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 Target Canada Supply Chain Failure
With a net worth of around $104 billion, there's no denying that Target is a retail giant. However, when the corporation tried to replicate its U.S. success in Canada, even its reputation as an industry mainstay couldn't save its efforts from collapsing. Within two...
How to Set a Change Management Budget
Whether you're implementing new ERP software or simply improving your business processes, investing in organizational change management (OCM) is essential. What is change management? Put simply, it's the process that guides how an organization prepares, equips and...
EAM vs ERP: Which is Right for You?
When you're searching for the right enterprise software, you'll inevitably encounter many acronyms. Often, these sound similar to one another, which is the case with ERP and EAM. Standing for enterprise resource planning and enterprise asset management, respectively,...
Lessons Learned from the Waste Management ERP Failure
In 2005, Waste Management (WM) began a major, enterprise-wide SAP ERP implementation. The project was set to go live by 2007, and SAP projected that WM would be able to net upward of $220 million per year in annual benefits. However, in 2008, a $500 million ERP...
Enterprise Digital Assistants: Must-Have ERP Feature?
Digital assistants have been on the scene since 2011, when Siri was introduced on the iPhone 4S. Since then, they've been largely designated for personal use. However, new enterprise-wide models are expanding the possibilities of these assistants. In fact, many ERP...
Lessons Learned from the Air Force ERP Failure
In late 2020, the U.S. Air Force resumed work on an ERP implementation that was originally scrapped back in 2012. The new effort is still underway, set to be completed over a five-year timeline. To understand why the project has been resurrected, it's necessary to go...
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!
