SaaS-Based ERP Empowering Smaller Manufacturers and Distributors
According to a recent report from Research and Markets, SaaS-based enterprise resource planning (ERP) software
revenue will experience a compound annual growth rate of nearly 25
percent between 2010 and 2014. A key factor driving this adoption is the
low initial investment required to implement SaaS ERP software.
Other important factors include speed of deployment, lack of
maintenance concerns, ease of data management, and the ability to scale.
For small and mid-sized manufacturers and distributors, the nature of
the marketplace is demanding that they participate in value chains with
a level of sophistication (i.e., providing granular detail in meeting
requirements and understanding their own business processes) formerly
the exclusive domain of their larger corporate partners and
competitors. This is the new reality.
The efficacy of point solutions (e.g., QuickBooks) or homegrown
solutions typically used by these smaller concerns simply won’t cut it
moving forward in today’s economy. So more small and mid-sized companies
are turning to ERP— a solution they may have thought of as too esoteric
or expensive in the past—as an essential tool for their future
vitality. For many, that tool has become accessible through its
implementation as Software as a Service (SaaS).
Epicor Cloud ERP is the SaaS-based on-demand version of Epicor’s
award-winning, next-generation ERP solution. Since its release in Q3
2010, its growth confirms the increasing need among small manufacturers
and distributors for the powerful functionality ERP provides. Epicor SaaS ERP now supports more than 80 customers worldwide with core manufacturing functionality out of the box.
This is not only a validation of the solution and its cloud-based
delivery, it’s a strong indication of how smaller manufacturers and
distributors are turning to ERP in lieu of their older approaches to
managing resources. Forced to face the new challenges of today’s
competitive and often volatile markets, they are not being fooled by
Posted by the Epicor Social Media Team