OnPremise is hosting of your applications locally. All data is handled by your own company. The OnPremise Server is an intermediator between the applications and your ERP-/finance system. It makes sure that everything you enter on the devices is synchronized with your financial system. A OnPremise Server is a traditional way of handling data. You have the full control yourself of how your data is handled. All your IT is in your own hands and not by a it-supplier.
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