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.
How Does ERP Help Accounting?
In more and more companies, accounting is being automated, and for good reason. Not only does automation – using enterprise resource planning (ERP) software – provide more robust and precise calculations, but it also helps reduce the potential for human error. So,...
How to Develop an ERP System Implementation Project Plan
When companies decide to implement ERP software, they often jump right into ERP selection without taking the time to prepare. However, it’s important to first develop an ERP project plan based on realistic expectations. Most vendors aren’t equipped to develop a...
5 Tips for Improving ERP Business Intelligence
Many of today’s enterprise resource planning (ERP) systems have business intelligence (BI) features that analyze data across functional areas and enable smart decision making. For example, visual and intuitive dashboards offer what is referred to as “self-service BI.”...
5 Ways to Prepare for Transformational Change
If you’re considering digital transformation, you probably know it entails significant operational changes. Whether you’re changing your entire business model or certain business processes, these transformational changes are challenging for organizations and their...
7 Common Reasons for ERP Failure
You've likely heard plenty of stories of companies that implemented a new ERP system only to end up overpaying for software that underdelivered. Does this mean your project is likely to follow suit? Not exactly. By taking a strategic approach, you can put the right...
How Much Does it Cost to Implement an ERP System?
If your company is beginning ERP selection, you’re probably thinking a lot about cost. However, setting realistic expectations requires a big picture view – you need to consider not just the cost of a system but the total cost of ownership. In other words, how much...
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!
