ERP software played a hero for businesses for a long-time, but with the continuously evolving technologies the demand for it has significantly receded. And, there are various reasons for the same.
Many of the business leaders believe the traditional automation software increases operational costs, whereas others want to do away with its due to its rigid structure.
VCA, on the other hand, converges the human intelligence, disruptive technologies and proven business models to drive overall business performance. Business models such as Lean Management and Six-Sigma supports in optimum resource utilization and also in keeping the error-rate to the minimum level. At the same time, disruptive technologies such as automation and Artificial Intelligence (AI) enhances process efficiency and make the business system highly responsive.
It enables companies in completing tasks within the allocated budget and time; Thousands of calculations can be performed in one go and that too with utmost accuracy; Helps in winning the confidence of stakeholders by delivering value to customers, reducing the unrelenting workload of employees, ensuring compliance with tax authorities and other government regulations and many more. A cloud-based automation software such as VCA is gaining traction at an unprecedented speed, among start-ups, entrepreneurs as well as SMEs and Large Enterprises.
The demand for the On-Premises ERP software, which covered 87%of the total market in around 2008, has sharply receded. Today, the cloud-based business automation software pervades 83% of the market approximately. This clearly shows that the business leaders across the world are ready to bid a farewell to the traditional On-Premises software and set to welcome the cloud-based advanced process automation software with arms wide open. Know more: https://www.cordis.us/
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As per Wikipedia's definition, “Enterprise resource planning (ERP) is the integrated management of main business processes, often in real-time and mediated by software and technology.”
We’d define ERP as a fully-integrated platform that helps handle various aspects of a business, including accounting, procurement, manufacturing, project management, contract management, risk management, and warehouse management.
ERP systems enable a seamless data flow across the organization by tying all your business processes. This eliminates data duplication and provides a single source of truth.
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