Build a more collaborative organization by aligning financial and operational data, processes, people, and business plans.
Collaborative Planning and Analysis takes the best of modern financial planning and analysis and extends it to the rest of the business. It is a multidisciplinary, cross-functional approach to enterprise planning that enables the business to integrate financial planning across many functions—sales and marketing, operations, human resources, IT, and supply chain—so that everyone develops strategy based on the same set of financial data and insights. Epicor supports Collaborative Planning and Analysis through seamless integration between business plans and chosen systems, strengthening the partnership between the finance team and business stakeholders.
Benefits
A Collaborative Planning and Analysis platform helps you improve your ability to navigate periods of business disruption. Build your future on a foundation of sound, continuous financial and operational decision-making.
See FeaturesDrive consistent, collaborative planning across your organization that aligns all departments and reduces data silos. Understand the impact of your decisions on various functions and people, while gaining a real competitive advantage in the market.
Bridge the gaps and barriers between operational activities and financial outcomes to improve management decisions and results. Ensure everyone in your organization not only participates in planning and analysis, but works from the same data set to improve outcomes.
Grow—a BI solution and Epicor FP&A—an FP&A solution, together provide a comprehensive solution that focuses on connecting all departments in real-time, affording early identification of risks, trends, and opportunities empowering the business with proactive responses. Together, they factor in identical resources and connectivity between departments, enabling a more holistic approach to planning and strategizing.
Grow and Epicor FP&A maximize revenue and increase overall sales performance by improving sales budgets and forecast accuracy. AI and machine learning capabilities enhance the accuracy and reliability of insights, empowering users to explore new possibilities and set new goals for the enterprise.
Oversimplified and fragmented planning systems are no longer adequate to meet modern workforce requirements. To maintain an upward momentum, workforce planning must be agile, dynamic, and aligned with both top-level strategies and specific business unit needs. With Epicor FP&A, Grow, and Epicor ERP, you can analyze workforce supply and demands, and execute interventions to retaining talent while maintaining competitive advantage.
Effective collaboration across business units is the minimum requirement for accurate demand forecasts. Today’s volatile market calls for leveraging a mix of internal data, historical data, external data, and scenario planning to gain real-time visibility, operational efficiency, and true actionable insights. Epicor FP&A and Grow offer built-in machine learning models, unlimited what-if scenarios, deep analytics, and simulation of outcomes.
By connecting data and key business drivers, you can bring budgeting and forecasting into a centralized system that operates in real time. By combining long-term strategy with short-term tactical moves, you create alternative scenarios that provide added value, developing baseline plans for growth composition. Analyze the sensitivity of your cost structures and revenues to external factors, including interest rate or currency exchange exposures.
Better optimize your receivables and payables by efficiently monitoring your cash inflows and outflows. When you have the big-picture view of the movement of your finances, you can more easily detect shortfalls. Forecast cash from sales and overhead by ensuring you have a realistic and reliable estimate of working capital monthly.
Report on key insights from multiple sources of your financial and operational data, delivering value and improving performance. Walk away from spreadsheets and stand-alone reporting solutions—move towards a unified and complete Collaborative Planning and Analysis platform. Use your own financial hierarchies, apply prepackaged finance logic on your financial and non-financial data, and ensure timely compliance of your financial, statutory, and management reports.
The rising global environmental, social, and governance consciousness are forcing businesses to understand, review, and revisit sustainability targets. However, many organizations are still grappling with legacy systems hampering their desire to monitor and comply with emerging reporting requirements and mandates. Epicor helps you get started on your journey to sustainability by providing you with the technology that is imperative so you can input, measure, monitor, and minimize your impact on various aspects. Epicor will make it easy for you to advance your ESG initiatives and drive lasting change.
The use of advanced budgeting, planning, and forecasting techniques brought about by AI and machine learning within Epicor FP&A and Grow pave the way for proactive decision-making across the business.