Navigator SAP Blog

What Is the Purpose of SAP Cloud ERP?

Written by Lance Hall | Jun 24, 2022 9:07:00 PM

Managing your business functions can be easy, thanks to the emerging enterprise resource planning solutions (ERPs). SAP Cloud ERP solutions, which have become an integral part of many companies. This article will tell you everything you need to know about SAP Cloud ERP solutions for growth-minded organizations.

Summary

SAP Business Suite is a platform of critical business applications that centralizes and streamlines business processes with built-in AI, machine learning, and analytics. Delivered via the cloud, it integrates with existing systems for faster deployment, easier maintenance, and remote accessibility. Compared to on-premise ERP, it lowers the total cost of ownership by eliminating hardware and infrastructure while scaling with business growth. Fit-to-standard industry solutions help organizations across finance, manufacturing, consumer products, supply chain, and professional services modernize operations and unlock business value. In this article, we will discover the benefits of SAP in the cloud.

What Is SAP Cloud ERP?

SAP Business Suite encompasses the core cloud ERP application, SAP Cloud ERP. SAP Cloud ERP is a complete enterprise resource planning (ERP) system with built-in intelligent technologies, including AI, machine learning, and advanced data analytics.

SAP also comes with a fit-to-standard solution delivered by Navigator Business Solutions, designed for easy implementation in different industries such as finance, manufacturing, consumer products, supply chain, and professional services. It's the preferred platform of many growth-focused businesses, and its Private Edition solution is used by large companies like Amazon, Apple, and Toyota.

SAP stands for Systems, Applications, and Products. Because SAP Cloud ERP is cloud-based, it enables users to manage business processes at lightning speed. It also offers cloud computing solutions that integrate with existing business infrastructure. Why do companies move to cloud-based ERP solutions? Compared to on-premise platforms, cloud-based ERP solutions are faster, more reliable, and easier to maintain.

A cloud versus on-premise cost comparison reveals that a cloud-based ERP solution like SAP reduces the cost of running a business because it allows you to manage your processes with a web browser and an internet connection. On-premise ERP solutions require companies to set up an expensive infrastructure on their premises, but cloud-based solutions allow you to manage your business using third-party resources.

Benefits of SAP Cloud ERP

Your enterprise can benefit immensely from an SAP Cloud ERP solution. By moving core business processes to the cloud, organizations gain greater efficiency, flexibility, and visibility across the entire operation. Below are the key benefits your business will experience when incorporating SAP Cloud ERP into daily operations.

  • Reduced Cost: SAP Cloud ERP significantly lowers the total cost of ownership compared to traditional on-premise systems. There is no need to invest in expensive servers, hardware, or data center infrastructure. Costs associated with installation, upgrades, maintenance, security patches, and energy consumption are handled by the service provider. Instead of large upfront capital expenses, your organization benefits from a predictable subscription-based pricing model, allowing for better budgeting and financial planning.
  • Scalability: SAP Cloud ERP is designed to scale effortlessly alongside your business. As your customer base grows or your operations expand into new regions, the system can easily accommodate increased users, data volume, and functionality. There’s no need to purchase or install additional hardware; new capabilities can be enabled as needed, ensuring your ERP system evolves at the same pace as your organization.
  • Accessibility: With SAP Cloud ERP, your business processes are accessible anytime, anywhere. As long as you have an internet connection, you can securely access real-time data from a laptop, tablet, or smartphone. This enables remote work, supports distributed teams, and empowers decision-makers with up-to-date information no matter where they are located.
  • Real-Time Data and Insights: SAP Cloud ERP provides real-time visibility into your financials, supply chain, operations, and customer data. Advanced analytics and reporting tools allow leadership teams to make faster, data-driven decisions. With accurate insights available instantly, your organization can respond quickly to market changes and emerging opportunities.
  • Automatic Updates and Innovation: Cloud ERP solutions are continuously updated by SAP, ensuring you always have access to the latest features, security enhancements, and compliance updates. This removes the burden of manual upgrades and reduces system downtime, while allowing your business to benefit from ongoing innovation without disruption.
  • Enhanced Security and Compliance: SAP Cloud ERP includes enterprise-grade security, data encryption, and compliance measures built into the platform. SAP continuously monitors and enhances security protocols to protect sensitive business data and meet regulatory requirements across industries and regions, often exceeding what many organizations can achieve on their own.
  • Improved Collaboration and Integration: By centralizing data in a single cloud platform, SAP Business Suite improves collaboration across departments and locations. Teams work from one source of truth, reducing data silos and miscommunication. The system also integrates easily with other SAP solutions and third-party applications, creating a seamless digital ecosystem.
  • Faster Implementation and Time to Value: Compared to traditional ERP systems, SAP Cloud ERP offers faster implementation timelines. Preconfigured best practices and standardized processes help organizations go live more quickly, allowing them to realize value sooner and stay competitive in a rapidly changing market.

Unlock Business Value with Cloud ERP

SAP Cloud ERP empowers your organization to streamline and unify operations across finance, supply chain, manufacturing, and more; all within a single, secure, and customizable platform. With real-time visibility and anytime, anywhere access, your teams can collaborate more effectively, make smarter decisions, and stay agile as your business grows and evolves.

Discover how SAP Cloud ERP can help you scale, modernize, and drive long-term success. Speak with one of our experienced ERP consultants by calling (801) 642-0123 or emailing us at info@nbs-us.com.