Epicor for Hospitality and Entertainment Delivers Improved Efficiency Through Tighter Budgeting and More Streamlined Reporting
IRVINE, Calif., June 7, 2004 - Epicor Software Corporation (Nasdaq: EPIC - News), a leading provider of integrated enterprise software solutions for midmarket companies, today announced the Chicago White Sox, a Major League Baseball organization in operation since 1901, are using Epicor for Hospitality and Entertainment to streamline business processes through tighter budgeting, more streamlined reporting, and to gain greater visibility into financial information.
Using Epicor for Hospitality and Entertainment, the White Sox have seen dramatic improvements in gathering company-wide financials for creating the annual budget. "Since we implemented the Epicor solution, the time spent generating company-wide financials for establishing annual budgets has gone from three-to-four weeks, to just three-to-four days," said Bill Waters, director of finance for the Chicago White Sox.
Waters continued, "Because our budgeting process is so detailed, the level of performance we are able to provide is only as good as the information we can get out of the Epicor system. Epicor for Hospitality and Entertainment delivers the functionality to track and maintain a breadth of financial data, and the flexibility to leverage the information how we need it and when we need it."
Epicor for Hospitality and Entertainment empowers mid-sized hospitality and entertainment organizations to manage customer and supplier relationships, streamline financial operations, integrate cash/sales, labor and product mix processes, track key business indicators, and provide accessibility to information to grow revenue and drive efficiency benefits straight to the bottom line. Through a comprehensive set of ledgers, the financials suite in Epicor for Hospitality and Entertainment consolidates the separate processes of accounting operations into a single shared view, bringing together processes for general ledger, accounts receivable, accounts payable, cash, sales, asset and contract management.
"In a competitive economy, entertainment organizations must remain agile in order to respond to the demands of changing legislature and shifting market trends," said Nader Nemati, director of Epicor's Hospitality and Entertainment industry practice. "Epicor for Hospitality and Entertainment is an integrated solution providing a single source of accountability for increased efficiency across the enterprise, and delivers the functionality to track and maintain an array of data including financials, and the flexibility to leverage the information as needed."
For the Chicago White Sox, the activity off the field contributes to the momentum on the field. "Our primary business is baseball, but every department supports the team in some manner," said Waters. "Epicor Financials plays a key role in our success in supporting the organization." With the success of the White Sox implementation of Epicor for Hospitality and Entertainment, other Chicago-based sporting-related entities including the United Center, Bismarck Enterprises, the Chicago Blackhawks, and the Chicago Bulls, have followed suit and implemented the Epicor solution.
About Epicor Software Corporation
For 20 years, Epicor has been a recognized leader dedicated to providing integrated enterprise software to midmarket companies around the world. With over 15,000 customers, Epicor delivers end-to-end, industry-specific solutions that enable companies to immediately improve business operations and build competitive advantage in today's Internet economy. Epicor's comprehensive suite of integrated software solutions for Customer Relationship Management, Financials, Manufacturing, Supply Chain Management, and Services Execution and Control provide the scalability and flexibility to support long-term growth. Epicor's solutions are complemented by a full range of services, providing single point of accountability to promote rapid return on investment and low total cost of ownership, now and in the future. Epicor's worldwide headquarters is located in Irvine, California, with offices and affiliates around the world.
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