Automate Complex Accounting Tasks and Contain Costs
As a non-profit organization, you face many unique challenges: An environment of constant resource constraints. Pressure to minimize operational overhead while maintaining high-quality customer service. Rigorous and often burdensome requirements for accounting, reporting and administrative management.
To meet these challenges, you need business systems that are easy to implement quickly and cheaply, simple and straightforward to use, and that contribute to efficiency by streamlining operations to help cut costs. In addition, you need flexible financial systems that can automate fund accounting and allocation tasks, handle complex requirements, streamline and consolidate budgeting processes, and provide detailed, customized reporting.
Epicor has helped many different kinds of non-profit organizations to be successful in today’s business environment by providing enterprise systems and implementation expertise designed to meet the needs of non-profit concerns. Epicor for Non-Profit Organizations is a powerful, flexible business system that’s just right for organizations like yours who need to get new systems in quickly, streamline operations and maximize return on investment.
Budget and Commitment Checking
Managing organizational spending and all commitments against accounts is of particular interest for non-profits. Epicor Procurement provides the ability to gather commitments from many sources like AP, Purchasing, and GL to get a complete picture of where you stand. Then in Procurement, requisitioners and approvers see the impact that a new requisition will have on commitments relative to the budget. A "what if" feature gives approvers the opportunity to see the impact of approving multiple requests before committing to them. Requisitions that cause commitments to go over budget can either be stopped dead in their tracks or escalated for higher level approval. And there's a "warning track" that notifies first-level approvers when commitments are approaching budget thresholds.
