1. Epicor ERP 10.1 for Finance Chris Purcell
Senior Product Marketing Manager
Felicity Seymour Morris
Principal Solution Engineer

2. Epicor ERP 10.1 & 10.1.500 10.1 Released: December 2015
Deep Functional Enhancements
All New Controlled Release Program
All New Hot Fix Process
Released: November 2016
Quality
Quick Win Functionality

3. We Want You Early Access Program Controlled Release Focused beta
Opportunity to test new capabilities
Hosted code, refreshed every two weeks
Provides market feedback during development
Over 400 customer/partner user accounts created for 10.1
Controlled Release
Focused beta
Strong exit criteria
25 customers involved

4. What are the benefits of these releases?
Does even more: Delivers more out-of-the-box. A stronger proposition for all financials users, particularly as companies grow in International markets 
Reflects customer needs: Builds on the experience of thousands of customers implementing or running their business on ERP10 
Easier to use: Incorporates many new and enhanced capabilities focused on simplifying the end user experience 
With new technology: New mobile framework and print routing solution. More complete offering in the MT cloud 
The release to move to: A strong platform for upgrades and migrations. First release to benefit from the new more rigorous QA procedures. Services to match

5. 385 380 >50% Several thousand 10.1.500 Customer Quotes
Customers live on
385
“You need the most recent technology to stay ahead of competitors and to serve your customers the best way possible. With more systems now available to be integrated with the latest version of Epicor ERP, we can now gather more and more information from our systems to continuously learn about our processes and identify opportunities for growth.”
Jos Greeve, ICT manager
Boers & Co FijnMetaalGroep B.V.
380
>50%
Several
thousand
“Upgrading to the latest version of Epicor ERP not only ensures we are running the absolute best version of the software, but it also allows our business to take advantage of the latest features that enables us to grow our business by giving users the freedom to focus on core business responsibilities.”
Daniel Sirow, vice president
Independent Components Corporation
upgrade quotes - Boers is running , and a poster child for keeping up with the latest versions of Epicor. These quotes which have been approved by the customers for us to use clearly state the value that they have received from moving to the latest release of the product and backs up our message to those customers on older versions that now is the time to be looking at moving to this release.

6. Key Features

7. Epicor ERP 10.1 Expansion Simplicity & Ease of Use
Globalization & Compliance
Performance
Advanced Bank Statement Processing
Asset revaluations
Deferred accruals with time apportionment
Financial reporter enhancements
Multiple budgets
Statistical data in GL
Carve-outs for multi-element sales
Enhanced COA setup
Expanded currency set-up
Simplified installation
Extended attachments
Streamlined sub-ledger reconciliation
Supplier multiple remit-to
New & Enhanced CSF’s
Global COA
Multi-company Allocations
Incremental Consolidation
Consolidation Monitor
Report Routing
Mobile User Experience
Save Homepage
Pick out some highlights and hand over to the SE

8. Epicor ERP 10.1.500 Expansion Simplicity & Ease of Use
Globalization & Compliance
Performance
Tax support for purchases (Inclusive added)
AP partial receipt invoicing
GRNI clearing invoices
Supplier statements
AR Invoice shipment line consolidation
ADP and generic payroll integration
Debit memo printing
Credit Card enhancement
Usability enhancements in reports and processes including sorting, selecting and filtering
Automated credit hold removal
Payment processing, entry and voiding enhancements
Ongoing support for regulatory changes
New CSF for The Netherlands
Specific Focus on: Argentina, China, Colombia, Denmark, Finland, Germany, Malaysia, Mexico, Norway, Peru, Sweden, Taiwan, Vietnam, UK
Finance EpicQ improvements:
Capture COS/WIP
Aged Receivables
AP Payments
Posting engine
Consolidations
Pick out some highlights and hand over to the SE

9. Expansion

10. Bank Statement Processing
Ergonomically improved statement entry
Import from file or manual, batching
Auto matching assistance with Fuzzy logic
Auto creates new transactions
Comprehensive overhaul delivers C.Sat
Tom will already have covered this in the previous session
The previous Bank Reconciliation routine has been upgraded to provide Bank Statement Processing functionality.  Manual Bank Statement Processing has been enhanced to enable selection from all outstanding transactions within one sheet using point-and-click simplicity, and also now allows creation of new transactions for Bank Transfers and Voided transactions from within the Bank Statement Processing Routine. Additionally, the routine supports import of electronically supplied bank statement files. The base system includes generic templates for camt.053, MT940 and Comma Separated .csv files, and through the electronic interface functionality enables the incorporation of custom programs to support individual bank formats. 
Automated recognition processes can then run to match the received data against the outstanding receipts and payments based on parameters. Identifiers as used by the bank can be stored against customers, suppliers and bank accounts, so that where sufficient information exists within the received bank statement data (or has been entered via the manual entry routine), new bank transfers and bank charges can be created automatically. Additionally if parameters permit, new receipts can be created automatically, matching to invoices based on received remittance information or by matching to customer outstanding balances, or just posting as unapplied receipts.

11. Fixed Asset Revaluations
Supports revaluation, changes in life, RV
Creates all supporting transactions
Delivers support for IFRS
The Asset Management Module has been extended for jurisdictions where asset revaluation is required, to enable entry of the revised cost of fixed assets following revaluation, together with any changes in life or residual value. Corresponding accounting movements are then created to re-state cost, clear accumulated depreciation and transfer of resulting gain/loss to a revaluation surplus or loss account as appropriate

12. Fixed Asset Revaluations
New summary fields specific to Revaluation. When selected appear in summary mode as columns and in detail mode as totals

13. Deferred Accruals
Possibility to defer expenses over period of time based on amortization schedule
Apportion AP invoice misc lines and GL journal lines across multiple periods
Automates a common requirement
AP Invoices and General Journal entries sometimes relate to expenses such as rentals or subscriptions, where the expense needs to be apportioned across multiple periods. The deferred Expenses feature enables General Journal Lines and Miscellaneous AP Invoice Lines to be flagged as deferred, and given a Deferral Code against which the Accrual Account and default deferral period and spread method can be stored. Users may modify this if they wish. On posting, the expense will get posted to the accrual account and the expense information will be stored. A new periodic process can then be run each period to release the appropriate value to the expense account

14. Deferred Expense Reconciliation Reports
Totals
Deferred With Errors
Full Details

15. Multiple Budgets Unlimited number of budgets
Each Budget is associated with a Budget Code
Budget Code is not specific for a book
Budgets are maintained per combination of Budget Code, Fiscal Year and GL Book
Financial Reports can print multiple budgets in a single report
Chart Tracker and Cash Flow trackers show budget data for selected Budget Code
Multiple Budgets are supported in AFR
The GL Budget functionality has been extended to allow storage of an unlimited number of budget sets.  Budget values can then be bulk-copied across sets or years with optional percentage adjustments. Users flag one of these sets as the default set, enabling existing reports and enquiries to function without needing additional inputs, whilst enabling over-ride of the budget set with a different one if required. The Financial Reporting function also enables a run-time selection of the budget to be used, whilst also enabling definition of a column using a fixed budget set, thereby enabling comparison between budgets also.  For users who already maintain budget information, an upgrade conversion will create a default 'Main' budget code, and associate the existing budget data with that set.
Budget codes can be deleted only if no budget amounts
Can inactivate any budget code except the one designated as the default

16. Statistical Data in GL
Hold statistical data with defined UOM against GL balances
Integrates with AFR
Streamlines allocations with traceability
Statistical (non-financial) amounts can be posted against GL accounts along with monetary amounts
This can be used to keep track of any quantitative data related to business transactions, like warehouse square footage, department headcount, etc.
Statistical amounts can be further used in reporting and in GL allocations as basis for ratio calculation

17. Statistical Accounts Setup Journal Entry Define UOM
Setup Natural Account
Journal Entry
Regular Jnl entry
New Statistical Jnl
New sub-form in journal entry is used for entering specific statistical balances directly

18. Statistical Accounts GL Allocations
Statistical amounts posted against target accounts can be used as allocation units
Statistical balances of individual accounts and summarized balances can be used as parameters in formulas

19. Carve-out for multi-element sales
Allows for “split” of single AR Invoice Line between immediate revenue recognition and deferral
Also enables user to reclassify Revenue via Posted Invoice Update

20. Simplicity & Ease of Use

21. COA Export/Import
Export/Import COA Structure, segment values, and GL accounts
Exports in excel format for easy editing
Chart of Account Import/Export routines have been added to simplify GL setup and maintenance.  It is now possible to export the Chart of Accounts Structure definition along with the account segment values and full GL accounts.  A multi-tabbed Excel spreadsheet is created which allows the user to make any necessary changes prior to import into the same or a new company Chart of Accounts.  This new feature streamlines the process of setting Chart of Accounts across many companies during implementation or can be used to make changes across the Chart in ongoing companies such as mass changes to account descriptions or attributes.

22. COA Export
COA is exported to a user-editable Excel file that would contain all related data and settings

23. COA Import
COA Import procedure is used to import a previously exported COA in several different modes
Import new COA – create new COA based on import file
Replace existing COA – replace an existing COA with a new one based on import file
Override existing COA – import data into an existing COA adding new and replacing conflicting settings
Update existing COA – import data into an existing COA only adding new settings
General Principle:
All checks and validations made during COA import are the same as in manual COA setup

24. Natural Account Mass Updates
Quickly update the options on a select group of natural account values
Filter selection by Categories or Ranges of GL Accounts
Choose to update segment options and restrictions

25. Expanded Currency Account Setup
Streamlined setup with defaults
Ability to set defaults at Book level
Expanded control with full account masking

26. Extended Attachments – GL Journals
Attach to Header and/or Lines
Drag and Drop
View from Trackers
Multiple attachments per journal header or line
Also now available on Cash Receipts
At this time, users are still only able to view attached documents if they exist in a shared location

27. AR Reconciliation Report selection options Summary Only
Opening Balances
Closing Balances
Differences Only
A new report has been provided to facilitate the reconciliation of the Accounts Receivable Ledger with the General Ledger.  It enables summary, exception or detail reporting of the opening balances, movements and closing balances for a period by GL account, identifying the corresponding sources, references and journal numbers, and highlights any discrepancies of value or unattached ledger or journal movements, or differences in closing balances.
Differences only excludes exact matches

28. AR Reconciliation - Reports

29. Tax Reconciliation Reporting on “unlinked” journals
“Difference Only” report option
A new report has been provided to facilitate reconciliation between the periodic General Ledger movements on the tax accounts and the corresponding movements reported in the tax ledger. It enables summary, exception or detail reporting of the figures by GL account against each tax type / rate identifying the corresponding sources, references and journal numbers, and highlights any discrepancies of value or unattached journal movements. It also indicates if the Tax reporting date is in a different period than that of the GL posting

30. Supplier Multiple Remit-to’s
Hold multiple remittance and bank details against a supplier
Primary remit-to defaults for AP invoices and payment instruments
Can be manually changed
Payment selection displays remit-to
Payments grouped by remit-to
Multiple remit-tos for cheque payments

31. Globalization & Compliance

32. EUROPE MIDDLE EAST AFRICA & INDIA
New & Enhanced CSF’s
AMERICAS
EUROPE MIDDLE EAST AFRICA & INDIA
OCEANIA
Argentina
Belgium
Norway
Australia
Chile (Partner)
Czech Republic
Poland
China
Colombia
Denmark
Romania
Japan
Mexico
Estonia
Sweden
Malaysia
Peru
Finland
Switzerland
New Zealand
USA
France
United Kingdom
Taiwan
Germany
Netherlands (Partner)
Thailand
India
EU – SEPA
Singapore
Italy (Partner)
Vietnam
□ New with Epicor ERP Enhanced functionality Epicor ERP 10.1

33. Global Chart of Accounts
Functionality allows user to send COA across companies
User defines what is sent to external companies
COA
COA Segments
COA Segment Values
Account Categories will automatically be sent
Changes made in parent will flow to external company with global tables setup
External records may be locked to prevent changes from being received from parent
Option to send segments only or full COA (includes GL Accounts)
Extends master data within GL
Simplifies new company set up and enterprise compliance

34. Global Chart of Accounts
Global indicators for
COA, COA Segment, and Segment Values
If COA is global, Natural Account will be global by default
Account Segment Values
COA is indicated as global
Segment is indicated as global
Segment Value is indicated as Global

35. Multi-Company Allocations
Allows distribution of allocations across companies
Enhancement to current advanced allocations allowing target account configuration to include external company
The Advanced Allocations feature has been enhanced to allow distribution of funds to target accounts in another company.  Selection of target accounts can now be made from the list of external multi-companies just as in a multi-company GL Journal entry.
Add Target Accounts
New Multi-Company Group Box that allows you to select an external company and GL accounts for allocations.
Only companies setup in External Company Maintenance will be available
Only Multi-Company accounts for the company selected will be available in the search.
Target Account populates from GL Intercompany account context defined on your External Company GL Control
Override checkbox becomes available only when you indicate a Multi-Company allocation. This allows you to change the Target Account.

36. Incremental Consolidation
Enables “net change” re-consolidation of periods which have already been consolidated
Delta calculated and consolidated for changes in:
Source book balances or movements
Consolidation rates
Consolidation types setup, or in assigning consolidation types to COA categories
What it gives?
Calculations can be repeated in case changes in source book happen after original consolidation is performed
Allows to make preliminary consolidations (even before period-end), and finalize them after period is finished, or after each set of period adjustments
Opens door for retrospective adjustment

37. Incremental Consolidation
Two modes Delta or Override
‘Override’
Each time calculates ‘Full’ Journal: previous journals need manual reversals in intermediate/target book
When repeated, creates new full journal (even if no changes happen)
‘Delta’
Full initial Journal is generated only first time for new period
Following generations only create adjustment (‘Delta’) journals
Doesn’t generated if no changes happen

38. Incremental Consolidation
Retrospective Adjustment
Allows to calculate consolidation adjustments in previously consolidated periods, and propagate them up to last consolidated period
Consolidation rates previously calculated for periods in range are retrieved, and can be modified, if necessary
Applicable only to Consolidation Definition with ‘Delta’ Generation Mode

39. Consolidation Monitor
Consolidation Monitor is new Tool allowing to review expected consolidations for selected Target Book from all sources, and current statuses of consolidations for selected Fiscal Period from receiving side on Target Company
For large, centrally managed organizations with many subsidiaries, to help manage the consolidation process
Consolidation Monitor allows to view:
Consolidation configuration (details of Consolidation Definitions) targeted to selected book
Consolidations for targeted to selected book and fiscal period, with their current statuses
If expected consolidations were send from subsidiary
If expected consolidations were initiated and prepared but not yet sent
If expected consolidations are not started at all
Consolidation Rates values used to convert amounts nominated in other currencies
Additional Actions to initiate/facilitate performing consolidations from receiving side is subject to future development

40. Performance

41. Visionary Technology Mobile User Experience Multi-tenant ERP
Epicor Mobile Access (mobile dashboards) UX revamp with HTML5
Responsive Design
Multi-tenant ERP
Continuous improvement and isolation of multi-company, multi-tenancy
Internal tools to improve SaaS operation overhead
Report routing, Self-service report customization
Mobile
HTML5
Cross platform responsive design (different device form/factor)
Modern UX

42. Save Home Page
Users can now Save, Import, Export, and Share Home Page layouts
Allows users to have multiple Home Page layouts within the client
Users can share Home Page layouts by distributing the exported .layout file so the user can import that layout into their client
This includes favorites, shortcuts, anything defined on the Home Page

43. Report Routing
An individual report run can be “broken” into multiple reports
You can direct each individual report to:
A specific address
Multiple address
Printer
Simplified Installation.
Centralized database server management, automatic creation of database for upgrades
Simplified deployment and update of component sites
Default values
Install all companion applications from a single setup UI
Automatic URL generation
High availability Improvements. Server farm states stored in central database and multiple task agents
BPM – reduce writing of C#. Allows user to define how to call the method (what to pass and what to do with the data returned)
Report Routing – new capabilities
Break single print run into numerous separate documents
Run different report definitions in a single run (e.g. different countries)
Conditionally route
Contextual link to subject line
Route to most appropriate printer
Uses same interface as BPM Designer (which is the screenshot)

44. Let’s Take a Look