Cloud-based computing lets users access software applications operating on a shared computing resource. Examples of this are processing power, disk storage, and memory via the Internet. This kind of computing resource is maintained in remote data centers and is dedicated to hosting various multiple platforms and applications.

Cloud ERP refers to the software as a Service that provides users with access to ERP or Enterprise Resource Planning software on the Internet. It has generally reduced upfront costs due to the leased computer resources by the month than purchased and maintained outright on-premises. Also, cloud ERP provides companies with convenient access to business-critical applications regardless of time and day.…