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What are the 3 common types of ERP?

There are three common types of ERP software solutions that businesses use to manage operations:

On-Premise ERP: This type is installed locally on a company’s servers and hardware. It offers full control over the system and data, making it ideal for businesses with strict security requirements. However, it usually requires a higher upfront investment and in-house IT support.

Cloud-Based ERP: Hosted on the vendor’s servers and accessed via the internet, cloud ERP is popular for its flexibility, scalability, and lower initial cost. It’s a good fit for growing businesses that want to access their system from anywhere.

Hybrid ERP: This combines both on-premise and cloud features. Companies can keep sensitive data on-site while using cloud features for less critical operations.

Each type of ERP software solution supports different business needs, so companies should choose based on their size, budget, and IT capabilities.

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