Cloud ERP systems are software that’s used by companies to store their data online, making it easier for them to access and maintain. Providers of Cloud based ERP offer software that manages the data collected from your business, but these systems aren’t designed for every company. Cloud ERP is software that can be accessed via the internet. It’s a subscription-based service, meaning you pay a monthly fee to use it. You also have to pay for data storage and maintenance of your files, but these costs are usually included in the price of your subscription for you Cloud Based ERP.