There has always been debate over which is better—a cloud-based inventory management system or a locally operated system. Companies may be concerned about the security and privacy of their data on cloud-based systems. However, with the growth in cyber-security technology, there has been a rapid growth in people considering cloud-based systems. There are also other benefits that make this system a much more reliable option that saves time and money.
We make it a priority to keep updating the software regularly, but we try to keep things similar so there are no major changes that may require further training of employees.
Local inventory management systems go years without any updates which is also why they have limited features. Due to the rapid growth in technology, when the systems are updated, they require new training.
Cloud-based systems can be integrated with other management systems because they have open Application Programming Interfaces (APIs). This depends on the scale of your business, if you’re a small business then you might not need to integrate it with other systems.
However, larger businesses prefer one system to manage and monitor the performance of the whole business. So, they can link it with accounting systems, operation systems, and even warehouse management systems.
Saves IT Cost
If you don’t think the previously mentioned reasons are enough then you should get cloud-based software to reduce fixed costs. When you’re operating on local management systems, you need servers, hardware, and trained IT professionals to overlook it.
However, shifting everything online means that you cut fixed costs which is significantly higher than the subscription cost you might need, plus you won’t also need to invest in maintenance as well.
So, don’t waste anymore can get our cloud inventory management software for your business. It has been reported to be successful for all small business owners. Though, if you have a large manufacturing business, that has complex inventory data, then we even offer ERP for inventory management. You can find out more about our software by contacting us today.