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.
Inventory Management Challenges: Did Your ERP Implementation Address Them All?
Many organizations rush through ERP implementations and find that their operational pain points remain. This can be disheartening to experience, as you've just invested time, money, and energy, and you expected a high ROI. Today, we’re outlining the inventory...
![What is Business Transformation? [& What’s the Roadmap for Success?]](https://www.panorama-consulting.com/wp-content/uploads/2022/08/what-is-business-transformation.png.webp)
What is Business Transformation? [& What’s the Roadmap for Success?]
What is business transformation? This is the initiative that ensues when a company decides to fundamentally change how it operates. In most cases, businesses transform with the hope of improving both operational and financial performance. This means more than simply...
Professional Services Industry Challenges: Did Your Software Implementation Address All of Them?
You recently implemented new enterprise software at your professional services firm, but you’re still struggling to address certain operational challenges. Where do you go from here? Well, first you should ask whether your project was properly planned and executed...
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...
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!
