Migrating ERP to the Cloud

Migrating ERP to Cloud is a crucial decision for a company and it has widespread implications on every stage and aspect of business development. 

Is it possible to make a perfect solution to fetch the best results for business development by moving ERP to the cloud? 

Migrating ERP to the cloud environments creating a fertile environment for business growth, progress, and development. Think about a scenario where your business is gravely seeking help or looking for rejuvenation from a disastrous ERP solution that cannot be accessed remotely? Then it would be a significant disaster to see the same from an economic perspective. 

However, the rise of digital transformation has paved significant ways to improve the digital business experience and Cloud ERP is one of the power solutions where companies can experience higher data security and universal access without any significant bottlenecks. 

Many companies are uncertain to embrace the necessity of change and hesitant enough to move from their traditional platforms to the cloud and also ignorant about the higher end benefits of cloud solutions. Cloud solutions can act as a catalyst for better and easier business transformation.

Nevertheless, to say, there are several reasons which may hold back companies from migrating ERP  to Cloud solutions. We’ll be going to look at that trend from the periphery. 

Many businesses think that it is very scary to shift the entire business to a cloud ERP system because there are only a few stories that they can get put as a reference in front. The general notion which exists states that many organizations haven’t done this transformation so far, which creates an agony of a high-risk environment. And some consider the real ROI because they have invested money and time in developing the infrastructure, the ERP system architecture, personnel, and so much more. So they are into considering the real ROI while considering migration from ERP to cloud. 

And for some businesses, they had already invested millions into their ERP platforms and finding this migration a risky procedure, and some couldn’t keep up the pace with the additional investment that we need to add to the cloud migration. So as a result they are more likely to remain in the same atmosphere than migrating to a Cloud ERP system. 

ERP migrations are a complex process, requiring special attention and serious treatment. The failure of the migration process has an emerging risk across the total business process.  Many consequences may eventually affect the working of the system.  It is the preconditioned notions that are existing in the minds of business organizations but replacing these worries to get a better business advantage may create an authentic business output.

How to Place These Migrations in a Right Place?

These are some of the thoughts that work while moving your ERP business into cloud solutions.

• Understand the business and the way how the legacy ERP system works and offer specific benefits to the business.

• Identify the key gaps and what drives the migration.

• Find ways to make the process simple, agile, and scale.

• Try not to formulate complex solutions while proceeding to integrate entire new functions into your ERP system.

• Re-evaluate the gaps and functions to analyze the underlying landscapes including the questions of system housing inside a cloud system and to design the future of business.

• Finding a good partner to work with for achieving successful outcomes.

• Create a vision towards a target cloud solution.

How Cloud Migration Helps?

Today, the need for cloud business is on the rise, it is the key element for digital transformation. Cloud migration is regarded as the foremost step to achieve success and innovation during digital transformation. Migrating ERP to the cloud delivers you undeniable benefits, on system flexibility,  cost savings, and resilience which a cloud can provide

Cloud technology has instantaneous benefits to bring agility and bring a new framework for future industry functions and tailoring an environment for innovation across the entire enterprise. 

Companies that began their transformations are paving the way forward while others are looking for accelerated ways to migrate to the cloud and remain competitive in the new normal.

Cloud migration helps businesses to fit into shape with a  strategic design to operate on a resilient business platform. 

Cloud solutions also help the process realize higher-end business values, business growth speed,  reduced cost, enhanced capabilities, and innovation benefits.

Cloud solutions can enable industry-specific attributes that deliver the following service value to businesses. It helps in driving a full stack of services on spanning strategy, effective growth migration, greater adoption modernization, and a secure platform for data and business management within the right ecosystem to achieve digital transformational goals. 

The migration itself is a multifaceted approach with prime advantages on business growth and sustainable development. Unlike traditional applications, moving ERP to the cloud is a progressive way of achieving competitive results. 

Cloud migration delivers the best results in the following turns while comparing it with legacy ERP solutions.

• High paced and regular updates
• APIs to other systems
• Less impact due to changes and upgrades
• Agility
• No legacy effects

The Need for Working with a Right Partner

Decisions are indeed hard to make, we need to do the same without proper evaluation and analysis migration ERP to the cloud. Partnership with a good service providing company increases the likelihood of project success and ensures great business transformation. 

However, migration is a bit longer-term process with an underlined capability to transform business. It will revolutionize the way business operates on a digital economy platform. A good partner can help to challenge the associated bottlenecks and helps to grow your business in the cloud economy. It is not a nightmare to migrate ERP into the cloud with the best approach and good partners the project can make easily feasible yielding amazing business results with an undiminishing technology.

Top 6 Important Things to Consider Before Migrating ERP to Cloud

Migration is a risky attempt hence it yields outstanding best outcomes.  Some of these important considerations are stated below which increase the visibility of your understanding.

1. Set Solid Business Objectives

Migration is for getting the best results, we need to set up pre-designed business objectives to proceed with the migration. It is a best practice to owe a better trail on the risk factors to comprehend the business processes. We need to set up project goals and objectives.

2. Security

Security measures the highest. Cloud platforms are highly secured data platforms with universal accessibility and framework. Experts are highly opinionated about the data security offered in cloud platforms.

3. Compliance

Migration underlies higher risks. The risk can be a downturn by employing ways to mitigate security and associated compliance risks. And it needs to be resolved by taking predefined actions with a cloud partner and provider.

4. Disaster Recovery

Set a disaster recovery strategy before starting your cloud migration. Construct a system that can constitute an outage and fiscal penalties where it can take effect with a service-level agreement (SLAs) which can cover all these specifics.

5. Cost and ROI

Cost and ROI is one of the demanding grounds on moving ERP to the cloud. While proceeding cost-benefit analysis, the following factors should be kept on the board, especially the cost of human resources, hardware, fault tolerance, disaster recovery, and human resources. In terms of flexibility and scalability operating expenditure (OPEX) systems have limited capability to make advancements.  In comparison, the cloud subscription covers most of your costs.

6. Verification and Support

A cloud environment can significantly overcome the challenges that internal IT departments may face including difficulties in maintaining an environment to monitor the operations. MSPs or Cloud Managed Service Providers has the potential features to run validations in consummate with the business ecosystem. It also can optimize and manage the business asset in cloud environments with an incurred view on costs, infrastructure, and cloud performance and strategic operational platforms.

Strengthen or Benefits

The shift from ERP to cloud hostile tones of opportunities for the business to benefit from, the following are some of the best advantages that you can avail from migrating  ERP to the cloud.

1. Leverage New Functionality

Migration helps to leverage the business to access new functionalities and technologies. It helps in building a new system with inbound functionality to scale up the business and improve business strength with a competitive advantage.

2. Lower Operating Costs

By this migration from ERP to cloud, businesses can reduce associated operational costs on rendering business universally. It eliminates the errors in the manual process by replacing it with automation. It also reduces data inconsistencies. It also helps in reducing delayed business processes and also increases the business process efficiency.

3. Improve scalability

Cloud operating systems can scale up the business to the next level.

Migrating the ERP to the cloud can enhance these processes to take advantage of the process. It can never be active and common enough to stretch the functionality.

4. Increased Business Pace and Speed

The business has the great potential to back and forth the pace and speed of growth. The migration to the cloud accelerates the pace and speed of business. It helps business growth and resilience.

5. Easy Adaption to Business Changes

Businesses can easily adapt to business changes as they emerge. The dynamic business environment needs significant efforts on delivering the best results. Cloud migration facilitates the business to adapt to fluctuating business changes with ease.

Conclusion

However, decisions are hard to make when it comes to business but don’t dare to choose the best for your business. Migrating cloud to ERP always yields the best results. But always ensure to follow suitable ways to increase the feasibility of migration. Always choose the best partners with expert knowledge. Be a part of the finest business revolution to go in hand with digital transformation.

Jobin & Jismi help business leaders to achieve competitive advantages by helping you to implement NetSuite ERP, the 1 cloud ERP solution. We assist enterprises with NetSuite administration, NetSuite optimization, NetSuite implementation as well as SuiteCommerce. Our expert team is on your reach. Schedule a call with our NetSuite consultants by dropping a message to contactus@jobinandjismi.com