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 Save Struggling Manufacturing Companies in Your Portfolio
According to a recent survey by the National Association of Manufacturers (NAM), 80% of U.S. manufacturers anticipate a negative financial impact on their business due to the recent coronavirus pandemic. In addition, more than 50% say it will change their operations...
5 HCM Implementation Risks: Don’t Get Burned
Investing in your employees might be one of the smartest business moves you can make, but not all efforts turn out the way you plan. This is especially the case with human capital management (HCM) implementations. Human capital management software is designed to help...
How to Manage SaaS Contracts During Software Selection (so You Don’t Have to File a Lawsuit)
In their efforts to select and implement software as a service (SaaS) ERP systems, many organizations experience challenges. This is where effective contract management is essential. Today, we're taking a closer look at a few important tips that can help you manage...
Tips for Reskilling Employees When Technology Changes Their Job Description
According to a recent survey of more than 3,000 global business decision-makers, nearly 70% said they planned to increase or maintain their digital transformation spending, despite recent setbacks associated with the COVID-19 pandemic. Are you planning to follow suit?...
Can Strategic Communication Solve Some of the Organizational Challenges Posed by COVID-19?
As businesses reopen across much of the US, many employees and managers are reflecting on their workplaces’ level of communication and support during the shutdown and reopening. Maybe your employer’s response seemed adequate, but how does it compare to the response of...
Private Equity & Venture Capital Insights: How to Save a Failing Retail Business in Your Portfolio
As a private equity firm, you likely have struggling businesses in your portfolio, and this may be negatively affecting your stability and your bottom line. Are some of these struggling businesses retail businesses? If so, here are a few strategies to use as you step...
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!
