Reasons Why Your Business Should Switch to a Cloud-Based ERP System.

Reasons Why Your Business Should Switch to a Cloud-Based ERP System.

1. Cloud systems usually require less initial capital.

On-premises ERP systems have a reputation for cost overruns and difficult implementations, a large number of projects have resulted to failure. However, businesses and ERP vendors learned from these missteps, and the new generation of cloud-based ERP systems such as SmartERP use the SaaS model to provide software that sidesteps many common financial pitfalls.

This approach has numerous financial advantages because it turns ERP systems from a capital cost into an ongoing operating cost, thus preventing the need for large-scale capital upfront. This type of approach can be a lifesaver for small businesses that need to scale quickly but don’t yet have the capital to invest in their own server rooms and hardware infrastructure.

 

2. A cloud ERP system is a safer and more secure place for corporate data.

Security is a top concern with cloud-based applications, and it’s one of the biggest reasons that some businesses are still using on-premises ERP systems. This is caused by a widespread perception that the cloud can’t provide the stability or security of an on-premises ERP system.

For those organizations who still employ on-premises ERP systems, these systems in the near future will become increasingly obsolete. it is vital to note that cloud systems put more security responsibility on the shoulders of employees especially managers. Since a cloud-based system gives many employees access to ERP data anytime and anywhere, the responsibility falls upon these employees to avoid potential security risks such as exposing data on unsecured public Wi-Fi networks. These dangers can, of course, be mitigated with proper training, but businesses should be aware of them when transitioning to cloud-based ERP.

For businesses that want an extra layer of assurance, employing a third-party security consultant to evaluate a cloud provider’s security measures can be a good investment. Security consulting can also give businesses insight about how to implement best practices for data protection in their training procedures.

 

3. Updates are a considerably faster and easier process in cloud-based software.

The update process is another area where cloud ERP systems offer major improvements over on-premises ERP. All ERP software requires periodic updates to fix security vulnerabilities, improve performance and more. In on-premises ERP systems, this can be a long process that consumes significant IT labor resources and can involve production interruptions. Most problematic of all can be incompletely-applied updates, in which various users and departments end up with different versions of the software after an update. In a SaaS ERP system, software updates are deployed from the manufacturer or vendor’s cloud servers, removing the burden of constantly updating the system from overworked IT departments. Security patches, software updates, new modules and more are largely installed automatically — usually in the background, this process allows employees using the system experience minimal disruption. Version inconsistencies are both much less frequent and easier to address, as the service provider’s team usually has the ability to access and update any user’s account remotely.

 

4. Cloud ERP systems help unlock the power of mobile devices.

The mobile device has long been an essential business tool, but cloud-based ERP supercharges their power and allows sophisticated access and control through ERP-enabled mobile devices. One feature of cloud ERP that makes it perfect for mobile systems is its ability to offer centralized access to data from across an organization, but in a decentralized manner that removes traditional barriers to efficiency.

Organization decision makers now have the power to instruct and make vital decision concerning day to day operations any where at any time.

 

Connect with our SmartERP Platform team to learn how our ERP software can help your business grow.

Feel free to visit our website at https://smarterpplatform.com. To book a live free demo, reach out to us on smarterp@itl.co.tz or call us at +255 719 060 679.

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Why the Future of Businesses is in the Cloud?

Why the Future of Businesses is in the Cloud?

Data is king. That’s now the mantra of almost every industry whether its distribution, manufacturing, tourism and even Government sector. Access to data matters because it can provide a business with key insights on areas of weakness, strength, and opportunity. Using the right data, you can analyze what’s working and what isn’t within the company and take immediate action on those numbers.

ERP systems like Smart ERP are excellent at providing a comprehensive view of that data, showing you how one area of the company is directly impacting another. Cloud-based ERP systems take it a step further by providing instantaneous data, so you can respond even faster to issues or customer demands.

When everything is in the cloud, it’s easy to get these data updates from every department, no matter their location. As it has been noticed on the recent Covid19 pandemic most businesses were forced to work remotely and away from work offices, with the help of a cloud-based solution working remotely is very much of a possibility.

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The most common form that employers/Managers get from their active or retired employees is the NSSF adjustment form that they have received from the respectful institution. SmartERP has managed to reduce if not eliminate the hustle that the employer or managers have to go through upon receiving the adjustment form.

SmartERP is a system designed to reduce and eliminate unnecessary time-wasting activities like filling in the adjustment forms for the employees with a ready-made report that is available at any time. Connect with our SmartERP Platform team to learn how our ERP software can help you ease your trouble of preparing NSSF adjustment form.

Feel free to visit our website at https://smarterpplatform.com. To book a live free demo, reach out to us on smarterp@itl.co.tz or call us at +255 719 060 679.

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VAT E-Filing System Introduction for Tanzanian Businesses

VAT E-Filing System Introduction for Tanzanian Businesses

The introduction of VAT E-Filing system marks a new milestone for Tanzanian businesses, as the government continues embracing technology in Tanzania.

TRA now wishes to inform Value Added Tax registered traders that it has upgraded its electronic system of filing VAT returns. This will improve the process of filing VAT returns making it simple for taxpayers.

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TRA PAYE & SDL E-FILING

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As you may be aware, TRA has introduced an e-filing system from August 2020, which amongst many other things, requires Entities and Individuals to file their PAYE and SDL returns using this system from the month of August 2020. This means that you will be required to file your returns on or before 7th September 2020 using the new system.

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