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Epicor® Delivers Enhanced Supplier Relationship Management |
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FOR IMMEDIATE RELEASE
Contact: Erin Stone
Epicor Software Corporation
949/585-4473
estone@epicor.com
Epicor® Delivers Enhanced Supplier Relationship Management
Epicor Procurement Provides Powerful New User Features and Workflows, Mobile
Access and Extended Support for Direct Materials Process
IRVINE, Calif., June 25, 2007 — Epicor Software Corporation (NASDAQ: EPIC), a
leading provider of enterprise business software solutions for the midmarket and divisions of
the Global 1000, today announced significant enhancements to its Epicor Supplier Relationship
Management Suite, part of Epicor’s end-to-end solution that enables companies to drive
efficiency, improve performance and build competitive advantage by streamlining and
optimizing purchasing processes for direct and indirect goods. The latest release includes new
features and tools for Epicor Procurement including order-to-stock for direct materials, mobile
access for approvers and an enhanced user experience for requisitioners.
According to a recent report from Forrester, “Competitive sourcing and automated
contract creation and negotiation tools can lead to deals on purchased goods and services that
can save an enterprise millions of dollar a year — on paper. eProcurement applications help
create employee compliance with these deals by putting all preferred supplier catalogs at a
single corporate site that is accessible by browser and readily searchable, providing easy-touse
tools such as wizards to guide buyers through the requisitioning process and automating
the approval process for purchases by employees.”1
Extended Support for Direct Materials Process
Epicor Procurement, a Web-based purchasing solution that empowers employees to
manage their own buying within the framework of defined business rules, works with the core
Epicor system as the Web-based face to inventory control. Working together with the Epicor
Supply Chain Management suite, Epicor Procurement provides visibility to stock and the ability
Epicor Announces SRM Enhancements
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to generate orders to stock and stock transfer requests. With Procurement, companies benefit
from extensive approval workflow capability and audit trails and comprehensive spend analytics.
The enhanced tools for direct materials processes in Epicor Procurement provide
functionality that is in high demand among industries that manage direct materials in many
locations, such as hospitality. Hotels, restaurants and other multi-site hospitality organizations
can leverage Epicor Procurement to restock multiple locations from a central warehouse or
commissary, as well as track inventory at each remote location.
Connecting Purchasing Process through Mobile Access
Epicor Procurement empowers the mobile worker by enabling order approvals via PDA.
The newly available mobile access tools not only helps mobile users to complete their jobs with
greater efficiency, but also makes approving from desktop e-mail easier by providing order
details in each approval notification e-mail.
Epicor customer PB (www.pbworld.com), an international planning, engineering,
program and construction management organization, acknowledges the value of the mobile
access feature in Epicor Procurement. With an expansive global presence needed to complete
its large-scale projects, PB has invested in mobile technology to keep on-site managers
connected to the enterprise in real-time. The addition of mobile access for Epicor Procurement
will put more tools and resources in the hands of the remote project teams.
“Epicor Procurement is critical to our ability to capitalize on our buying power with
contracted vendors and helps us keep our project expenses in check,” said Rikki Geisler,
purchasing director for PB. “The new mobile access capability in Epicor Procurement will help
ensure that the workflow processes for approvals maintains the speed necessary to meet the
requisitioning needs of our geographically-dispersed workforce.”
Flexible Workflows for an Array of Procurement Processes
At the heart of Epicor Procurement is automated workflow with two purposes: maintain
controls and expedite processing. In this release, Epicor introduces new options for routing
change orders in different ways depending on the types of changes made. Epicor Procurement
also provides for setting a specified level of management approval required before sending a
non-catalog order to a buyer for sourcing. In addition, new line-item level approvals and
1 Source: Forrester Research, Inc. “The Forrester Wave™: eProcurement Solutions, Q2 2007” (April 20, 2007)
Epicor Announces SRM Enhancements
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disapprovals permit more granular decision making that keeps the process moving with
reduced effort by all participants
“Businesses must continually find new ways to reduce costs and gain efficiencies to
remain competitive in their markets. Procurement strategies are a critical element in
maintaining the competitive edge that today’s economy demands,” said Scott Hays, director of
product marketing for Epicor. “Our latest release of Epicor Procurement automates more
processes requiring less effort by users such as requisitioners, approvers and administrators.
When companies can spend less time to save more money, it’s a smart investment.”
Epicor Procurement is a complete purchasing management solution that creates a
seamless connection between buyers and suppliers for the purchase of direct and indirect
goods and services. By automating inefficient manual tasks, like catalog management,
requisitions and approvals, purchasing managers are free for more important tasks like
analyzing trends, better contract negotiation and strategic sourcing – a situation that couples
smarter buying with time and cost savings.
The latest version of Epicor Procurement is available immediately worldwide.
About Epicor Software Corporation
Epicor, named one of FORTUNE magazine’s 100 Fastest-Growing Companies in 2006, is a
global leader dedicated to providing enterprise resource planning (ERP), customer relationship
management (CRM), supply chain management (SCM) and professional services automation
(PSA) software solutions to midmarket companies and divisions of the Global 1000. Founded
in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions
in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web
services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing,
distribution, retail, hospitality and services that enable companies to drive increased efficiency,
improve performance and build competitive advantage. Epicor solutions provide the scalability
and flexibility to meet today's business challenges, while empowering enterprises for even
greater success tomorrow. Epicor offers a comprehensive range of services with its solutions,
providing a single point of accountability to promote rapid return on investment and low total
cost of ownership. Epicor’s worldwide headquarters are located in Irvine, California with offices
and affiliates around the world. For more information, visit www.epicor.com.
# # #
Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of
their respective owners. The product and service offerings depicted in this document are produced by Epicor
Software Corporation. |
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