Description
Whether through acquisition or organic growth, more and more companies are wrestling with the complexities of managing multiple business entities. Epicor understands that managing disparate business units offers unique challenges and opportunities with respect to consolidation for tighter control and reduced operational cost, enterprise wide visibility, inter-company supply chain management, and financial consolidation
Multi-Company Management
FINANCIAL MANAGEMENT
Whether through acquisition or organic growth, more and more
companies are wrestling with the complexities of managing
multiple business entities. Epicor understands that managing
disparate business units offers unique challenges and opportunities
with respect to consolidation for tighter control and reduced
operational cost, enterprise wide visibility, inter-company supply
chain management, and financial consolidation. To support the
needs of today’s manufacturers and distributors, Epicor offers
robust multi-company functionality as well as full multi-plant and
multi-warehouse operations.
Epicor’s Multi-Company Management capabilities can assist your
business in consolidating operations such as procurement and
accounts payable as well as offer enhanced tools to improve
operational visibility across companies. Automation of inter-
company supply and demand transactions as well as financial
recognition optimises enterprise performance to shorten lead times
on key product lines. Additionally, from a financial perspective,
multi-company organisations may choose to not only report as
individual entities but also consolidate multiple currencies and
report across business entities to a single consolidation company.
Underpinning this functionality is a complete technology
framework to support global enterprises that is scalable, offers
choice in deployment, and includes a set of productivity enhancing
tools designed for global manufacturing operations.
GLOBAL CUSTOMERS, PARTS, AND SUPPLIERS
Define global customers, parts and suppliers. Defining Global
records that can be transferred between companies and
maintained either globally or locally based on a set of user-defined
rules and mappings, automatically ensure that new and changed
records are sent to all companies within your enterprise.
CREDIT CHECKING
Define each company with its own credit limit against a customer,
then deploy as well a global credit limit for all companies
conducting business with that Global Customer, thereby facilitating
a more comprehensive Global Credit Management System.
FORECASTS
Automatically send raw material forecasts to supplier companies
that can be transported into a MRP Forecast.
UNIQUE ACCOUNTS
Establish individual accounts, including inter-company elimination
accounts, for each plant and company.
CENTRALISED ACCOUNTS PAYABLE
Streamlining processes and consolidating resources is critical as
corporations strive to reduce costs and increase profit margins.
Centralised Accounts Payable operations allows companies a single
company as the Centralised Payment Company for several other
companies within the organization.
CONSOLIDATED PURCHASING
As manufacturers strive to gain market share and remain
competitive it becomes increasingly important to control
procurement costs. Having the ability to combine requirements
across locations not only gives manufacturers the leverage to
negotiate better pricing with suppliers but also consolidates
purchasing resources.
FINANCIAL CONSOLIDATION
Set up multi-company consolidations between companies within or
outside the Epicor database. Financial consolidations can even be
done with companies on other external financial systems.
MULTIPLE CURRENCIES
Consolidate financials in any currency. Each company in the
hierarchy has its own currency, and the top-level corporation may
have a different currency not shared with any other company.
GLOBAL SUPPLIER PRICE AGREEMENTS
Send agreements to companies by setting up global price
agreements for raw materials to ensure materials are purchased
from the correct supplier at the appropriate global price.
Facilitate automatic transactions between internal and external companies
around the world.
FINANACIAL MANAGEMENT MULTI-COMPANY MANAGEMENT
MULTI-COMPANY JOURNAL ENTRY
Generate inter-company journals that automatically book expenses and or accruals across
companies for subsidiary and or parent companies.
INTER-COMPANY TRADING
Multi-Company automates supply and demand transactions company-wide through standard
purchase order and sales order functionality. To request replenishment from a supply company,
generate a purchase order. The inter-company purchase order will automatically show up as an
inter-company sales order suggestion linked to the supplying company. Complete financial
recognition as well as shipment notification accompanies all inter-company trading, thereby
automating the Accounts Payable process associated with Inter-Company Purchase Orders.
INTER-COMPANY ELIMINATIONS
Map accounts between companies for smooth inter-company eliminations. With frequent
mergers and acquisitions, the general ledger account structure corporate and subsidiary
companies may not be the same.
SUBCOMPONENT SECURITY
Authorize each user to only view information about specific companies to which they
have access.
VIRTUAL VIEW
Build virtual views of the enterprise. For example, build a workbench or a dashboard that allows
a user to see all orders for a customer across all companies even though those companies may
exist on separate servers and databases. You can then open sales orders in separate companies
from the same workbench.
UNLIMITED HIERARCHY
Define parent-child relationships between companies in an unlimited hierarchy. Each
organisation can specify a parent company, which may also have another parent company,
and so on.
SCALABLE DEPLOYMENT
Deploy your companies on a single server/single database, or on multiple databases and
multiple servers around the world. Many enterprises require their companies’ data management
systems to be geographically dispersed on different servers and different databases, to protect
against communication glitches causing site downtime.
A robust messaging engine ensures the transfer of information whether your companies are on
a single database, multiple databases or multiple servers. This facilitates automatic transactions
between internal and external companies around the world. Epicor is flexible enough to grow
with you.
Epicor Software (UK) Ltd., 1 The Arena, Downshire Way, Bracknell, Berkshire RG12 1PU United Kingdom
Phone: +44.0.1344.468.468 Fax: +44.0.1344.468.010 Visit us online at www.epicor.com
Copyright © 2007 Epicor Software Corporation. Epicor and Vantage are trademarks of Epicor Software Corporation. All other trademarks referenced are the property of their respective owners. This document is intended to
communicate Epicor Software Corporation’s current intentions and is accurate as of May 2007. However, Epicor reserves the right to make modifications or changes to the functionality, release dates, and plans described herein
without further notice. This document is not intended to obligate Epicor or any other entity to such functionality release dates, technology, initiatives and plans, but merely to inform the audience of Epicor’s current intentions.
Epicor makes no warranties, express or implied in or by this document. For a complete description of the product features, please refer to the product’s user guides, reference manuals and release notes. All usage of Epicor software
shall be subject to an Epicor Software License Agreement.
doc_663009993.pdf
Whether through acquisition or organic growth, more and more companies are wrestling with the complexities of managing multiple business entities. Epicor understands that managing disparate business units offers unique challenges and opportunities with respect to consolidation for tighter control and reduced operational cost, enterprise wide visibility, inter-company supply chain management, and financial consolidation
Multi-Company Management
FINANCIAL MANAGEMENT
Whether through acquisition or organic growth, more and more
companies are wrestling with the complexities of managing
multiple business entities. Epicor understands that managing
disparate business units offers unique challenges and opportunities
with respect to consolidation for tighter control and reduced
operational cost, enterprise wide visibility, inter-company supply
chain management, and financial consolidation. To support the
needs of today’s manufacturers and distributors, Epicor offers
robust multi-company functionality as well as full multi-plant and
multi-warehouse operations.
Epicor’s Multi-Company Management capabilities can assist your
business in consolidating operations such as procurement and
accounts payable as well as offer enhanced tools to improve
operational visibility across companies. Automation of inter-
company supply and demand transactions as well as financial
recognition optimises enterprise performance to shorten lead times
on key product lines. Additionally, from a financial perspective,
multi-company organisations may choose to not only report as
individual entities but also consolidate multiple currencies and
report across business entities to a single consolidation company.
Underpinning this functionality is a complete technology
framework to support global enterprises that is scalable, offers
choice in deployment, and includes a set of productivity enhancing
tools designed for global manufacturing operations.
GLOBAL CUSTOMERS, PARTS, AND SUPPLIERS
Define global customers, parts and suppliers. Defining Global
records that can be transferred between companies and
maintained either globally or locally based on a set of user-defined
rules and mappings, automatically ensure that new and changed
records are sent to all companies within your enterprise.
CREDIT CHECKING
Define each company with its own credit limit against a customer,
then deploy as well a global credit limit for all companies
conducting business with that Global Customer, thereby facilitating
a more comprehensive Global Credit Management System.
FORECASTS
Automatically send raw material forecasts to supplier companies
that can be transported into a MRP Forecast.
UNIQUE ACCOUNTS
Establish individual accounts, including inter-company elimination
accounts, for each plant and company.
CENTRALISED ACCOUNTS PAYABLE
Streamlining processes and consolidating resources is critical as
corporations strive to reduce costs and increase profit margins.
Centralised Accounts Payable operations allows companies a single
company as the Centralised Payment Company for several other
companies within the organization.
CONSOLIDATED PURCHASING
As manufacturers strive to gain market share and remain
competitive it becomes increasingly important to control
procurement costs. Having the ability to combine requirements
across locations not only gives manufacturers the leverage to
negotiate better pricing with suppliers but also consolidates
purchasing resources.
FINANCIAL CONSOLIDATION
Set up multi-company consolidations between companies within or
outside the Epicor database. Financial consolidations can even be
done with companies on other external financial systems.
MULTIPLE CURRENCIES
Consolidate financials in any currency. Each company in the
hierarchy has its own currency, and the top-level corporation may
have a different currency not shared with any other company.
GLOBAL SUPPLIER PRICE AGREEMENTS
Send agreements to companies by setting up global price
agreements for raw materials to ensure materials are purchased
from the correct supplier at the appropriate global price.
Facilitate automatic transactions between internal and external companies
around the world.
FINANACIAL MANAGEMENT MULTI-COMPANY MANAGEMENT
MULTI-COMPANY JOURNAL ENTRY
Generate inter-company journals that automatically book expenses and or accruals across
companies for subsidiary and or parent companies.
INTER-COMPANY TRADING
Multi-Company automates supply and demand transactions company-wide through standard
purchase order and sales order functionality. To request replenishment from a supply company,
generate a purchase order. The inter-company purchase order will automatically show up as an
inter-company sales order suggestion linked to the supplying company. Complete financial
recognition as well as shipment notification accompanies all inter-company trading, thereby
automating the Accounts Payable process associated with Inter-Company Purchase Orders.
INTER-COMPANY ELIMINATIONS
Map accounts between companies for smooth inter-company eliminations. With frequent
mergers and acquisitions, the general ledger account structure corporate and subsidiary
companies may not be the same.
SUBCOMPONENT SECURITY
Authorize each user to only view information about specific companies to which they
have access.
VIRTUAL VIEW
Build virtual views of the enterprise. For example, build a workbench or a dashboard that allows
a user to see all orders for a customer across all companies even though those companies may
exist on separate servers and databases. You can then open sales orders in separate companies
from the same workbench.
UNLIMITED HIERARCHY
Define parent-child relationships between companies in an unlimited hierarchy. Each
organisation can specify a parent company, which may also have another parent company,
and so on.
SCALABLE DEPLOYMENT
Deploy your companies on a single server/single database, or on multiple databases and
multiple servers around the world. Many enterprises require their companies’ data management
systems to be geographically dispersed on different servers and different databases, to protect
against communication glitches causing site downtime.
A robust messaging engine ensures the transfer of information whether your companies are on
a single database, multiple databases or multiple servers. This facilitates automatic transactions
between internal and external companies around the world. Epicor is flexible enough to grow
with you.
Epicor Software (UK) Ltd., 1 The Arena, Downshire Way, Bracknell, Berkshire RG12 1PU United Kingdom
Phone: +44.0.1344.468.468 Fax: +44.0.1344.468.010 Visit us online at www.epicor.com
Copyright © 2007 Epicor Software Corporation. Epicor and Vantage are trademarks of Epicor Software Corporation. All other trademarks referenced are the property of their respective owners. This document is intended to
communicate Epicor Software Corporation’s current intentions and is accurate as of May 2007. However, Epicor reserves the right to make modifications or changes to the functionality, release dates, and plans described herein
without further notice. This document is not intended to obligate Epicor or any other entity to such functionality release dates, technology, initiatives and plans, but merely to inform the audience of Epicor’s current intentions.
Epicor makes no warranties, express or implied in or by this document. For a complete description of the product features, please refer to the product’s user guides, reference manuals and release notes. All usage of Epicor software
shall be subject to an Epicor Software License Agreement.
doc_663009993.pdf