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What is the difference between cloud-based and On-premises ERP?

Cloud-based ERP systems offer a cost effective solution where a business pays a recurring fee to utilize the service. This system is run from a shared server. The cloud system will benefit the company monetarily as there won’t be any expenses on hardware and infrastructure costs that are usually associated with an on-premises ERP.

Though on-premises ERP are little expensive it has more advantages and benefits than a cloud-based ERP system.

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