Over the last three years, well over half of U.S. companies have elected to take advantage of one or more cloud-based solutions or services, but critical business functions like accounting and enterprise resource planning (ERP) often remain on premises.
Whether companies have concerns stemming from a perceived lack of control, data security, the ability to integrate with other applications or migration costs, many companies are still questioning whether the cloud is right for their most critical processes and financial data.
As host to the largest Microsoft Dynamics customer base in North America, and the leading provider of Dynamics ERP in the cloud, Tribridge created this guide to help decision makers choose the right deployment model for their accounting and ERP solution, including key considerations and steps specific to cloud ERP.
WHAT IS CLOUD COMPUTING?
The concept of the cloud is simple: It is the delivery of on-demand IT business solutions with limited upfront capital expense or internal technical knowledge.
Cloud computing enables companies to access enterprise systems over the Internet without having to purchase, house or support the server infrastructure.
Cloud computing vendors provide the platform, security and software expertise as a service, which frees companies to focus more on strategic initiatives.
Companies that have already embraced cloud computing are realizing the benefits of agility, scalability and specialized IT expertise with a lower capital outlay.