Panorama’s ERP Blog
Digital Transformation & ERP Best Practices
Need some quick tips for your digital transformation or ERP implementation? You’re in the right place.
Private Equity & Venture Capital Insights: Liquidity Management Tips for Struggling Portfolio Companies
Like all businesses, private equity firms require access to readily available cash. You need these funds to cover a variety of expenses, including short-term investments and current debts. When companies in your portfolio are successful, this is rarely an issue. Their...
HCM Implementation Change Management Tips
Many organizations implement modern human capital management (HCM) software to reduce HR expenses, such as labor costs and outsourcing costs. However, HCM implementations often fall short of these goals and fail to achieve other HR-related benefits. Why? One of the...
How to Employ Change Management in Healthcare Organizations
Healthcare providers around the world are shifting away from legacy systems and embracing new technologies. While this shift has been occurring for years, the pace of change has recently increased for many providers due to external influences, such as the need to...
Private Equity & Venture Capital Insights: Determining the Root Causes of Business Distress
Do you feel like you're at the helm of a ship that's slowly sinking? If you're a private equity investor with a struggling company in your enterprise, you might be nodding your head. After all, your success is closely tied to theirs. When they thrive, you thrive....
How to Ensure Business Readiness Before an ERP Project
Making the transition from disparate, legacy systems onto a centralized enterprise resource planning (ERP) system is a major change. While the benefits of ERP software are vast, it's important to ensure your business is ready to embrace it. Today, we're sharing a few...
Causes of Change Management Failure
According to a recent survey of more than 1,500 executives who had undertaken a significant change effort in the past five years, only 37% felt that the implementation was successful. While it pays to understand the change management models and theories that...
Panorama’s ERP Blog
Welcome to the ERP Blog from Panorama Consulting, your central source for cutting-edge information and insight in the enterprise resource planning industry.
Digital Transformation and ERP Best Practices
Are you in the market for some quick tips to expedite your digital transformation or ERP implementation? Then you’ve come to the right place. As leaders in ERP consulting, Panorama is excited to provide valuable details about digital transformation and ERP best practices to those looking to expand their understanding of these vital practices and put them to use.
Enterprise resource planning (ERP) is a huge concept that essentially boils down to software that manages some of the most important day-to-day operations of businesses, such as accounting, project management, and procurement. What makes ERP so valuable is the fact that it facilitates a flow of information between these different processes and departments for a level of consistency that would not otherwise be possible. The result is an organization whose functions are more streamlined due to the use of a central database; employees from entirely different areas of a corporation can trust that they’re relying upon the same information and following the same practices when ERP is utilized.
There are many benefits for businesses that utilize ERP, including decreased costs of operation, boosted insights, greater efficiency, and an overarching sense of collaboration which serves to improve morale and company culture, so it’s no wonder that so many organizations invest time and resources into robust ERP efforts.
To stay up to date with current trends in ERP and to get more out of your current system, follow our blog.
If you aren’t currently investing in ERP for your organization, or if you feel that you aren’t properly leveraging this technology for your success, contact us to speak with one of our experts!
