Survey Shows there is Strong Preference for Cloud-Based ERPs Think Tribe has surveyed CIOs and CFOs in the region and discovered that over 51% prefer to use Cloud-based ERP s over standard On-Premise solutions. Not only do CIOs prefer Cloud ERP, but CFOs love the idea that Cloud ERP is empowered by Artificial Intelligence which can automate routine financial management jobs and cut dependence on custom reports. Zia Manna, Founder and Director of Think Tribe says, "Cloud ERP deployment enables financial specialists to get reports faster and more efficiently by eliminating the need to gather and utilize multiple spreadsheets. That's what makes it so attractive to CFOs." Another benefit for companies using Cloud ERP is the low maintenance. If all the required information is integrated into the cloud, the need to integrate several departments' data "SILO" is less than in other traditional ERP scenarios. Steve Raju, Founder and Director of Think Tribe, says "Regulatory compliance is another related factor pushing CIOs to the Cloud ERP. All of the regulations and policies have to be automated, and AI-driven reporting will dramatically cut the time and resources needed to meet all compliance requirements." Businesses that choose the cloud over On-Premises deployment can tap into lower-cost computing power at any given time. AI-driven ERP can help corporate leadership determine what a company's risk is in any given scenario, as well as the level of risk a company is willing to accept. Mallesh Reddy, General Manager of Think Tribe says, "Cloud-based ERP systems can use machine learning to help customers not only run their existing operations more efficiently but identify potential threats and the next best plan of action." Instant upgrades are another perk. Cloud ERP offers mobility and accessibility to where leadership is able to download the software onto multiple devices, and keep track of the company's progress and growth in real-time. Think Tribe Technology LLC is an ERP service provider based in the UAE. Its mission is to provide ERP solutions that are customized to clients' requirements. Contact Us At: https://www.think-tribe.com/