ELE Advanced Technologies Ltd Selects Epicor(R)
March 01 2011 - 8:00AM
Marketwired
Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions for the midmarket and
divisions of Global 1000 companies, today announced that ELE
Advanced Technologies, a 150 employee strong manufacturer of highly
engineered components for tolerance critical applications,
utilising expertise in niche technologies for power generation,
aerospace and the automotive industry, has selected the Epicor 9
next-generation enterprise resource planning (ERP) solution. The
Epicor solution will replace ELE Advanced Technologies' ageing
business systems and give the company a more robust production
process.
With three sites, two in the UK and one in Slovakia, ELE
Advanced Technologies has leveraged enterprise software in its
finance operations for the last 20 years, but has had limited
functionality to support production and manufacturing operations.
Over time, this has led to numerous spreadsheets being developed to
manage production schedules, inventory, and invoicing, among other
processes. This approach can lead to inaccuracies between
spreadsheets and create silos of information that hamper the
agility of the business.
"We had to make a change that would give us the robust system we
needed to drive the business forward," said Martin Harrison,
financial director at ELE Advanced Technologies. "Accurate and
timely delivery of financial information is critical to any
business. To achieve this through the use of several concurrent
spreadsheets can most definitely lead to operational
inefficiencies."
Keying inaccuracies are also a challenge, as data may need to be
entered several times to achieve a task. For example, raising an
invoice currently requires multiple data entries in the different
systems.
"The various spreadsheets we use can work very well, but when a
problem occurs it is difficult and time consuming to unpick,"
continued Harrison. "It is also difficult to bring the information
together into a report in real time, such that we can see the
performance of the business at any given moment. Epicor will
overcome these challenges for us; we will be able to input
information once, and it will be usable across the whole business
in many ways."
By using Epicor as its sole business and manufacturing system,
ELE Advanced Technologies believes that it will gain a more robust
production environment to help the management team develop the
business further. Plus, with a small IT team, one of the main
advantages of Epicor is that business rules can be updated as the
business embraces change without a dependence on external
consultants and developers. ELE Advanced Technologies reviewed ten
systems before selecting Epicor, which it felt stood out for its
flexibility, modern look and its consultants understanding of the
manufacturing industry and specifically the challenges to its
business.
"Understanding the businesses that we are employed to help is
critical to the success of any ERP project," said James Norwood,
senior vice president, worldwide product marketing at Epicor. "Most
of our consultants work directly for Epicor, which means for over
25 years we have been building in-house expertise and best
practices that are shared with every new customer to help them
achieve their business goals and objectives through technology
solutions."
About Epicor Software Corporation Epicor
Software is a global leader delivering business software solutions
to the manufacturing, distribution, retail, hospitality and
services industries. With 20,000 customers in over 150 countries,
Epicor provides integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management
(SCM), human capital management (HCM) and enterprise retail
software solutions that enable companies to drive increased
efficiency and improve profitability. Founded in 1984, Epicor takes
pride in more than 25 years of technology innovation delivering
business solutions that provide the scalability and flexibility
businesses need to build competitive advantage. Epicor provides a
comprehensive range of services with a single point of
accountability that promotes rapid return on investment and low
total cost of ownership, whether operating business on a local,
regional or global scale. The Company's worldwide headquarters are
located in Irvine, California with offices and affiliates around
the world. For more information, visit www.epicor.com. Follow us on
Twitter: https://twitter.com/Epicor;
http://twitter.com/EpicorEMEA
Epicor is a registered trademark of Epicor Software Corporation.
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.
Contacts: Lisa Preuss Director, Public Relations Epicor Software
Corporation 949/585-4235 lpreuss@epicor.com Duncan Gurney The PR
Network (on behalf of Epicor UK) +44 (0)7912 495630
duncan.gurney@theprnetwork.co.uk Damon Wright Vice President,
Investor Relations Epicor Software Corporation 949/585-4509
dswright@epicor.com
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