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.
Lessons Learned From the Hewlett Packard ERP System Failure
In August 2004, Hewlett-Packard (HP) made a devastating announcement: The third-quarter revenue for its Enterprise Servers and Storage (ESS) segment had decreased in value by 5% from the previous year to $3.4 billion. A major factor behind the decline? A failed ERP...
Reinforcing Change to Ensure a Successful ERP Implementation [Here’s How]
Organizational change management (OCM) is a necessary component of enterprise software implementations. It involves making sure that all your employees have the knowledge they need to use the new platform confidently and effectively. Change management is a continuous...
Low-Code ERP: Everything You Need to Know
While ERP software is more necessary than ever before, IT team members in many organizations are too consumed with operational challenges to handle a software implementation. Add to that growing customer demands, and it's easy to see why no-code or low-code ERP is...
Lessons Learned From Hershey’s ERP Implementation Failure
Many times, when companies decide to transition from outdated legacy systems to a central ERP platform, the result is sweet success. Unfortunately, that wasn't the case for Hershey. Though it's been more than 25 years since Hershey's ERP failure, there are still many...
ERP vs EPM: Do You Know the Difference?
While there are many different enterprise solutions on the market, enterprise resource planning (ERP) software and enterprise performance management (EPM) software are two solutions that many companies, across industries, consider for their business. While these two...
Examining Lean Six Sigma Failures: 7 Common Causes
Lean Six Sigma is a type of process improvement methodology. It helps businesses reduce errors and inefficiencies by identifying areas of waste and variation and deploying teams to tackle those areas before they cause significant problems. While Lean Six Sigma...
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!