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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Questions to Ask ERP Vendors During Software Selection
Are you in the ERP selection phase of your enterprise software implementation? With so many interests from various stakeholders, you might be wondering what’s most important so you can ask ERP vendors the right questions. Today, we’re sharing the top questions...
Professional Services Software: What is it and Why Might You Need it?
Whether you’re an accounting firm, law firm, engineering firm, or a firm providing other specialized services, you need to be asking, “What technology will support our company through all the changes it will experience in the coming years?” As customers become more...
ERP Business Functions Found in Most ERP Systems
Are you a department manager trying to make a business case for ERP? Convincing your executive leadership to embrace an implementation can be a herculean task, but it’s a critical one. Without executive buy-in, it’s impossible to obtain the resources you...
How State Governments Should Evaluate Cloud ERP Functionality
State governments want their software to be secure, compliant, and designed for the 21st century. As such, many state governments are evaluating their current ERP platforms to determine how to modernize financials, procurement, human capital management, and payroll...
How to Develop an IT Strategy to Guide Your ERP Selection
Feeling overwhelmed by the sheer number of enterprise software solutions on the market today? You can shorten the list and save your sanity by building an IT strategy. The right strategy will help you sift through the options to reveal the best ERP vendor for your...![What is an Industry Specific ERP Solution? [7 Benefits]](https://www.panorama-consulting.com/wp-content/uploads/2021/08/what-is-an-industry-specific-ERP-solution.png.webp)
What is an Industry Specific ERP Solution? [7 Benefits]
What is an industry specific ERP solution? In short, it’s a feature-rich system that caters to the unique needs of your niche. These ERP systems include specialized modules and functionality that your specific industry requires. Many out-of-the-box ERP platforms...
Excel vs ERP: As Different as Night and Day
Since its launch in 1985, Microsoft Excel has been the go-to business management software that executives around the world use to store and manage their day-to-day operational data. However, brand recognition and longevity can only take an application so far. In the...
ERP Implementation in the Retail Industry: What to Look for in Retail Technology
Retailers around the world are accelerating their digital transformation efforts. These efforts are being primarily driven by changes in consumer shopping behaviors. To meet these new demands, retailers are increasingly focusing on creating dynamic, interactive...
ERP Implementation Payback: When Might You Recoup the Cost of ERP?
When you implement an ERP system, you naturally expect a return. This return is often in the form of increased profits and performance, through more efficient processes and smarter insights. At a certain point, this return will counterbalance the money you spent on...![The Role of ERP in the Pharmaceutical Industry [3 Benefits]](https://www.panorama-consulting.com/wp-content/uploads/2021/07/role-of-ERP-in-the-pharmaceutical-industry.png.webp)
The Role of ERP in the Pharmaceutical Industry [3 Benefits]
There has always been an impetus on the pharmaceutical sector to invest in technologies that improve product quality and patient care. In the coming months, these investments are expected to accelerate, fueled in large part by recent global events. According to...![What is an eCommerce Platform? [Are Your Customers Longing for One?]](https://www.panorama-consulting.com/wp-content/uploads/2021/06/what-is-an-ecommerce-platform.png.webp)
What is an eCommerce Platform? [Are Your Customers Longing for One?]
What is an eCommerce platform? This is a type of software that allows consumers to access and purchase your goods or services over the internet. Online sales are rapidly rising. In the first quarter of 2021, retail eCommerce sales in the U.S. totaled $215 billion. ...
Custom ERP Software: Should You Even Consider it?
We’ve become a world obsessed with DIY. Our televisions, computers, and smartphones are all customizable, and many of us believe, “If you can dream it, you can do it!” While it’s a noble and sometimes true catchphrase, it doesn’t always translate to...![Implementing Blockchain in ERP [6 Benefits]](https://www.panorama-consulting.com/wp-content/uploads/2021/06/implementing-blockchain-in-ERP.png.webp)
Implementing Blockchain in ERP [6 Benefits]
In recent years, the world of cryptocurrency has grown to monolithic proportions. In April 2021, the market hit an all-time record high. When you think of digital currencies, like Bitcoin, you might think of blockchain. While these two concepts are related,...![What is Open Source ERP? [Pros & Cons to Consider]](https://www.panorama-consulting.com/wp-content/uploads/2021/06/what-is-open-source-erp.jpg.webp)
What is Open Source ERP? [Pros & Cons to Consider]
What is open source ERP? Put simply, it’s an ERP system with a publicly available source code. While the potential benefits of ERP software are enormous, the reality is that the price tag can be equally sizeable. If you’re looking for a more cost-effective...
What is a Value Added Reseller in an ERP Implementation?
What is a value added reseller of ERP software? This is a company that provides different features or services than the ERP vendor it represents. A value added reseller (VAR) has goals aligned with the vendor, but it also has its own unique goals, typically related to...![What is a Gap Analysis in ERP? [4 Potential Gaps You May Need to Address]](https://www.panorama-consulting.com/wp-content/uploads/2021/05/what-is-gap-analysis-in-erp.jpg.webp)
What is a Gap Analysis in ERP? [4 Potential Gaps You May Need to Address]
What is a gap analysis in ERP? In short, it’s the process of evaluating your ERP system to make sure it’s aligned with your business needs. Sometimes, gaps exist because the software isn’t designed to support certain functions. Other times, gaps can be...
What are ERP Dashboards: Are They All the Same?
What are ERP dashboards? They are views available within an ERP system that you can regularly access to view metrics and gain insights into key performance indicators. Operational visibility is a chief reason why many organizations pursue an ERP...
The Top 5 ERP Software for Architects
ERP software for architects can help architects keep projects organized, manage costs and expenses, and so much more. At Panorama Consulting, we can help you take advantage of all these benefits, but first, you have to select the right system. Based on our experience,...
What is EDI in ERP – Is it an Integration Worth Exploring?
We’ve talked about digital twins and enterprise digital assistants. Let’s unpack another piece of terminology that ERP vendors use: EDI. What is EDI in ERP? Standing for Electronic Data Interchange, it’s a standardized method of exchanging electronic business...
