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How Erp Can Be Value Added And Potential Risks Involved During The Implementation Of A Cloud Based Erp Solution

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Assignment Question 2

How ERP can be value-added and the potential risks involved during the implementation of a cloud based ERP solution

Executive Summary
According to Joseph M. Mula’s article, “there was a recent announcement that several ERP providers have pronounced to become significant players in cloud computing. They were all shifting from being software as a service (SaaS) provider to a platform as a service (PaaS) provider. They started to incorporate mobile platforms such as iPads and smartphones to deliver users access to applications and on-demand any relevant information according to their needs.”9
Nowadays, cloud ERP possesses an incredible growth in the current market. A Value-Added Reseller (VAR)
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ERP has the ability to modernize distinctive organizational processes and flow of one task to another. Likewise it has the ability to readily interconnect information across various departments. To add on, ERP increases the satisfaction rate of customers thereby providing excellent customer service. Moreover, ERP enables the management to readily available to the real time information in order to make the appropriate decisions. ERP improves efficiency, performance and productivity levels of all the business operations too. The organizations can track and perform better future forecasting with the help of ERP.
The Value Added Resellers (VARs) is an upcoming segment of cloud computing. Majority of the most vendors belongs to the category of Small & Medium Businesses and they choose to resell cloud services. The one of the main issue for them is to differentiate their service assistances.
Definitions
Enterprise Resource Planning (ERP) – According to Joseph M. Mula’s Blog, “It is a system that integrates all aspects of an organization’s activities into one Accounting Information System (AIS).”9
Cloud ERP – This software helps companies manage and integrate all the important parts of its business. A web based ERP management information solution integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc. It is often referred to as an online, web based, hosted, Internet based, ASP or even software-as-a-service (SaaS) ERP
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