Epicor FP&A is a fully scalable solution that covers the full spectrum of financial reporting, analytics, budget planning, forecasting, and consolidated reporting and can be sold to small, mid-sized, and large organizations across all industries or verticals.
Aside from it being a comprenhensive 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 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.
Epicor FP&A Packages & Services
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 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 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 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.
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.
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.
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.
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.