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Case Study

Welding Equipment Manufacturer Implements Epicor Country Specific Functionality

Epicor ERP Implementation, ERP for Manufacturing Industry, ERP for Discrete Manufacturing
ERP for Manufacturing Industry, ERP for Discrete Manufacturing

About Customer

  • Headquartered in Lahti, Finland Kemppi, has a significant international presence and serves customers in various EMEA regions.
  • Generates business revenue from the sales of welding equipment, catering to various industries in Finland and internationally.

Business Challenges

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.

Our Solution

The implementation of EPICOR India CSF, incorporating India-specific functionality, has proven instrumental in addressing various business challenges.

  • Empowered the Finance department to effectively account for crucial aspects such as sales tax, excise, TDS (Tax Deducted at Source), and customs computations in day-to-day operations.
  • The material burden functionality captures the impact of any additional costs incurred during procurement within the inventory module providing a more accurate representation of inventory valuation.
  • EPICOR assigns a sequence-specific legal number to each transaction, significantly facilitating tracking and traceability.

Business Benefits

  • Scalability for Future Taxation Requirements
  • Reduced Manual Intervention in Tax Accounting
  • Improved Adherence to Reporting Requirements
  • Statutory Mandate Compliance for Invoicing

Implementation and Support

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.

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