Compare ERP system and accounting software | ERP vs. accounting software

ERP software vs. Accounting software

Introduction

If you want to automate your business operations but still can’t make decisions between Enterprise Resource Planning (ERP) and accounting software, here is a comparison that might help you.

What is Accounting Software?

Accounting software functions as a solution for the finance and accounting department. Thus, it deals with almost all financial and accounting issues of a company, for example:

  • Accounts payable
  • Accounts receivable
  • Cash flows
  • Ledger and balance sheets

Furthermore, after data collection, accounting software can process important financial data to produce financial reports, such as balance sheets, income statements, profit and loss statements, and statements of cash flow. As a result, you can check the company’s financial health easily, which helps speed up the decision-making process while reducing the administrative labor cost.

The market leaders of accounting software around the world are Quickbooks and Xero. However, in Vietnam is MISA the most popular.

What is ERP?

ERP software is usually a comprehensive solution for multiple departments of an enterprise. For example, Epicor ERP comprises a number of modules, namely, financial management, supply chain management, customer relationship management, project management,  production management, product data management, human resource management, sales management, service management, and planning and scheduling. All of these modules share a single integrated database and are customizable with regard to the need, size, and industry of the enterprise. Therefore, an ERP system can help increase productivity thanks to the automated cross-department data transmission and facilitate the business scale-up.

Epicor ERP 10

 

Comparison between ERP and accounting software

  1. Software scope – It is clear from the examples aforementioned that an ERP system includes accounting software.
  2. Benefit scope – Accounting software produces financial reports which give managers an insight into the enterprise’s financial health. On the other hand, an ERP system collects data from all departments and then generates reports on all operations of an organization. Thus, managers with the assistance of ERP have a more thorough overview of the company’s status. At the same time, they can make more accurate and effective decisions.
  3. Industry-specific design – As mentioned in the example of Epicor above, ERP is customizable to meet the needs of each industrial market and each user. However, accounting software rarely allows you to personalize its functions that way.
  4. Price – For those differences, it is understandable that ERP is more expensive than accounting software.

 

Conclusion

To sum up, you should consider implementing accounting software if your business is small, and your budget is tight. However, if you plan to scale up your business in the long run, it is worth investing in an ERP system. And if you still can’t make decisions which one you should have, contact us! You are more than welcome at Data V Tech!

 

Content writer: Ngoc Trang Vu

 

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Pharma Pharmaceuticals deploys Epicor ERP

Pharma Pharmaceuticals deploys Epicor ERP

Epicor Software Corporation, a global provider of industry-specific enterprise software, has announced that Pharma Pharmaceutical Industries (Pharma)—a leader in the kingdom’s pharmaceutical services industry—has implemented Epicor ERP to enhance data capture and archiving capabilities, optimise operational efficiencies, and guarantee on-time delivery to customers.
Pharma brings together business leaders and healthcare veterans to offer services to the Saudi pharmaceutical industry that include branding, marketing and sales, warehousing and logistics, facilities management, and regulatory compliance consultancy.
The company’s international reach demanded a new approach to technology to ensure it remained a leader in the new global digital economy. It embarked upon a bold digital transformation journey, with a robust ERP platform as the planned keystone.
“We didn’t have an ERP platform in place and relied on a paper system to manage each department’s activity,” said Tariq Kayyali, quality unit director and ERP project manager, Pharma Pharmaceuticals Industries, whose team of stakeholders focused on linking and integrating department transactions to reduce the time taken to locate vital archived data.
Errors in starting materials and the resulting mix-ups and delays in order deliveries became significant business risks to the company, pre-digitization. The risk of using incorrect or expired material in the manufacturing process was compounded by the company’s inability to accurately control all its assets and due to its tendency to produce inaccurate reports due to manual compilation.
With the support of trusted Epicor partner, Full Insight Technology Solutions (FITS), Pharma deployed a platform that was easy to install, user-intuitive, and provided tight-fit functionality with its needs. Over a period of 10 months, the system was rolled out to 15 users, who all reported ease of use and unprecedented accuracy.
Switching to Epicor ERP has allowed Pharma to smoothly link and integrate transactions across all departments and enhance accuracy in operations and inventory control. Strict audit trails now allow every critical transaction to be traced—to the user, date, and time of action—allowing Pharma to closely monitor related business impacts. Labelling problems have also been overcome, by enabling greater control over purchased and manufactured parts.
“We ended up saving about 30 percent of unnecessary warehouse-team transactions and managed to reduce the time taken to find or track historical data records or transactions, from hours or days to seconds or minutes,” said Kayyali. “We also reduced the risk of mix-up and eliminated the possibility Pharma Pharmaceuticals deploys Epicor ERP to streamline processes and optimise service delivery of using an invalid or expired part as a starting material—which is critical in the pharma industry.”
Having a validated ERP system helps us meet the expectations and compliance requirements of medicinal product agencies, both in the Kingdom of Saudi Arabia and around the world.”
“Remaining relevant in the digital economy is no minor feat,” added Amel Gardner, regional vice president, Middle East, Africa and India (MEAI), Epicor.
“Competitors—especially new market entrants—will not be using manual processes for critical functions. It is therefore vital that all firms digitise as much as possible. Epicor ERP will give Pharma a strong platform for growth and enable it to easily comply with granular industry requirements. The platform is designed to fit every business like a glove, delivering automation and operational enhancements that pave the way to true digital transformation.” — Tradearabia News Service

 

Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many enterprises and organizations in Vietnam and China, particularly in the pharmaceutical industry. For direct consultation, please feel free to contact us.

Learn about Epicor ERP in the wake of COVID-19 and get ready for the future.

Epicor ERP in Covid-19

Epicor launches partner support program in wake of COVID-19

Epicor has launched its ‘Fit for the Future’ program, designed to aid the company’s partners to build business resilience in response to COVID-19 and succeed in the current landscape.

According to Epicor, it is crucial to support partners as these businesses are a ‘vital’ component of Epicor’s go-to-market model. As such, the company is focused on providing competency, capability, and capacity within the market so partners can better serve and deliver value to its customers, Epicor states.

Partners include resellers, system integrators, and service partners, which can implement, design, and develop transformational IT strategies using the Epicor product portfolio and tools.

The program supports ongoing remote working situations and focuses on three core pillars, collaboration, skills and communication.

Togetherness: One Team focuses on staying connected to partners providing help in navigating changes and supporting connectivity and agility, the company states.

Epicor is actively encouraging partners to share their experiences and learnings in order to drive business improvements needed to fuel continued growth and shore up business resilience.

Partners will be able to access recordings, PowerPoint presentations, demo scripts, and other supporting documents from a partner hub to boost sales and scalability, Epicor states.

Developing Skills and Value brings an enablement plan to help partners continue develop a range of skills that can help them to remain competitive and agile in coming months.

Training is being delivered through a range of virtual sessions focused on sales skills, where attendees gain understanding in customer pain points and how to articulate increased value to customers; operational efficiencies and how to improve the customer experience; capability in accessing valuable collateral and managing pipeline; and business planning and driving SMART objectives.

To support partner development, Epicor is also publishing a series of weekly webinars and has been offering free-of-charge certifications over the last month.

Communication focuses on Epicor’s commitment to sharing information that ensures partners have useful data to help customers through a variety of new market challenges.

By keeping the lines of communication open, Epicor states it hopes to continue to grow alongside its partners, whilst supporting the wellbeing of each business and its employees.

Epicor Software vice president channel sales Paul Flannery says, “By investing in our partner community and supporting them through challenging times such as these, we are making sure businesses are resilient, by equipping them with the resources, tools, and knowledge needed to emerge stronger than ever before.

“We are dedicated to help our partners by helping them to thrive and adapt to the current environment in a way that’s rapid, streamlined, and scalable.”

For partners who have participated in the ‘Fit for the Future’ program, Epicor will be recognising these efforts through a scheme called the ‘Partner Olympics’.

Points will be awarded for attending webinars, downloading information from the partner hub, and achieving certifications. By putting this scheme in place, Epicor aims to drive continued engagement, whilst helping partners to adapt to a rapidly changing global climate.

Source: Chanellife


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many enterprises and organizations in Vietnam and China. For direct consultation, please feel free to contact us.

Learn about Epicor ERP in the wake of COVID-19 and get ready for the future.

Epicor ERP for cosmetics manufacturing in Dubai

Dubai-based cosmetics manufacturing firm enhances operations with Epicor ERP

Epicor Software Corporation has announced that Epoch Cosmetics and Toiletries has selected enterprise resource planning (ERP) solution, Epicor ERP, to improve manufacturing and warehousing operations and streamline information flow across the company.

                                        Amel Gardner, Epicor

Epicor partner, Cork Information Technology, will work with Epoch Cosmetics and Toiletries’ stakeholders to bring the full power of the Epicor platform to the company and its employees.

Dubai-based Epoch Cosmetics & Toiletries produces aerosols, deodorants, air fresheners and cosmetics for markets all around the world—including its native United Arab Emirates (UAE), the Kingdom of Saudi Arabia, India, West Africa, Egypt, Oman, the UK, France, and the US.

The company supplies major brands—such as Elegant, Inspire, Pleasure, Hot & Cold, Mehas and The Scent—to distributors, and also offers contract manufacturing to other brands.

Having grown from a handful of employees to a monthly production capacity of more than two million products in just 10 years, Epoch Cosmetics & Toiletries realised they would need to replace their existing ERP solution to continue to expand and grow.

“As we grew, our legacy system was not catering to our needs, especially in manufacturing, warehousing and sales,” said Abbas Hamid, director at Epoch Cosmetics & Toiletries.

The company’s warehousing issues stemmed from a lack of real-time accuracy and visibility for on-hand stock levels from the front-end system. The necessity to implement manual workarounds was impacting productivity, and inaccuracies were affecting stock valuation.

In addition, stock retrieval was employee-driven, rather than system-driven, leading to further inaccuracies if goods were not correctly stored. Other complications existed based on the absence of a stock-taking module in the legacy ERP, requiring warehouse employees to perform an entirely manual reconciliation.

“In addition, the manufacturing module within the legacy system only captured the cost of materials, so labour costs and direct costs were never captured. These had to be generated through manual calculations and estimations, which affected our financials,” added Hamid.

Reporting was also cumbersome, with pending PO reports and shipment tracking requiring manual preparation, and the system offered no capability for real-time reporting.

Epoch Cosmetics & Toiletries decided it needed an ERP system that was tailored to their business operations, was easy to deploy and use, and would be flexible enough to allow the company to grow unimpeded. After considering four major ERP vendors, Hamid and his team selected Epicor ERP due to the manufacturing-centric focus and native functionality of the solution.

“While we obviously needed some level of customisation, we were very clear that we wanted to adapt to a system and be in line with best industry practices, rather than the other way around—where the system has to adapt to us,” added Hamid.

Epoch Cosmetics & Toiletries’ stakeholders were particularly drawn to the real-time reporting functionality of Epicor ERP, as well as its multi-region capabilities, so that future expansion plans would not be hampered and that consolidated reports could be easily compiled.

Implementation is expected to be completed by May 2020, and the company’s project team is currently working with regional Epicor partner, Cork Information Technology, to deploy the new solution to more than 40 users in the UAE. Supply chain, sales, CRM, manufacturing, finance and asset management will all be key areas of functionality that are expected to help enhance Epoch Cosmetics & Toiletries’ operations.

“All across the Middle East and North Africa region, manufacturing companies are trying to digitally transform, so that operations are optimised continually,” said Amel Gardner, regional director, Middle East, Africa and India (MEAI), Epicor. “Processes that are overly manual impede growth, so digitisation is the key to agility. Epoch Cosmetics & Toiletries realised its legacy architecture was holding back the fulfilment of its regional ambitions. When you have the vision to shake off the old and embrace the new, extraordinary things can happen. We are confident that with Epicor ERP in place, the company will march quickly towards a new horizon.”

Source: Tahawultech


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

Epicor Ace Hardware partnership extension

Epicor and Ace Hardware Extend Strategic Partnership

The expanded partnership includes a 5-year commitment to continue an exclusive point-of-sale endorsement, support Ace Retailers, and introduce next-generation retail cloud technology.

AUSTIN, Texas–(BUSINESS WIRE)– Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, today announced the expansion of an exclusive partnership with Ace Hardware, the world’s largest retailer-owned hardware cooperative. Ace Hardware has officially selected Epicor Eagle as its designated point-of-sale (POS) solution, currently installed at more than 3,400 Ace Hardware stores.

Based on the success of the Epicor Eagle POS partnership that kicked off more than two decades ago, Ace Hardware has expanded the venture to include a 5-year commitment to exclusively use Epicor Eagle. Epicor’s technology and vision, along with domain expertise and deep vertical market knowledge, helped secure Ace’s decision to move forward with the partnership.

“It only made sense to expand our partnership with Epicor as we continue to build momentum as a brand and retailer. Epicor’s vision for, and commitment to, the independent retailer, coupled with its industry-specific technology, set the company apart from the rest,” said John Venhuizen, President and CEO, Ace Hardware. “Today marks the start of an expanded relationship and we’re excited about the potential and future developments that this will bring.”

This partnership underscores Epicor’s continued dedication to providing innovative and seamless solutions for its retailers. Epicor Eagle’s functionality, flexibility, and integration capabilities provide Ace retailers with the tools they need to succeed at business processes – operational efficiency, customer service, and bottom-line profitability.

“Over the past three decades, Epicor Eagle has delivered strong point-of-sale solutions to our customers. Despite the big-box competition, with this software retailers are thriving through superior customer engagement and greater efficiency – including Ace retailers,” said Steve Murphy, CEO, Epicor. “We’re delighted to continue our partnership and are proud to be the only point-of-sale software exclusively endorsed by Ace Hardware.”

About Epicor Software Corporation

Epicor Software Corporation drives business growth. We provide flexible, industry-specific software designed to fit the precise needs of our manufacturing, distribution, retail, and service industry customers. More than 45 years of experience with our customers’ unique business processes and operational requirements are built into every solution―in the cloud or on-premises. With this deep understanding of your industry, Epicor solutions dramatically improve performance and profitability while easing complexity so you can focus on growth. For more information, connect with Epicor or visit www.epicor.com.

Epicor and the Epicor logo are trademarks or registered trademarks of Epicor Software Corporation, registered in the United States and other countries. 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.

About Ace Hardware

Ace Hardware is the largest retailer-owned hardware cooperative in the world with more than 5,300 locally owned and operated hardware stores in approximately 70 countries. Headquartered in Oak Brook, Ill., Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Since 1924, Ace has become a part of local communities around the world and known as the place with the helpful hardware folks. For more information, visit acehardware.com or newsroom.acehardware.com.

Source: Raelle Alfaro


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in manufacturing, distribution, and retail in Vietnam and China. For direct consultation, please feel free to contact us.

Epicor ERP for Epoch Cosmetics

Epoch Cosmetics & Toiletries enhance efficiency with Epicor ERP

UAE-based manufacturer drawn to manufacturing-centric and multi-region capabilities of the market-leading solution.

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced that Epoch Cosmetics & Toiletries LLC has selected Enterprise Resource Planning (ERP) solution, Epicor ERP, to improve manufacturing and warehousing operations and streamline information flow across the company.

Epicor partner, Cork Information Technology, will work with Epoch Cosmetics & Toiletries’ stakeholders to bring the full power of the Epicor platform to the company and its employees.

Dubai-based Epoch Cosmetics & Toiletries produces aerosols, deodorants, air fresheners and cosmetics for markets all around the world-including its native United Arab Emirates (UAE), the Kingdom of Saudi Arabia, India, West Africa, Egypt, Oman, the UK, France, and the US.

The company supplies major brands-such as Elegant, Inspire, Pleasure, Hot & Cold, Mehas and The Scent-to distributors, and also offers contract manufacturing to other brands.

Having grown from a handful of employees to a monthly production capacity of more than two million products in just 10 years, Epoch Cosmetics & Toiletries realized they would need to replace their existing ERP solution to continue to expand and grow.

“As we grew, our legacy system was not catering to our needs, especially in manufacturing, warehousing, and sales,” said Abbas Hamid, Director at Epoch Cosmetics & Toiletries.

The company’s warehousing issues stemmed from a lack of real-time accuracy and visibility for on-hand stock levels from the front-end system. The necessity to implement manual workarounds was impacting productivity, and inaccuracies were affecting stock valuation. In addition, stock retrieval was employee-driven, rather than system-driven, leading to further inaccuracies if goods were not correctly stored. Other complications existed based on the absence of a stock-taking module in the legacy ERP, requiring warehouse employees to perform an entirely manual reconciliation.

“In addition, the manufacturing module within the legacy system only captured the cost of materials, so labor costs and direct costs were never captured. These had to be generated through manual calculations and estimations, which affected our financials,” said Hamid.

Reporting was also cumbersome, with pending PO reports and shipment tracking requiring manual preparation, and the system offered no capability for real-time reporting.

Epoch Cosmetics & Toiletries decided it needed an ERP system that was tailored to their business operations, was easy to deploy and use, and would be flexible enough to allow the company to grow unimpeded. After considering four major ERP vendors, Hamid and his team selected Epicor ERP due to the manufacturing-centric focus and native functionality of the solution.

“While we obviously needed some level of customization, we were very clear that we wanted to adapt to a system and be in line with best industry practices, rather than the other way around-where the system has to adapt to us,” said Hamid.

Epoch Cosmetics & Toiletries’ stakeholders were particularly drawn to the real-time reporting functionality of Epicor ERP, as well as its multi-region capabilities, so that future expansion plans would not be hampered and that consolidated reports could be easily compiled.

Implementation is expected to be completed by May 2020, and the company’s project team is currently working with regional Epicor partner, Cork Information Technology, to deploy the new solution to more than 40 users in the UAE. Supply chain, sales, CRM, manufacturing, finance and asset management will all be key areas of functionality that are expected to help enhance Epoch Cosmetics & Toiletries’ operations.

Epoch Cosmetics & Toiletries’ management team is hopeful that, with Epicor ERP in place, its operations will be streamlined, allowing it to expand as needed and implement international best standards in manufacturing. Also, given the ability for Epicor ERP to integrate with multiple third-party solutions, the company plans to work with Epicor to integrate modules for business analytics and intelligent manufacturing.

“All across the Middle East and North Africa region, manufacturing companies are trying to digitally transform, so that operations are optimized continually,” said Amel Gardner, Regional Director, Middle East, Africa and India (MEAI), Epicor.

“Processes that are overly manual impede growth, so digitization is the key to agility. Epoch Cosmetics & Toiletries realized its legacy architecture was holding back the fulfillment of its regional ambitions. When you have the vision to shake off the old and embrace the new, extraordinary things can happen. We are confident that with Epicor ERP in place, the company will march quickly towards a new horizon.”

Source: Mark Bowen


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

Ace Hardware Epicor Partnership

Ace Hardware doubles down on POS partnership

Ace Hardware Corp. is expanding collaboration with Epicor Software Corp. to exclusively recommend the Epicor Eagle POS solution to its members for five years. Ace has been leveraging Epicor as a POS partner for two decades, and more than 3,400 of its 5,300-plus locally-owned and operated hardware stores in approximately 70 countries currently run Epicor Eagle. In other words, the largest retailer-owned hardware cooperative in the world is committing to a platform that supports POS, inventory and order management, and data analytics.

In addition to supporting POS operations, Epicor Eagle N Series retail business software features integrated inventory management, purchasing and receiving tools. It also provides analytical tools that enable custom reporting with intuitive, on-screen metrics such as inventory, accounts receivable, and sales.

“It only made sense to expand our partnership with Epicor as we continue to build momentum as a brand and retailer. Epicor’s vision for, and commitment to, the independent retailer, coupled with its industry-specific technology, set the company apart from the rest,” said John Venhuizen, president and CEO, Ace Hardware. “Today marks the start of an expanded relationship and we’re excited about the potential and future developments that this will bring.”

Ace Hardware is headquartered in Oak Brook, Ill. Ace and its subsidiaries operate a network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates.

Source:DC Velocity


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in manufacturing, distribution, and retail in Vietnam and China. For direct consultation, please feel free to contact us.

Anchor Fabrication with Epicor

Anchor Fabrication Improves Productivity by 200% with Epicor

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, today announced Anchor Fabrication, a Texas-based one-stop metal fabrication shop, has improved its productivity by up to 200% through the help of the Epicor ERP solution. Epicor ERP empowers a frictionless inventory and order management solution offering the flexibility to deliver world-class customer service while taking on a higher volume of daily transactions.

Anchor Fabrication caters to a wide variety of customers with a range of product needs – from plasma- and laser-cutting to machining, welding, and assembly work. Headquartered in Fort Worth, Texas, Anchor Fabrication has more than 1,000,000 square feet of manufacturing space across six facilities.

“We’ve built a reputation within the metal fabrication industry based on our efficiency and ability to quickly execute on a variety of services,” said Hector Robles, VP of manufacturing at Anchor Fabrication. “During site visits, customers often tell us they appreciate our ability to quickly lookup almost any particular part’s manufacturing history along with the number of times we’ve built those specific parts.”

 

Drastically reduced-order planning costs

Epicor ERP allows Anchor Fabrication to combine all work order data into a single job without the need for manual human entry – ultimately reducing order planning costs by over $100,000 each year.

“Anchor likes to inform employees with the most concise data and the best information possible for every job that goes to the floor. Epicor really helps to keep all that information together in one spot,” said Jason Davis, VP of sales at Anchor Fabrication.

Anchor Fabrication’s rapid delivery of manufacturing orders is due in part to their ability to perform dynamic nesting, made possible by the Epicor ERP platform, which allows the metal shop team to take work orders and perform them concurrently through integration with Service Connect. The software system examines all orders that are assigned to a certain machine and notifies the Anchor Fabrication team if any orders are a fit for simultaneous execution.

“Many metal fabricators only perform a single service – welding, cutting, coating – but Anchor Fabrication saw an opportunity to differentiate themselves from the competition. They’ve strategically positioned themselves as an all-in-one metal fabrication service provider, and as a provider that can complete customer orders faster than single-service competitors,” said Terri Hiskey, VP of global product marketing at Epicor. “We’re very happy to see that our vertical industry specialization and product knowledge and capabilities have enabled Anchor Fabrication to work smarter, not harder – making a marked difference in the company’s business, productivity, and revenue.”

An effortless, adjustable fit

Anchor Fabrication began using Epicor ERP solutions in 2007 after determining that their previous software solution could not provide the required flexibility when it came to scheduling orders and making needed changes to orders in process.

“Epicor can tailor software solutions to fit the needs of the customer, whereas most ERP solution providers force customers to adapt to their software capabilities,” said Steven Pybus, VP of engineering at Anchor Fabrication. “They have a support team that really knows the product and solution.”

Source: Financial Buzz


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses, including those in metal fabrication, in Vietnam and China. For direct consultation, please feel free to contact us.

JCurve Solutions Epicor partnership

JCurve Solutions announces partnership with Epicor for its Riyo solution

JCurve Solutions (ASX: JCS) announces today that it has become an Alliance ISV (independent software vendor) partner for Epicor Software Corporation. Following a comprehensive selection process and technical due diligence, Riyo has been selected as the preferred solution for rostering and scheduling jobs as part of the Epicor SLS offering.

Epicor is one of Australia’s leading solutions for the aged care industry managing over 50,000 residents. The company’s Senior Living Solution (SLS) is designed specifically for the operators of residential aged care, independent living, and community care organisations.

Stephen Canning, JCS CEO, explains, “We are excited to announce a partnership that brings together two powerhouses in software development. Both companies are committed to delivering increased efficiency, accuracy and operational improvements in the Aged and Community Care sector.”

The Riyo platform delivers innovative service management and scheduling software that helps service-focused companies remove bottlenecks, scale quickly with demand, and turn their service jobs into “job done”. Riyo overcomes common roadblocks to business success while keeping a strong focus on creating winning customer experiences.

“Riyo is fast becoming a disruptor of legacy solutions by delivering a modern, progressive field service and rostering solution that is tailor-built to the requirements of the Aged and Community Care market. Traditional solutions lack the agility that many companies in the industry need to thrive in the modern world of service delivery,” continues Stephen.

“With our close engagement with the progressive team at Epicor, we are confident that our rich functionality of Riyo has the flexibility and scalability to deliver the greatest value to the Aged and Community Care sector.”

Source: Open PR


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in Vietnam and China. Please feel free to contact us to find the most suitable and flexibel ERP for your business.

Epicor in Taiwan

Epicor beats 16 others in Taiwan

Epicor has won a contract to replace the ERP solution at Chin Fong Machine Industrial Co Ltd in Taiwan. Chin Fong is the largest manufacturer of mechanical power presses in Taiwan. Founded in 1948 it has revenues of $7.4 billion NTD.

The company is aiming to become the largest manufacturer in the world. It has manufacturing plants in both Taiwan and China. It has also expanded further overseas. Chin Fong acquired Stamtec Inc in 1990 and also has sales offices in China, Taiwan, Malaysia, Indonesia, the USA, and Thailand. It also has a global distribution network. In 2001 it extended its capability to automobile presses and can name Toyota and Ford amongst its customers.

Chin Fong first implemented an ERP solution in 2002. Seventeen years on the business has grown significantly and become more complex. The original ERP could only support standardized products. This increased the burden on staff from workarounds and it decided to replace the legacy solution

Mr. Yuta Tu, IT manager at Chin Fong, said: “Our old ERP system could not cope with the type of orders we were receiving. With customer demands becoming increasingly diversified, whenever we processed orders or managed production, our workforce had to spend lots of extra hours to solve problems caused by the system.”

“Furthermore, since our various subsidiaries used different ERP systems, a lot of additional time was spent compiling data for use in our financial statements. All of this had a negative impact on decision-making within the company.”

A long evaluation process

Chin Fong took its time evaluating the different solutions available. In total it looked at seventeen suppliers. That it took so long is unusual, one might argue that ERP solutions can change considerably over those two years.

However, the answer may lie in another comment by Yuta: “During the testing stage, we found that the combination of Epicor ERP and Microsoft technology complemented each other well. This was especially evident when having to process unexpected financial statements—the system’s ability to quickly input data helped reduce the amount of work for the IT department, thereby greatly increasing efficiency. As a result, we decided to completely switch all of our operations to the new ERP system by the end of this year.”

With such an important decision to make, after all its previous solution had lasted more than 15 years the duration starts to make some sense. Running a pilot to understand the integrations between its different solutions clearly helped. It will also have seen the improvements that Epicor has made to its core ERP solution. Epicor updates its core ERP solution, version 10, every six months. The latest release was in October this year.

Cash flow and mobile ERP key objectives

Chin Fong also had clear objectives for its new solution:

  • Cash flow traceability: required for the core organization and its subsidiaries. By tracking orders and transfers between business units it wanted to manage resources in real-time. This allows it to provide customers with accurate quotations using accurate costs.
  • Mobile-enabled ERP: International growth means it is important that managers can see up to date information on their mobile devices. They can both view information and take action decisions through the mobile application.

Epicor was finally selected based on its integration with Microsoft, the total cost of ownership and positive reference customers.

Implementation begins in China

Chin Fong will first implement the solution at its factory in Jiangsu, China in December. The implementation at Jiangsu will deliver order processing, logistics, purchasing, and finance. Staff from the head office in Taiwan will assist with the implementation.

 Vincent Tang, Regional Vice President, Asia, at Epicor

    Vincent Tang, Regional Vice President, Asia, at Epicor

This will help them gain a deeper knowledge of the solution. It will also be useful when they deploy Epicor in Taiwan in Spring 2020. With a unified solution across its operations, Chin Fong will obtain visibility it has struggled to achieve previously. It should also make further expansion easier.

Vincent Tang, regional vice president, Asia, for Epicor noted: “Epicor has a wealth of expertise in developing ERP software for machinery manufacturers. Our solutions are specifically designed to provide the greatest level of flexibility and promote business growth. We are proud that Chin Fong has selected Epicor ERP to help meet its business goals, and we look forward to supporting the company in its future growth ambitions.”

Enterprise Times: What does this mean

With the Taiwanese manufacturing production index falling in 2019 companies need to ensure that they increase efficiency. Chin Fong will do so over the next few months. This should cut both direct and indirect costs as it rolls out the application. Importantly it will have a better picture of its costs and will be able to transfer production between its plants as required. This should enable it to maximize profits and revenues in the coming years.

The advantage of adopting the Epicor solution is that it will also be able to take advantage of the upgrades every few months without a significant cost burden. It is unlikely that it did so with its historic solution.

Source: Steve Brooks


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in Vietnam and China. For direct consultation, please feel free to contact us.