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Enterprise resource planning products are softwares that operate the accounting management of a company. SMEs can manage their company with this solution to get hassle free company management. ERP solutions have been boons to the industry to allow them operate their company for any method. Earlier when there were no softwares, the process of commerce management was done by accountants and bookkeepers while now the development of software solution has made the process automatic. The accounting management softwares are automated products with pre-defined features and functionalities. The ERP solution serves’ great purposes to the industry to enable businesses achieve success and make best management of the trading. There are many features and modules of the ERP solution therefore a customer can get customized solution based on request. Customers should contact the company that markets the solution to get the license copy of the software. Once the software has been purchased, the process of company management get simplified, quick and faster.ERP software solution usage:The ERP solution was dedicated to small sized firms which later embraced by others and following this onwards, today SMEs use the ERP solution to operate their global organization. An organization can have it’s headquarter in a city but can eventually be used to operate the multiple business locations. ERP solutions have features for better management of finances and commerce. One of the common features of the ERP solution is the ability to integrate with any application. The integration feature makes accounting process easier. Users can define the data source and the applications can integrate seamlessly to retrieve the data. ERP application also allows multiple users of a company to collaborate on the real time system. Businesses can get the user access upgraded based on requirements. Cloud ERP solution is web hosting of the application while desktop hosting of ERP application is in-house operated. The local hosting is secure and reliable to businesses and managed by professionals. It is a legacy system that runs successfully on many servers while it has eventually more operating cost. Clients have to manage infrastructure, maintenance, IT and other costs to keep the ERP solution operating thus making trading and commerce faster and efficient.Cloud ERP solution when hosted on remote servers, are managed by cloud hosting service providers. The hosting providers operate ERP application online to provide the enterprises complete protection. The web hosting is managed with bank level security which means the cloud ERP solution is very secure and can be accessible by only authorized users anytime anywhere. The users with a secure login can access the web hosted ERP solution as they have freedom of access and freedom of device. Cloud hosting of ERP is a low cost solution to enterprises that is available on subscriptions. The subscription service does not have a contractual agreement which means clients can use the online application until required. ERP cloud service is accessible to authorized users anytime anywhere which is active just as Google services. Hosting providers manage cloud services online with security, backups and support.
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