Final answer:
When running a mid-sized business using cloud-based SaaS ERP software, limited scalability will not be an issue. However, other concerns such as data security and privacy, integration with on-premises systems, and dependence on internet connectivity should be considered.
Step-by-step explanation:
When running a mid-sized business using cloud-based SaaS ERP software, one issue that you will not be worried about is limited scalability. Cloud-based software allows for easy scaling and flexibility to accommodate the changing needs of your business without having to invest in additional hardware or infrastructure. This means that as your business grows, you can easily add more users, data, or functionality to the software without any limitations.
On the other hand, there are other concerns you should be aware of:
- Data security and privacy: Although cloud-based software offers many security measures, it is essential to ensure that your data is protected from unauthorized access, data breaches, and cyber threats. You should choose a reputable vendor who prioritizes data security and implements encryption, access controls, and regular security updates.
- Integration with on-premises systems: If your business already has on-premises systems, it is important to ensure that the cloud-based software can integrate seamlessly with them. This allows for a smooth flow of information and avoids data silos or duplication of effort. You may need to consider factors such as compatibility, data mapping, and API availability.
- Dependence on internet connectivity: Since cloud-based software relies on internet connectivity, any issues with the internet can impact your ability to access or use the software. It is important to have a stable and reliable internet connection to avoid disruptions in your business operations.