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.
Predictive Analytics in Retail: Does Your Company Need it?
In retail, the ability to predict customer behavior, forecast trends, and anticipate sales can be a major advantage. Yet, without the right technology, this level of insight can be nearly impossible to achieve. Predictive analytics software is one technology that can...
What is Independent Verification and Validation?
What is independent verification and validation (IV&V)? This is a “gut check” process performed by a third-party organization that is not directly involved in the development of a software product. The goal of IV&V is to identify high-risk areas as early as...
Understanding Business Process Reengineering vs Business Process Management
Business process reengineering, business process management – it’s all the same, right? These two terms sound similar, so understanding business process reengineering vs business process management is critical. Today, we're breaking down the distinctions. What is...
Revisiting an Oracle ERP Failure: Implementation Challenges in Higher Education
In 2011, Montclair State University (MSU) entered a bitter battle with enterprise software giant Oracle. The issue at hand? A $20 million deployment of Oracle's PeopleSoft ERP software, which failed to deliver on university expectations. This failure still holds...
Banking Industry Technology Trends: 6 Movements That are Kind of a Big Deal
Digital transformation has become a chief focus in almost every industry, and the banking sector is no different. Financial organizations are realizing that by moving away from manual transactions and disparate computer systems, they can gain new efficiencies, attract...
5 Benefits of ERP and CRM Data Integration
As businesses seek to modernize their legacy systems and integrate disparate systems, they're turning to modern enterprise software. Enterprise software, like customer relationship management (CRM) and enterprise resource planning (ERP) systems, help companies access...
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!
