The world is changing at a rapid rate and business competition is fierce. To make gains in this dynamic environment, while promoting scalability and growth, consider replacing your legacy on-premise systems with cloud-based software. This can provide real-time visibility into your organization from any location, to support well-informed decision making. Here are a few key reasons to make the switch from using Microsoft Dynamics GP on-premise to Azure cloud.
Your organization is under pressure to evolve – Your competitors are announcing new products. Your customers are demanding improved service. Your stakeholders are holding you to higher and higher standards. In order to meet your growth goals, you must adjust your business operations. This requires breaking down silos between the various departments within your organization, such as those between sales, marketing and customer service. It also requires having up-to-date visibility into your organization to make decisions fast. Moreover, with the growth of the remote workforce and more sales happening in the field, the ability to access your data from anywhere in the world is arguably the number one benefit of storing it in the cloud.
The cloud is now the standard for contemporary businesses – Cloud computing is now 10 years old. What started off as an experiment is now the de facto standard for technological disruption. According to Gartner, “By 2020, anything other than a cloud-only strategy for new IT initiatives will require justification at more than 30% of large-enterprise organizations.” A 2013 survey by the Cloud Accounting Institute revealed that on-premise software is no longer dominant in accounting. About 75% of respondents used a cloud solution and 82% intended to use cloud accounting solutions in the future. That was five years ago. So if, in 2018, you still haven’t made the switch to the cloud, you’re likely far behind your competitors.
On-premise systems are more costly than cloud solutions – Microsoft Dynamics GP is cost effective when used on-premise compared to outsourced solutions. However, companies can realize even greater cost savings when moving GP to the Azure cloud. Hardware, middleware, database licenses and implementation fees are the most significant costs associated with on-premise. When hosting on the cloud, most if not all of these costs are reduced or eliminated. Moreover, most budgets allocated to on-premise systems are spent on maintenance and Administration, with very little spent on upgrades and innovation.
With on-premise ERP systems, IT departments get bogged down with maintenance, upgrades and integrations instead of focusing on the more strategic needs of the organization. In order for a business to grow, its IT infrastructure must evolve. By making the move from on-premise to a cloud-based application of Microsoft Dynamics GP, you’ll realize a more cost-effective solution to help accelerate growth.
