Scottish Public Pensions Agency Selects Epicor®
September 29 2009 - 9:00AM
Business Wire
Epicor Software Corporation (NASDAQ:EPIC) today announced that
the Scottish Public Pensions Agency (SPPA) has signed a contract to
implement Epicor Financial Management, a core suite within the
next-generation Epicor enterprise resource planning (ERP) solution.
SPPA administers the NHS and teachers’ pension schemes in Scotland
and handles over $2 billion (£1.3bn) annually in pension
contributions.
“We initially looked at 16 financial systems and using our
stringent purchasing criteria eventually concluded that Epicor met
all of our requirements. These included the need for the system to
handle high volumes of receipts, invoices, refunds and associated
debt recovery processes; it also had to facilitate treasury
management and budgetary reporting,” said a spokesperson for the
SPPA.
In addition, “We chose Epicor because we liked the modern look
and feel of the system. We also liked the fact that workflows are
incorporated as standard. However, we were particularly impressed
with the way Epicor translated our unique requirements into a
demonstrable product. The people we dealt with from Epicor were
very professional throughout the whole process. It was very
refreshing to meet only two people at the product demonstration,
both were extremely knowledgeable about the product and had taken
the time to tailor the system to our specific requirements.”
Epicor financial management automates and streamlines an
organisation’s accounting processes with tools and controls to
support complex legislative requirements and create value through
timely financial monitoring. It supports the need for financial
visibility regardless of company size.
SPPA will predominantly use Epicor’s processes for cash receipts
and debt recovery. The spokesperson explained, “The main benefits
we expect to see from installing Epicor are increased levels of
automation, tighter financial control and improved levels of
customer service. Overall we plan to manage all of our processes
more efficiently and effectively.”
Epicor financial management is designed to tackle the
requirements of governance, risk, and compliance (GRC initiatives),
and has an inbuilt ability to manage highly unique and customised
business processes through the use of embedded inter-locking
engines. “We are delighted to be working with the SPPA to automate
their processes and help them improve the accuracy and timely
delivery of financial reports,” said James Norwood, vice president,
product marketing for Epicor. “We are confident that SPPA will
enjoy further benefits from their system such as greater business
predictability, improved management of business risks, ultimately
driving stakeholder confidence.”
About Epicor Software Corporation
Epicor Software Corporation (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
celebrates 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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