Today’s business environment looks and operates differently than a year and a half ago. One valuable lesson we learned in that time is that businesses need to be more agile and adaptable. That means having anytime, anywhere access to real-time data so you can assess your business’s current position, course-correct, and make confident decisions at a moment’s notice.
More businesses are running enterprise resource planning (ERP) solutions and integrated business applications in the cloud. A recent innovative approach is a multi-tenant environment (MTE), which is quick to implement, easy to use, and affordable.
Vision33’s Carl Lewis and Dan Love hosted a webinar where they discussed all things MTE. Keep reading for critical points from the webinar and to access the webinar recording.
What is an MTE?
An MTE is a shared cloud environment where your business runs an application like SAP Business One, a powerful ERP solution. In an MTE, you share the SAP Business One software with other customers but have your own database(s). You can customize the setup and use of SAP Business One, and your business’s data is separate and secure.
A multi-tenant environment is like owning a condominium versus a house. In a condo setting, each unit owner uses the same utility services and has access to a clubhouse, gym, pool, etc. Condo owners share the fees, which cover expenses like maintenance, snow plowing, and landscaping.
What Are the Benefits of an MTE?
With an MTE, you’ll need fewer IT staff and internal resources. The monthly fee includes upgrades performed during off-hours, so you’re always running the latest software version without disrupting your operations. With the industry-leading support program, help is always available.
Not having to worry about the background details means you’re free to focus on what your business does best. You’ll have more time to devote to strategy, innovation, growth, and superior customer service.
Does an MTE Make Sense for My Business?
An MTE is ideal for companies with fewer than 30 users that handle thousands of transactions each month, but not millions. (In that case, a single-tenant environment makes more sense.)
To find out if an MTE is right for your business, you’ll answer questions about order volume, number of invoices, items you stock, transaction sizes, and which mission-critical business applications need integrating. You’ll see how easy it is to seamlessly integrate SAP Business One with an ever-increasing list of applications such as Salesforce, Shopify, Magento, WooCommerce, ShipStation, and more.
The Bottom Line: How Much Does It Cost?
While the price varies slightly depending on circumstances, your business can run SAP Business One in an MTE for $160 per user per month. This is for the complete SAP Business One solution, so you don’t need to worry about adding new functionality as your business grows. And remember—updates and world-class support are included in the monthly cost.
To learn more about how simple it can be to deploy SAP Business One in the cloud, access the on-demand webinar below and watch it at your convenience.