Uncover the Perks of a Software-as-a-Service ERP Solution

July 31, 2012 - PRLog -- A growing number of companies are looking at alternatives to traditional, on-premise ERP solutions. Many are turning to a Software-as-a-Service solution because it provides affordable access to technologies that are transforming the way businesses operate.

Unlike the traditional method of purchasing ERP software licenses, the Software-as-a-Service software model allows for the ERP software package to be rented or licensed. The ERP software is either hosted on the developer’s web server or a third-party provider commonly referred to as an application service provider.

SaaS solutions are becoming increasingly sophisticated and offer comparable functionality to on-premise ERP solutions. SaaS solutions are gaining traction as CIOs and CFOs are looking for better usability, speed of deployment and lower initial costs.

Top 5 Benefits of Software-as-a-Service ERP Solutions:

1) Lower Total Cost of Ownership
There is no initial need for an IT infrastructure which eliminates up-front costs as well as long term software and hardware upgrades. Business don’t need to invest in the peripheral resources and technology to support an on-premise solution. SaaS solutions are typically paid in a set monthly or annual fee which is easier to incorporate into a budget than a large one-time outlay.
   
2) Fast and Easy Implementation
On-premise solutions are time-consuming and can place a huge strain on IT departments. With SaaS, applications are implemented and deployed quickly and easily. Because implementation is rapid, customers achieve a faster return on their investment.
   
3) Decreased Reliance on IT Staff
SaaS ERP solutions eliminate the additional staff resources needed to support the application on an ongoing basis which allows internal IT staff to concentrate on tools for strategy and competitive advantage.
   
4) Faster Upgrades and Improvement Cycles
Software-as-a-Service solutions automatically update new functions and features so users gain immediate access to the latest innovations.
   
5) Decreased Risk
The SaaS ERP model shifts the burden of keeping an application up and running from the customer to the vendor. The economies of scale associated with SaaS solutions allow vendors to make greater investments in skilled staff and technology than individual companies.

TITAN GS (http://ttpartners.com) provides ERP software in a SaaS option, giving companies an alternative to the expensive and labor intensive process of building and maintaining an IT infrastructure.

With Software-as-a-Service solutions, TITAN GS enables companies to leverage state-of-the-art software without the traditional significant upfront investment in software licenses, hardware and support.

TITAN GS delivers world class Oracle eBusiness Suite , PeopleSoft Enterprise, JD Edwards EnterpriseOne, and Hyperion in the subscription model. TITAN GS is also a leader in providing Financial and Human Capital Management functional expertise on the Oracle platforms.