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.
ERP Real Time Reporting: How to Select a System That Delivers the Data You Need
ERP real time reporting allows you to access your company performance at any given time and get up-to-the-minute, accurate information. In fact, ERP systems with advanced business intelligence (BI) can provide instant updates, facilitating quicker and more informed...
Lessons Learned from the Worth & Company ERP Failure
In 2019, Pennsylvania-based manufacturing firm Worth & Company sued Oracle for $4.5 million, citing major deficiencies in their ERP software implementation. As one of the most esteemed full-service mechanical contractors in the Mid-Atlantic, Worth & Co. had a...
How to Build an Effective ERP Center of Excellence
While a new ERP system may drive many business benefits, how do you ensure it continues to do so for years to come? The answer lies in establishing an ERP center of excellence. Today, we're sharing what this entails and why it could be the most important step in your...
4 Lessons Learned from the Revlon ERP Failure
In March 2019, cosmetics giant Revlon announced that it would be late filing its annual financial report for the year prior. The reason behind the delay? The company's year-old SAP ERP system had been riddled with issues ever since implementation. The resulting...
7 ERP Data Conversion Mistakes to Avoid
Has your organization outgrown its current systems? If so, you might be considering an ERP implementation. However, before you can reap all the benefits, you'll need to transfer your existing data to the new platform. While ERP data conversion might sound simple, it's...
6 ERP Process Documentation Tips
Are you planning to implement an ERP system to help you cut costs and increase efficiency? To achieve these goals, you'll first need to understand your current processes and determine what's working and what’s not. This is called ERP process documentation, and it's an...
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!
