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Products-Epicor ERP

Optimize Fixed Asset Management with Epicor ERP Asset Management

Master Your Fixed-Asset Finances

Operational equipment and machinery gradually lose value over time, leading to increasing depreciation costs each financial period. Epicor's Asset Management, a key feature of Epicor Financials, offers a comprehensive solution to this challenge. By utilizing Asset Management, you can select and configure the most suitable depreciation method for each asset. This ensures that your assets are constantly updated with their true value, automating asset-related entries in the General Ledger and allowing for the generation of reliable financial reports with an accurate EBITDA.

Benefits Built for Finance Experts

Asset-intensive organizations greatly benefit from Epicor's Fixed Asset Management functionality, which seamlessly integrates with other modules within Epicor Financials. This includes purchases, maintenance, time and expense management, General Ledger, and Accounts Payable (AP) accounting. By consolidating all assets and activities within a single platform, finance experts can maintain precise financial control, saving significant time and effort.

Transactional Approach and Automation

Epicor Financials takes a transactional approach to handling asset activities, ensuring reliable and efficient processing of all transactions. Through automation, businesses can configure transaction processes to meet specific requirements. Customizable asset transactions, flexible posting engines, and workflow-based business process management provide solid asset control. Integration with over 1000 external online services allows for customization and desired outcomes.

Epicor Financials - Comprehensive Support

Epicor Financials offers robust global support for asset-intensive businesses, delivering cloud-based financial management solutions. With the ability to confidently run depreciation across multiple sites, companies, or countries, while utilizing currencies for accounting and reporting, Epicor Financials provides a versatile platform. Users benefit from language support, country-specific functionalities, and global business capabilities.

Multiple Depreciation Methods for Custom Solutions

Asset Management in Epicor Financials includes a range of preset depreciation methods such as straight-line, declining balance, fixed amount per period, and more. While these methods are primarily time or activity-based, custom formulas can also be created for unique depreciation requirements. This flexibility allows businesses to tailor their depreciation methods to suit their specific needs.

Streamlined Asset Acquisition and Inventory Management

With Epicor Financials, registering asset purchases is simplified through the integration with Accounts Payable (AP). Adding a new asset merely involves creating an AP invoice line for the asset, ensuring seamless recording and linking of vendor details, amounts, terms, invoices, and payments to the Asset Management module. This streamlined process reduces lead time for all stakeholders involved.

Efficient Asset Transactions and Inventory Control

In some scenarios, organizations may need to transfer inventory items to the Asset Management module. Epicor Financials allows serialized inventory items to be added as additional assets to the asset register, facilitating the generation and booking of asset transactions. This functionality streamlines inventory control processes and ensures accurate asset management.

Enhancing Field Service Asset Management

For businesses handling the sale and delivery of service assets, Epicor Field Service Management (FSM) along with the Service Management module automates the service process. By assisting in assigning the right technicians to the appropriate locations at the optimal times, FSM reduces billing delays and enhances the overall customer experience.

Contact Epicor for Tailored Solutions

If you are looking to optimize your fixed asset management and enhance profitability, Epicor ERP offers a comprehensive Asset Management solution. By leveraging the capabilities of Epicor Financials, businesses can achieve efficient asset control, reliable financial reporting, and seamless integration across various modules. Contact Epicor today to learn more about how Epicor Asset Management can benefit your organization.

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Empowering Manufacturing Success with Epicor ERP Software Planning Kit

8 Considerations When Choosing Your ERP System

When selecting an ERP system for your manufacturing business, several critical factors need to be considered. Epicor's ERP planning kit provides quick tips to help you identify solutions that best fit your business needs. These considerations cover aspects such as scalability, customization, integration capabilities, industry-specific features, user-friendliness, support services, and total cost of ownership. By evaluating these factors, you can make an informed decision that aligns with your manufacturing goals and objectives.

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Empowering Your Business with Epicor ERP Solutions

Epicor ERP: Streamlining Business Operations

Epicor ERP is a leading cloud-based solution designed to streamline and optimize business operations for product-centric enterprises. As recognized by Gartner, Epicor has consistently been named a Leader in the Magic Quadrant for Cloud ERP. This powerful software provides comprehensive tools for managing essential business functions such as finance, supply chain, manufacturing, and customer relationship management.

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Revolutionizing Distribution with Epicor ERP

Epicor ERP: Leading the Way in Distribution Innovation

Epicor ERP has once again established itself as a leader in the Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises for the second year in a row. This recognition underscores the platform's commitment to driving innovation and empowering businesses in the distribution space.

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Maximize Business Insights with Epicor Data Analytics

Expedited Implementation

Epicor Data Analytics (EDA) offers a modern visualization and diagnostic analytics solution that prioritizes speed and ease of learning. Whether utilizing out-of-the-box content or creating custom reports, dashboards, and graphs, the platform is designed to be intuitive and efficient, enabling users to create actionable insights in minutes.

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Empowering Builders Warehouse Inc. with Epicor ERP Cloud Solutions

A Plan for Change

Denny Farrell, the IT Manager at Builders Warehouse Inc., took on the challenge of revamping the company's IT infrastructure to prepare for the future and drive growth. His efforts led to a complete transformation, earning him a promotion to Director of Information Technology. The management at Builders Warehouse Inc. recognized the importance of technology as a competitive differentiator and entrusted Farrell to lead significant changes.

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