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Epicor Unveils Latest Version of Human Capital Management Solution at the SHRM 2012 Annual ConferenceAddressing the Growing Market Demand for HR Management Solutions, Epicor Targets to Improve and Streamline Business Processes for Customers Worldwide (June 25, 2012)
ATLANTA, GA -- (Marketwire) -- 06/25/12 -- SHRM 2012, Booth 621 -- Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced the latest version of its award-winning human capital management (HCM) solution, Epicor HCM version 5.7, at the Society for Human Resource Management Annual Conference and Exhibition (SHRM), being held June 24-27 in Atlanta, Ga. The latest release of Epicor HCM, available this summer, will deliver functional improvements, focused on global framework and web services, designed to streamline processes and better manage a diverse workforce.
Epicor HCM is a complete human resource information system (HRIS) that automates HR processes, enabling companies to track, manage and analyze employee data throughout the entire employee lifecycle. With the evolving workforce, human capital management continues to become more impacted by business processes from across the organization. According to an independent report, "Forrester expects this market (for HR/HCM applications) to grow at a composite rate of 8.3% through 2014, hitting almost $12 billion."(1)
Complete Deployment Choice
From small businesses to large multinational companies that range in size from 100 to more than 100,000 employees, Epicor HCM adapts to all levels by supporting a full range of services for deployments. The latest release of Epicor HCM will expand the global framework to configure data fields that reflect the appropriate format based on a user's location. Ready for personalized and effective collaboration, the framework will customize the ability to show or even hide certain fields, depending on the country. Users will have the ability to translate field labels, field content and reports in supported languages, English, French-Canadian and Spanish.
"The enhanced global framework is the cornerstone to expand future capabilities for localization and translation, helping reduce time and costs for our customers," said Diana Van Blaricom, senior product marketing manager, human capital management solutions for Epicor. "We are committed to continually providing customers with enhanced tools to cultivate and strengthen the workforce worldwide."
For more personalized tools, Epicor HCM will now include "Deferred Authentication" which uses a web service to validate the users' credentials to the customer's Active Directory server and securely store the domain user name and password, without the need to keep users constantly linked to the other side. The "Service Draft-Web Services" feature will allow customers to gain all the benefits of task logic for inserting or editing data, without having to run a task from the front end. Additionally, leveraging enhanced web services capabilities of Epicor Service Connect business integration platform enables Epicor HCM to access Epicor enterprise resource planning (ERP) payroll for check processing including personal pay rate, benefit deduction and direct deposit information to help streamline processes.
Unified HCM Solution
According to a recent report from Gartner, Inc., "Customers should first choose the HCM applications that best fit their business needs, then choose a delivery model."(2) Epicor HCM is designed to meet the unique needs of a company's requirements, without compromising the functionality to build and maintain a high-performance organization. Epicor provides the broadest flexibility for implementing the solution -- on-demand as software as a service (SaaS) subscription, hosted or on-premise license -- including an entry-level option Epicor HCM Express, designed for rapid implementation focused on core HR capabilities. Epicor HCM Express offers the same intuitive user interface. As an organization grows and business requirements evolve, they can seamlessly move to access the broader functionality of the Epicor HCM suite allowing for expanded use and easier adoption throughout the whole company.
Epicor HCM provides businesses with the HR capabilities they need to create effective people management processes that add significant value to the entire company -- not just the HR department. The latest version of Epicor HCM will be available as an integral part of the Epicor enterprise resource planning (ERP) suite, as well as an independent, end-to-end solution. Featuring core HR functionality, recruitment, reporting and analytics, talent management, self service, and strong multinational capabilities, Epicor HCM enables companies to spend more time managing their talent instead of managing their data.
For the second consecutive year, Epicor HCM was named a finalist for the 27th annual 2012 CODiE Awards, in the business software categories for Best Human Capital Management Solution and HRO Today magazine awarded Epicor HCM in the 2011 Tektonic Award for Best HRMS. To learn more about Epicor HCM, please visit http://www.epicor.com/Products/Pages/Epicor-HCM.aspx.
About Epicor Software Corporation
Epicor Software Corporation is a global leader delivering business software solutions to the manufacturing, distribution, retail and services industries. With 40 years of experience serving midmarket organizations and divisions of Global 1000 companies, Epicor has more than 20,000 customers in over 150 countries. Epicor enterprise resource planning (ERP), retail management software, supply chain management (SCM), and human capital management (HCM) enable companies to drive increased efficiency and improve profitability. With a history of innovation, industry expertise and passion for excellence, Epicor inspires customers to build lasting competitive advantage. Epicor provides the single point of accountability that local, regional and global businesses demand. The Company's headquarters are located in Dublin, California, with offices and affiliates worldwide. For more information, visit www.epicor.com.
Epicor, Epicor HCM and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
This document includes descriptions of product functionality that is not presently available. This press release contains certain statements which may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding future product releases, growth prospects, and the direction and launch of future functionality and other statements that are not historical fact. These forward-looking statements are based on currently available competitive, financial and economic data together with management's views and assumptions regarding future events and business performance at the time the statements are made and are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements. Such risks and uncertainties include but are not limited to changes in the demand for Epicor's products; the timely availability and market acceptance of new products and upgrades; the impact of competitive products and pricing; the discovery of undetected software errors; changes in the financial condition of Epicor's customers; and other factors discussed in Epicor's quarterly report on Form 10-Q for the quarter ended March 31, 2012 as well as its S-4 Registration Statement filed on January 11, 2012. As a result of these factors the business or prospects expected by Epicor as part of this announcement may not occur. Epicor undertakes no obligation to revise or update publicly any forward-looking statements.
(1) Forrester Research, Inc., "Trends 2011: HRM Processes And Applications Move Ahead Despite Mixed Employment Outlook," Paul D. Hamerman with Connie Moore, Claire Schooley and Andrew Magarie, January 14, 2011
(2) Gartner, Inc., "Impact of Cloud Computing on Human Capital Management Applications," Jeff Freyermuth Oct. 27, 2011
Senior Director, Public Relations
Epicor Software Corporation
+1 949 585 4235
Senior Specialist, Public Relations
Epicor Software Corporation
+1 949 585 4016
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