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Home > Epicor Software Corp > Discover the Total Economic Impact™ of Epicor ERP

Discover the Total Economic Impact™ of Epicor ERP

White Paper Published By: Epicor Software Corp
Epicor Software Corp
Published:  Nov 07, 2017
Type:  White Paper

Enterprise resource planning (ERP) software is the backbone of modern manufacturing information systems, enabling the digital transformation that’s changing operations and customer expectations. As the movement toward a digital workforce evolves, your ERP system must keep pace.

Epicor commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study to examine the potential return on investment (ROI) of deploying Epicor ERP. Several manufacturers using Epicor ERP found the following unquantified benefits:

  • Faster access to data and improved real-time visibility enabled better decision-making
  • Improved multi-company operational efficiency
  • Increased competitiveness with faster turnaround of customer quotes and improved pricing accuracy
  • Increased versatility with the Epicor ERP cloud offering
  • Access to deep expertise in manufacturing best practices

In addition, the study found several benefits that could be quantified in real dollars for a representative organization based on the interviewed companies, like:

  • Increased visibility resulted in inventory savings of $4.4 million
  • Improved planning and scheduling processes saved $1 million
  • Front-office labor savings worth $411,542
  • Improved customer experience—leading to a six percent increase in annual revenue—with an incremental profit of $2.7 million
  • IT cost savings with consolidation and replacement of legacy solutions equaled $2.3 million

Read the study to find out how else Epicor ERP has helped manufacturers.

Tags : 
manufacturing information systems, erp software, epicor erp, digital transformation, total economic impact