Enterprise Benefits of SaaS ERP Application Development

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Enterprise Benefits of SaaS ERP Application
Development In 2022
In todays competitive business environment, all
enterprises are willing to go above and beyond in
order to thrive and prosper. That said, ERP
application development has become a requisite
need for businesses to sustain the cutthroat
competition prevalent in all major industries.
Without a doubt, ERP implementation seems like a
tried-and-tested approach to boost workplace
productivity and achieve higher operational
efficiency. Nevertheless, it is critical to
choose the right tech stack and software platform
to extract maximum benefits from ERP software
development. A majority of ERP applications today
run on single or multi-tenant SaaS architectures
as opposed to traditional on-premise systems. It
is because of the apparent benefits of cloud
computing that SaaS ERP applications bring to the
table. Evidently, SaaS ERP application
development renders a great deal of flexibility
and interoperability to enterprises by harnessing
the advanced software capabilities of the
cloud. Here, we shall delve into the key benefits
that enterprises can avail through SaaS ERP
application development in 2022. Subsequently, we
shall talk about the two main types of SaaS
architectures i.e single-tenant and multitenant
software-as-a-service. Benefits of SaaS ERP
Application Development A majority of enterprises
today prefer developing or purchasing SaaS ERP
solutions rather than setting up traditional
on-premise systems. In addition to the apparent
cloud advantages like flexibility, scalability,
and data security, SaaS ERP development
significantly reduces hardware-related
complexities. Since SaaS ERP applications are
built on top of a cloud, enterprises do not need
to maintain a complex hardware infrastructure. As
a result, it significantly reduces operational
costs as well as software maintenance costs for
various enterprises. Let us move ahead and
discuss these benefits offered by SaaS ERP
application development in more detail.
Better Data Accessibility
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SaaS ERP application development ensures that you
get seamless access to business data with minimal
hardware/software constraints. Unlike onpremise
ERP systems, you no longer have to rely on
excessive hardware equipment since the data is
safely stored on the cloud. All you need is a
stable internet connection and a compatible
device to access your mission-critical business
data at any time. Flexibility and
Interoperability SaaS-based ERP applications
offer a great deal of flexibility and scalability
to address the dynamically changing business
needs and requirements. Here, the cloud service
providers take care of all backend-related
complications whenever scaling is required. You
simply need to change your subscription plan to
scale up or down as per your current business
needs. Enhanced Data Security SaaS ERP solutions
render top-tier protection against all types of
online threats including DDoS attacks, SQL
injection, phishing, brute force attacks, and the
likes. Furthermore, it strengthens data security
and privacy by enforcing multi-step user
authentication and authorization mechanisms.
Above all, your sensitive business data is
adequately protected via end-to-end encryption
and cloud-based firewalls that block malicious
entities from breaching your company
database. Cost Effective Solution Since the
application data is stored on remote cloud
servers, you do not need to set up a complex
hardware infrastructure. As a result, it reduces
software implementation costs while also bringing
significant cost savings in the long run.
Besides, you do not have to bear any software
maintenance costs which also delivers long-term
benefits in terms of cost efficiency. Thus, it is
quite evident that SaaS ERP applications are more
affordable than their onpremise
counterparts. Ease of Integration Another major
benefit of SaaS ERP application development is
the ease of integration with proprietary and
third-party business applications. A majority
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of SaaS applications seamlessly integrate with
different types of business modules,
applications, services and disparate software
systems. As a result, you get a great deal of
flexibility to streamline complex processes and
centrally manage diverse business applications
with minimal complexities. Types of SaaS
Architectures When it comes to SaaS ERP
application development, enterprises usually have
to choose between single-tenant and multi-tenant
SaaS architectures. Having said that,
single-tenant SaaS applications are generally
expensive due to their single-user configuration.
On the contrary, multi-tenant SaaS solutions
could be relatively cost-effective as multiple
users share a single instance of the given
software. For this reason, a majority of
small-to-medium businesses prefer multi-tenant
SaaS architecture for enterprise resource
planning. Whereas, single-tenant SaaS ERP
solutions are best suited for enterprises that
are more focused on data security and
privacy. Why Choose Oodles For SaaS ERP
Application Development? We are a 360-degree ERP
development company that specializes in building
custom software applications to overcome
cross-industry business challenges. Our team
carefully analyzes your existing business model
and formulates effective software execution
strategies to streamline routine tasks and
achieve the desired level of automation. We use
open-source software platforms like Odoo, OFBiz,
ERPNext, and Opentaps to build scalable
enterprise applications at cost-effective rates.
Our seasoned ERP developers have successfully
delivered several full-scale software products
for enterprises belonging to different industries
like real estate, retail, eCommerce,
manufacturing, finance, healthcare, insurance,
and more. Contact us at erp_at_oodles.io to learn
more about our custom ERP development services.
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