What’s new with Epicor ERP?
It’s all about growth…
“Our focus is to help you grow.”
– Himanshu Palsule, CTO Epicor
Unveiled at its Insights 2017 customer conference today, Epicor introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of customers in 150 countries worldwide. Building on the strengths of its cloud-first architecture, the latest release provides powerful new capabilities to support operational excellence, improved visibility, and revenue expansion — critical to achieve sustained growth in the increasingly competitive and fast-paced global business arena, with new functionality to support top-line revenue growth while controlling bottom-line costs.
The unveiling — made at the Epicor Insights 2017 customer conference — follows the January 2017 acquisition of DocStar, at which time Epicor announced the expansion of its cloud-based solutions portfolio and commitment to integrating DocStar’s powerful document management and process automation capabilities into its ERP platforms to support improved return on investment and better business outcomes. Epicor Insights is the ERP innovator’s largest global customer conference, with nearly 4,000 users worldwide attending this week hosted at the Gaylord Opryland Resort and Convention Center in Nashville.
The new integrated ECM functionality addresses a broad range of business requirements, including the following:
- Content & Context: Users can upload and retrieve documents from a secure repository directly from the Epicor ERP user interface, saving employee time and effort and improving decision making.
- One Version. One Truth. Organizations can guarantee file integrity with time and date stamps and version control so they can always be assured of accuracy when uploading, retrieving and attaching documents to the ERP objects/tables, including sales orders, purchase orders, parts and more.
- Customer Collaboration. Making business processes transparent and/or open to engagement from customers and suppliers can support improved satisfaction and stronger relationships and loyalty, which can contribute to better business outcomes.
- Streamlining & Scaling: Digitization and process automation helps organizations experience newfound efficiency to accomplish more with fewer resources, support the virtualization of work and provide the foundation for growth.
The new integrated document management and process automation capabilities—deployed in the cloud or on premises—enable organizations to achieve their fullest potential, by scaling and modernizing operations and enabling greater collaboration.
Sanjay Kumar, vice president, product management, Epicor Software, reports that Epicor customers now can make data and transactions flow efficiently throughout the organization and enhance collaboration with their Epicor ERP system, customers, and partners for better business outcomes. Organizations also have new means to support full visibility and auditability for best-practice compliance and governance.
What other digital transformations are powering Epicor’s latest ERP?
New Data Analytics for Better Insights: Epicor ERP features enhanced, industry-focused Epicor Data Analytics (EDA), which offers flexible and easy-to-use analytics tightly integrated with Epicor ERP. A cloud data analytics solution requiring low upfront cost and quick implementation and can be accessed via desktop or any mobile device, EDA drives operational visibility for improved decision making via rich out-of-the-box dashboards that are configurable, and the ability to “drill-down” into supporting data for deeper insights. Modular, pre-built content packs for sales, financials, materials, and production empower organizations to ask and answer questions about their business to uncover new growth opportunities and efficiencies for improved performance.
New Tools for Greater Productivity in Front- and Back-End Processes: The latest version of Epicor ERP features enhancements to its configure-to-order design function with a 2D Design Visualization Tool, enabling easy viewing of models and drawings, markup in 2D, and real-time collaboration on design documents over a network. Enhancements to Epicor Manifest automated shipping software streamline shipping processes via new powerful integrated shipping rates and parcel carrier options directly at the point of order quotation, order entry and/or shipping. Epicor Manifest also now integrates with Less than Load (LTL) regional carriers, opening up a wide range of new shipping options.
International Financial and Compliance Capabilities to Spur Global Growth: Doing business globally requires a robust and broad reaching tax accounting, international trade and regulatory compliance foundation. The latest version of Epicor ERP features expanded international financial applications and a new electronic compliance engine to ease complexity, improve visibility and controls to support strong financial operations and reduced risk while lowering the cost of compliance. New functionality localized for specific geographic regions supports compliance and reporting, tax and payment processing, and international trade requirements. These capabilities pave the way for operational expansion into high-growth manufacturing markets
Cloud. Cloud. Cloud. Cloud. Cloud! Expanding the company’s commitment to its cloud-first approach, the latest version of Epicor ERP is now available in a dedicated tenancy cloud deployment model, in addition to multi-tenancy and single-tenancy deployment options. Available for North American customers now, the new dedicated cloud option offers the benefits of greater flexibility and control, and can be ideal for organizations needing to adhere to specific regulatory compliance regulations. In contrast to the multi-tenant model, which achieves significant scale economies by deploying clients on the same application server and the same database, dedicated tenancy provides each client its own database, with the dynamic elasticity and cost benefits of shared application servers.
Team CompuData is attending Epicor Insights 2017! Follow on Twitter @CompuDataInc and CompuData CEO Angela Nadeau @AngelaNadeau for tweets from the largest Epicor event of the year!