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TECHNOLOGYfocus
labour. On-premise ERP systems can cost
companies over 30% more than cloudbased
systems due to initial
implementation and server costs, as well
as ongoing IT support, maintenance work
and even update implementation.
Whilst historically, compliance with
industry-specific standards and regulations
is facilitated by on-premise solutions,
some cloud-based ERP systems are now
offering this also. This can be a critical
factor for construction businesses bound
by strict regulatory frameworks, such as
the recent Part L regulation updates
requiring more visibility across the
construction industry than ever before.
THE POWER OF CLOUD-BASED
CONSTRUCTION ERPS
The rising star of construction management
software, cloud-based ERP software
revolutionises the way construction
businesses manage their operations,
offering a range of business advantages
that can significantly enhance efficiency
and scalability. Some of today's best cloudbased
ERP systems leverage the power of
leading cloud systems such as Microsoft
Azure to host your company's data and
infrastructure on secure remote servers.
In recent years cloud-based ERP
systems have continued to innovate and
improve, and construction companies all
over the globe have shifted their
construction management software over
to cloud-hosted alternatives.
This begs the question: why should I
host my construction ERP on the cloud?
Research shows that 21% of companies
that implemented cloud ERP technology
saw an improvement in profitability over
a two year period. Meanwhile, only 5.4%
of companies using a traditional onpremise
ERP system reported any
improvement in ROI.
For businesses both new and old, we are
always looking to grow. Cloud-based ERP
systems by design are capable of growing
with the success of your business,
providing unparalleled scalability. Cloudhosted
solutions allow you to
seamlessly expand your business'
resources, accommodating growth
without the need for significant
hardware investments. This
elasticity is particularly advantageous for
construction companies that experience
fluctuating workloads, embark on
ambitious projects, or see regular
expansion through the likes of acquisitions.
For a company's day-to-day, cloudbased
ERP systems can significantly
improve operational efficiencies. Through
accessible remote work capabilities,
teams can securely access critical data
and applications from any location on any
device. All project and company
information is immediately uploaded and
shareable to the wider team, allowing
contractors to share orders, variations and
defect instructions in real-time with
subcontractors. Tmesheet information can
also be accrued automatically and
provided to operatives, site administrators
and back office teams without delay.
By building your business on one singleplatform
you enable a single source of
truth that fosters cross-team collaboration,
enabling all project stakeholders,
irrespective of their physical location, to
work in tandem, ensuring seamless
project progression.
The most important factor for any
business, though, is how cloud-based
ERP systems can unlock revenue to be
redirected to other critical areas of your
business. Traditional on-premise hosting
models often involve significant capital
expenditure on hardware, maintenance,
and IT personnel both at the initial
implementation and ongoing maintenance
of the system.
Cloud-based solutions, on the other hand,
operate on a subscription-based model,
where businesses pay for the resources
they use. This not only reduces upfront
costs but also provides a predictable,
manageable expense structure.
Maintenance and updates are handled
by the cloud service provider, alleviating
the burden on internal IT teams. This
ensures that the ERP system is always upto-date
with the latest features, security
patches, and performance
enhancements, without requiring manual
intervention.
IDENTIFYING THE RIGHT ERP
SOLUTION FOR YOU
It's essential to recognise that one size
does not fit all. Striking the right balance
between these two solutions hinges on a
nuanced understanding of your
organisation's specific requirements and
operational context. For organisations with
a strong emphasis on customisation and
control over their IT infrastructure, onpremise
solutions may hold particular
appeal. They provide the latitude for
tailoring the ERP environment to precise
specifications, aligning seamlessly with
unique operational workflows.
On the other hand, cloud-based
solutions offer unparalleled scalability,
accessibility and even profitability. If your
construction business operates in an
environment characterised by fluctuating
project volumes or relies on a dispersed
workforce, the cloud can provide the
agility necessary to meet these demands.
COINS ERP, THE LEADING CLOUD-
HOSTED ERP SOFTWARE
Built for the construction sector, Access
COINS ERP is the leading end-to-end
business management solution in the UK.
Helping you manage risks, save time and
increase profitability, Access COINS ERP
is built and hosted on Microsoft Azure, the
leading cloud for businesses.
Unlike other ERP systems, The Access
COINS construction cloud is an entirely
construction-specific software built for the
specific operational and regulatory needs
of construction companies.
Ready to transform your construction
business? Arrange a demo with our
specialists today to see the software in
action and learn how Access COINS ERP
can transform your construction business.
Search Access Construction to find
out more.
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