The Total Guide to Epicor ERP
In this guide, we’ll cover everything you need to know about Epicor ERP integration including market-fit, pricing, features, and comparisons.
We’ve also paired this article with a free e-Book to help companies bridge the gap between their ERP and AP processes. Download “The Last Mile of ERP – Payables Transformation Strategies.”
What is Epicor ERP?
Epicor ERP system is modular, industry-specific software used to manage business processes company-wide. Epicor software works well for managing accounting and finance, human resources, customers, the supply chain, inventory, distribution, and manufacturing production management. Epicor software is available on-premises and as SaaS cloud ERP (enterprise resource planning).
Epicor offers Business Management Platforms as industry-specific ERP solutions.
Epicor Software Corporation innovates to incorporate newer technologies into the ERP system. For example, Epicor uses the Industrial Internet of Things (IIoT) to connect machines with sensors and PLCs (programmable logic controllers) on the shop floor in its Advanced MES (manufacturing execution software) that seamlessly integrates with the Epicor ERP (and MRP) system.
Epicor provides advanced omnichannel, including eCommerce, software for retailers.
Epicor solutions include:
- Manufacturing execution system (MES)
- Supply chain management
- Financial management
- Human capital management (HCM)
- Enterprise content management (DocStar ECM)
- eCommerce & point of sale
- Planning & scheduling
- Business intelligence & analytics
- Customer relationship management (CRM)
- Production management
- Service management
- Payment processing
Which Types of Businesses Use Epicor?
Businesses of all sizes use the Epicor ERP system and business management software, although Epicor customers are mostly mid-market size. Its customers are in 150 countries, with most based in the United States.
Businesses in these industries and more use the Epicor ERP system:
• Lumber and Building Materials
Manufacturers and businesses in service industries use the Epicor service and asset management software solution, which addresses both field service and centralized service operations.
To summarize this Epicor ERP overview, companies looking for a comprehensive management system that keeps up with technology and industry best practices, including government compliance requirements, use Epicor software. Industry research company, Gartner, rates and classifies Epicor as Visionary in its mid-sized company report.
How Much Does Epicor Cost?
Epicor cost is quoted based on the number of users, modules, and business process management software products selected. Epicor ERP is a mid-range business software system. To budget, add implementation costs, consulting, additional IT staff, Epicor training, user group meetings, third-party add-on software, and Epicor per-incident customer service costs.
How Does AP Automation Software Integration Work With Epicor?
Epicor ERP integration with AP automation software lets teams automate and streamline business processes related to accounts payable and payments, saving time and reducing fraud risk. Tipalti SaaS payables automation software combined with Epicor is flat-file integration that’s well-suited for large data transfers for global payments. After completing the Epicor login, users access Tipalti add-on features.
What Are The Primary Features and Advantages of Epicor?
• Embedded project management software in ERP
• Industry-specific software and knowledge
• Advanced MES (Mattec)
• eCommerce and payment processing
• Works with either Epicor CRM or Salesforce integration
• DocStar Enterprise Content Management (ECM)
Epicor includes modern, comprehensive project management software with Work Breakdown Structure (WBS), tracking multi-phase projects. Project management includes revenue recognition that follows accounting standards.
Because Epicor creates industry-specific software reflecting best practices in the industry, customers don’t need to customize Epicor ERP as much as they would for other ERP software. Epicor enhances user’s risk and compliance management by building in forms to meet industry requirements. Epicor strives to anticipate and meet the user’s business needs.
Epicor MES uses real-time connected shop floor (Industrial IoT) for:
- Production monitoring
- Process monitoring
- Quality management
- Alerts and notification
- Production scheduling
- Advanced analytics
- Maintenance management
- Energy monitoring.
Epicor’s DocStar software product manages all content throughout the company for its lifecycle, enabling collaboration and decision-making.
How to Implement & Use Epicor?
Plan the Epicor ERP implementation, map business processes, get commitment, take training courses, watch videos, use experienced Epicor software consultants, and staff well. To get started with Epicor software and use it effectively, read the Epicor New Customer Guidebook. Epicor provides EpicCare Support and user conferences to solve problems and learn more.
Which ERP Systems are Comparable to Epicor?
NetSuite is a highly-rated, comprehensive true cloud ERP system that’s owned by Oracle. NetSuite ERP software targets a wide range of industries. NetSuite serves companies of all sizes and excels at mid-market, like Epicor ERP.
Microsoft Dynamics GP ERP and Epicor primarily serve the small business and mid-size market. Microsoft Dynamics GP was Great Plains. Both ERP solutions are available with on-premises and cloud platforms and work well for manufacturing and distribution companies. GP serves an extensive range of industries. Epicor ERP is industry-specific.
Manufacturing and distribution companies like the features of both Epicor ERP and Microsoft Dynamics NAV (formerly Navision), including production, supply chain, and inventory management. Dynamics NAV is an older ERP system with a loyal following. NAV serves companies of all sizes in many industries.
Sage Intacct is a newer true cloud ERP system endorsed by the AICPA. Sage Intacct ERP works for companies of all sizes in a wide range of industries. Both Epicor ERP and Sage Intacct are best positioned in the midsized company market.
Infor is a cloud ERP system owned by Koch Industries that’s expanded its product lines through acquisitions of other software companies, including Lawson Software. Like Epicor ERP for business process management, Infor offers some industry-specific ERP software solutions. Infor serves companies of all sizes in many industries.
Macola is an ERP system for SMB manufacturers and distributors. Macola includes manufacturing, distribution, project management, CRM, human resources, accounting, and quality management.
Genius ERP is software for SMB custom manufacturing companies that covers business processes for accounting, engineering, purchasing, supply chain and inventory management, CRM, quoting & estimating, scheduling, and job costing.
Wherefour is an ERP system for growing process and batch manufacturing companies of all sizes. Wherefour provides lot and ingredient traceability with a COA certificate, and barcode tracking.
E2 is an ERP system with separate products for manufacturers and job shops. Shoptech E2 Manufacturing System ERP modules include accounting, purchasing with purchase orders, sales orders, estimating, inventory management, scheduling, job costing, shop floor data collection, quality control, and shipping.