2021
Deep, sophisticated, and easy-to-use software for financial budgeting & planning, analysis, reporting & consolidation.
Take control of the reporting and budgeting process across your organization EFP is a unified and easy-to-use software for financial reporting & analysis, consolidation, dashboarding, budgeting & planning. It is an add-on software to your Epicor iScala system (or any other Epicor or non-Epicor system). It is a solution that will allow you to take full control of your financial planning & analysis process by streamlining the way you do reporting, budgeting, dashboarding, and consolidation, and automating tasks.
Powerful Business Rules Automation – Automate Complex tasks with rules With EFP, your finance department can transform complex data into actionable insights. EFP´s built-in business rules engine can handle highly complex calculations in a simple, straightforward manner. You can have multiple pre-built rules such as direct and indirect cash flow, consolidation, foreign exchange rates or HR calculations. No matter how advanced the rule you want to run, all these can be accomplished without any hard coding or IT assistance. The EFP Dashboard – a curated view to highlight the numbers that matter to you When logging into EFP, you are welcomed by a dashboard that contains graphs that are relevant to your line of work. You get a summarized view of your assignments and key reports. You will have a board where you get to see announcements set up by the administrator for news that you shouldn´t miss. It is worth mentioning that setting up this dashboard requires no coding at all. Whether you want to display gross margin, revenue, budget versus actual, the choice of what you want to see is all yours to decide. Want to set up multiple dashboards to cover sales and finance? You can do that too.
Best Practice Approach – always the ideal way of working EFP believes in good reporting and budgeting practices that are designed to minimize errors and inconsistencies and engage front-line managers with the unique perspective of their department to collaborate with the finance department so that top-down guidelines may be combined with bottom-up knowledge. EFP looks at your way of working and suggests ways of optimizing your entire process through tried and tested practices like the use of report templates and the report wizard, driver- based budgeting, live and rolling forecasts, what-if analysis, version control capabilities, advanced allocations, intercompany matching, intercompany eliminations, and more. Focus on Ease of Use & Quick Implementation – quicker time to productivity EFP integrates natively with Epicor iScala, Epicor ERP, P21, Epicor Enterprise, and other non-Epicor systems quickly and efficiently. This seamless integration with your existing ERP investment ensures quick access to accurate management information. EFP is also heavily focused on ease of use. It´s guiding principle is that when you log in as a user, you should be able to find the things you need the most within 5 seconds and you should never have to ask how to do things. It must feel accessible, quick, and intuitive. Artificial Intelligence and Machine Learning – A real step towards FP&A progress EFP is powered by AI and ML. For you, this means automating complex tasks, the possibility of consuming, understanding, and processing of data volumes and speeds never before imagined. It also means the system will adapt and improve its predictions based on experience, without user intervention. For example, deep learning is used to automatically check data entries for errors or predict customer payment based on payment history. Power BI Support – a complete picture of the business Enable deeper and faster analysis by integrating with in-house Power BI models. This direct support for Power BI and tabular cubes in the cloud will ensure you get a complete picture of the business health.
“...We like the fact that it is cloud-based, install is very easy. It has Excel-add in and that it is just one system for both reporting and budgeting. EFP is also very modular which means you can make pretty much whatever you want.” —Peter Nefus, Senior System Business Analyst in IT | CBN
Why Choose EFP? Secure FP&A Investment one tool to use and maintain Best Practice Approach offers pre-defined management content Ease of Use Dynamic and user-friendly Secure choice multi-layered security Quick Implementation Quick and efficient ERP integration
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