What is the difference between cloud and on-premise ERP?
On-premise
VS
cloud ERP
Cost
On-premise ERP
Upfront CapEx + Additional expenses
Cloud ERP
Monthly fee based on pay as you go model
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System performance
On-premise ERP
Depends on the internal architecture
Cloud ERP
Depends on a cloud provider
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Customization
On-premise ERP
Complete and purpose built
Cloud ERP
Limited
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Data visibility and control
On-premise ERP
Full
Cloud ERP
Partial
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Data Compliance
On-premise ERP
Easier to achieve
Cloud ERP
Harder to achieve, limited to popular compliance standards
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Integration Capabilities
On-premise ERP
High connectivity with internal systems
Cloud ERP
Limited connectivity based on the available integration modules
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Updates
On-premise ERP
Performed manually by an in-house team
Cloud ERP
Performed automatically by the vendor.
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Accessibility
On-premise ERP
Available remotely via remote desktop or VPN
Cloud ERP
Accessible from everywhere
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