Maximize Your Fixed Asset Profitability with Epicor Asset Management Solutions

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Maximize Your Fixed Asset Profitability with Epicor Asset Management Solutions

Master Your Fixed-Asset Finances

Operational equipment and machinery invariably lose value over time, incurring increasing depreciation costs with each financial period. But with Asset Management, a core component of Epicor Financials, you can gain a comprehensive understanding of how much your assets are depreciating. This solution allows you to select and configure the most optimal depreciation method for each asset, ensuring accuracy in calculating the real value of your assets. By automating asset-related entries in the General Ledger, you can streamline financial reporting and generate precise EBITDA figures.

Built for Finance Experts

Asset Management in Epicor Financials is highly valued by asset-intensive organizations for its seamless integration with other modules, such as purchases, maintenance, time and expense management, General Ledger, and Accounts Payable (AP) accounting. This integration creates a cohesive financial control system that saves significant time for finance professionals, allowing them to efficiently manage all assets and related activities.

Transactional Approach and Automation

Epicor Financials ensures that all activities performed on assets are accurately and swiftly processed, meeting your business's needs in an organized and transparent manner. With customizable asset transactions, a flexible posting engine, and workflow-based business process management, you have solid control over your assets. Integration with over 1000 external online services enables you to tailor your asset management processes to achieve precise outcomes.

Global Business Support and Comprehensive Reporting

Epicor Financials offers a robust, cloud-based financial management solution designed for asset-intensive businesses, providing reliable global support. Users can confidently run depreciation across multiple sites, companies, or countries, utilizing smart accounting and reporting currencies for consolidation. The platform also supports multiple depreciation methods, allowing organizations to choose from various built-in options or create custom formulas for depreciation.

Seamless Integration and Asset Acquisition

Registering asset purchases in Epicor Financials is simplified through the Accounts Payable (AP) module, where creating a new invoice line for the asset initiates the recording process. This seamless integration links vendor details, amounts, terms, invoices, and payments to the Asset Management module, reducing lead times for all stakeholders. Additionally, transferring inventory items to Asset Management, especially serialized items, is efficient and enables organizations to manage these assets effectively.

Enhance Service Operations with Epicor FSM

For businesses requiring service assets to be sold and delivered to customers, Epicor Field Service Management (FSM) and the Service Management module offer automated service processes. This leads to improved efficiency in technician assignment, reducing billing turnaround time, and enhancing overall customer experience.

Get in Touch for Tailored Solutions

Ready to maximize your fixed asset profitability and streamline your asset management processes? Reach out to Epicor to explore the right solutions for your business needs. Whether you have questions or feedback, their team is eager to assist you. Epicor's EpicCare support is also available at your fingertips, ensuring you receive prompt assistance whenever required.

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