IRVINE, Calif., May 19 /PRNewswire-FirstCall/ -- Epicor Software Corporation (Nasdaq: EPIC - News) (Company
Profile, Past
Stories, Case
Studies), a leading provider of integrated enterprise Software solutions for midmarket companies, today announced significant feature enhancements to its
"e by Epicor®" enterprise suite with the 7.3 release of Epicor Sourcing. Available immediately as part of the Epicor Supplier Relationship Management (SRM)
offering, Epicor Sourcing is an integrated auctions and sourcing solution that provides midmarket companies tier-one functionality at a low total cost of ownership. Epicor
also announced its JumpStart(TM) program which will allow customers to "try and buy" online sourcing while minimizing upfront investment.
According to AMR Research, "conservative Return on Investment (ROI) from bidding events alone is over 2000%, which translates into 10% to 15% gross margin
improvements; incremental benefits are still to come as technology and business practices are refined." (AMR Report, December 26, 2002 - Strategic Sourcing Brings
Stunning Returns to Retailers). Epicor Sourcing offers the midmarket enhanced functionality that customers and the market require, enabling organizations to gain top and
bottom line savings through strategic sourcing initiatives that will streamline operational efficiencies while improving the level of service provided to customers, suppliers and
partners.
Epicor Sourcing is a highly configurable solution with a Web-based framework that provides companies with the flexibility to quickly and easily integrate strategic sourcing,
dynamic pricing, collaboration and negotiation, and complex auctioning capabilities into their e-commerce and purchasing platforms. This latest release of Epicor Sourcing
provides key functionality enhancements including sequential start times, lotting, eRFx, and enhanced integration to Epicor eProcurement and eBackOffice applications.
These enrichments allow companies to better streamline operations, reduce cycle times, improve supplier relationships, and evaluate purchasing options based on price and
non-price parameters.
RailMarketplace, founded by major railway companies including Burlington Northern Santa Fe Railway, Canadian National, Canadian Pacific Railway, CSX Transportation,
Norfolk Southern and Union Pacific Railroad, is a global supply chain marketplace for the Class 1 railroads in North America. An Epicor customer since 2001,
RailMarketplace is a beta partner for Epicor's Sourcing 7.3 release.
"We've depended on Epicor's auction and sourcing solutions for the past two years to successfully run events, and allow companies in the rail and rail-related industry
to buy and sell goods and services," said Pamela Meyer, manager of strategic sourcing for RailMarketplace. "We are happy with the close working relationship
we have with Epicor, and are pleased with the added functionality and enhancements available to us with the new release."
Comprehensive SRM for the Midmarket
The Epicor SRM Suite provides enterprises with the necessary tools and solutions to achieve world-class performance in supplier relationships. The Epicor Sourcing
application is a key component of Epicor SRM, which maximizes savings and compliance by automating the process of negotiating the optimal combination of suppliers,
products, services, prices, and non-price attributes.
Epicor also provides a unique opportunity to midmarket companies just ramping up their SRM initiatives, Epicor JumpStart(TM). Epicor's JumpStart program offers two
options for risk averse companies, enabling them to "try-and-buy" the online sourcing solution under either a 30- or 90-day period with fixed cost and little up-front
investment.
"Epicor's JumpStart program will allow customers to quickly observe the strategic benefits that online sourcing can offer, but at minimal financial risk," said Marc
Cohen, senior product marketing manager with Epicor's Enterprise Group. "We want all of our customers to experience quick return on investment that Epicor
Sourcing can provide, and with JumpStart we're providing a cost-effective way for them to try it out."
The JumpStart program is an innovative approach, bundling Epicor Sourcing and essential services into an affordable, complete and rapidly deployable sourcing solution.
With Epicor Sourcing, buyers and suppliers are able to connect via the Internet and transact business efficiently online. Based on a proven implementation process,
JumpStart enables customers to go live quickly and run an unlimited number of events during the trial period.
About Epicor Software Corporation
Epicor is a leading provider of integrated enterprise and eBusiness software solutions for midmarket companies around the world. Founded in 1984, Epicor has over 15,000
customers and delivers end-to-end, industry-specific solutions that enable companies to immediately improve business operations and build competitive advantage in today's
Internet economy. Epicor's comprehensive suite of integrated software solutions for Supplier Relationship Management, Customer Relationship Management, Financials,
Manufacturing, Supply Chain Management, Professional Services Automation and Collaborative Commerce provide the scalability and flexibility to support long-term growth.
Epicor's solutions are complemented by a full range of services, providing single point of accountability to promote rapid return on investment and low total cost of ownership,
now and in the future. Epicor is headquartered in Irvine, California and has offices and affiliates around the world. For more information, visit the company's Web site at
www.epicor.com .
Epicor is a registered trademark and Epicor SRM, Epicor JumpStart, Epicor eBackOffice, Epicor eProcurement and Epicor Sourcing are all trademarks of Epicor Software
Corporation. All 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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