Welding Equipment Manufacturer Implements Epicor Country Specific Functionality
The business faces several significant challenges in its operations. Firstly, deploying the E9 template in India from the company’s headquarters in Finland requires careful planning and coordination to ensure a seamless implementation.
Secondly, there is a pressing issue of non-compliance with Indian regulatory norms concerning sales tax, customs, and excise accounting. This failure to adhere to the regulations leads to legal and financial consequences.
Moreover, accurately reflecting taxation in the finance module becomes a manual and time-consuming process, as journal entries need to be posted manually. This inefficiency hinders financial reporting and analysis. Additionally, the business neglects to include the additional procurement costs in the inventory, which leads to inaccurate cost calculations and distorted financial results.
Lastly, tracking transactions without corresponding document numbers poses a challenge, making it difficult to trace and reconcile transactions accurately. These challenges necessitate proactive measures and improvements in various areas of business operations to ensure compliance, accuracy, and efficient financial management.
By implementing a standardized ERP (Enterprise Resource Planning) solution, the organization gains a precise and consistent understanding of its welding business operations regardless of location. The solution also reduces support and maintenance costs while enabling the identification of actionable measures to enhance overall operational performance across the enterprise.
The implementation of EPICOR India CSF, incorporating India-specific functionality, has proven instrumental in addressing various business challenges.
At RheinBrücke, we offer a range of services to assist our customers in various industries including welding equipment and solutions. Our services include ERP implementation, support, and rollout, which aim to automate essential functions and ensure quality control throughout the process for our client’s convenience.