Deep, sophisticated, and easy-to-use software for financial budgeting and planning, analysis, reporting and consolidation.
Epicor FP&A is a unified and easy-to-use software for financial reporting and analysis, consolidation, dashboarding, budgeting, and planning. It is an add-on software to your current Epicor Prophet 21, Epicor Kinetic, older versions of Epicor ERP, and Epicor iScala. It also works with Epicor Financials.
This solution will allow you to take full control of your financial planning and analysis process by streamlining the way you do reporting, budgeting dashboarding, consolidation, and automating tasks.
Benefits
Epicor FP&A has a built-in business rules engine that can transform complex data into actionable insights.
The business rules engine of Epicor FP&A can handle highly complex calculations in a simple, straightforward manner. You can have multiple pre-built rules such as, direct and indirect cash flow, consolidation, foreign exchange rates, or HR calculations. No matter how advanced the rule you want to run, all of these can be accomplished without any hard coding or IT assistance.
When logging into Epicor FP&A, you are welcomed by a dashboard that contains graphs that are relevant to your line of work. You get a summarized view of your assignments and key reports. You will have a board where you get to see announcements set up by the administrator for news that you shouldn’t miss. It is worth mentioning that setting up this dashboard requires no coding at all. Whether you want to display gross margin, revenue, or budget versus actual, the choice of what you want to see is all yours.
Want to set up multiple dashboards to cover sales and finance? You can do that too.
Epicor FP&A believes in good reporting and budgeting practices designed to minimize errors and inconsistencies, and to engage front-line managers, who bring a unique perspective from their department, in collaboration with the finance department so that top-down guidelines can be combined with bottom-up knowledge.
Epicor FP&A looks at your way of working and suggests ways of optimizing your entire process through tried and tested practices like the use of report templates and the report wizard, driver-based budgeting, live and rolling forecasts, what-if analyses, version control capabilities, advanced allocations, intercompany matching, intercompany eliminations, and more.
Epicor FP&A integrates natively with Epicor Prophet 21, Epicor Kinetic, older Epicor ERP versions and Epicor iScala. It also works with Epicor Financials and select non-Epicor ERP systems. This seamless integration with your existing ERP investment ensures quick access to accurate management information.
Epicor FP&A is also heavily focused on ease of use. Its guiding principle is that when you log in as a user, you should be able to find the things you need the most within five seconds and you should never have to ask how to do things. It must feel accessible, quick, and intuitive.
Epicor FP&A is powered by AI and machine learning. For you, this means automating complex tasks and the ability to consume, understand, and process data volumes and speeds never before imagined. It also means the system will adapt and improve its predictions based on experience, without user intervention. For example, deep learning is used to automatically check data entries for errors or predict customer payments based on payment history.
