When an organisation is choosing an ERP solution for managing the business, chances are that you will be bombarded with many options. As you go through all your options it is important to take the right decision. Choosing the right ERP that fits your requirements perfectly is not an easy task, many people make the mistake of deciding on a solution hastily. One of the most prime decisions anyone would need to make is whether to pick an On-Premise solution that's installed in your system or select a Cloud-based ERP.
In the initial years', businesses dealt with limited data and usually a small workforce, it's possible to manage limited data using spreadsheets. However, once the company starts to grow off the ground, the amount of data and work process also gets complicated. It gets difficult to keep everything in order and efficiency become difficult to achieve. Implementing ERP becomes an absolute must to facilitate communication between various departments, smooth out cross-departmental information and automate many routine tasks.