Palace were given the run-around by Swansea in the Premier League on Sunday, beaten 2-0 at Selhurst Park.
However, it could have been much worse, with boss Ian Holloway admitting that he could not find a single positive in the match.
Jerome was one of the Eagles' 15 summer arrivals and had no arguments with Holloway's view, but the on-loan Stoke man believes there is much more to come.
"Swansea are a very good footballing side and you have got to give them credit," he said.
"It is all a new process for us, we have got so many new players and stuff like that.
"It is just finding the right ingredients and getting that understanding together. We have got to do that sooner rather than later.
"We know we can play a lot better than that, but sometimes you have got to hold your hands up and say you were beaten by the better side.
"We have got to move on. If you dwell on things in this league, you are chewed up and spat out.
"Maybe we showed them a little bit too much respect and sat off them. You have got learn to cut out the mistakes as soon as possible.
"If we can do that and make sure we give our all, I am sure we can hurt teams here. It is just about us gelling together. That is not an excuse but all these little factors do add up."
Jerome expects Marouane Chamakh to be a pivotal figure at Selhurst Park following his move from Arsenal.
"The gaffer brought him in and he is a good player," Jerome said of his fellow striker.
"I don't think he had a fair crack of the whip at Arsenal and he works very hard for the team.
"He is unselfish and brings other people into play. We can work that and he can be a key focal point for the team.
"The more you play, the more you get an understanding. Sometimes you hit it off instantly but sometimes it takes time to click. The manager has got competition for places."
Holloyway will be the next manager out the door. I love Ollie and the way he's a bit of a joker and comes out with some crazy stuff. But i don't think Crystal Palace are like the Blackpool board and just in the Premier League to pick up some cash and not worried if they get relegated. Crystal Palace will lose patience with him by the end of October and then try getting in a new manager to see what he can do in terms of assesing the squad and seeing who he can bring in during the transfer window to give them a chance of staying up. They may even take Dougie back from Bolton, hopefully not though,- dannyjohnson