It happens all too much where you purchase something and you may not fully understand how to maximize your investment. If I sit here and think about it, a few things come to my mind: my tablet, my camera, my washing machine, the fancy coffee machine. All of these items I own and regularly use but I never took the time to understand how to use all the features that helped sell me on the item in the first place. I bet if you start thinking about that in terms of your business, there is probably a list of items you purchased or were talked into purchasing that just didn’t live up to the hype. Implementing an ERP system is a very expensive undertaking, regardless of your company size, so why in the world would you just settle for average or mediocre results.
The Epicor ERP is an incredible system that will collect and keep track of all the activities the business does. An employee will make a single transaction and Epicor will respond with an additional 10 to 20 transactions that react to the single transaction. Add the data created and captured by the MES system in a medium sized manufacturing company and you can easily have thousands and thousands of transactions created DAILY. These transactions reside in a gigantic database that holds all the secrets to the operations of the company. Every department in the company needs this data in usable forms, aka reports, that will allow them to “see” the good, the bad and the ugly. We all know that the generic reports included in the Epicor ERP system are not the best. The Epicor ERP system was designed for many thousands of different types of companies, but not specifically for YOUR company. Thus the need for custom reporting.
Most companies will attempt to customize the generic reports or develop their own custom reports to give them the information they need. The problems they encounter are answering these questions appropriately:
- What data should be included in the report?
- What data is available to use?
- Who else can use this report?
- How do I start creating a report?
Once you’re familiar with the data captured and where it resides in the Epicor system, you can start to use this data in reports to help you increase production efficiencies, accurately reports sales information, and pull historical trends. An exorbitant amount of time and effort are spent collecting this data, so it makes sense to report this data to increase the company profits.
You made a good business decision implementing an ERP system, make sure you are taking the steps necessary to achieve your desired ROI on the system. Don’t let this be one of the items you purchase and settle for average results. Contact 2WTech today to see how any current generic Epicor report can be customized to your liking or a unique custom report can be created to meet your needs. There are also website and dashboards templates that can be adapted to your liking. Visit our Report Store to learn more about some customized reports already available.