Five Powerful Epicor ERP Modules
In a recent software match-up conducted by Technology Evaluation Centers (TEC), Epicor scored the top ranking in five out of 10 modules and was a close second for some of the remaining units. Set up against Infor SyteLine and NetSuite, Epicor made the most impressive showing in this comparison of top ERP vendors for small businesses. Below, we drill down into the five Epicor ERP modules that outranked the competition and discover what makes Epicor a must for SMBs.
At the heart of every financial management system is the General Ledger (GL). Though rarely accessed outside of accounting departments, your entire enterprise depends on the General Ledger. Inaccurate data or poor security in your GL can damage the integrity of the company, slowing down processes or failing to meet government regulations. Epicor General Ledger stands out from the pack by providing both flexibility and accuracy. Businesses can set up unlimited financial books, empowering them to manage whatever reports and accounting features they need while still enjoying one consolidated view of their finances. The chart of accounts (COA) records and reports financials on a highly granular level, giving users a detailed view of fiscal operations.
Epicor’s Accounts Payable (AP) feature generates payments for all invoices, invoices for a single supplier, or specific invoices, empowering users to access the right information the instant a supplier calls. Users can also easily update purchase orders or invoices. Furthermore, Epicor acquired DocStar to revolutionize AP automation by instantly capturing and indexing large volumes of AP invoices and associated content. To maintain your company’s integrity, it’s crucial to always have accurate information on hand, and that’s exactly what Epicor offers.
Epicor’s Accounts Receivable (AR) module stands out for its comprehensive tools, which enable users to manage their every invoicing, credit, cash management and customer management need. Users have access to summarized or detailed views of invoices and customer data, providing them with the information they need when they need it. AR also supports international compliance through a Tax Engine that configures Epicor applications for local and global fiscal reporting. Real-time data and automated features throughout the module equip your business with optimal insight and efficiency.
Job and Project Costing
Epicor ERP’s comprehensive tools provide users with full control over job and project costing to offer a high level of insight that can help businesses achieve big savings. Epicor Project Billing includes tremendous flexibility, allowing users to establish project billing on a project by project basis so that managers can handle billing in the most efficient way possible while remaining in line with a customer’s schedule. Before projects even begin, companies can begin cost analysis through Epicor’s robust quoting functions. Then, a project tracker provides real-time costs for associated transactions, and project managers possess access to a variety of metrics for constant insight. Job costing includes the same flexibility by giving users the tools to calculate job costs on a job-by-job, customer, part, product group or overall company basis.
Last but not least, Epicor Sales Management streamlines the sales process for improved efficiency. This comprehensive module centralizes access to product, pricing and customer information to generate orders in as few steps as possible. Furthermore, it automates manual processes for quoting, proposal generation and order entry to ensure accuracy and fulfill customer expectations. Epicor’s real-time data enables users to access a summarized view of each order as well as insight into order details. With Epicor Sales Management, you can leverage accurate data and intuitive features to satisfy customers.
A few key terms cropped up throughout this piece: accuracy, flexibility and comprehensiveness. It’s these three qualities that differentiate Epicor from other ERP systems. Too many small to mid-size businesses believe they don’t need ERP software, but this study indicates that Epicor has the best modules to enhance the processes of SMBs. The accurate, flexible and comprehensive ERP modules from Epicor empower small businesses to flourish and become competitive forces in their industries.
Still, many SMBs lack the software savvy to take on an Epicor implementation on their own. That’s where Datix comes in. Throughout our 20 years of ERP consulting, Datix has provided measurable improvements for small to mid-size manufacturers and distributors. As an Epicor Platinum Partner, we have established a reputation as a top ERP solutions provider. One of those solutions is Quick Start, a quick, painless Epicor implementation for manufacturers or distributors. With Quick Start, small to mid-size companies can begin their Epicor journey by receiving a cost-effective ERP implementation from Datix’s Epicor experts.
Interested in other Epicor modules? Curious about Datix’s software solutions? Contact us today to learn more!