---
title: [Infographic] - The Economics of Cloud ERP at a Glance
description: For businesses, the transition to the cloud is as much about financial benefits as it is about new technologies.
---

[TRG Blog ](https://blog.trginternational.com)

# [[Infographic] - The Economics of Cloud ERP at a Glance](https://blog.trginternational.com/infographic-the-economics-of-cloud-erp-at-a-glance)

 Written by [Ho Nguyen](https://blog.trginternational.com/author/ho-nguyen) | Tue, Jun 20, 2017

It seems increasingly clear that [cloud computing is the future of ERP](https://blog.trginternational.com/cloud-101-a-quick-guide-to-cloud-erp). For businesses, the transition to the cloud is as much about financial benefits as [it is about new technologies](https://blog.trginternational.com/the-key-technology-trends-for-the-next-generation-erp-software). This is especially true for small and mid-sized enterprises (SMEs). 

## The financial benefits of Cloud ERP

The most visible financial benefit of Cloud ERP is that businesses can [avoid costly upfront capital expenditures](https://blog.trginternational.com/why-erp-is-moving-to-the-cloud), including hefty licence fees and investments in hardware required to operate on-premises ERP software. 

**Read more:** [Cloud 101 - A quick guide to Cloud ERP: Benefits & Drawbacks](https://blog.trginternational.com/cloud-101-a-quick-guide-to-cloud-erp-benefits-drawbacks)

Additionally, cloud-based ERP systems also require less customisation and take less time to deploy. Therefore, the associated costs are drastically reduced, as shown in the following infographic.

[View full post](https://blog.trginternational.com/infographic-the-economics-of-cloud-erp-at-a-glance)

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