Skip to main content

Epicor FP&A as a Unified FP&A Solution

Aside from it being a comprehensive reporting and consolidation solution, Epicor FP&A also has budgeting and forecasting. It can support the simplest to the most sophisticated needs of businesses with four different packages to choose from.

Financial Statements and Reports

A quick, cost-effective, and sustainable reporting solution.

Financial Statements and Reports is the entry-level and most affordable of the SaaS packages within the Epicor FP&A family. If you need budgeting and forecasting, there are other packages to choose from depending on what you need.

Financial Statements and Reports is a product within the Epicor FP&A family that specifically addresses your reporting needs. Despite being a light (and more affordable) package within Epicor FP&A, Financial Statements and Reports offers you the unique opportunity to have a solution that you can easily upgrade as you advance your reporting and budgeting requirements.

  • It is a mature solution for financial reporting that allows finance departments to effectively report to C-level business leaders. Financial Statements and Reports offers superior report formatting options when compared against its competitors.
  • Financial Statements and Reports gives a solid business-relevant mix of analytics and reporting. It offers deep reporting capabilities despite being a more budget- friendly solution. Within 20-36 hours of consulting, you can get Financial Statements and Reports set up for your finance team.
  • Financial Statements and Reports integrates with SaaS-deployed ERP systems. (If your ERP system is on-premises or hybrid, check out FP&A Basic, FP&A Standard, and FP&A Enterprise.)
  • Financial Statements and Reports also serves as an excellent replacement for Epicor customers who are unhappy with their current reporting solution

Epicor FP&A Packages & Services

Financial Statements & Reports

Financial Statements and Reports is an affordable and entry-level package that offers Web and Excel Financial Reporting only. It’s suitable for one company with the possibility to add more.

On average, Financial Statements & Reports take about 20-36 hours to implement.

FP&A Basic

FP&A Basic includes Web and Excel Reporting plus budgeting and forecasting and standard consolidation. It works with one company with the possibility of adding more.

FP&A Basic takes about 36-52 hours to implement.

FP&A Standard

FP&A Standard includes web and Excel reporting, Budgeting & Forecasting, and Standard Consolidation. It works best for 10 companies with the possibility of adding more. From there, you can also add modules such as Sales, Advanced Financials, and Advanced Consolidation.

FP&A Standard takes about 54-70 hours to implement (possibly longer with add-ons).

FP&A Enterprise

FP&A Enterprise is the full FP&A package and includes full reporting, budgeting & forecasting, and consolidation. It can be used for an unlimited number of companies and includes all available modules such as Sales, Advanced Financials, and Advanced Consolidation.

Implementation time for FP&A Enterprise starts at 116 hours.

Each project will vary depending on business processes and how well the charts of accounts have been set up, but these are the average number of hours needed for implementation.

Benefits

10 Reasons Why You Should Choose Epicor FP&A Over Other Solutions

Epicor FP&A gives you web financial reporting, the ability to download web reports into Excel, cash flow automation, General Ledger connection, server-based business rules automation, advanced security and organization setup, advanced scenario management, and standard user management. You also get multi-company, multi-currency, and multi-hierarchical support.

Epicor FP&A is a reporting solution with financial process as its core architecture.

Epicor FP&A is designed to do transactional data processing. Solutions that aren’t designed from the ground up to do transactional data processing encounter performance issues in the long run.

Epicor FP&A was designed as a full CPM suite which means reporting is part of its core area of expertise. Epicor FP&A also easily becomes a cost-effective choice since it can handle reporting, budgeting, and consolidation in one platform.

Epicor FP&A and Grow, an Epicor solution will be working together to form a powerful, hybrid reporting solution. Stay tuned.

Epicor FP&A provides online, real-time collaboration where each member can submit, approve, or reject any cell or entire sheets in the workflow thereby minimizing lengthy and inefficient steps in the financial process.

Epicor FP&A gives you CAPEX reports with capabilities such as custom depreciation methods, internal rules, straight line or double declining balances, custom schedules, and more.

Epicor FP&A will allow you to setup a full user hierarchy that reflects the way your organization is set up. Any user (with long-term leave or resignation) can be replaced easily for each task in the process.

Epicor FP&A affords you a sandbox environment for data testing. A three-day paid consulting is usually required (depending on package) but this can be deducted against your implementation time should you choose to proceed.

Epicor FP&A is offering users unlimited upgrade possibilities through its expansive functionality packaging.

Epicor FP&A is fully owned and supported by Epicor.

The Epicor FP&A Advantage

End-to-End Solution | High Volume Support | Real-Time Collaboration | Financial Process Automation.

Epicor FP&A refers to a family of products that offer a unified platform for financial reporting, budgeting and planning, KPI tracking, and financial consolidation. This means you only need one solution—Epicor FP&A—for all your reporting, budgeting, and consolidation needs.

Epicor FP&A aims to streamline and automate time-consuming, error-prone tasks of the finance team so you can focus on high value-yielding responsibilities. Epicor FP&A uses a pragmatic and intelligent workflow that makes reporting and budgeting quicker and more efficient.

Why can't I just use my ERP for reporting?

If you are wondering why you need an add-on product like Epicor FP&A for your reporting needs when you have just invested in an ERP system, this is because an ERP system provides limited operational reports. In addition, financial statements are not included in its out-of-box offerings.  

This is where Epicor FP&A comes in handy—Epicor FP&A supports the creation of P&L, balance sheets, and cash flow statements. It can build other custom, on-demand reports through easy-to-use templates or the drag-and-drop report wizard. It will even allow you to build more complex reports through its built-in business rules automation engine.

Can Epicor FP&A replace Legacy Reporting and Budgeting solutions?

Yes, it will. Most legacy solutions are on end-of-life-cycle mode, which means they will only receive bug fixes with no further product enhancements planned.

Financial Statements and Reports offer users of legacy solutions an easy and cost-effective migration path for a smooth transition to a well-supported reporting solution.

Which ERP Systems Does Epicor FP&A Work With?

Epicor FP&A has native integration with Epicor Kinetic, Epicor ERP, Epicor iScala, Epicor Enterprise, Epicor Prophet 21 and Epicor Financials. Epicor FP&A also integrates with non-Epicor ERP systems whether on-premises or cloud-based.

Technical Requirements Checklist SaaS

Clients
Web & Mobile
Any of the following browsers in the latest version
• Chrome by Google
• Safari by Apple
• Edge by Microsoft

Excel Client Add-in -Advanced
All the following prerequisites need to be met to install the Advanced Excel client add-in.
   ExcelApi 1.1   Office 2016: Version 1509 (Build 4266.1001) required (https://learn.microsoft.com/en-us/javascript/api/requirement-sets/excel/excel-api-1-1-requirement-set?view=common-js-preview)

Epicor ERP (E10, E11) - REST Connect
Epicor FP&A supports all Epicor ERP releases in “Active” support stage as defined by Epicor.
• Note: As of 2020-08-10, the oldest version on Active support is 10.2.300.
For possible support of an Epicor ERP version in Enhanced Sustaining, or Sustaining – contact DSPanel.
• Note: No version earlier than 10.1.600 can be used with REST Connect.

Epicor ERP (E10, E11) - Azure SQL synchronization
All Epicor ERP (E10, E11) versions are supported.
Microsoft SQL prerequisites
• SQL Azure Data Sync Agent - see prerequisites here:
https://www.microsoft.com/en-us/download/
details.aspx?id=27693
• No earlier versions than Microsoft SQL 2008 R2

Epicor P21 - REST Connect
Epicor FP&A supports all Epicor P21 releases with P21 Middleware installed.
• P21 Middleware needs to be version 2020.2.4151 or higher.
• Microsoft ASP.NET core 3.1.9 installed on P21 middleware server.

Epicor Enterprise (E7) - Azure SQL synchronization
Microsoft SQL prerequisites
• SQL Azure Data Sync Agent - see prerequisites here:
https://www.microsoft.com/en-us/download/details.aspx?id=27693
• No earlier versions than Microsoft SQL 2008 R2

Epicor iScala - Azure SQL synchronization
Microsoft SQL prerequisites
• SQL Azure Data Sync Agent - see prerequisites here:
https://www.microsoft.com/en-us/download/details.aspx?id=27693
• No earlier versions than Microsoft SQL 2008 R2
This printed/ PDF version is created for convenience. For latest updates always check the online version at
https://docu-pc.com/Epicor FP&A/doku.php?id=v2:admin:prereq

Get In Touch
We’re here to learn about your needs and help you curate the right solution. Drop us a line with your questions or feedback, and we'll be in touch soon. Need support? EpicCare is just a click away.

Fields with an * are required

Epicor values your privacy. Website terms and conditions.

Related

Process Automation in Finance

Budgeting & Reporting Process

Reporting and Consolidation

Budgeting & Planning

Collaborative