Epicor Software Corporation made available a new Total Economic Impact (TEI) study that examines the potential return on investment (ROI) companies can achieve with the Epicor enterprise resource planning (ERP) suite. The August 2017 commissioned study conducted by Forrester Consulting on behalf of Epicor is titled, “The Total Economic Impact of Epicor ERP: Driving Efficiency, Customer Responsiveness, And Cost Savings Through Epicor ERP.”
The study is based on detailed interviews conducted with a number of Epicor customers. Their combined attributes and experiences form a composite organization from which Forrester developed a framework to measure the potential financial impact and investment return of Epicor ERP to an organization.
Based on the analysis, Epicor ERP enabled the composite organization to achieve risk-adjusted inventory savings of $4.4 million, with a risk-adjusted ROI of 264% and a payback period of 13 months, in addition to over $3.4 million in enterprise efficiency savings bringing the total economic benefit to more than $9 million.
“The returns and benefits are even more compelling when you consider the rapid return on investment and low total cost of ownership. With Epicor ERP, our customers are improving productivity, increasing efficiency, and improving performance, all of which leads to a better experience for their partners and customers and positions them for business growth” said Celia Fleischaker, CMO, Epicor.
Epicor ERP is a global enterprise resource planning solution that delivers the choice, flexibility and agility to drive growth and opportunity throughout your business without the complexity of legacy platforms. Epicor ERP offers a modular approach with robust capabilities focused on reducing costs, streamlining processes, and improving customer responsiveness across the enterprise—all top priorities toward achieving continued growth and profitability.