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Legislations define the framework for businesses in each country and effect financials heavily, from issuing invoices and booking transactions, to reporting taxes. The CSF packages provide an easy way to enable your existing Epicor Financials in new countries or regions. Updated regularly, these packages provide local users additional capabilities they need in their daily work.

  • Add-on local capabilities built on top of standard Epicor Financials functionality in any application program where required
  • Consistent local language, look, and feel throughout the application
  • Reduced end-user training and total cost of ownership
  • Helps your organization do business globally
  • New releases reflect the latest schema changes in local reporting

Benefits

Seamless Local Experience on a Global Scale

When expanding your business to new regions or countries, the CSF packages provide access to a range of functionality required by law, specific industry or widely used local process. With each new Epicor Financials release, the CSF packages are developed, tested and released to ensure a seamless experience for any users in the given country.

Only Get What You Need

The CSF packages can be purchased separately for each country and contain detailed documentation on the configuration of the included add-on functionality. Plan your expansion into new countries in time, get help from Epicor, and activate the proper CSF package for each company in Epicor Financials.

Uninterrupted Business Flow

A CSF package's user adoption and learning cycle take minimal effort because the interface looks the same as Epicor Financials. New application screens, tabs, switches, and the accompanying functionality are seamlessly added to the existing, standard Epicor Financials behavior.

A Multitude of Industry Specific Capabilities Included

Typically, CSF packages contain locally required human-readable reports, electronic reports, declarations, statements, electronic invoicing solutions, payment instruments, access to third-party interfaces, tax handling logic, forms, validation or certification routines, and more.

Capabilities

Global Business Management

  • Besides the CSFs there are many global capabilities available in Epicor Financials, organically built into the system, that can be activated by a new license purchase or just starting to use a functionality available to any users as part of an Epicor Financials Core license. These are equally important as the CSF packages and should be considered carefully when managing your global business.
  • These functionality items allow your business to grow and expand into new geographies without the need of purchasing additional third-party software, saving you precious time and costs when getting started with new practices.
  • In most cases, the global business management capabilities go hand in hand with the individual country CSF packages. When planning to expand your business, it is highly recommended to discover and leverage these features.

Multi-Company Environment

  • Supporting your business growth globally, Epicor has designed the master and transactional data and associated process flows in an organic way, for seamless use in a multi-company environment without transforming the database, or the hassle of building out customizations or integrations in a costly project.
  • Global trading partners, customers, suppliers, parts across the entire Epicor Financials system support your business in different countries—where a company in Epicor Financials may represent one of your legal entities.
  • Automation of buying or selling intercompany transactions, invoices and payments between companies is as easy as performing a consolidation.
  • Multicompany journal entries, allocations, global Chart of Accounts (COA), central payments are all part of the Multi-Site Management license item that is a valuable add-on to your Epicor Financials system.

Multi-Currency Management

  • You can maintain a complex multi-currency system in a single Epicor Financials environment very easily.
  • Either only in one company or in a multi-company setup, it is possible to define the currency for a series of documents such as sales and purchase orders, sales and supplier invoices or payments.
  • The General Ledger (GL) journal entries can have a separate currency which is then converted to the financial book currency at the time of posting, using the daily currency exchange rate. Bank accounts certainly can have foreign currencies, just like the Petty Cash Desks.
  • The revaluation process is also part of the Multi-Currency Management license item, which allows the recognition of gains and losses at any time when required.

Multiple Books

  • First and foremost, when doing business in another country with another official currency, it may come in handy to establish multiple books in the local company that allow reporting on the same accounting transactions but from a different perspective.
  • Consolidation between different books and COA structures can be continuous or periodic, and an easy-to-use mapping tool helps ensure a smooth setup and operation.
  • Multiple Books allow the preparation of financial statements according to the same principle, such as US GAAP or IFRS, covering all companies in a single installation.
  • The Multiple Books license item activates functionality that is fully compatible with the Multi-Company and the Multi-Currency Management capabilities.

Epicor Electronic Reports

  • Apart from extending core functionality, a CSF often contains new reporting capabilities. In the era of digitalization,, the legal requirements often go far beyond a human-readable report such as an SSRS report in PDF format.
  • More and more legislations require accounting systems to feature electronic reporting capabilities.
  • Epicor Electronic Reports is a robust framework allowing Epicor customers, employees or partners to create electronic reporting solutions.
  • It collects data from multiple sources, including actual database tables, Electronic Interface (EI) programs or Business Activity Queries (BAQ) that can be chained together into a structure that complies with the required format.
  • A user-friendly mapping tool helps ensure an efficient work with the solutions.
  • Epicor Electronic Reports can not only be used for legally required reports, but also for a number of arbitrary solutions such as filing your tax returns, bank payment integrations, sending your financial statements or accounting data to auditor or advisory firms and more.
  • Customers purchasing a CSF package will be able to load, configure and run the included electronic reports solutions.
  • Changing and customizing any electronic reports or e-invoicing solutions delivered in a CSF by the Epicor Electronic Reports module or creating new solutions will require purchasing the license for the Epicor Electronic Reports.

Languages

  • Epicor Financials supports major languages used globally and regionally that are often used as the common language, especially in countries with more than one official language.
  • Epicor Financials also supports several smaller languages spoken by Epicor customers in key markets.
  • Each language is a separate license item, and when activated for a user, the user interface uses that language for menu titles, menu items, tabs, field labels, dialog windows, and certain reports and queries generated in the application.
  • The contents of the CSF packages are also available in the respective languages.

El mundo de Epicor

Nuestras soluciones son administradas y respaldadas por expertos que hablan su idioma y entienden sus necesidades específicas. Es global y local, y funciona. Es por eso que contamos con la confianza de más de 27,000 empresas en todo el mundo, incluyendo las principales marcas globales.

 

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