Epicor Financial Review

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Last updated: Aug 19, 2019

Epicor Financial Review

ITQlick rating
(4.7/5)

Small business, Medium business, Large business

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...

  • Categories (4/14):

    • Fixed Asset Management
    • Billing & Invoicing
    • Budgeting & CPM
    • Core Accounting

Shlomi Lavi / updated: Aug 19, 2019

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.

Average Rating -

The rating of Epicor Financial is 4.7 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

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.

Features

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.

Epicor Financial 5 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.

Epicor Financial 2 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.

Competitors & Alternatives

The main competitors for Epicor Financial Management are SAP Financial Management and Netsuite Financial Management.

SAP Financial Management includes core accounting features as well as financial planning & analysis. There are also options for financial risk management, a treasury module, real estate & asset financial management, as well as travel and & expense analysis. The product is available on premise or in the cloud with access via mobile device as well. Additionally it utilizes the SAP HANA platform to improve application performance and query analysis.

In comparison Epicor Financial Management addresses these features with workflow automation. Its additional standard options include payroll, budgeting & forecasting as well as tax compliance. The product can also handle global financial reporting requirements and regulations, with support for multi- company & multi-currency implementations. There is also support for a collaboration platform for financial information sharing and joint financial analysis & review.

Netsuite Financial Management on the other hand is offered as a cloud based solution and has options for auditing and fraud analysis. Additionally the product can support multiple payment options including split, partial, recurring and installment options as well. There is also a fixed assets accounting module which includes several depreciation methods, with a suite of business analytic tools for performance and operational reporting.

While Epicor Financial Management addresses most of these features, it is however provided as both an on premise and cloud based solution. Additionally as it is built on a service oriented architecture it can be easily integrated with other modules in the Epicor enterprise application suite.

Epicor Financial Pricing Information

The experts at ITQlick has reviewed Epicor Financial pricing and gave the software a total cost of ownership (TCO) rating of 6.2 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Epicor Financial in action

Epicor Financial 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

Specifications

Company:
Address: Dublin, CA
Website:https://www.epicor.com/en-us/business-need/financial-management/
Customers: Small business, Medium business, Large business
Business Area: Cross Business Areas
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

Epicor Financial 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

Epicor Financial Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Epicor
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
84/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
30
Fit small business
Fit medium business
Fit large business
Software review
Denali
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$99 per month
Hosting
On premise and Cloud
Functionality score
16
Fit small business
Fit medium business
Fit large business
Software review
MultiCHAX
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$99 per license
Hosting
On premise
Functionality score
5
Fit small business
Fit medium business
Fit large business
Software review
MoneyDesktop
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
Cloud
Functionality score
4
Fit small business
Fit medium business
Fit large business
Software review
Alight
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.8/10
License pricing license pricing (if provided by the software vendor)
$6,000 per license
Hosting
On premise and Cloud
Functionality score
19
Fit small business
Fit medium business
Fit large business
Software review