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.
How Private Equity is Evolving in Response to the Increase in Cybersecurity Attacks
Private equity cybersecurity attacks are on the rise, and the threat isn’t only a problem for corporations with deep pockets. For private equity firms, data breaches have far-reaching consequences. They negatively impact valuations, spook investors, create...
Lessons Learned from the TSB Software Failure
In 2018, the UK's Trustee Savings Bank (TSB) experienced a massive IT migration failure that left nearly 2 million customers locked out of their accounts. The events were so catastrophic that by the beginning of 2020, TSB had abandoned the project...
ERP Steering Committee Roles and Responsibilities [6 Roles to Assign to This Team]
Without direction and governance, an ERP project could fall short of the goals you hoped to achieve. An ERP steering committee is a great way to keep these projects on track. Comprised of executive-level leaders and other ERP stakeholders, a steering committee is an...
Excel vs ERP: As Different as Night and Day
Since its launch in 1985, Microsoft Excel has been the go-to business management software that executives around the world use to store and manage their day-to-day operational data. However, brand recognition and longevity can only take an application so far. In the...
Problems in ERP Selection That Could Mean “Shelfware” is in Your Future
In an enterprise resource planning (ERP) implementation, selecting the wrong platform could mean ending up with software that simply "sits on the shelf." Unfortunately, many organizations seal this destiny when they fail to adequately prepare for software selection....
Why Managers Resist Change: 12 Classic Reasons
Wondering why managers resist change? The answer lies mostly in the fact that they have misconceptions, but it’s also true that they have a certain amount of fear. One type of change managers love to resist is the implementation of new ERP software. New software often...
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!