Cloud ERP Benefits: Accurate Data in Cloud-Based ERP Solutions

This report provides a comprehensive analysis of Cloud ERP solutions, contrasting them with SAGE L50 for planning procurement, sales, and manufacturing. It examines the advantages of Cloud ERP, such as reduced costs, real-time collaboration, and improved security, over the limitations of SAGE L50. The report also analyzes the features of Oracle Cloud ERP, highlighting its accessibility, ease of use, and integration capabilities for supply chain managers in SMEs. Furthermore, it critically evaluates the benefits of accurate data within a cloud-based ERP solution, emphasizing enhanced performance, security, and decision-making. The conclusion reinforces the importance of Cloud ERP for managing organizational functions and leveraging big data solutions.

Report

Table of Contents
INTRODUCTION...........................................................................................................................1
Advantages of using a cloud ERP to plan for procurement, sales and manufacturing in
comparison to SAGE L50................................................................................................................1
Analyse the features of Oracle to a supply chain manager of the SME manufacturer....................2
Critically evaluate the benefits of accurate data for a cloud-based ERP solution...........................3
REFERENCES................................................................................................................................5
Books and Journals......................................................................................................................5

INTRODUCTION
Cloud ERP refers to the software as a service which permits users to access the enterprise
resource planning with the help of network and internet. It helps companies in getting access to
the business. It is critical to the applications anytime and anywhere. The selected cloud enterprise
resource planning software for the current case study is the Oracle enterprise resource planning
software. It is a software application which was introduced by the Oracle Corporation in 2012. It
administers the enterprise functioning which includes accounting and financial management
along with the project management and procurement (Elbahri, Al-Sanjary, Ali and Mohammed,
2019). The following discussions based on the advantages of using the cloud ERP to plan for
procurement in comparison to sage line 50. The following report also reviews the features of
practical to a supply chain manager and the benefits of accurate data for a cloud based ERP
solution with conclusion.
Advantages of using a cloud ERP to plan for procurement, sales and
manufacturing in comparison to SAGE L50
There are several advantages of using the cloud enterprise resource planning to plan for
procurement and sales are wrong with the manufacturing in comparison to sage 50. Such as
cloud enterprise resource planning systems help the organization in the reduction of hardware
maintenance and energy cost. It is inexpensive in nature and cost-efficient so that the funds can
be saved and invested in some other useful areas. Moreover it supports in collaborating the
business critical information on a real time basis. It is time efficient as well because there is less
time which is spent on the upgrade and backups with good security in the information systems. It
facilitates several options for creating the additional users in a quick and easy manner without
any complications for better comfort users and organizational functioning. Cloud enterprise
resource planning helps in access to the latest cloud tools and technologies which supports the
organization in adopting the advancement in technologies within the company for better working
and good productivity within the company (Kakkar, 2021). Cloud enterprise resource planning
software helps in collaborating with different teams in different locations which means that it
provides the flexibility in mobility anytime and anywhere from the business location. It contains
records which know every area of the business and helps in better decision making by using
variable type data and converting the raw data into useful information for strategic future
consideration. It avoids the upfront cost for the computing infrastructure for example hardware
and data servers. Avoiding the attacks on the server of the company so that the data stored on a
local basis cannot be lost or breached. It has the confidence of being backed up on a quick basis
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and with the disaster recovery plan. Disadvantages of sage 50 used in the case study currently by
the organization as such that it is very difficult and time consuming to set up. Because every
business is required to find out the suitable sage for their operations but the current case study
using sage is not effective for the company. It is not easy to use for the staff because staffs need
good training and development in order to operate the software. There are many features in the
software which are complicated which becomes cluttered and results in the imposing if the
system is not customized. It has the lack of efficiency and security concerns in the form of
financial data along with the lack of documentation and poor customer service. These are the
advantages of using a cloud enterprise resource planning over the sage 50 and that is why the
organization must use the cloud enterprise resource planning rather than safety for effective and
efficient functioning with an organization because it is suitable for the actual working of the
company (Hadidi, AL-RASHDAN, HADIDI and SOUBHI, 2020).
Analyse the features of Oracle to a supply chain manager of the SME
manufacturer
There are several features of Oracle enterprise resource planning cloud. Access is one of the
features of Oracle enterprise resource planning cloud. It means that it can be accessed from
anywhere and anytime on any smart device which benefits the employees when the required
flexibility in accessing the data in their normal routine working schedules. Ease of use is another
feature of Oracle enterprise resource planning cloud. This is software which gets updated
automatically without any cost and pain related with the new releases and are comparatively less
from other sage 50. Updates are also one of the features of Oracle enterprise resource planning
cloud (Lisdorf, 2021). This is software which gets constant and automated software updates on a
frequent basis for better safety and security of big data management and prevention from data
losses and breaches. Cost is also another feature of Oracle enterprise resource planning cloud.
This is the software which allows the company to quickly achieve new functionality at a lower
price. It means that the software is quick in adopting the new functions for the benefit of the
organization and the minimum prices which are efficient in nature. Licenses are one of the
features of Oracle enterprise resource planning cloud. This is software which has zero upfront
license charges and also lowers the cost of maintenance. It facilitates the company in an easy
documentation process without any complications and comfortable procedure of the entire
installation and implementation of the software. Architecture is another feature of enterprise
resource planning cloud. is the software which enables the large range of application integrations
and renders the secure architecture capability (Razzaq and Mohammed, 2020). It means that it
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has the feature of collaboration among the different types of applications so that the capabilities
of security architecture and application integration can be maintained. Integration is also one of
the features of Oracle enterprise resource planning cloud. This is software which maintains the
complexities in integrations and administers the movement of bulk data with good security and
safety systems. It provides an easy and convenient framework of data management from one
place to another. Convenience is also another feature of oracle enterprise resource planning
cloud. This is software which has the marketplace in an online repository which is devoted to the
business applications of cloud and its professional services to the organizations. It helps in
deployment of the best solutions as per the needs and requirements of the business and also
aligns with the goals and objectives of the organization. Infrastructure is also another feature of
Oracle enterprise resource planning cloud. This is software which has the infrastructure that
leverages the partner capabilities in order to help in the deployment of the most suitable solutions
according to the business requirements. User interface is another feature of Oracle enterprise
resource planning cloud. This is a software which makes the Oracle cloud applications user-
friendly which offers the natural experiences and simplicity in working so that the quicker and
simpler responses can be featured in order to perform the most back office functions and major
operations in the company (Prasetyo and Soliman, 2021).
Critically evaluate the benefits of accurate data for a cloud-based ERP
solution
There are several benefits of accurate data for a cloud-based enterprise resource planning
solution. Such as it boosts the ERP performance in line by lowering the operating cost. It helps in
the enhancement in security and real-time analytics in the company. It has the superiority of
UAT and API testing which provides the flexibility of access. It has easy scalability for every
stage of growth in the company and also requires fewer technical resources for the
implementation and execution of software. It provides service support at all times with low
entrance barriers. It has all nonstop geographic accessibility with good reliability and boosted
productivity. It helps in making the crucial business decisions with better management of orders
and efficiency along with the paper free accounting. It helps in the improvement in the time
delays and resources for the company. All these benefits are for the small and medium
enterprises as per the given case study (Alsharari, Al-Shboul and Alteneiji, 2020).
CONCLUSION
It is concluded that cloud ERP solution is an important concept to learn and study so that its
applications can be applied in real world organizations. This is because it manages the entire
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functioning of the organization along with the big data solutions and financial management.
Therefore the above information is based on the advantages and features of Oracle as per the
given case study. Hence this report covers all such areas in order to better understand the
conception of cloud enterprise resource planning software.
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REFERENCES
Books and Journals
Alsharari, N.M., Al-Shboul, M. and Alteneiji, S., 2020. Implementation of cloud ERP in the
SME: evidence from UAE. Journal of Small Business and Enterprise Development.
Elbahri, F.M., Al-Sanjary, O.I., Ali, M.A. and Mohammed, M.N., 2019, March. Difference
comparison of SAP, Oracle, and Microsoft solutions based on cloud ERP systems: A
review. In 2019 IEEE 15th International Colloquium on Signal Processing & Its
Applications (CSPA) (pp. 65-70). IEEE.
Hadidi, M.A.M.O.U.N., AL-RASHDAN, M.A.E.N., HADIDI, S. and SOUBHI, Y., 2020.
Comparison between Cloud ERP and Traditional ERP. Journal of Critical Reviews, 7(3),
pp.140-142.
Kakkar, P., 2021. Business transfomation with cloud ERP. International Journal of Management
IT and Engineering, 11(3), pp.27-31.
Lisdorf, A., 2021. Oracle. In Cloud Computing Basics (pp. 57-66). Apress, Berkeley, CA.
Prasetyo, Y.T. and Soliman, K.O.S., 2021, April. Usability Evaluation of ERP Systems: A
Comparison between SAP S/4 Hana & Oracle Cloud. In 2021 IEEE 8th International
Conference on Industrial Engineering and Applications (ICIEA) (pp. 120-125). IEEE.
Razzaq, A. and Mohammed, A.A., 2020. Cloud ERP in Malaysia: Benefits, challenges, and
opportunities. International Journal, 9(5).
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