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.
Lean ERP: What It is and How to Make It Work
ERP implementations more often than not run counter-intuitive to lean concepts. While lean and Six Sigma cultures focus on reducing waste and non-value-add activities, most ERP implementations are bloated with inefficiencies and cost overruns. For example, the average lean six sigma initiatives strive for zero waste and defects, while the average ERP implementation costs $10.5 […]
The Price Tag of ERP Failure: $440 Million?
As details regarding Knight Capital’s dramatic ERP failure continue to emerge, it becomes clear that organizations that don’t effectively handle their ERP implementations can (and often do) end up paying a price almost beyond comprehension. For those who haven’t followed the news, Knight Capital recently lost over $400 million in a matter of minutes because of a […]
Top Ways to Derail ERP System Usage
Are you looking for ways to obliterate any return from your ERP system, confuse your employees and/or compromise your organizational health overall? Then you’re in the right place! We’ve collected the top ways to do just that! Keep reading for our tips on how to systematically — and permanently — derail ERP software usage at […]
Software Accelerators. . . And Other Ways to Reduce ERP Implementation Time
ERP software providers love promoting software accelerators — especially to smaller, cash-strapped organizations — but are these pre-configured software versions all they are claimed to be? And if not, what are some other ways organizations can reduce ERP implementation durations? Before your organization decides on any acceleration techniques, you should first base your time expectations […]
Using Gamification to Motivate Employees During an ERP Implementation
If you received recognition every time you learned a new skill or completed an important task, would you be more engaged at work? This question is exactly what some businesses have been debating as they consider the benefits of diving into one of the newest emerging industries in the U.S.: “gamification.” Many have called gamification a […]
Tick Tock: The Importance of Time in ERP Implementations
As I reflect on all of the ERP implementations I’ve participated in throughout my career, I can’t help but notice a correlation between the perceived success of the project and the engagement level of my client’s project manager. With that being said, let me define success. I think it goes without being said that delivering […]
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!
