Recent research by Nucleus further demonstrates the current need to transition from internally managed, on-premises operations to cloud solutions. Now more than ever, organizations understand the long-term value of implementing cloud-based solutions wherever possible. The reduced cost of cloud solutions combined with improved security, automatic updates, and accessibility validates these benefits.

Transitioning to Oracle Cloud ERP saves on time, expense, and resources that can be allocated elsewhere. Nucleus has identified four key benefits in converting to Oracle Cloud ERP: reduced costs, improved information sharing and data access, improved data-driven decision making, and increased user productivity. These benefits give organizations the opportunity to improve productivity and aid in the decision-making process.

When transitioning to Oracle’s cloud solution, an organization can eliminate on-premises equipment and reduce or reallocate IT resources. This in turn significantly reduces operational costs.

With a cloud solution, it is no longer necessary for an organization to maintain equipment and hardware or manage system updates. This contraction leads to less administrative responsibility, therefore demonstrating more cost savings.

The recent pandemic has changed the world as we know it. Organizations have had to make major transitions to internet and web-based functionalities to communicate and run effectively. With Oracle’s cloud solution, all that is needed is an internet connection. The platform is available to users no matter where they may be in the world and is the top technology for working remotely. They have access to all company information via their mobile device or computer. This is a major benefit with many companies switching their employees to remote work.

Along with improved accessibility, Oracle Cloud ERP eliminates time consuming processes when generating reports. No need to internally perform updates, security, or maintenance either!

Oracle Cloud ERP allows for cross-departmental visibility to customer data by breaking down silos and databases. Increased visibility then leads to better collaboration throughout departments and provides experiences tailored for each customer. Another top highlight, cross-departmental reporting!

Oracle Cloud ERP allows for custom reporting with its user-friendly applications. Anyone on the team can easily output a custom report that includes data specific to them. Then there is no longer a need for dedicated resources to construct and optimize data reports for teams within various departments. Make better business decisions with extensive, data-driven reporting!

Oracle Cloud ERP provides a comprehensive, flexible solution for your organization’s financial and operational needs. The cloud system helps improve capabilities to retrieve and exchange information and can be accessed from any computer, anywhere, with a simple internet connection. Development in industry standards, technology, and consumer needs must be met with a modern, streamlined solution.

For more information on the benefits of Oracle Cloud ERP check out our guide. Or read Nucleus Research’s full report: The Value of Upgrading From JD Edwards to Oracle Cloud ERP