REPORT
The 2022 ERP Report
Every year, Panorama analyzes industry trends to understand organizations’ selection and implementation practices when it comes to enterprise software.
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Digital Transformation Failure (7 Reasons it’s Rampant)
There are many benefits of digital transformation, so few organizations anticipate that such a promising initiative could ultimately fail. However, there are several issues that can cause these projects to go off-track (and stay there). If you know what issues to...
Project Management Failure: How it Impacts ERP Implementations
When ERP implementations fail, companies lose more than just money. They also damage their reputations, strain their partnerships, and diminish their customer loyalty. While there are many causes of ERP failure, several of these fall under one category: project...
5 Challenges of Implementing an HRIS (& How to Overcome Them)
Automating key HR processes can alleviate internal strain and free up in-house resources. A human resource information system (HRIS) is designed for this purpose. HRIS systems have built-in tools that allow companies to meet core HR needs while improving employee...
The Challenges of Implementing Business Process Reengineering
Business processes create repeatable workflows that take the guesswork out of everyday tasks. Without them, you’d be reinventing the wheel at every turn, leaving your employees frustrated, overwhelmed, and unable to make real progress. While some processes may serve...
7 Ubiquitous Reasons for Software Failure (All Types of Software Can Deliver Low ROI)
We’ve talked a lot about ERP failure over the years. However, we know that ERP software isn’t the only type of software that can fail to deliver on expectations. There are various types of enterprise software with abysmal failure rates, whether it’s SCM software, CRM...
6 Challenges of Implementing an EHR System
According to the CDC, nearly 90% of physicians use an electronic health records (EHR) system in their offices. Are you considering implementing one in your practice? An EHR system serves as a digital recordkeeping solution. Physicians and healthcare administrators can...
Data Quality Issues in Implementing an ERP System (These Issues Can Lead to ERP Failure)
According to one recent report, only 5% of enterprise executives trust their data and have a high amount of confidence in it. The other 95% aren’t so sure. If you’re implementing ERP software, it’s critical to ensure the data you’re moving is clean,...
Lessons Learned From the Lumber Liquidators ERP Failure
In November 2010, Lumber Liquidators announced its earnings for the third quarter of that year. They weren’t stellar. In fact, they’d dropped 45% relative to the prior year. What was going on? The prominent flooring retailer attributed the dip to its...
Is a CPQ Failed Implementation on Your Horizon? (6 Tips for Avoiding it)
Done right, CPQ software can empower sales reps to close deals more efficiently and keep customers happy. It can also allow organizations to expand their sales capacities and even introduce new revenue models. However, there are many pitfalls that can lead to a CPQ...![The Challenges of Implementing Enterprise Mobility [& How to Overcome Them]](https://www.panorama-consulting.com/wp-content/uploads/2021/10/challenges-of-implementing-enterprise-mobility.png.webp)
The Challenges of Implementing Enterprise Mobility [& How to Overcome Them]
One of the most promising benefits of enterprise software is that it enables all employees to access the same data, regardless of their location or time zone. As more organizations implement this technology, workplaces are becoming increasingly dispersed and...
IoT Failure Deferred: How to Ensure Your Project Achieves Measurable Business Benefits
When we refer to the Internet of Things (IoT), we’re talking about the massive, worldwide network of physical objects embedded with smart technologies that allow these objects to connect and exchange data over the internet. It’s estimated that global IoT...
5 Challenges of Digital Transformation in Manufacturing
According to a recent report, more than 50% of U.S. manufacturers have either started or plan to start digital transformation initiatives to improve their operational performance. To a large extent, much of this movement is fueled by the pandemic. Last year,...
ERP System Integration Risks That can Lead to a Data Disaster if Unaddressed
When an organization is ready to begin ERP implementation, they are understandably apprehensive. One of their top worries typically involves systems integration. How will the new ERP solution interact with our existing systems, and how will we ensure data integrity?...
ERP Vendor Disputes: How They Arise and How to Prevent Them
In an ERP implementation, your software vendor can be your greatest ally. However, there can be circumstances that strain this relationship and lead to conflict. If you find yourself embroiled in ERP vendor disputes, it can lead to setbacks, delays, and cost overruns....
Lessons Learned from the GE Digital Transformation Failure
A world energy leader and global powerhouse, GE has made a name for itself with just two letters. Yet even the biggest companies realize they have room for improvement, and GE was no exception. For years, GE talked about a digital transformation that would propel it...
Lessons Learned from the Rent the Runway Failure
Since its inception in 2009, roughly 11 million subscribers have used the eCommerce fashion service, Rent the Runway, to score deals on more than 650 designer brands that might have been otherwise unobtainable. However, ten years later, the brand was the subject of a...
Lessons Learned from the BBC Digital Transformation Failure
While a digital transformation can take a company to new heights, it can also open a company up to new risks. This was the case in 2013 when the British Broadcasting Corporation (BBC) officially canceled its Digital Media Initiative (DMI). A complex program designed...![ERP Failure Reasons We See Again and Again [8 Avoidable Snares]](https://www.panorama-consulting.com/wp-content/uploads/2021/08/erp-failure-reasons.png.webp)
ERP Failure Reasons We See Again and Again [8 Avoidable Snares]
You’ve likely heard plenty of stories of companies that implemented a new ERP system only to end up overpaying for software that underdelivered. In fact, a recent survey found that more than half of organizations deploying ERP strategies to modernize their...
Lessons Learned from the TSB Software Failure
In 2018, the UK’s Trustee Savings Bank (TSB) experienced a massive IT migration failure that left nearly 2 million customers locked out of their accounts. The events were so catastrophic that by the beginning of 2020, TSB had abandoned the project...
