Epicor ERP Pricing – An Overview
There is no doubt that every company, irrespective of its industry, size or nature, needs ERP software. An ERP helps you streamline and automate the business, allowing you to focus more on growth strategies. But some companies still hesitate before committing to an ERP software solution, and usually, the reason is the sky-high prices. Besides the cost of the software, you also have to bear charges for training, data migration, customisation and implementation. The affordable Epicor ERP pricing allows businesses of all sizes to leverage a new-age business management solution. But what is Epicor ERP?
What is Epicor ERP?
Founded in 1972, Epicor is an enterprise resource planning (ERP) solution. It leverages innovative technologies such as business analytics, big data, mobility, and the Internet of Things (IoT) to deliver flexible and intelligent business support solutions to its customers. Epicor ERP is a comprehensive solution that encompasses a wide range of features and functionalities. It effectively handles various business aspects, including accounting and finance, customer relations, project management, inventory management, materials planning, manufacturing, human capital management, supply chain management, and more. It can be deployed on-premises, hosted on dedicated servers, or accessed through cloud-based Software-as-a-Service (SaaS) models.
Epicor ERP Pricing: How Much Does it Cost in 2023?
Epicor ERP pricing is divided into three sections. The tires are priced at £16.11-£40.28, £40.28-£161.14, and over £161.14 upwards for each tier. These prices indicate the entry-level offerings provided by Epicor vendors. The price also comes on a per-user and month basis.
In addition, Epicor’s price list is also tailored according to the target client’s organisation size. For small businesses, the cost is determined based on a per-user and per-month basis. Based on the selected package, the number of users can be chosen within the specified price range.
For larger organisations, Epicor ERP pricing can start from £161.14 and go up to £805.70 per user monthly. It offers special features tailored for large-size businesses. To avail of those, the price starts from £322.28 per user monthly, and the MultiView option is available, starting from £804.89 per month, which allows for the inclusion of multiple users.
How Much does Epicor ERP Software Cost in UK?
Supply Management Software
The pricing structure for supply management software is based on a per-user, per-month basis, divided into three tiers. The prices range from £16.19 to £80.97, £80.97 to £809.70, and above £809.70, depending on the package level. For instance, Margin Point Mobile is priced at £71.71 per user per month, InfoPlus starts at £560.77 per month, and Activate is available at £4043.64 per month.
Warehouse Management Software
The majority of software in this specific category caters to SMBs. They have standard offerings and also provide more advanced options for large businesses. Standard business packages typically range from £56.40 to £161.14, while Epicor pricing for premium packages falls within the £805.70 to £40285 price range. The pricing for standard offerings is based on a monthly subscription model, whereas premium offerings often involve perpetual licenses. For instance, Finale Inventory starts at £79.76 monthly, while Flow Trac begins at £104.74 monthly.
Distribution Software
Epicor ERP pricing for its distribution software lies within a pricing range of £40.28 to £161.14 per user per month. It is inexpensive compared to other distribution software solutions, whose prices range between £4028.50 and £16114, excluding installation and training fees.
Material Requirement Planning Software
Basic Material Requirement Planning (MRP) software typically offers pricing options ranging from £12.09 to £120.85 per user per month. However, the ones with advanced features and capabilities have higher costs, often nearing £805.70.
You May Also Like to Read: SAP Business One Pricing Guide
What is the Cost of Training for Epicor ERP?
Implementing Epicor ERP is not enough to leverage its functionalities. Training your team is vital. Several ERP vendors offer training services. For an additional payment, your organisation can access several advantages, including end-user training, training for super users, video self-training, and group training. The following is a training for Epicor price list:
- 1-2 sessions: £ 402.85
- 3-4 Sessions: £ 1208.55
- 5-7 Sessions: £ 2014.25
- 8-10 Sessions: £ 4028.50
FIND OUT HOW MUCH EPICOR ERP WILL COST FOR YOUR BUSINESS TODAY!
Epicor License Cost
Epicor license cost is set competitively. The starting price for the cloud-deployed subscription is as low as £18057. For a basic manufacturing configuration, the on-premise licensing starts from £24171. Based on core and popular modules, the on-premise perpetual Epicor ERP licenses cost about £3222.80 to £4834.20 per user for a typical configuration. Finally, the average subscription costs range from £18057 to £24171 annually.
Data Migration Cost for Epicor ERP
After implementing an ERP, most companies want to transfer their data from the existing system to Epicor ERP. The cost of data migration depends upon its volume. Along with the quantity, other Epicor cost-determining factors are migration tools, present data, and the gaps between the old system and Epicor ERP.
Per the rule of data migration, you also have to determine the number of records you need to migrate, the number of customers, financial transactions, products, invoices, and versions.
Here is a list of data migration costs in Epicor:
- Cost for 1,000 records: £402.85
- Cost for 10,000 records: £1611.40
- Cost for 1 00,000 records: £18057
- Cost for 1,000,000 records: £20142.50
How Much Does Epicor Software Cost Compared to Other ERP Solutions?
The notable competitors of Epicor ERP include Microsoft Dynamics, SAP and Stone Profit Systems. Each of these caters to businesses of all sizes and offers almost similar functionalities. So what sets Epicor apart from the others? One of the prime factors is pricing. On a scale of 1 to 10, where one is least expensive, and ten is most expensive, Epicor ranks 6. Hence, it is competitively priced, and overall it is easy on the pockets. Epicor offers more favourable options for customers than its counterparts. Moreover, based on market research, Epicor ERP has received a rating of 4.7, while Dynamics has a rating of 4.5, and Stone Profit Systems follows with a rating of 4.3.
An Overview of Epicor ERP Features
Epicor is equipped with value-driven functionalities that can cater to all business processes. It goes for multiple systems including:
Human Capital Management
No matter whether you are using Epicor iScala or Epicor Kinetic, the Human Resource Management module offered by the ERP will be of immense help to you. Your employees are your biggest asset. At the same time, companies need to get involved in various processes to manage and take care of their employees.
Enterprise Content Management
Epicor eliminates manual data entry errors by capturing the data from email, physical documents, forms etc., and automatically storing it in the system. This Intelligent Data Capture functionality can save companies a lot of time and manual work.
eCommerce & Point of Sale
This modern ERP solution brings your offline and online sales channels to the same page. This means that the backend for both channels is managed by Epicor. The benefit? Despite having two separate sales processes, the company still remains aware of its sales, revenue and profits. In short, having a consolidated sales report becomes easy with Epicor.
CRM
Epicor provides a single source of truth as far as customer data is concerned. And since we have a single source of customer data, Epicor leverages to offer a 360-degree CRM portal.
Financial Management
Epicor’s financial management tool offers a comprehensive set of features and functions designed to assist accountants and financial managers in effectively tracking and recording financial transactions.
What types of businesses need this software
Epicor is a versatile business management system with a plethora of capabilities. Teams of various sizes can implement it. From small companies to large organisations, everyone can enjoy Epicor’s benefits. However, Epicor customers are mostly mid-sized. Its customer base is spread across 150 countries, mostly in the US.
Businesses belonging to the manufacturing sector, distribution company, retail sector, lumber & building materials industry and automotive services can benefit from Epicor ERP solution. Epicor offers asset management facilities to manufacturers and trading organisers so that they can fulfil their desire. To enjoy the robust benefits of this comprehensive software solution, the clients pay the Epicor cloud ERP pricing.
Conclusion About Epicor ERP Pricing
Choosing the right ERP is an arduous task. No one factor can or should influence the decision. A meticulous comparison allows you to identify the best fit ERP for your company. Based on its capabilities and price points, Epicor ERP is well-suited for small, mid-level, and large businesses alike. Besides choosing the correct ERP, you also have to identify the right ERP partners if you want to leverage the benefits of Epicor.
As a small business with a bootstrapped budget, a proliferating mid-level organisation, or a large corporation spearheading an industry, every fund should be well-spent. ERP implementation partners, like Silver Touch Technologies, can help you make the most of your money. Contact the Epicor experts to get a quote and start your Epicor journey with the best in business.
FAQs on Epicor Cloud ERP Pricing
The cost of Epicor ERP starts at £141.70 pounds per user per month
SAP and Epicor are ideal candidates for mid-sized to large organisations looking to implement an ERP system with robust features. Both ERP solutions have a rich feature set and are market leaders in the ERP industry. You can make your pick based on your organisational need, desired features, and flexibility. Epicor is less expensive; hence it will suit bootstrapped companies.
Epicor Cloud ERP pricing starts at £141.70 pounds per user per month.
The monthly charges for Epicor ERP in the UK start at £141.70 pounds per user per month.
