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 CityTime ERP Failure
In 2003, city leaders initiated an effort to update and modernize New York City's payroll system for local government employees. The project, aptly named CityTime, started with a budget of $63 million. In 2011, NYC mayor Michael Bloomberg demanded that the systems...
![What is Open Source ERP? [Pros & Cons to Consider]](https://www.panorama-consulting.com/wp-content/uploads/2021/06/what-is-open-source-erp.jpg.webp)
What is Open Source ERP? [Pros & Cons to Consider]
What is open source ERP? Put simply, it's an ERP system with a publicly available source code. While the potential benefits of ERP software are enormous, the reality is that the price tag can be equally sizeable. If you're looking for a more cost-effective way to...
![Consequences of Poor Change Management [Don’t do the Bare Minimum]](https://www.panorama-consulting.com/wp-content/uploads/2021/05/consequences-of-poor-change-management.jpg.webp)
Consequences of Poor Change Management [Don’t do the Bare Minimum]
When your organization is on the cusp of a major change, it's easy to get caught up in the whirlwind. In all this excitement, it can be easy to underestimate the risks of pressing ahead too quickly. In particular, if you’re moving so quickly that you fail to account...
What is a Value Added Reseller in an ERP Implementation?
What is a value added reseller of ERP software? This is a company that provides different features or services than the ERP vendor it represents. A value added reseller (VAR) has goals aligned with the vendor, but it also has its own unique goals, typically related to...
Lessons Learned from the Under Armour ERP Failure
For more than six years, Under Armour was on a steady upswing. However, near the end of 2016, this growth came to an abrupt end. Stock prices dropped nearly 27% and profits fell 58%. The problems snowballed throughout 2017. At the root of the decline? A flawed SAP...
How Digital Transformation is Changing Project Management
According to a recent industry survey, 90% of IT leaders plan to fast-track their digital transformations to remain agile and resilient in today's rapidly changing marketplace. Currently, 63% have already accelerated those efforts. Your organization may have digitized...
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!
