FP&A

A Shiny software is NOT always the answer

There is one message technology vendors try to spread – technology is the answer.  Today, people treat technology like some kind of magic pill that can bring about freed capacity, increased productivity, increased efficiency, and in general improved well-being. Take … Read More

Financial Reporting Solution for the 2019 Accounting Standard Update

By now you must have heard of FASB – 842. This is the latest accounting standard update that is now implemented by publicly held companies while privately held ones still have until December 15, 2019 to comply. As with any … Read More

Reporting and Budgeting as a Service for a Faster Close in 2019

For two decades now, Epicor Financial Planner (EFP) has been helping businesses extract critical business insights from their data. EFP rises to the challenge of most companies which is to support the aggressive and global nature of business growth while … Read More

EFP Beyond Just Financial Budget Planning

It is no secret that EFP is a robust tool for income statements, balance sheets, and for cash flow statements. However, for those that are not aware – there is more to Epicor Financial Planner than meets the eye. Most … Read More

“I have an ERP System. Why do I still need EFP?”

We get asked the question every now and then why EFP is still needed when their ERP system can consolidate their financial data, automate entries, and perform reconciliations. True enough, ERP systems have a way of consolidating financial master data … Read More

The Next Recession is just around the corner: Is your business ready?

It has been 10 years since the financial crisis in 2008. We have been enjoying an environment of low interest rates and high economic growth. However, speculations are rife that the next recession is just around the corner. Some economists … Read More

Epicor´s Integrated Cloud-based Accounting Automation

If your business is still spending a significant number of hours manually tracking your financial planning & analysis (FP&A) processes, it is perhaps time to rethink your ways and your use of technology. Spending too much staff time on menial … Read More

Worst-case scenario Accounting Error for Businesses

Process automation today is seen as a way to help businesses steer through changing and complex regulatory requirements as well as bolster transparency and trust in the financial results of the company. Process automation of course is more complex than … Read More

Next Generation Financial Modeling

Financial models were traditionally excel-based tools utilized to forecast a business´ financial performance based on historical data. We speak of it being an excel-based tool in the past tense because over the years, finance departments have grown rather tired of … Read More

Cloud FP&A

Successful Epicor Webinars on Cloud FP&A

In the last 7 weeks, Epicor together with its long time alliance partner DSPanel, spearheaded a number of customer webinars that talked about performing financial planning & analysis in the cloud. In May 2018, Epicor was very thrilled to announce … Read More