What are the 3 common types of ERP?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.elitemindz.co/erp#elitemindz #manufacturingerp #manufacturingerpsoftware #manufacturingerpindia #manufacturingerpmodules #besterpsoftware #cloudbasederp #cloudbasedmanufacturing