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.
Important Features of ERP Systems Available Within End-to-End Solutions
All-in-one ERP systems – or end-to-end ERP systems – are systems that provide a breadth of functionality within a single solution. In other words, you don’t have to integrate them with third-party applications to obtain key features. These robust systems are...
Lessons Learned From the Lumber Liquidators ERP Failure
In November 2010, Lumber Liquidators announced its earnings for the third quarter of that year. They weren't stellar. In fact, they'd dropped 45% relative to the prior year. What was going on? The prominent flooring retailer attributed the dip to its recent SAP ERP...
Change Management Challenges to Nip in the Bud
Organizational change management is one of the most important aspects of an enterprise software project. It's also one of the most challenging. As your company embarks on an ERP implementation or digital transformation, it’s important to avoid the change management...
Is a CPQ Failed Implementation on Your Horizon? (6 Tips for Avoiding it)
Done right, CPQ software can empower sales reps to close deals more efficiently and keep customers happy. It can also allow organizations to expand their sales capacities and even introduce new revenue models. However, there are many pitfalls that can lead to a CPQ...
Machine Learning in Accounting: What You Need to Know Before Evaluating ERP Systems
According to one recent report, seven in ten finance teams spend up to 10 hours each week, or 520 hours a year, on manual accounts payable (AP) tasks that could be automated. From invoice processing to payment reconciliation, these tasks consume a good portion of...
How to Implement an ERP System: Cheat Sheet of ERP Implementation Best Practices and Steps
An ERP implementation can confound and overwhelm even the most seasoned business leader. Wouldn't it be great if someone could give you a roadmap of ERP implementation best practices and steps to follow for a seamless integration process? You'd know which steps to...
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!
