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Working with Financial Documents

Financial Management

Epicor Financials gives manufacturing businesses control over all financing activities. Modernize your system while staying current and secure in the cloud. From company-wide financial planning to connecting multiple data sources, Kinetic Financial Management has everything your company needs to automate workflows and gain efficiencies. 

Highlights

Do More with Epicor Kinetic Financial Management

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Business Intelligence

Run built-in, customizable, user-friendly data queries, live dashboards, and reports instantly from within Kinetic—or use Grow for enhanced KPI and data visualization. You can also have the Epicor FP&A reports drill down to transactions, attachments, invoices, and run the respective Kinetic applications.

Financial Planning & Analysis (FP&A)

Deliver basic financial statements and reports confidently with Epicor FP&A through out-of-the-box Excel-based or web-based reports. Enjoy the benefits of Machine Learning (ML) supported budget planning with workflow-driven approval, or run sophisticated reports for CAPEX, consolidation, and more.

Workforce Mobility

Let your teams work more efficiently with mobile applications that integrate with Kinetic. Report working time and expenses easily with attachments and approvals, and feed accounting with accurate data. Improve customer relationships by managing sales orders and shipments directly from your customers’ sites.

Global Business Management

Unify your international operations efficiently with Epicor Financials, thanks to the country-specific functionality packages focusing on legal requirements such as e-invoicing, taxation, accounting, UI translations, and electronic report submissions to authorities. Epicor customer support is available 24/7 globally.

Core Features

Kinetic Financial Management Module Overview

General Ledger

The backbone of your financial operations, the General Ledger (GL) module integrates with all other financial modules, ensuring accurate and timely financial reporting. It supports multi-currency transactions, multi-company consolidations, and detailed account management, giving you a clear and complete view of your financial position.

Accounts Payable (AP)

Automate and streamline your vendor payments with the Accounts Payable module. It handles invoice processing, payment scheduling, and vendor management efficiently. Reduce errors, enhance compliance, and improve your cash flow management with comprehensive AP functionality.

Accounts Receivable (AR)

Manage your customer invoicing and collections with the Accounts Receivable module. Track customer accounts, manage credit limits, and automate the invoicing process. Improve cash flow and reduce the time and effort required to collect payments with integrated AR tools.

Cash Management

Gain control over your cash flow with Epicor's Cash Management module. Track cash transactions, manage bank accounts, and reconcile bank statements. Ensure accurate cash forecasting and efficient cash utilization across your organization.

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Financial Reporting

Create accurate and insightful financial reports with Epicor's Financial Reporting tools. Customizable templates, real-time data access, and advanced analytics enable you to generate reports that meet your specific needs. Enhance transparency and support strategic decision-making with comprehensive reporting capabilities. 

Financial Planning & Analysis (FP&A)

Epicor's FP&A tools are designed to support your organization's strategic financial planning and analysis activities. With advanced budgeting, forecasting, and modeling capabilities, you can create detailed financial plans that align with your business goals. 

Budgeting & Forecasting

Develop accurate budgets and forecasts that reflect your business realities. Epicor's FP&A tools allow you to create multi-scenario models, perform variance analysis, and adjust plans based on real-time data. This proactive approach ensures that your financial plans remain relevant and responsive to changing business conditions. 

Analytics & Reporting

Leverage powerful analytics and reporting tools to gain deeper insights into your financial performance. Epicor provides interactive dashboards, real-time data visualization, and customizable reports that help you monitor key financial metrics and make informed decisions. 

Close Management

Streamline your close process with Epicor's Close Management tools. Automate reconciliation, journal entries, and intercompany transactions to expedite the close process. With real-time visibility into your financial data, you can identify and address issues quickly, ensuring a smooth and efficient close. 

Compliance & Audit

Ensure compliance with regulatory requirements and simplify the audit process with comprehensive documentation and audit trails. Epicor's Fastclose capabilities provide detailed records and transparency, making it easier to meet compliance standards and support audit activities. 

Summary

Epicor's Financial Management module empowers your organization to manage financial operations with precision and confidence. By leveraging advanced tools for FP&A and Fastclose, you can enhance financial transparency, improve decision-making, and achieve your strategic financial goals. Explore how Epicor can transform your financial management processes and drive your business forward. 

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