Using an ERP system is the easiest way of connecting all the nodes of an organization. It helps in improving operational efficiency, controlling costs and thereby increasing profits.
The basic difference between On-premises and Cloud-based ERP is in how the software is deployed and accessed. On-premises ERP software is installed on computers and servers that are owned, or leased. Cloud-based ERP is deployed on the cloud (servers owned or leased by the vendor) and accessed through a web browser. The SaaS (Software as a Service) model allows companies to pay and use the service.