Updated · Originally published
Deploying your business systems, like your ERP software, in to your organization, including:
- Getting an industry leading ERP solution without up-front hardware or software costs.
- Rapid implementations that can get you up and running quickly.
- Gaining the ability to scale your solution as your business needs grow and change.
- Freeing your IT staff from maintaining your ERP solution so that they can bring additional value to your business in other areas.
- Eliminating the hassle of maintaining your own servers.
While these benefits are enticing, I know they don’t mean anything to you unless they translate into a return on the investment that you make in your Cloud ERP solution (). Developing an expected ROI requires that you take several factors into account.
One of the main things to keep in mind is that, unlike on-premises deployments with up-front hardware and software acquisition costs that are considered capital expenses, Cloud ERP subscriptions should be calculated as operating expenses.
For a breakdown of the other factors you should be considering when calculating the ROI of a cloud ERP solution, attend our 30 minute webinar on May 14th. .
By Socius, an ERP Partner in Ohio (www.socius1.com)