According to Forbes, 83% of enterprise workloads are expected to run in the cloud by 2025. The label printing industry is evolving rapidly, driven by advancements in technology and increasing...
10 advantages of cloud based ERP for label printing
According to Forbes, 83% of enterprise workloads are expected to run in the cloud by 2025.
The label printing industry is evolving rapidly, driven by advancements in technology and increasing customer demand for efficiency, customization, and fast turnarounds. In this dynamic environment, managing production, inventory, and client relationships can be complex without the right tools. This is where cloud-based ERP (Enterprise Resource Planning) systems come in.
For label printers, cloud-based ERP provides the agility and power needed to manage every aspect of business operations seamlessly. From improving cost management to providing real-time insights, cloud ERP systems offer a significant competitive edge. In this article, we explore ten key advantages of adopting cloud-based ERP for label printing businesses and explain why now is the time to make the switch.
Contents
- 1. Lower upfront costs
- 2. Scalability
- 3. Real-time data access
- 4. Faster implementation
- 5. Improved collaboration across teams
- 6. Automatic updates and maintenance
- 7. Enhanced security
- 8. Better customer service
- 9. Business continuity and disaster recovery
- 10. Increased efficiency and automation
- Time to explore Paxis ERP?
1. Lower upfront costs
One of the biggest advantages of cloud-based ERP is its cost structure. Traditional on-premise ERP systems require significant upfront investments in servers, hardware, and IT infrastructure. However, cloud ERP operates on a subscription model, significantly lowering initial costs.
Instead of purchasing and maintaining expensive hardware, label printers can access all the features they need with a monthly or annual fee. This affordability is especially important for small and mid-sized label printers, allowing them to adopt sophisticated technology without breaking the bank.
According to Gartner, cloud-based ERP systems can reduce IT expenses by up to 30% over five years compared to on-premise solutions.
2. Scalability
As your label printing business grows, so too does the need for a system that can scale with you. Cloud-based ERP is highly scalable, allowing businesses to easily add new users, features, or locations as needed without major infrastructure changes.
Whether you’re expanding into new markets, launching new products, or opening additional production facilities, cloud ERP adapts to your needs. This is crucial in the label printing industry, where demand can fluctuate, and the ability to scale quickly can mean the difference between capitalizing on new opportunities or being left behind.
A Flexera study found that 94% of businesses that adopted cloud technology improved their scalability, making it easier to manage growth.
3. Real-time data access
Having up-to-the-minute information is key to making quick, informed decisions. Cloud-based ERP provides real-time access to data across your entire business, from production and inventory levels to sales and financial performance.
With cloud ERP, all team members, from floor managers to executives, can access the same data from anywhere, enabling faster decision-making.
According to IDC, businesses using real-time data insights report 25% faster decision-making compared to those using outdated systems.
4. Faster implementation
Implementing a traditional on-premise ERP system can take months - or even longer - because it requires setting up physical hardware, extensive testing, and customization. Cloud-based ERP, on the other hand, can be deployed quickly, with many businesses seeing their systems up and running in weeks rather than months.
For label printers, this fast implementation means you can start reaping the benefits of an ERP system without waiting months for the system to be fully integrated.
5. Improved collaboration across teams
Cloud ERP breaks down silos between departments, allowing for seamless collaboration across teams. Whether it’s your sales, production, or inventory management teams, everyone has access to the same up-to-date information. This real-time collaboration ensures that all departments are aligned, which leads to better communication, fewer errors, and streamlined operations.
For label printing businesses, this can mean faster order processing, better alignment between customer service and production, and more efficient management of materials and schedules.
Cloud collaboration tools can improve productivity by 20-30% across teams - McKinsey
6. Automatic updates and maintenance
One of the most time-consuming aspects of running on-premise ERP systems is managing updates and maintenance. Cloud ERP providers handle all updates automatically, ensuring that your system is always up to date with the latest features, security patches, and performance improvements.
This is particularly advantageous for label printers who want to stay focused on their core business rather than dealing with IT headaches. Additionally, automatic updates ensure you’re always benefiting from the most advanced tools to optimize your operations without any downtime for upgrades.
7. Enhanced security
Data security is a critical concern for any business, and cloud-based ERP systems offer robust security features. Leading cloud ERP providers invest heavily in security measures, often surpassing what most businesses could achieve on their own with on-premise systems.
From encryption to regular backups and disaster recovery protocols, cloud ERP ensures your sensitive business data is protected from cyber threats, unauthorized access, and data loss.
In fact, IBM reports that 96% of organizations have improved their overall security posture after adopting cloud services, highlighting the enhanced security benefits cloud ERP offers.
8. Better customer service
In the label printing industry, customer service is crucial. Cloud ERP systems help improve the customer experience by providing better visibility into orders, faster turnaround times, and more accurate quotes. Sales teams can access order histories, inventory levels, and production timelines in real time, allowing them to give customers more accurate information about the status of their orders.
Additionally, with cloud ERP, label printers can integrate customer relationship management (CRM) tools that streamline customer interactions and ensure that issues are resolved promptly.
A Salesforce study found that companies using integrated cloud CRM tools report 47% higher customer satisfaction rates.
9. Business continuity and disaster recovery
Natural disasters, system crashes, or power outages can disrupt operations for label printing businesses. With cloud-based ERP, your data is stored safely off-site in secure data centers with redundant backups, ensuring that your business can continue operating even in the face of unforeseen disruptions.
Cloud ERP providers offer business continuity solutions, ensuring you can access critical data and continue operations with minimal downtime.
According to Deloitte, businesses that implement cloud-based disaster recovery strategies can reduce recovery times by 30-50% compared to traditional methods.
10. Increased efficiency and automation
Cloud ERP automates repetitive tasks and integrates business processes, leading to significant efficiency gains. For label printers, this could mean automating job scheduling, tracking material usage, or generating production reports, all of which reduce manual errors and save time.
Automation allows businesses to focus on higher-value tasks, ultimately improving productivity.
Nucleus Research found that companies using cloud ERP experience a 21% improvement in overall efficiency due to automation and process integration.
Time to explore Paxis ERP?
For label printing businesses, adopting cloud-based ERP systems offers a wide range of advantages, from lower costs and scalability to enhanced security and real-time data access. As the industry becomes more competitive and customer demands continue to rise, having a flexible, scalable ERP system is essential to maintaining an edge.
With Paxis, a cloud ERP solution designed specifically for the label printing industry, you can streamline your operations, improve collaboration, and respond quickly to market changes—all without the heavy IT burden of traditional systems. Ready to make the switch? Contact us today to learn how Paxis can transform your label printing business!