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.
Do Small Businesses Need ERP Software?
Ever since the early 1990s, Fortune 500 companies across the world have been on the ERP bandwagon. With millions of dollars required to implement and well-publicized coverage of ERP failures, many wonder if ERP is worth the cost and risk to small businesses. The topic...
Why Are ERP Projects Always Over Budget?
Our last post addressed the fact that our ongoing ERP Benchmarking Study reveals that 100% of participants went over budget, most of them by 10% or more. But what we didn't address is why projects go over budget. I recently blogged about some of the hidden costs...
ERP Hosting: Where’s the ROI?
One frequently overlooked area of ERP projects is whether or not to externally host the ERP solution. Since this is a major item that can significantly affect your project's ROI, it is a decision that should not be taken lightly. Whether or not a hosted ERP solution...
Does ERP Really Lead to Labor Cost Savings?
We've all seen the business cases related to how ERP will save X Corporation $X millions of labor costs in just a few short years. But how real are labor cost savings in ERP implementations? The answer is that it depends. Most companies fail to go back and measure...
Including Organizational Change Management in your ERP Project Plan Faciliates Success
A widely known critical success factor for effective ERP or large IT projects is organizational change management. But what exactly is change management, and what key activities should you include in your project plan? Organizational change management means a lot of...
Fixing a Failed ERP Implementation
Most of my entries in this blog have focused on proactive measures that can be taken to ensure ERP or IT success. However, what happens if you're already in the middle of a failed ERP implementation? The good news is that troubled IT implementations can be fixed, even...
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!
