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What is Integrated Business Planning (IBP)?

Integrated Business Planning (IBP) is a strategic process that aligns an organization's business objectives with its operational and financial plans to ensure cohesive decision-making and optimized performance. It extends traditional sales and operations planning (S&OP) by integrating all necessary functions, including finance, supply chain, sales, and marketing, into a single, unified plan.

Explore Features

Benefits

Scalable to Match Enterprise Needs

Epicor IBP is a comprehensive set of cloud-based applications designed for demand planning, inventory optimization, and supply chain analytics. It helps streamline sales and inventory operations planning with advanced forecasting methodologies, optimization techniques, and integrated planning tools, all accessible through an intuitive web interface.

  • Reduce Stockouts and Increase Revenue: Utilize AI-driven demand forecasting models to predict customer demand accurately and ensure optimal stock levels.
  • Lower Inventory Holding Costs: Implement optimized stocking policies that balance holding costs, ordering costs, and stockout costs for maximum efficiency.
  • Enhance Forecast Accuracy: Leverage statistical forecasting and real-time data analysis to improve the precision of your demand forecasts.
  • Monitor Historical Performance: Track and assess historical operational performance to identify trends and make informed decisions.
  • Evaluate Planning Strategies: Use "what-if" scenarios to predict the impact of different inventory and supply chain policies on your KPIs.

Main Challenges Solved by IBP

  • Data Silos: Different departments often use separate systems and data sources, leading to inconsistencies and inaccuracies in planning.
  • Forecasting Accuracy: Inaccurate demand forecasts can lead to excess inventory or stockouts, impacting service levels and profitability.
  • Operational Efficiency: Disconnected planning processes can result in inefficiencies, higher costs, and missed opportunities.
  • Change Management: Traditional management policies require complicated processes, systems, and organizational culture.
  • Real-Time Data Visibility: Lack of real-time data access can hinder timely decision-making and responsiveness to market changes.

Epicor Creates a Powerful IBP Ecosystem

Epicor's suite of solutions, including Epicor ERP, Grow Data Platform, Grow BI, FP&A, IP&O, Automation Studio, Epicor Collaborate, and Prism, embodies the principles of IBP by providing integrated solutions that align financial, operational, and strategic planning. These tools ensure sensible data flow, real-time visibility, and collaborative planning across the organization.

Seamless Solution Integration with Epicor ERP

Operating as the “home base” for IBP, Epicor’s powerful suite of ERP systems—Kinetic, Prophet 21, BisTrack, LumberTrack—can accelerate your enterprise. Each product is tailored to match your specific needs, offering:

  • Comprehensive Functionality: Covering finance, supply chain, manufacturing, project management, and more.
  • Scalability: Designed to grow with your business.
  • User-Friendly Interface: Intuitive and modern interface.
  • Real-Time Data: Access real-time data and analytics for informed decision-making.

Key Benefits for Implementing IBP

  • Unified Platform: Integrate FP&A, IP&O, Automation Studio, Grow Data Platform, Grow BI, Epicor Collaborate, and Prism with your ERP system.
  • Enhanced Efficiency: Streamline operations and improve efficiency.
  • Data-Driven Decisions: Leverage advanced analytics and machine learning.
  • Scalability and Flexibility: Scale your business operations with flexible and scalable solutions.

Amplify Your ERP’s Capabilities with Epicor Solutions

Epicor FP&A, IP&O, Automation Studio, Grow Data Platform, Grow BI, Epicor Collaborate, and Prism are designed to help businesses achieve greater efficiency and accuracy in financial planning, reporting, inventory management, and automation. By integrating these powerful tools with your existing ERP system, you can make informed decisions, optimize operations, and drive growth.  

Embrace the power of Epicor's advanced planning solutions to transform your business and achieve operational excellence through Integrated Business Planning.

Key Products and Features

Epicor FP&A
  • Reporting & Analysis: Generate comprehensive financial and non-financial reports with customizable templates and real-time data.
  • Drill-to-Details: Drill down to transaction details and invoice trackers for deeper insights.
  • Financial Forecasting: Predict future financial performance accurately using advanced forecasting models.
  • Consolidation: Automate the consolidation process, including currency translations and multi-entity alignment.
Epicor IP&O
  • Demand Forecasting: Forecast demand using AI-driven models that auto-select optimal methods and leverage probabilistic forecasting.
  • Stocking Policy Optimization: Optimize inventory stocking policies to reduce excess stock and prevent stockouts.
  • Integration with ERP: Seamlessly integrate with your ERP system for unified inventory management.
  • User-Friendly Interface: Enjoy an intuitive and easy-to-use web interface for managing inventory.
Epicor Automation Studio
  • Workflow Automation: Design and deploy automated workflows to enhance operational efficiency.
  • System Integration: Connect and integrate various systems and applications seamlessly.
  • User-Friendly Interface: Utilize a drag-and-drop interface to create and manage automation processes easily.
Epicor Prism (Kinetic and Prophet 21 Only)
  • Data Analytics: Analyze large datasets to uncover patterns and insights.
  • Machine Learning: Utilize machine learning algorithms to predict outcomes and optimize strategies.
  • Integration: Seamlessly integrate with other Epicor solutions for a unified analytics experience.
Grow Data Platform
  • Data Integration: Seamlessly integrate data from various sources into a synchronized platform.
  • Data Management: Efficiently manage and organize your data, ensuring it is clean, accurate, and accessible.
  • Advanced Analytics: Utilize advanced analytics tools to gain insights from your data.
  • Scalability: Handle large volumes of data, suitable for businesses of all sizes.
Grow BI
  • Interactive Dashboards: Create interactive dashboards that provide real-time insights into your business performance.
  • Customizable Reports: Generate customizable reports to track key performance indicators (KPIs) effectively.
  • Data Visualization: Visualize complex data in an easy-to-understand format.
  • Collaboration: Share insights and collaborate with team members easily.
Epicor Collaborate
  • Real-Time Communication: Facilitate real-time communication and collaboration across your organization.
  • Task Management: Manage tasks and projects efficiently.
  • Document Sharing: Share documents and files securely.
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