Utilizing a cloud-based system, many small-to-medium sized businesses (SMBs) can overcome the barrier that has kept them from implementing an Enterprise Resource Planning (ERP) solution—cost. A cloud-based system requires no infrastructure investments such as servers, hardware and software updates.
It requires fewer personnel to maintain, and doesn’t require the expenses associated with upgrading—since the software is always current. With cloud solutions, the upfront fees can be dramatically lower than a legacy or “on-premise” ERP system. Monthly costs are based on a “subscription” type service and are much more predictable.
Since your data is stored off site, you do not have to pay monthly server back-up fees.
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SOURCE ECI Software Solutions