Epicor Financial Review - why 4.7 stars?

Epicor Financial Management Review
ITQlick Score: 84/100
ITQlick Rating:
Pricing: 6.2/10 - high cost
Category: Accounting & Finance -> Epicor Financial review
Ranking:Ranked 39 out of 419 Accounting & Finance systems
Company: Epicor Software Corporation
Pricing: starts at $175 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Epicor Financial pricing, Epicor Financial alternatives
Shlomi LaviShlomi Lavi / updated: May 17, 2022

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What is Epicor Financial?

Epicor Financial Management Software is a cloud based software that streamlines and automates financial processes of organisations. It has a comprehensive suite of tools that support legislative requirements of companies by maintaining timely financial monitoring. General Ledger, Cash Management, Allocations and Consolidations are some of the tools and controls included.

Since 25 years, Epicor has been providing companies with business software governing fields of Manufacturing, Distribution, Retail, Hospitality and Services.

Who is it best for?

Epicor Financial Management offers end-to-end solutions and domain expertise to leading industries. Epicor extends help to Freelancers, Large Enterprises, Mid Size Business, Non Profits, Public Administrations and Small Business. Epicor Financial Management serves organisations of any size and is flexible enough to manage finances for global implementations as well.

Heckmann Corporation, Brintons Carpets Limited, Giles Food and Industrial Supply Company are some of the major customers that Epicor deals with.

Main features and functionalities

Epicor Financial Management offers key features like Accounts Receivable, Accounts Payable, Electronic Funds Transfer, Bank Reconciliation, Tax Management, Payroll and Credit & Collections Management. These tools are interlinked and interdependent with each other in order to consort according to legal requirements.

Epicor enables business department levels to keep a tab on business decision making which avoids lapse and unnoticed factor.

Epicor extends help in four languages: English, German, Spanish and French to goal corporations, public administrations and small scale businesses. This helps business to retain global strength via international interactions in multilingual requirements.

What is the actual cost?

The cost of license starts at $175 per user/month. ITQlick pricing score is 6.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Epicor Financial. You can also find here pricing information from Epicor Financial's website.

Pros

  • Epicor uses the Microsoft.NET platform to build and expose applications across the web.
  • Epicor has the ability to support multiple business entities.
  • Epicor supports inter-company transaction processing on global level as well.
  • Epicor users can access the product on Windows, Linux, Mac.
  • Mobile platform is also available to use the product.

Cons

  • Epicor does not provide users with current status, updates/alerts about the scale of business.
  • The Control System interface has a room for improvement, and there is a decent amount of learning curve.
  • Cost of maintenance can be high.

How it stacks up?

Access a head to head analysis of Epicor Financial vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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Epicor F...
ITQlick rating
4.7/5
Score
84/100
Pricing
6.2/10
License pricing
$175 per user/month
Functionality
30
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Denali B...
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4.1/5
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2.6/10
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$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3

Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

Epicor Financial is ranked 39 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of Epicor Financial is 4.7 stars out of 5 and the total score is 84 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Epicor Financial makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Epicor Financial on your mobile/smart phone.

What should we ask during a demo session?

Differences between Epicor Financial and alternatives?

The most popular alternatives to Epicor Financial in 2023: Denali Business, MoneyDesktop, MultiCHAX, Intuit GoPayment, Alight Planning Enterprise. Access the complete competitors analysis here - Epicor Financial VS Accounting & Finance Software alternatives.

List of categories

Fixed Asset Management
Billing & Invoicing
Budgeting & CPM
Core Accounting
Financial reporting
Fixed Asset Accounting
HR Accounting
Inventory Management Accounting
Payroll Accounting
Project Accounting
Accounting Practice Management
Work Order Accounting

List of features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Credit Card Processing
Fixed-Assets
Fund-Accounting
Multi-Currency
Project-Accounting
Tax compliance
Capital Asset Planning
Forecasting
Multi-Department / Project
Automatic Data Backup
Cost Analysis

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.