The Cost of ownership between Cloud ERP vs On-Premise ERP

ERP is a system which has been introduced to help businesses and organizations to manage their resources more efficiently. Traditionally, ERP systems are being deployed on-premise across different type of organizations, which even small businesses nowadays are finding their own success while implementing this software in their business.

Today, a more customizable and flexible version of ERP deployed using the cloud computing technology has to gain a lot of interests from companies who want to remain agile and mobile in their business. With both having their own advantages, the question of which of the two is a more cost-effective solution is what many companies are eager to find out.

There are different factors that should be considered to weigh down which these two different ERP deployment methods is a more viable option for your business:

  1. Licensing and Subscription Fee
  2. Installation & Set-Up Coast
  3. Training & Implementation Cost
  4. Ongoing Maintenance
  5. Customizations & Upgrades
  6. Electricity & Overhead

The choice between these two different ERP deployment options is a critical process which requires close monitoring from your end. With a lot of companies choosing cloud ERP software for their business, it is only matter of time until this mode of deployment becomes the industry standard today.

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a Comment

Your email address will not be published. Required fields are marked *