If you're looking for an ERP system for your business, then you're most probably being overwhelmed by choices. One of the most important decisions you'll need to make is whether to select a cloud-based ERP solution or one that's installed locally.

The basic difference between on-premise ERP (Installed Locally) and cloud ERP is clear: On-premise ERP solutions are installed locally on your company's servers and then managed by your IT or accounting staff while cloud ERP (also called SaaS, or Software-as-a-Service) is provided as a service. With this type of deployment, a company's ERP software and its data are managed centrally (in the "cloud") by the ERP supplier and are accessed by customers using a web browser or a application platform connected to the cloud.

What may not be so clear is that the type of ERP deployment model you choose can have a significant impact across your business. On the table below we try to expand on both ERP Software & Cloud Computing: 

ERP Software Diagram cloud Computing Diagram

Examples of ERP system modules include: product lifecycle management, supply chain management (for example purchasing, manufacturing and distribution), warehouse management, customer relationship management (CRM), sales order processing, online sales, financials, human resources, and decision making support systems.

Read more about ERP Software

Cloud computing is shared pool of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the web. Cloud computing relies on sharing of resources to achieve coherence and economies of scale similar to a public utility. 

Read more about Cloud Computing

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As Softone ERP Implementators and Partners we recommend Soft1 Series 5 as the best platform to deploy your ERP & CRM solution.

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