Epicor and HCL Technologies Sign Long Term Strategic Partnership
Partnership Expands Global Implementation Services to Support Increasing Demand for Epicor Next-Generation Products Worldwide
Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, and HCL Technologies Limited (HCL), a leading global IT services provider, today announced a services partnership to meet the growing demand for the award-winning next-generation Epicor 9 enterprise resource planning (ERP) suite. The partnership expands HCL’s presence in the broader midmarket segment while bringing effective global implementation and services capabilities to Epicor’s existing and new ERP suite customers.
Under this partnership, HCL will expand overall Epicor services capacity, helping meet the demand for services and speeding the implementation for Epicor’s ERP customers. The demand for implementation services is strong with close to 400 customers worldwide live on Epicor 9 ERP and a further 1,500 projects in process having been shipped to more than 2,100 businesses in 60 countries, including shipments to over 900 new customers.
“Epicor has proven its market leadership and ability to provide customers with flexible, scalable and cost-effective solutions that keep pace with industry best practices,” said Sanjeev Nikore, President Manufacturing and Consumer Services and Sr.Corporate Vice President, HCL Technologies. “The combination of Epicor’s innovative approach to ERP coupled with HCL’s implementation and integration expertise offers Epicor customers additional flexibility and comfort in ensuring they meet their ERP project goals on time and on budget.”
“With the continuing success and momentum of Epicor ERP worldwide, our strategic partnership with a major systems integrator of HCL’s caliber will provide our consulting services team with additional resource flexibility, particularly as we continue to expand into new geographies,” said Dave Fogel, Senior Vice President, Global Professional Services and Consulting of Epicor. “We’ve already completed the initial set up and engagement model with HCL team and expect to begin utilizing their expertise in ERP implementations this quarter. Together, our worldwide teams will offer local know-how coupled with a global outlook to ensure tangible results for our customers anywhere in the world.”
Ensuring Efficient, Consistent Implementation Success
With training already under way and HCL’s access to global resources and ability to ramp up quickly, HCL will join forces with Epicor’s consulting organization which has over 800 highly skilled and tenured consultants experienced in delivering industry solutions that span manufacturing, distribution, retail, hospitality, and services and backed by a proven track record of successful delivery around the world. Epicor Consulting Services provide a variety of services around implementation, training, process improvement, and software integration and extension.
At the core of Epicor’s consulting practice is its implementation service. Developed, refined and proven over twenty years and thousands of implementations, Epicor’s “Signature Implementation Methodology,” which HCL consultants will also utilize enables efficient, consistent and well-managed projects, anywhere in the world. Epicor Signature has been developed to support the full spectrum of implementations; from small scale to more comprehensive, multisite implementations that span regions, countries, or even continents.
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing,’ underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 73,420 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 3.3 billion (Rs. 15,160 crores), as on 31 March 2011 (on LTM basis). For more information, please visit www.hcltech.com.
About HCL
HCL is a $5.9 billion leading global technology and IT enterprise comprising two companies listed in India — HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India’s original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. Its range of offerings includes product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. The HCL team consists of over 80,000 professionals of diverse nationalities, who operate from 31 countries including over 500 points of presence in India. HCL has partnerships with several leading global 1000 firms, including leading IT and technology firms. For more information, please visit www.hcl.com
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Longvie S. A. Selects Epicor(R) Next-Generation ERP
Leading Home Appliances Company in Argentina With Seven Different Manufacturing Lines Selects Epicor for Its Focus on Manufacturing, Its Usability and Deep Integration with Microsoft(R) Office
Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that Argentine company Longvie S. A. has selected the Epicor 9 next-generation enterprise resource planning (ERP) solution. Longvie S. A. is a leading manufacturer and distributor of home and kitchen appliances including ovens, burners, boilers, heaters and water heaters.
With 92 years in the Argentine market, Longvie S. A. exports to South America, the United States, Canada and Georgia. The company is well known for its focus on innovation and the quality of its products.
“We are a family business and have been listed on the stock exchange for 60 years. Today, we have more than 700 employees in three plants located in Villa Martelli, Entre Rios and Catamarca, and we offer the most manufacturing lines in Argentina serving this industry,” said Eduardo Zimmermann, sales manager at Longvie S. A. “For more than 10 years we have been working with disparate technology platforms — the first one based on IBM AS400, and the second one on Microsoft SQL and Visual Basic — and we develop and manage interfaces in order to communicate between the two platforms. In addition, we are also working with another system for MRP as our production platform. With Epicor ERP we will gain an integrated and robust enterprise solution, with the specific functionality required to meet our business needs.”
Using different technology platforms, Longvie S. A. was challenged with static interfaces that duplicated information and generated obstacles that needed to be fixed. Zimmerman continued, “We made internal upgrades, and implemented new technology as it became available; but we were still unable to integrate all of the platforms. We had information available, but getting to that information required significant efforts in maintenance and upgrades. Likewise, the information lacked consistency — in some cases the information was good, but it also had weaknesses.”
After evaluating five different ERP providers, Longvie S. A. selected Epicor based on its modern technology, flexibility and integrated platform.
“Epicor ERP characteristics including its ease of use, integration with Microsoft Office, and its strengths in manufacturing were key in our decision. We were also interested in Epicor’s tax engine system, it was very important for us to find an adequate solution to handle the complex tax requirements that we have in Argentina. Epicor has a powerful tax engine, which is a great differentiator from their competitors,” commented Zimmerman.
Among some of the other reasons Longvie S. A. selected Epicor was the company’s highly knowledgeable and professional team of ERP experts. “Epicor gave us confidence, responding to our needs and to the set of criteria we required in the evaluation meetings,” said Zimmermann.
After selecting Epicor as their business partner, Longvie S.A. is now preparing to begin implementation in March and is looking forward to the business benefits of Epicor ERP.
“With Epicor we expect to significantly increase productivity by giving employees in all of our plants access to the same information,” said Zimmerman. “For Longvie S.A. it will be important to be able to run processes continuously and in less time; with Epicor we expect to be able to run MRP every 20 minutes, instead of once a month. This will optimize raw materials stock, finished goods, and products that are in production, while also helping us to be more efficient in the shipment and sale of product, without sacrificing customer service.”
Longvie S. A. plans to implement approximately 95% of the functionality available in Epicor ERP, and expects to have between 130 and 150 users.
“The commitment of our team is fundamental to making this project a success; we have an excellent internal team working to make this a success and to ensure we reach all of the objectives that we have set together with Epicor,” concluded Zimmermann.
About Epicor Software Corporation Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), human capital management (HCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com. Follow us on Twitter: https://twitter.com/Epicor.
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Bianor to Implement Epicor(R) in Poland
Industry Leading Plastic Processing Company to Improve Its Production, Financial, and Logistics Operations With New ERP Solution
IRVINE, CA, Feb 22, 2011 (MARKETWIRE via COMTEX) — Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that Bianor, Poland’s leading plastics injection moldering company is going to implement its next-generation enterprise resource planning (ERP) solution Epicor 9. Bianor produces, assembles and distributes both components and finished products. The implementation will cover the company’s strategic activities in such areas as production, finance and logistics.
Founded in 1997 as a Dutch/Polish joint venture, Bianor is headquartered in Białystok, Poland. During the last 13 years the company has developed dynamically, continuously widening its range of services, investing in new machines and IT infrastructure. Epicor will support Bianor in its intensive development and help them maintain their market leading position. Bianor plans to implement Epicor for production planning, order management, and finances, in order to improve its operations.
“Our current IT system could no longer keep up with our developing business and emerging needs. That is why we started to look for a more efficient, flexible, and open solution. What we needed was a single comprehensive ERP solution that would support operations associated with orders, finances and production planning,” said Hans de Haas, president at Bianor. “After a lengthy analysis of various solutions, we chose Epicor because it fulfills all our requirements. We believe that thanks to its scalability, flexibility and application of innovative technologies, Epicor will serve our business well over the coming years.”
De Haas added, “Our Company needs a transparent, user friendly and, at the same time, comprehensive solution that will support our future development in the key areas of our business. Given the rapid development of our enterprise, we need improved support of production and order planning. We believe that Epicor will enhance our business processes and optimize our operations. Bianor is currently in the middle of an implementation of several business projects associated with current and new customers. We are improving the way we produce and deliver finished products to our customers and we look forward to working with Epicor in this process.”
Bianor Sp. Z o.o. Bianor is a leading injection moulding company manufacturing a wide range of plastic products and components. Its customers range from home appliances manufacturers such as Bosh-Siemens Hausgeraete and Philips, to Newell Rubbermaid, Makita, MeadWestvaco and AGI Amaray. The company has 320 employees and it prides itself on high quality and complexity of customer service. For more information please visit http://www.bianor.co.uk/en_EN.
About Epicor Software Corporation Epicor Software (NASDAQ: EPIC) is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), human capital management (HCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com. Follow us on Twitter: https://twitter.com/Epicor; http://twitter.com/EpicorEMEA.
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Marshall Aerospace Selects Epicor for Business Transformation Project
IRVINE, CA and LONDON, Jan 11, 2011 — Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, has today announced that Marshall Aerospace, one of the largest UK aircraft maintenance, engineering and operations companies, whose customers include the world’s most respected names in commercial and military aviation, has selected the Epicor 9 next-generation enterprise resource planning (ERP) solution to underpin its business as part of a multi-phase change management project to transform the organisation’s core business processes.
With an annual turnover of over GBP 250m, nearly 1,800 staff and over 80 years of experience in the aviation engineering and support industry, Marshall Aerospace has built an enviable reputation as one of the world’s premier suppliers of commercial and military aircraft maintenance and customizations. The company also owns and runs the UK’s largest private airfield, at its 325 Hectare headquarters in Cambridge.
Epicor will replace a ten-year-old finance system, as well as many functions of an internally developed system, Tandem, which evolved over the last 20 years. A core team of seven business managers from across Marshall Aerospace will work full time on the project along with two IT consultants. Epicor will take over all human resource functions, purchasing, inventory, warehousing, sales processing, project management, and enable process enforcement across the business. Within the Aerostructures and Systems division, Epicor will also be providing full manufacturing functionality to enable the production and management of medium volume manufacturing runs, something this division has not had before.
“This is a huge business transformation project for Marshall Aerospace, that will not only unify our systems and processes across the organization, but provide an ERP platform to support our long-term strategic goals in line with our ‘Horizon 2020′ company growth strategy,” said Alan Paul, head of ICT and security. “We’re looking at all our processes and questioning how we can make them better. We’ll be using Epicor to provide us with greater efficiencies and enforce the new processes we put in place. One of the key things we want to do is remove the islands of automation that exist and control our workflows across departments within a single solution wherever we can.”
Marshall Aerospace’s bespoke system, Tandem, will not be retired in phase one of the project as there are some specialised tasks, such as hangar scheduling, that will be reviewed in later phases. There will be a number of real-time interactions between Epicor and Tandem that are made possible by Epicor Service Connect, which, through workflows designed in a visual interface, is able to control the flow of information with absolute integrity between the two systems.
“Tandem has served us very well, but our existing finance solution has reached the end of its natural life,” continued Paul. “One of the biggest challenges the IT team face, is that it has become increasingly difficult to introduce modern concepts into the system. Whenever there is a process, HR, or mandatory change this has to be manually programmed into the system. Epicor will allow us to remove that cumbersome step, improving processes in the IT department and the wider company.”
Using Epicor’s Business Process Management (BPM) features and Epicor Service Connect will allow Marshall Aerospace to separate its business logic from the underlying code. Whenever business rules and processes are revised these can be implemented without the need for outside consultants or programming. The visual interfaces within Epicor will enable the IT team to quickly implement these changes, while ensuring that any updates applied to the system will not break the workflows that have been put in place. Epicor comes with a number of best practice BPMs that have been refined for specific industries through thousands of implementations. Marshall Aerospace will be using these best practice elements where business efficiencies can be gained, and building BPMs and workflows for the new processes defined by the business transformation project.
Marshall Aerospace will also use Epicor to enforce project lifecycle management and moving the business to a position where all work is based around the concept of a project, rather than discrete sales orders. Marshall Aerospace’s current process for sales orders is very complex, involving hundreds of line items. Tracking sales orders from estimate through to completion is difficult, particularly how an order performed against the original estimate. Moving to a project-based ERP solution will introduce Work Breakdown Structures (WBS) where it will be clear how individual project elements are progressing in terms of completion and cost. This information can be used in future bids to improve accuracy, and inform where manufacturing or business processes may need to be reviewed.
“Epicor was by far the most modern and flexible of the ERP systems that we reviewed. It has clearly been re-architected as a modern ERP system, not simply given a new skin, which was our suspicion of others,” concluded Paul. “We were also impressed with the Microsoft Office integration features which allow our staff to work outside Epicor, in applications such as Outlook and carry out actions on workflow items. We found many of the other vendors to be quite dogmatic, whereas Epicor understood this was a business transformation project that would require flexibility from everyone to succeed.”
“We are thrilled that Marshall Aerospace has selected Epicor for this project, particularly given our wide ranging experience in the aerospace and defence industry,” said Matt Muldoon, vice president for product marketing at Epicor. “Epicor’s solution gives comprehensive features to meet strict product guidelines, compliance processes and quality assurance throughout the design and production phases of projects. Wherever needed, the solution has been engineered to meet the exactly requirements of this industry including project management, customer relationship management, and supply chain management.”
About Epicor Software Corporation
Epicor Software, is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor; http://twitter.com/EpicorEMEA
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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Epicor Positioned as a Visionary in Magic Quadrant for ERP for Product-Centric Midmarket Companies
IRVINE, CA, Jan 05, 2011 - Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that Epicor 9 is positioned as a Visionary in Gartner’s Magic Quadrant (MQ) for ERP (Enterprise Resource Planning) for Product-Centric Midmarket Companies.(1)
The MQ for ERP for Product-Centric Midmarket Companies evaluates products that have a global presence and are specifically tailored for product-centric midmarket companies with roughly $50 million to $1 billion in revenue. To download the full report, visit http://www.epicor.com/Company/Pages/ERPMagicQuadrant.aspx.
Innovative Approach to Midmarket ERP “Epicor’s focus to bring unique value to our customers is what drives us to continually deliver technology innovations and services that offer unprecedented choice and flexibility,” said George Klaus, chairman, president, and CEO of Epicor. “We believe our positioning as a visionary vendor in this report supports our long-standing commitment to providing our customers with flexible, scalable and cost-effective solutions that keep pace with the latest technologies and industry best practices; the successful execution of a multi-product consolidation strategy with Epicor 9 — something no other vendor has achieved — is testament to our commitment to helping our customers increase efficiency and productivity, and ultimately achieve their business objectives.”
The award-winning Epicor 9 offering was released in December 2008, representing the convergence of Epicor’s 25 years of experience delivering enterprise-wide solutions into a single next-generation global ERP solution. Today, over 300 customers worldwide are live on Epicor 9, and the solution has been shipped to over 2,000 sites in 56 countries, including shipments to over 800 new customers.
Major Market Trends and Changes According to Gartner, among the major trends and changes in the market since the last publication of this Magic Quadrant is, “Service-oriented architecture (SOA) and BPM prove their value in packaged applications for the midmarket: A combination of SOAs and BPM concepts allow for an unprecedented level of flexibility and adaptability.”(2)
During 2010, Epicor announced a major new release of its next-generation Epicor 9 ERP designed to help organizations take advantage of the changing economic tide. Featuring Epicor True SOA(TM) the solution delivers a powerful, visionary foundation that enables companies to better use and derive benefits from ERP at a business level. Epicor’s newest ERP offering also delivers substantial capabilities focused on cost reduction, process improvement and customer responsiveness — stated top priorities toward achieving business recovery and growth.
Epicor also extended industry-specific capabilities for companies in manufacturing, distribution, financial services, construction and engineering, and project-based organizations within the new release. Broadening the reach into the services sector, strong new capabilities in the areas of project management and accounting will assist businesses involved in government contracting work, and related professional services. Epicor continues to leverage modern technology with its innovative approach to architecture, mobility, embedded analytics and built-in business process management (BPM) features, designed to offer businesses both choice and a high level of flexibility — delivered on-premise, as a managed service, or in the cloud.
Product Availability The latest version of Epicor 9 became available in March 2010. For more information on Epicor ERP solutions visit http://www.epicor.com/products/pages/epicor.aspx.
1, 2 Gartner, Inc., “Magic Quadrant for ERP for Product-Centric Midmarket Companies,” Christian Hestermann, Chris Pang, Nigel Montgomery, December 17, 2010
About the Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor
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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Epicor Delivers Cloud-Based 1099 Tax Processing Solution With Its Next-Generation Enterprise Business Software Suites
IRVINE, CA, Dec 16, 2010 - Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced the general availability of Epicor Tax Connect 1099, the first and only cloud-based 1099 tax reporting and processing solution available with a company’s enterprise resource planning (ERP) system. The latest Epicor Extend solution to debut — Epicor Tax Connect 1099 is delivered on-demand for use with customers’ existing on-premise Epicor ERP environments.
Epicor Tax Connect 1099 acts as an in-house seasoned tax professional, providing the most comprehensive 1099 tax preparation reporting solutions and research required to file accurate and timely returns. With built-in secure servers linked directly to the IRS, Epicor Tax Connect 1099 makes the annual printing, mailing and e-filing a simple one-click process. Delivered in the cloud, Epicor Tax Connect 1099 requires little to no IT support and virtually eliminates a company’s requirements for regular compliance updates, providing businesses with an easy to deploy, fast, efficient and affordable system that will help their Accounts Payable departments carry out Form 1099 reporting responsibilities and requirements with ease.
“Epicor Tax Connect 1099 is an exciting new tax reporting service,” said Matt Muldoon, vice president, product marketing for Epicor. “Form 1099 regulations and reporting requirements change every year, requiring companies to constantly focus on ensuring they are in compliance with the most recent regulations. Epicor Tax Connect 1099 automates the ever-changing compliance environment, keeping the system up-to-date to ensure accuracy, efficiency and compliance. With this cloud-based subscription service, companies will benefit from a secure, automated and cost-effective solution that will increase productivity and minimize the workload placed on Accounts Payable departments both during tax filing season and throughout the year.”
Automatic Updates and Guaranteed Compliance
With the constantly changing 1099 rules, including the new healthcare legislation signed into law in 2010 requiring the reporting on IRS Form 1099 for all payments made via check or credit card to vendors for services, inventory or property over $600 annually, now more than ever companies need an automated solution to stay compliant with 1099 reporting responsibilities. Provisions under the new law, set to go into effect in 2012, are expected to dramatically increase the reporting responsibilities on Form 1099 for Accounts Payable departments, resulting in significantly more complex and stringent tax reporting processes, as well as added time and money spent on tax preparation. Epicor Tax Connect 1099 is ready to assist companies address the new regulations, streamline compliance and boost productivity.
Through automatic updates and guaranteed compliance, Epicor Tax Connect 1099 streamlines the work required for this non-value added task and allows employees to focus on core business activities. In addition to supporting compliance during tax reporting season, Epicor Tax Connect 1099 provides year-round management services to prevent problems downstream. With real-time individual and bulk Tax Identification Number (TIN) matching and validation tools, and an on-going service offering that will automatically re-file with state and federal authorities as adjustments are made throughout the year, Epicor Tax Connect 1099 reduces errors and helps ensure accurate and compliant efforts so companies can avoid unnecessary penalties.
Easy to Use with Simple Tabbed Workflow Epicor Tax Connect 1099 manages tax reporting requirements with a simple tabbed workflow. The Smart Import feature automatically maps source data to the end-user’s 1099 forms and accepts both Microsoft(R) Office Excel(R) and IRS 1220 files. Automatic scanning and validation for regulatory compliance and zip code information eliminates the stress and hassle of manual errors. Further, dashboard monitors guide users throughout the process, instructing them what to do and providing status updates for their activities so they can be confident the required process is being followed. If an error does occur, Epicor Tax Connect 1099 is there to automatically detect missing or incorrect information, making it easy to look up returns and fix problems on the spot.
Availability and Pricing
Epicor Tax Connect 1099 is available now for Epicor 9, Vantage, Vista and Enterprise suites. The on-demand solution includes annual subscription-based pricing that is determined by the number of 1099 forms produced by a company each year.
About Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’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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Epicor to Acquire Spectrum Human Resource Systems Corporation
IRVINE, CA, Dec 13, 2010 – Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, today announced it has agreed to acquire privately held SPECTRUM Human Resource Systems Corporation based in Denver, Colorado for approximately $16 million in cash, subject to certain closing adjustments. The acquisition is expected to close by December 31, 2010.
With approximately 100 employees, over 430 direct customers (an additional 1,800 through OEM relationships), and projected full-year 2010 revenues of approximately $14 million, Spectrum’s best-in-class Web-based human resource and talent management solutions will be the core of the newly formed Epicor Human Capital Management (HCM) group. The acquisition broadens Epicor’s position as a leading provider of complete end-to-end enterprise business solutions to the manufacturing, distribution, retail, hospitality and services sector, with the addition of end-to-end HRMS. Epicor does not expect the acquisition to have a material impact on its 2010 financial results, but does expect it to be slightly accretive to revenue and earnings beginning the first quarter of 2011.
“Spectrum is perfectly aligned with our strategy to provide comprehensive solutions and services that offer businesses both choice and flexibility; delivered on-premise, as a managed service, or in the cloud,” said George Klaus, chairman, president and CEO of Epicor. “The acquisition is an excellent fit from a technology, corporate culture, and customer service standpoint — both companies leverage the Microsoft .NET Framework, have a customer-centric focus, and deliver service from a single-point of accountability.
“The opportunity to deliver this comprehensive best-in-class HRMS creates new market opportunities both domestically and internationally. The complementary technology focus along with our commitment to service-oriented architecture (SOA) will allow us to quickly integrate the product across many of our product lines particularly Epicor 9, which will create significant cross-selling opportunities to both our ERP and HCM customers.”
Global HCM Market Opportunity in the Cloud According to a recent report by Gartner, Inc., “The application and delivery model portfolio needs to be actively managed to enable HR organizations to align their initiatives with business objectives. Poor decisions can lead to increased operating costs jeopardizing opportunities to improve service models and strategic capability. CIOs should include HCM applications in their service-oriented architecture (SOA) plans, and HCM technology governance plans must address growing SaaS use.”(1)
In the same report Gartner states, “HCM applications are fundamental to an organization’s business application strategy. Consequently, the evaluation, selection and implementation of the applications will have a major impact on overall business application strategy. Gartner is estimating approximately $6 billion in revenue in the HCM software market in 2010, and expects 4.5% growth during the next three years.”(1)
With combined focus on Microsoft .NET, Web 2.0 and cloud computing technologies, and expertise in delivering world-class business solutions, Epicor and Spectrum together can deliver a solution that requires no compromises and what no other company is providing today — an end-to-end HCM solution backed by local country support, localization and language, and supporting flexible delivery options including SaaS, hosted, and on-premise.
“We are excited to join forces with Epicor and the opportunity it creates to rapidly accelerate the momentum Spectrum has built in the HCM market,” said Sybll Romley, CEO and president of Spectrum. “The economic downturn has shifted much of the focus of corporate HR from recruitment and on-boarding to talent management and employee development. With increasingly decentralized workforces, the rise of social networking, and rapidly evolving government, privacy, and regulatory compliance requirements, the value of a truly integrated HCM solution that aligns HR best practices with the overall business objectives of a company is significant.”
“Epicor’s infrastructure and global presence also provides a strong platform to expand into new markets and geographies as a best-in-class solution,” Romley stated. “Our customers will benefit from the technology and product roadmap synergy between Epicor and Spectrum, as well as having direct access to Epicor resources worldwide — which we expect will deliver even greater value to all of our customers.”
Spectrum: Comprehensive HR Functionality Epicor plans on continuing to develop and support the Spectrum iVantage(R) HRIS product offering, in line with Epicor’s “protect, extend and converge” strategy. The Spectrum solution covers all aspects of an organization’s HR needs, from applicant tracking and hiring to workforce management and succession planning. The intuitive, easy to use, browser-based interface and automated workflow provide a high level of employee self-service, enabling HR professionals to reduce time consuming clerical functions and focus on developing organizational and workforce strategies that can improve the bottom line. Powerful analytics and productivity reporting tools provide a complete picture of the workforce for better strategic planning and operational alignment.
The Spectrum offering will be immediately available to Epicor customers as an “extend” component integrated with their Epicor ERP solution. A full range of delivery options will be available including on-premise, hosted/managed services, or software as a service (SaaS).
(1)Source: Gartner, Inc., “Key Issues for Human Capital Management Software, 2010″ (Mar. 24, 2010)
About Spectrum Human Resource Systems Corporation
Spectrum, founded in 1984, is renowned for its best-in-class web-based HR systems and industry-leading service — providing an unparalleled user experience. As a full system and service provider, Spectrum delivers the full range of product-related services, including system planning, implementation, training, system customization, data conversion and system consulting. Spectrum is a Microsoft(R) Gold Certified Partner and participant in Microsoft’s Technology Adoption Program. Headquartered in Denver, Colo., Spectrum can be reached at 800-477-3287 or on the Internet at www.spectrumhr.com.
About Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), human capital management (HCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’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.
Forward-Looking Statements Management of Epicor Software believes certain statements in this press release may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the transaction, potential synergies, the expected impact of the transaction, timing of closing, future operations of the combined entity and other statements that are not historical fact. These forward-looking statements are based on currently available competitive, financial and economic data together with management’s views and assumptions regarding future events and business performance as of the time the statements are made and are subject to risks and uncertainties, including, without limitation, risks associated with market and economic conditions, Epicor’s ability to consummate the transaction, which is subject to certain conditions, Epicor’s ability to integrate this acquisition and recognize expected synergies, Epicor’s ability to continue to support Spectrum’s customers and add functionality to Specturm’s products, and the risks and uncertainties described in Epicor’s Annual Report on Form 10-K for the year ended December 31, 2009 and Quarterly Report on Form 10-Q for the period ended September 30, 2010. Actual results may differ materially from those expressed or implied in the forward-looking statements.
As a result of these factors the business or prospects expected by the Company as part of this announcement may not occur. Epicor undertakes no obligation to revise or update publicly any forward-looking statements.
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One Group Selects Epicor to Drive Business Efficiencies and Support Growth
IRVINE, CA and SYDNEY, AUSTRALIA, Dec 09, 2010 — Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that Australian company One Group Retail Experience (One Group) has selected the award winning Epicor 9 next-generation enterprise resource planning (ERP) solution to support its thriving retail fit-out and manufacturing business throughout Australia.
One Group works closely with some of Australia’s largest and most dynamic retailers including Specsavers, The Just Group, Sportsgirl, The Lew Group, Telstra and Bankwest to create innovative and effective retail fit-outs and solutions, both in Australia and overseas. Headquartered in Melbourne with approximately 300 employees, One Group also operates two retail-manufacturing facilities located on the east and west coast of Australia. One Group’s extensive knowledge of the retail industry and innovative business approach focusing on R&D, prototyping and value engineering, sets it apart from competitors.
Formerly comprised of four businesses — Australasian Retail Projects, JRB Shopfitting, Focus Shopfitters, and FINN — One Group has grown to become Australia’s largest retail fit-out group. Following the company’s merger, One Group recognized an inherent need to streamline and consolidate all business and IT processes across its four distinct business units. The company required a centralized ERP platform with the flexibility and strength to provide a single point of accountability for all key business systems including: financials, CRM, project and inventory management, among others.
Following an extensive tender and evaluation process, which saw the company review eight competing ERP systems in the market, One Group selected Epicor largely due to the full portfolio of business software solutions it offered, which will provide the scalability and flexibility it needs to meet key business challenges and opportunities.
Commenting on the deal, Ian Gamble, CEO, One Group, said, “Epicor was selected for a number of reasons. Not only does it share a similar business culture to our own through its focus on innovation and world-class service; the centralised nature of Epicor’s ERP system and the cutting-edge technology on which it is based, means we can now have one point of truth across all business processes.”
Craig Charlton, senior vice president of Asia Pacific operations for Epicor, said, “It is very encouraging to see leading Australian companies such as One Group reaping the benefits of Epicor’s world-class integrated ERP software. We are confident that the flexibility and breadth of the Epicor platform will support One Group with its continued growth and ongoing success.”
About One Group Retail Experience
One Group Retail Experience is Australia’s largest retail fit-out group. It creates effective retail fit-outs and solutions for clients ranging from ‘big box’ retailers to fashion chains, and financial institutions to health care providers. One Group Retail Experience works with national retailers in Australia, New Zealand and Asia. Its extensive network covers more than 80% of that of our clients, providing a truly national infrastructure. The One Group’s reputation for delivering national projects with speed, efficiency and personalised service means that no matter where a retail project is located, One Group Retail Experience is also there. For more information visit: www.onegroupretail.com.
About Epicor Software Corporation
Epicor Software (NASDAQ: EPIC) is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor
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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Legal and General America Inc Selects Epicor for Financial Services Solution
IRVINE, CA, Nov 29, 2010 — Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that Legal & General America, Inc., a leading financial services company that provides low cost life insurance to families in the United States, has chosen Epicor’s next-generation Financial Services solution for implementation across its entire organization. The Epicor 9 end-to-end financial management suite will replace Legal & General America’s current manual and highly fragmented financial reporting procedures, enabling them to streamline and automate business processes, providing new levels of efficiency, visibility and control.
Banner Life Insurance Company and William Penn Life Insurance Company of New York make up the operating companies of Legal & General America and are wholly owned subsidiaries of Legal & General Group Plc. Together they are licensed in all 50 states and have more than $5 billion in assets and over $800 million in annual revenue. Legal & General America selected Epicor for its depth of functionality and its approach to accessing critical business information, and expects the solution to help the company expand on how they report and analyze data company-wide. With a key focus on better customer service through productivity, efficiency and effectiveness, Epicor will provide the company with powerful, robust yet easy-to-use financial management tools that will greatly simplify business processes and will be integral to tracking financial performance across the enterprise.
“We expect to gain a significant amount of efficiencies throughout our businesses with Epicor,” said Drew Love, vice president, finance for Legal & General America, Inc. “With Epicor we will be able to move away from manual processes and convert to a streamlined, automated and paperless environment. Epicor gives us the ability to drill down and drill across data so we can analyze our business performance in a structured and efficient manner. We can rely on our information systems to run key financial analyses such as profitability reports and return metrics, and to make this part of a standardized process so we can make timely and more strategic business decisions.”
Epicor Financial Management modules are the first of a new breed of accounting applications, built around a series of powerful fiscal engines and featuring an embedded business process management (BPM) rules engine. This will deliver a platform for greater governance, risk and compliance through Epicor’s modern service-oriented architecture (SOA) and comprehensive BPM sub-system that supports today’s financial services institutions’ need to enhance business processes and enforce business policies. For example, by recording electronic sign-offs and monitoring audit logs, Legal & General America will gain essential insights and ensure transparency in operations. Further, by modernizing its backend system, Legal & General America expects to be able to shift its closing cycle from a 25-day quarterly close to a 10-day monthly close. “Epicor will enable us to significantly reduce our closing cycle to a more manageable time frame,” said Darryl Worth, financial systems manager for Legal & General America, Inc. “Using Epicor to pull more relevant financial data so we can produce timely and accurate analyses will be one of the most important returns on our investment. Ultimately, Epicor will help improve the speed at which information is reported, enabling us to provide more in-depth and useful reports in less time.”
Legal & General America will also use the embedded Enterprise Performance Management (EPM) solution within Epicor to help drive execution and more effectively monitor and report on business performance through the use of advanced analytics including scorecards, embedded role-based dashboards, advanced financial reporting and budgeting, and ad-hoc reports. Improved reporting will lead to greater financial governance and compliance and will help Legal & General America address rigorous regulatory standards like the Model Audit Rule (MAR). “Epicor will provide us with the checks and balances we need to ensure we are compliant with today’s evolving legislative and regulatory requirements,” added Worth.
“We are excited that Legal & General America has selected our Epicor for Financial Services solution,” said Matt Muldoon, vice president, product marketing for Epicor. “Financial institutions increasingly need to demonstrate organization-wide transparency and correspondingly require effective controls and reporting around products and services offered. Epicor will provide the level of financial visibility and business process efficiencies Legal & General America requires to execute strategic business decisions and optimize business performance.”
About Epicor Software Corporation Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor
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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Global Manufacturer Brice Baker Group Selects Epicor to Strengthen Its Operations
Epicor Software Corporation (NASDAQ: EPIC), today announced that Brice Baker Group Ltd, a global manufacturer and distributor of silos, ancillary products and services based in the UK, has selected the Epicor 9 next-generation enterprise resource planning (ERP) solution. Epicor will replace a number of isolated systems across the company’s entire operation, consisting of facilities in Bulgaria, Australia, and three sites in the UK.
Brice Baker Group’s decision to buy Epicor is part of a three-year strategic investment and business transformation plan to take the company’s highly regarded heritage and complement it with the cutting edge machinery and technology needed to support aggressive growth and expansion plans.
“Our current systems all work in isolation from each other with files transferred around the business via e-mail and other methods to get orders from sales to manufacturing and finance as needed,” said Steve Morgan, sales director at Brice Baker Group. “Getting our business to number one in its sector is our goal, and we believe Epicor will help us achieve this and grow with us in the future as we reach out into new geographies.”
Epicor will replace all existing isolated systems within Brice Baker Group, giving the company real-time integration and visibility of the business across sales, manufacturing, production, finance and project accounting, stock management and engineering. Brice Baker Group believes the new system will allow the company to make great strides in streamlining its operation and quickly reduce lead times and stock inventory; a key aim of the company.
“Communicating and sharing information is very difficult with our current systems and definitely slows the business down,” added Morgan. “It is prone to human error and duplication, and some processes, such as same day dispatch of spare parts from our breakdown spares service, are difficult to achieve. Epicor will help us overcome these challenges, and allow us to be a much more efficient business.”
Brice Baker Group reviewed a number of systems before short-listing six, and then a final two. Epicor was the only solution that delivered all of the features Brice Baker Group required within a single application, with a uniform and easy to use interface. The company plans to make extensive use of the Epicor Configurators to standardize its product offering, as well as the Business Process Management module.
Morgan concluded, “Epicor’s sales and CRM features were head and shoulders above the other solutions we reviewed. Epicor has very rich functionality, great consistency and flexibility — it has a seamlessness that all the other packages lacked.”
“Many of our competitors struggle to provide the level of functionality needed in modern ERP solutions, while ensuring they maintain a good user experience,” added Matt Muldoon, vice president of product marketing at Epicor. “For us, this is a very important feature of our products and one that time and time again customers say separates us from the rest of the field, whether it is the IT manager that needs to maintain the system or daily business users.”
About Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor takes pride in more than 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor; http://twitter.com/EpicorEMEA
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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