CFOs and business leaders to benefit from highly scalable Financial Planning & Analysis (FP&A) solution
Epicor recently announced that it has acquired DSPanel, a global provider of cloud-based Financial Planning & Analysis (FP&A) solutions. The acquisition includes Performance Canvas, DSPanel’s cloud-based FP&A solution.
The technology, which is currently offered to Epicor customers as Epicor Financial Planner, is fully integrated with the Epicor Industry ERP Cloud and delivers a unified, configurable, data-harmonised solution that supports financial, supply chain, workforce, sales, and marketing needs across an organisation.
Epicor Financial Planner transforms financial and operational data through the power of artificial intelligence and machine learning, such as the ability to predict financial models and uncover insights by aggregating and analysing data from diverse sources including ERP and supply chain management (SCM) systems. The solution also automates complex tasks to reduce errors and save time in period-end closings, multi-site consolidations, and financial report management and communications.
“Agility is paramount in today’s complex landscape of ever-changing market dynamics,” said Epicor CEO Steve Murphy. “Our acquisition of DSPanel will give CFOs and other business leaders a highly scalable FP&A solution to get to the right insights at the right time and take action to maximise business performance.”
This acquisition extends Epicor’s portfolio of financial management solutions, helping makers, movers, and sellers streamline and simplify budgeting, planning, forecasting, scenario modelling, and financial reporting.
“At DSPanel, we’ve always been focused on helping organisations optimise their financial and reporting processes to support strategic decision making across the business,” said DSPanel CEO Jan Morath. “By joining with Epicor, we’re excited to expand on our long-time relationship and strengthen our work to help companies increase profitability, manage and improve departmental performance, and facilitate organisational change.”
To ensure that financial planning and analysis is accurate and thorough, businesses need to ensure that relevant data is imported into the Epicor Financial Planner. Integrating Epicor with all the other business systems within an organisation is therefore essential to provide a comprehensive financial outlook. Codeless Platforms’ drag and drop Epicor ERP integration connector can quickly and easily simplify database integration and synchronisation development tasks to maintain data consistency across multiple databases and reduce bespoke development costs.
For more information on how BPA Platform can integrate Epicor with other applications and business systems, download the brochure below or call us on +44(0) 330 99 88 700.