Panorama Consulting Group | People - Process

Lessons Learned From the Lumber Liquidators ERP Failure

by Bill Baumann | Oct 21, 2021 | ERP Blog, Software Expert Witness

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...

Change Management Challenges to Nip in the Bud

by Panorama Consulting Group | Oct 20, 2021 | ERP Blog, Organizational Change Management

Organizational change management is one of the most important aspects of an enterprise software project. It’s also one of the most challenging. As your company embarks on an ERP implementation or digital transformation, it’s important to avoid the change...

Is a CPQ Failed Implementation on Your Horizon? (6 Tips for Avoiding it)

by Bill Baumann | Oct 14, 2021 | ERP Blog, Software Expert Witness

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...

Machine Learning in Accounting: What You Need to Know Before Evaluating ERP Systems

by Panorama Consulting Group | Oct 11, 2021 | ERP Blog, Software Selection

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...

How to Implement an ERP System: Cheat Sheet of ERP Implementation Best Practices and Steps

by Panorama Consulting Group | Oct 11, 2021 | ERP Blog, Software Implementation

An ERP implementation can confound and overwhelm even the most seasoned business leader. Wouldn’t it be great if someone could give you a roadmap of ERP implementation best practices and steps to follow for a seamless integration process? You’d know which...

Change Management in Government ERP Implementations: Do You Need it?

by Panorama Consulting Group | Oct 6, 2021 | ERP Blog, Government, Organizational Change Management

As more government entities turn to ERP as a viable way to improve services and lower costs, ERP implementations are becoming increasingly common. However, they aren’t always a success. While technical problems can contribute, it’s the people and processes...