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.
Private Equity & Venture Capital Insights: How to Help a Portfolio Company Achieve Merger Success
According to Harvard Business Review (HBR), up to 90% of all mergers and acquisitions fail. While these this can be a harrowing number, it doesn't have to be your reality. If you’re considering taking a portfolio company through an M&A event, there are steps you...
How to Achieve ERP Business Benefits
During ERP selection, companies typically see limitless possibilities in terms of potential improvements to their businesses. However, somewhere along the way, many projects fall short of expectations and the benefits of ERP underwhelm executive expectations. In our...
Private Equity & Venture Capital Insights: 8 Business Drivers for Digital Transformation in Struggling Companies
The hardest part is over. You've helped a struggling company get back on its feet, and now you’re thinking about how to transform the company to yield revenue growth. Does this necessarily mean you need to pursue digital transformation? It depends. In this post, we’ve...
Private Equity & Venture Capital Insights: How to Find a Good Turnaround and Restructuring Consulting Firm
Choosing a business turnaround consultant is an important decision for any struggling organization, but perhaps even more so for private equity and venture capital firms with struggling companies in their portfolios. If you’re in this situation, you need reliable data...
What is Change Management?
What is change management? Put simply, it's the process that guides how an organization prepares, equips and empowers its workforce to successfully navigate organizational change. Are your employees as agile and adaptive as your enterprise strategy? If not, you...
Private Equity & Venture Capital Insights: Business Risks in the Food and Beverage Industry
The global food and beverage (F&B) industry is a lucrative and expanding industry, but not all companies are successful in it. There are many scenarios and risks that can cause your F&B portfolio companies to struggle, ranging from compliance issues to lagging...
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!
