Survey Shows there
is Strong Preference
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
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
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
Think Tribe Technology LLC is an ERP service provider
based in the UAE.