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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ERP vs CMMS: Do You Know the Difference?
In your quest to find the best enterprise software for your organization, you’ve likely come across plenty of platforms that sound like they could meet your needs. In fact, you might have found that many of these systems have similar, overlapping functionality. ...
HRIS vs HCM vs HRMS: What’s the Difference?
According to a recent global report, nearly 50% of companies are currently using some form of HR software-as-a-service (SaaS) or platform or a hybrid solution. In 2019, only 20% of companies had adopted such strategies. Are you thinking about implementing HR...
Predictive vs Prescriptive Analytics: What’s the Difference?
The field of business analytics is rapidly expanding. Organizations are finding ways to capture large volumes of data and leverage advanced tools to help them turn these insights into action. Without the right approach or the right technology, it can be difficult to...
What is a Supply Chain Management System?
What is a supply chain management system? In short, it’s the software your company uses to manage the flow of goods, data and resources related to any product or service you sell, moving it from raw material procurement to final delivery. Today, we’re...
Predictive HR Analytics: Understanding the Basics
Traditionally, HR has been a high-risk field based largely on soft science. While an interviewee might seem like the ideal candidate, you won’t know for sure if they’re a good fit until you hire them. Similarly, when looking at existing employees, it can...
Supply Chain Predictive Analytics: What You Need to Know Before Diving in
Optimizing supply chain activities has always been a laborious and time-consuming task. Now, those efforts are more challenging than ever before. As a result, business leaders are looking closely at supply chain predictive analytics. These tools help businesses...
Voice Directed Picking: Should You Include it in Your Enterprise Software Project?
The world of inventory management is constantly changing. As the innovation continues, more and more enterprise software applications and capabilities enter the market, helping companies improve their warehouse processes. One of these innovations is voice directed...
ERP in Financial Management: 7 Features You Can’t Live Without
Finance professionals are tasked with handling the day-to-day transactions that keep a business afloat. When those processes are automated, organizations can gain new efficiencies, increase accuracy, and lower overall costs. Wondering about the benefits of ERP in...
How to Select a Tier 1 ERP System: 5 Tailored Tips
Every year, we conduct an independent analysis of the Tier 1 ERP vendors. The analysis, known as Clash of the Titans, is based on data we collect from organizations that have implemented SAP, Oracle, Microsoft, or Infor products. As we release our 2022 Clash of the...
What is Distribution ERP Software? (Find Out so You’re Not Left in the Dust)
What is distribution ERP? This is a specific type of ERP software that’s designed to meet the needs of companies within the distribution industry. In addition to basic operational components, such as accounting and HR, distributors also gain access to unique...
What is Shelfware and How Can You Prevent Those Cobwebs?
What is shelfware? This is a common term for software that is unusable or inoperable. In other words, it metaphorically “sits on the shelf” at an organization. Enterprise software is a significant investment intended to improve your bottom line. When it doesn’t...
Important Features of ERP Systems Available Within End-to-End Solutions
All-in-one ERP systems – or end-to-end ERP systems – are systems that provide a breadth of functionality within a single solution. In other words, you don’t have to integrate them with third-party applications to obtain key features. These robust systems are...
Business Intelligence and AI: Understanding the Potential and the Best Practices
More than half (54%) of business leaders cite cloud-based business intelligence (BI) as being vital to their current and future initiatives. For many of these leaders, the need for BI was fueled by the pandemic, which rapidly moved their operations online. For others,...
Machine Learning in Accounting: What You Need to Know Before Evaluating ERP Systems
According to one recent report, seven in ten finance teams spend up to 10 hours each week, or 520 hours a year, on manual accounts payable (AP) tasks that could be automated. From invoice processing to payment reconciliation, these tasks consume a good portion of...
RPA Overview: Robotic Process Automation Explained
Machine learning and artificial intelligence are becoming more prominent across industries. Now, robotic process automation (RPA) is the latest buzzword to join the ranks. Spending on RPA is expected to reach $2.4 billion in 2022. However, there is still much to learn...
Top 10 ERP Software to Fulfill Your 2022 Goals
Organizations evaluating ERP software have hundreds of systems to choose from. To give you an idea of how many there are, we track more than 250 systems in our internal ERP vendor database. Clearly, the ERP comparison process can be daunting, which is why we developed...
SAP vs Oracle: Which ERP System Should You Choose?
Companies with a long-term IT digital strategy that involves rapid growth and innovation often look to large ERP vendors, like SAP, Oracle and other Tier I vendors. This is not surprising. After all, one advantage large vendors have over smaller vendors is other...
Machine Learning in Retail Supply Chain Management: What are the Benefits?
Future-focused retailers are using artificial intelligence (AI) and machine learning technologies to improve transparency, balance inventory, and meet buyer demands. As they do so, they are achieving benefits such as: Smarter demand forecasting Quicker anomaly...
Supply Chain Planning and Control: How to Get it Right
The unpredictable global economy has taken its toll on almost every industry, underscoring the need for robust supply chain planning and control. In other words, organizations need to efficiently coordinate assets as goods, services, and information are delivered...
