Enterprise Resource Planning (ERP) software that uses cloud computing technology to give end users real-time access to business data stored and managed on secure remote servers, and the ability to run applications that use those resources to manage different functions in the company.

Cloud ERP software is based on the Sales as a Service (SaaS) cloud service model, whereby applications are delivered over the internet by the provider, so that the applications don’t have to be purchased, installed, and run on the customer’s computers.

Cloud ERP software has several well-known benefits, including low upfront costs, centralized data storage, scalability, on-demand real-time access to data and applications, and automation of formerly manual or disconnected tasks.

Cloud ERP software is often compared and contrasted with older on-premise ERP systems, which require servers to be located at the company’s site and maintained and updated by the company’s own IT department.