8 Key Benefits of Epicor ERP
Updated: Mar 26
Imagine running a large manufacturing, trading, retail, or construction company. Your everyday routine will involve managing complex processes, improving productivity, minimizing human errors, and optimizing the operational costs.
You cannot do these processes manually, even if you recruit an army of people to do it.
To manage the various aspects of your business, you need a robust solution like Enterprise Resource Planning (ERP).
ERP enables you to standardize the processes and compliances, increase productivity and efficiency, and promote on-time delivery of products using a unified platform.
You can choose from an array of ERP software solutions available in the market.In this blog, we will specifically talk about how Epicor ERP can be a good fit for your business.
What is Epicor ERP, and what makes it different?
Epicor is an Austin-based company. It sells ERP software to companies of various sizes ranging from small-sized businesses to large enterprises. Epicor offers on-premise, hosted, or cloud-based ERP solutions to organizations. It was recently recognized as one of the top four ERP vendors to watch for in 2020. It was also named as the visionary in Gartner’s 2018 Magic Quadrant for Cloud ERP for product-centric midsize enterprises.
With over 5000 organizations using Epicor ERP, it is one of the most widely accepted ERP solutions in retail, manufacturing, hospitality, and engineering industries. Its financial management, supply-chain management, and customer-relationship management components make it one of the most sought-after ERP software in the industry.
How can your business benefit from Epicor ERP?
Let’s dig in further to know how your business can benefit from Epicor ERP.
1. Enhanced Collaboration
The process of acquiring the customer to fulfilling their request needs you to coordinate with multiple stakeholders. Epicor ERP removes the silos and allows users to respond to challenges, resolve issues, reduce bottlenecks, and ensure timely delivery of products.
For instance, Kilto Family Oy, a Finland-based chemical business, was working with seven different ERP solutions. This led to a waste of time and money, as they had to consolidate the information stored in disparate systems regularly. They wanted to streamline their processes and,therefore, shifted to Epicor’s ERP and Epicor’s iScala.
The two-tiered ERP solution enabled them to consolidate all their information in one place and improve their day-to-day operations. It helped them to streamline the business and save time and money.
2. Power of Choice
No two companies are the same. They have their own set of goals, rules, and processes. So, a one-size-fits-all ERP solution may not work for all the companies. Epicor ERP offers you the power of choice. For example, does your business require an on-premise ERP solution, or will a protected cloud solution be acceptable? These are choices that Epicor allows you to make. It enables you to access information from anywhere, anytime on any device you prefer to use.
3. Faster Time to Market
Epicor simplifies time-to-market, improves performance, and promotes growth. It provides real-time updates leaving no scope for errors. The best part about the Epicor ERP is that it offers tools to streamline the processes and offers agility to respond to changes.
For instance, AGM Container Controls manufactures container hardware for containers that hold missiles, engines, and other sensitive equipment. Some of the challenges that AGM faced included economic downturns, budget cuts in defense, and globalization. AGM used Epicor’s ERP to reduce costs, increase efficiency, and improve the time-to-market of new products. Epicor provided the managers with clarity on the issues they could anticipate in the future. This enabled the managers to respond quickly to customer demands and led to a record-high 95% on-time shipping.
Considering that people across the organization use ERP software, it has to be user-friendly and easy-to-use, even for a non-technical person. Epicor’s ERP simplifies everything – right from initial deployment to completion of everyday tasks. It has a clean, modern interface and in-context training that makes user adoption easy. Epicor ERP is also easy to deploy, access, learn, use, and upgrade – making it the top choice for companies of all sizes and industries.
Barton & Company, a lumber and building materials supplier, found their old system cumbersome to learn. They shifted to Epicor’s new ERP that had an intuitive and user-friendly interface. The company was able to keep new people on board and could even shorten the training period.
Today people work on the go. So, why should ERP solutions be limited to desktop alone? Epicor ERP’s mobility feature reduces the dependency on desktops and allows people to work from anywhere and on any device. Its intuitive dashboards, web access capability, and real-time information facilitate efficiency and accelerate the decision-making process. Epicor ERP integrates with all touchpoints making it easier to maintain a relationship with the suppliers, customers, and partners.
6. Industry-Specific Capabilities
Over 40+ years, Epicor has engaged, collaborated, and worked closely with its customers to develop industry-specific functionality in the software. It shares industry best practices with its users so that companies don’t need to customize the software too much for their needs.
Epicor is a highly modularized ERP. Organizations can choose to deploy it one module at a time or set it up as a complete solution in one go. It offers capabilities to manage various business processes such as CRM, accounting, finance, HR, inventory,and also project management. Enterprises can also choose to implement the ERP solution one department at a time, allowing them to start small and scale over time. Furthermore, Epicore ERP can also be integrated easily with existing systems via the separately offered EDI Managed Service.
8. Global Appeal
With Epicor, companies get out-of-the-box functionality to use multiple languages and currencies. With the growing needs of the business, adding new languages and currencies to the system is very easy. The system also takes care of country-specific tax codes and regulatory compliances.
Epicor – The only solution that you need
Epicor ERP is ideal for all kinds of organizations.
Where you are looking for a solution that provides real-time updates on inventory or mobile point of sale (POS) system for your retail business or you are a distributor looking for a solution that automates the process of entering the customer order information, Epicor ERP is the right fit for your organization. It’s user-friendly and advanced features can help you save time and money on managing your complex processes.
An ERP implementation requires a considerable investment of time and money. So, before you invest in Epicor ERP, we recommend you plan the implementation with the help of experts who not only understand the features and functionalities of Epicor but also are the domain experts and guide you through the whole process.
Connect with our Epicor ERP experts today.