Using cloud ERP solutions, you may enable a remote workforce.
The ongoing pandemic has fundamentally altered the way we operate. Workers' preferences have altered, and many have indicated a preference for better work-life balance and flexibility, even if it means taking a pay cut or resigning. Approximately 70% of the US workforce has shifted to remote or hybrid work arrangements, and 84% have expressed a desire to continue working remotely post-pandemic. Hence, employers may need to modify their workplace policies to retain current employees and attract new ones.
While some companies have chosen to maintain a fully remote workforce, others have embraced a hybrid approach and some have returned to office-based work. Regardless of the approach taken by your organization, it's important to provide support and empowerment to employees, regardless of where they are working from. Industry experts concur that the trend towards remote and hybrid work arrangements is here to stay.
Owl Labs published a research report on the current status of the workforce.
The statistics from that report are listed below.
Working from home increases productivity, according to 83% of employees.
55% of people claim that they put in more hours at home than at the office.
After the epidemic, 76% of respondents believed that working from home would make them happy.
Following the pandemic, 70% choose a hybrid or remote option.
After the pandemic, 39% of companies mandate full-time attendance from their staff, but only 29% of those employees wish to do so.
In a PwC poll of almost 700 CEOs, 78% of respondents agreed that remote cooperation is here to stay. It will be around for a while. That is not to argue that issues do not arise for the employer when employees work remotely. Many businesses lack the appropriate software systems to support a remote or hybrid paradigm in addition to security issues. You cannot accommodate a remote or hybrid workforce if your company relies on an outdated, on-premise ERP solution.Your business model likely needs to undergo some changes, even if your day-to-day tasks haven't changed all that much. You'll need the appropriate tools if your business is one of the many that allow employees to work from home. Your team may access corporate data using any web-enabled device and any browser with cloud-enabled enterprise resource planning (ERP) solutions. Because of this accessibility, working effectively outside of the office is now simpler than ever.
Consider this if you're hesitant about switching: Migrating your ERP to a cloud deployment model provides business continuity, even in times of emergency. Cloud-based ERP ensures fast access to information around-the-clock and has improved security measures that legacy systems are unable to provide.
You may have just concluded that moving to the cloud would be ideal for you and your company if you're currently using manual processes or an on-premise solution to conduct your operations. Still unsure? The epidemic has taught us that businesses must be flexible to survive.
Your business needs to adapt and find new ways to succeed because we are still dealing with labor shortages and unheard-of supply-chain issues. A flexible, effective, and collaborative work plan is the way to go; embrace a remote workforce and succeed in the face of uncertainty.
Providing Remote Workspace for Your Team:
Your team can work effectively and remotely with a cloud-based ERP. No matter where they are or what kind of device they are using, employees can access all the data and information they need to complete their tasks if there is an internet connection. Collaboration and open communication are opportunities provided by cloud ERP, even from a distance.
Data that is stored on the cloud may be accessed from any location, which is essential if your company has many locations and a large number of remote workers. Although it wasn't necessary, maintaining business continuity during the pandemic proved difficult.
You'll shift to real-time data visibility and increased collaboration when you move your business processes to cloud ERP, which results in better, data-driven decisions. Additionally, users' productivity and efficiency will increase with SaaS tools like cloud ERP that provide access from anywhere, at any time.
In a non-SaaS setting, you are required to have both an internet connection and a secure connection, which often restricts the devices that employees can use. Moreover, your own IT team is in charge of compliance and security with on-premise systems. The hardware and operating systems need to be updated, secured, and maintained. That might not be achievable as your team moves to remote or hybrid work.
Safeguarding and Backing Up Your Data:
You need assurance that the information about your business is secure during uncertain times. You may get that confidence using a cloud ERP. When your ERP is handled in the cloud, your provider has teams particularly committed to monitoring, safeguarding, and backing up your data.
When a piece of hardware malfunctions, such as a drive on an on-premises server, businesses must wait until IT can install a replacement and get it up and running. You lose money every second it is down. Downtime is costly: Depending on the industry and the amount of business, the estimates can range from $300 per hour to over $1,000,000 per hour.
SaaS, on the other hand, minimizes required downtime by replicating your data across server stacks, between regions, and/or across several locations.
With SaaS, you can get going more quickly. Your provider is also responsible for safeguarding your data, making sure it is backed up, recoverable, and secure. Once your data is in the cloud, it is protected from any threats by stringent security procedures. It's comforting to know that your data is secure and is being properly managed by devoted professionals as your remote workforce continues.
Reliable data access and security should be the least of your concerns as the modern workforce develops. And it is with a cloud-based ERP.
Change is the one constant in the dynamic corporate environment of today. The discussion about how your organization can adapt to the changing nature of the workforce today and what we have outlined here is just the beginning. It's challenging to plan and prepare, but a cloud-based ERP can support your current business operations and keep you adaptable in the future.