Cybercrime and ERP: How Vulnerable is Your Organization?
Hackers are not the only ones busy developing harmful, security-breaching code. Adopting the hacker-mindset, security researchers are also hard at work writing code with the intent to infiltrate ERP systems. Researchers’ efforts, however, will most likely help...Guest Blog: Don’t Forget to Budget for Microsoft Dynamics GP 2013 Hardware Requirements
Most organizations realize that the cost of implementing ERP software is more than just the licensing fees. There are the annual maintenance fees, implementation services costs and of course, hardware costs. Many companies carefully budget for the costs of the...A Day in the Life of a CIO (During an ERP Implementation)
The life of a CIO is anything but easy – and when you throw an ERP implementation into the mix, all bets are off. CIOs of organizations undergoing large-scale ERP implementations are required to maintain a delicate balance between their role on the executive team and...The Price Tag of ERP Failure: $440 Million?
As details regarding Knight Capital’s dramatic ERP failure continue to emerge, it becomes clear that organizations that don’t effectively handle their ERP implementations can (and often do) end up paying a price almost beyond comprehension. For those who haven’t followed the news, Knight Capital recently lost over $400 million in a matter of minutes because of a […]
Top Ways to Derail ERP System Usage
Are you looking for ways to obliterate any return from your ERP system, confuse your employees and/or compromise your organizational health overall? Then you’re in the right place! We’ve collected the top ways to do just that! Keep reading for our tips on how to systematically — and permanently — derail ERP software usage at […]
Why Do ERP Implementations So Often Hurt Bottom-line Financial Results?
If you’ve followed our blog for any significant period of time, you have probably picked up on the fact that we view ERP implementations as business initiatives rather than software or technology projects. While this concept may sound esoteric on the surface, it...The RBS Failure in Practical Terms: How to Keep Your Job After an ERP Implementation
In late June, the Royal Bank of Scotland experienced one of the biggest enterprise software failures in recent memory. As a result of their botched upgrade implementation, customers were unable to make or receive payments for several days, which resulted in...Recovering From ERP Bankruptcy
As a follow-up to our recent post, Avoiding Bankruptcy From an ERP Implementation: Three Dirty Secrets, we’d like to take it to the next level and discuss how an organization actually can recover from being driven into bankruptcy by an ERP failure. Indeed, it’s a...Avoiding Bankruptcy From an ERP Implementation: Three Dirty Secrets
An ERP implementation is an incredibly expensive, complicated and risky proposition. As Panorama has seen (and detailed) over the past several years, failed implementations can even drive companies into bankruptcy (e.g., Shane Co., American LaFrance, FoxMeyer Corp.,...Back in the Saddle Again: Getting Your ERP Implementation Back on Track
Unfortunately, ERP implementations still aren’t any easier than they were 15 years ago when I started in the ERP world. Despite the enterprise software industry’s best intentions to mitigate risk with cloud ERP systems, implementation accelerators, and other tools,...The Trickle-Down Effect of IT Failures
As a follow-up to Monday’s post about ERP failure, we decided to take a look at some surprising data about the effects of such a failure on not only the companies who experience it — but the companies on both sides of the supply chain who also can be...Post-Mortem Analysis of ERP Lawsuits and Failure Points
As recently outlined in the press, two high-profile organizations have fallen victim to yet two more ERP implementation failures. SuperDry and Tesco Bank, both based in the UK, blamed their recent financial woes on disastrous ERP failures. SuperDry, a fashion...Stopping ERP System Workarounds Dead in Their Tracks
A recent study by ERP software vendor IFS found that a staggering 75-percent of respondents aged 35 and under reported that when an enterprise solution is too difficult to use, they’ll turn to a desktop spreadsheet software (i.e, Microsoft Excel) to get their...What Was the Cause of the Recent Epicor ERP Implementation Failure and Lawsuit?
A few weeks ago, ComputerWorld published an article about a recent Epicor implementation failure and lawsuit. The suit alleges that Whaley Foodservice Repairs tried and failed to implement Epicor Vantage after an extended period. One of the key difficulties with the...Can Traditional Project Management Keep Its Place in the IT World?
Revelations about the IT failures of the new millennium suggest not! A recent study of over 1,400 organizations reveals some startling new facts about mega-failures in IT, including huge overruns. Whilst the study found average overrun was 27-percent, one in six...Back to School: When Will ERP Software Customers Learn to Avoid Failure?
As kids across the country begin heading their way back to school for the new academic year, CIOs and their respective organizations appear to still be getting schooled on the harsh realities of ERP implementations. In the last week, two fairly high-profile lawsuits...Defining an IT Strategy for Your Organization
Many of our clients hire us when they know they need help selecting and implementation a new ERP system. Often times, these clients know the general direction they want to go with their enterprise initiatives and simply need help navigating the options and...The Woe of Idaho: How Ignoring End-Users Derailed an ERP Implementation
In late March, state auditors in Idaho released a damning report about a host of issues surrounding the implementation and usage of a state ERP system meant to process health care provider claims for Medicaid patients. The ERP system (which was provided by Unisys, now...
