What is an ERP?
An “Enterprise Resource Planning” solution (or ERP) is a software suite designed to meet all of an organization’s business computing, human capital management, and project planning/management needs. ERPs make work easier across an organization – that is, they create targeted, focused support for professionals in a variety of roles, supporting the function of a business from top to bottom.
The form and appearance of business ERP solutions have evolved a great deal over the last few decades. During the tech boom of the late ‘90s and early ‘00s, enterprise size corporations allocated millions toward building completely bespoke, siloed, in-house ERPs managed and maintained completely by IT.
As economic realities and market expectations of the last ten years made those legacy siloed solutions inefficient to maintain, so software as a service (SaaS) solutions stepped in to provide digital licenses for a la carte software offerings.
Using SaaS offerings, businesses have been able to cobble together a functional ERP, but building from grab-and-go parts has its weaknesses, namely a lack of data and functional integration. That means those SaaS ERPs, while economical, are piecemeal solutions at best.
Over the last few years, ERP solution providers have continued to innovate, finding ways to use cloud computing and platform as a service (PaaS) to offer businesses the same bespoke feel of a siloed ERP with the affordability and flexibility of SaaS.
What is Cloud ERP?
In short, a cloud-based ERP is an enterprise resource planning system that’s built and hosted in the cloud. Solution providers create each business a custom platform and build out a toolkit of applications based on their specific needs. Thanks to the power of Oracle ERP Cloud integration, that toolkit has the potential to be much more powerful and useful than the sum of its parts.
What are the advantages of Cloud-Based ERP?
Cloud-based ERP solutions provide the best of the legacy bespoke approach and the a la carte SaaS experience, while mitigating the shortcomings of both.
Using the cloud platform as a service approach, businesses can create a flexible, open-ended space that’s designed to both meet their computing and planning needs today and grow with them into the future. That platform creates opportunities for data and functional integration across the board, meaning that the best, most up-to-date SaaS tools can now be leveraged in a way that provides the simple navigation and unified user experience of a custom-built in-house ERP.
In the past, that kind of power would’ve created many new IT responsibilities, both in terms of asset allocation and budget, but cloud management significantly reduces on-premise responsibilities, freeing up your IT team to use their productivity for long-term initiatives and daily firefighting.
What is the Oracle Cloud?
Oracle Cloud Infrastructure (OCI) is currently in its second generation as business’ most powerful and flexible cloud. The Gen 2 Oracle Cloud provides unprecedented security and performance, making it easier and safer to do business in the cloud than ever before.
Each Oracle Cloud customer gains access to a platform that is both plugged into the full potential of Oracle but also isolated in a way that creates both a personalized and a secure experience.
How Does Oracle ERP Cloud Integration Work?
Oracle ERP Cloud is an end-to-end solution that leverages PaaS4SaaS methodology to build enterprise resource planning solutions that are bespoke, powerful, fully integrated, and affordable.
When businesses connect with a licensed Oracle solution provider, their needs are accessed, and their cloud-based ERP is designed specifically with their organization’s goals, needs, existing structure, and true potential in mind. That process ensures that each Oracle-powered cloud ERP is unique while still remaining rooted in the core strength and functionality of a well-developed platform.