Unlocking Data Insights: Master Epicor ERP Reporting Tools

In modern business, data insights are one of the most powerful tools you can command. The ability to derive patterns, trends, and performance indicators from data generated by your everyday operations can help to inform decisions, shape strategies, mitigate risks, and prepare for growth.

Unlocking data insights is essential for today’s manufacturers. One of the greatest advantages of using an all-encompassing ERP solution like Epicor Kinetic is the ability to compile data and prepare reports from every facet of your company. Epicor ERP users have a wealth of reporting tools at their fingertips, ready to help them make the most of their resources from problem-solving to growth planning.

Encompass Solutions is an expert in Epicor implementation and data management. Today, our goal with this article is to help you improve your Epicor Kinetic reporting processes, gain deeper insights from your data, and enhance your decision-making capabilities through the discovery of tools that simplify reporting and help you leverage your Epicor ERP more effectively.

Whether you are trying to optimize financial reporting, enhance operational visibility, or tailor reports to meet unique business needs, this content series will help you find the Epicor reporting tools you need.

Epicor Kinetic Reporting Tools

Epicor ERP transforms your operations into valuable data insights. Every order, invoice, and project is made up of data points. Epicor makes these accessible through a wide range of ERP reporting tools designed to streamline your reporting processes and enhance your decision-making capabilities.

Each reporting tool is tailored to specific business needs. A quick look can help you get a sense of the tools we are about to cover in depth.

GROW translates your data through real-time interactive dashboards. Financial Planning and Analysis provides financial reports and forecasts. SSRS enhances operational reporting with the help of an SQL server. BarTender simplifies label printing and documentation for compliance and operational efficiency.

GL Report generates general ledger reports, Enform manages paperwork inside the Epicor ERP system, and Custom Reporting helps you build tailored reports that address more unique business needs.

1. GROW

GROW is the Epicor Business Intelligence toolkit, which allows organizations to create innovative and interactive dashboards of custom data. You decide what data is most important and how you want it presented, and GROW will do the rest. GROW empowers real-time business intelligence, offering interactive dashboards and reports that simplify complex data analysis.

GROW implements an innovative back-end that utilizes ETL Processes (Extract, Translate, Load) to acquire the data you need from each source, then stores your real-time data in a data warehouse so it is ready to present through an interactive chart at any time.

Organizations can build a large number of custom dashboards, accessing data extracted from throughout the ERP system and integrations such as Kinetic. It can be used by top leadership or implemented for specific roles and departments. Once you decide the data you want to display, you can organize and refine it into the most useful charts for quick visual presentation and detailed analysis.

Dashboards designed with GROW can be used to monitor operations, create powerful presentations, and inform data-driven decision-making.

2. Financial Planning and Analysis (FP&A)

The Epicor FP&A or Financial Planning and Analysis toolkit helps you to streamline financial reporting for smarter forecasting and budgeting. It is designed to assist your organization in making data-driven financial decisions using in-depth analysis of your financial health, ongoing operations, and potential opportunities.

FP&A is a cloud-based solution that uses machine-learning technology to provide powerful financial insights based on your company’s real-time financial data. It is designed to empower your organization by improving the way you access financial reports, enhancing your operations, and helping your business adapt to an ever-changing financial environment.

With the Financial Planning and Analysis toolkit, you will be able to quickly generate reports that both ensure compliance and accurately predict future revenues, profits, and cash flows based on both recent and historical financial data. This allows you to craft goal-oriented and driver-based plans by presenting models of complete financial operations and even exploring what-if scenarios to stay agile in the ever-changing marketplace.

The tools provided by FP&A can also help you analyze and discover which products, customers, and segments of the business are generating the greatest profits so you can prioritize and adapt your strategy for a more successful future. Then, consolidate your reports with ease across entities so you can compare financial performance in a compact yet comprehensive way.

3. SSRS – SQL Server Reporting Services

The SQL Server Reporting Service (SSRS) is designed to enhance your access to operational reporting with the help of SQL Server operations. Epicor SSRS Reports are customizable data representations built using Microsoft SQL Server Reporting Services, tailored to Epicor ERP users. This allows you to build and deploy robust, interactive reports using truly complex and innovative methods.

SSRS provides an interface that makes it possible to visualize complex data that is empowered by the dynamic and in-depth data management toolkits built into the Microsoft SQL Server Reporting Services. It is an extremely effective and powerful method to extract, analyze, and present your business data.

Benefits of the SSRS reporting system include dynamic data representation, customization, integration, and accessibility. Take control of real-time data analysis and engage in accurate data-driven decision-making. You can also personalize reports to fit unique requirements and generate reports in multiple formats such as Excel, PDF, and Word.

For even more access to your data, SSRS integrates seamlessly with other Epicor ERP modules for fully connected data presentation.

4. BarTender

The Epicor BarTender toolkit was designed to simplify label printing and documentation processing. It will improve traceability, compliance, and operational efficiency by creating and automating the printing and control of labels, barcodes, RFID tags, plastic cards, and other essential forms of physical data output.

BarTender is a unique method of accessing data that is essential to manufacturing businesses because it allows you to print accurate labels and documents regarding your products. The toolkit primarily focuses on design for product labels, cards, RFID tags, and other related output types. You can enter print time easily and ensure your data is presented through customizable forms.

With Bar Tender, it’s easy to consolidate design with intelligent templates and ensure that each label represents the most current data. Then you can apply secure document control to ensure your business is always within regulatory compliance.

BarTender represents a set of tools that help you design labels and label templates with ease and efficiency. You can configure and connect to data sources through your Epicor-managed business systems and then launch print commands. It is also designed to empower automated printing, automate print status, manage printing supplies, and streamline print production while providing complete control over the process.

5. GL Report

General Ledger reports are an essential part of your company’s financial performance. This led to the Epicor GL Reports toolkit to help your business generate clear and comprehensive general ledger reports that provide visibility into your financial performance. A general ledger report is a financial tool that summarizes all of a business’s financial transactions, is organized by account type, and provides a comprehensive record of account balances.

The General Ledger module is linked to all aspects of business operations. By mastering it, you can achieve better financial reporting. Ig gives you the ability to record and report on finances from throughout your ERP system with no repeat data entry.

The Chart of Accounts (COA) feature shows up to 20 user-defined segments. This makes it possible to record, store, allocate, and report financial data with granular control.

The Fastclose Financial Intelligence feature helps you build reports on customer and project profitability. You can break down your data between multiple sites or branches to compare performance easily.

The multiple books function can help you build unlimited financial books, seamlessly combined into a single consolidated report for a unified financial truth. You can also build multiple financial schedules, which will be compiled gracefully into your GL reports. From tracking subsidiaries to forecasting to consolidations, GLreports is a great way to compile your financial insights and remove needless complexity from the process.

6. Enform

Business forms play a vital role in operations and data management. EnForm is the Encompass Solutions answer to the Epicor Standard Style business forms. Enform makes it possible to improve your forms with superior formatting, unified data types, and clear, detailed information to empower more efficient and integrated paperwork management. Enform Reports improves Epicor’s Standard Style business forms for any organization that uses the Epicor Kinetic ERP system.

EnForm Reports makes use of a more modern style of document that is both pleasing to see and easier to read for both your workforce and business partners. Users can also hide unused form fields to streamline formatting and improve the readability of each form in every use case across your business operations.

EnForm reports transform the Epicor Standard Style of forms to make better use of each page. We ensure word-wrapping occurs less often than standard reports while maintaining sufficient white space for clarity and optimal legibility. This means fewer pages that you need to print per report while ensuring the same level of usefulness and detail. Each report appears as a new option in the Report Style field to help you print reports with ease, using fewer pages for an eco-friendly update across the board.

7. Custom Reporting

Epicor also makes it possible to design custom reports based on needs that are not predicted by common Epicor Kinetic use cases. Custom reporting allows you to tailor your reports and dashboards any time out-of-the-box tools do not quite align with your needs.

Building custom reports requires more attention to detail and fine-tuning your report’s data curation and dashboard assembly. However, with the tools available and the comprehensive source-of-truth data within the Epicor EPR system, you will be able to create valuable data insights and presentations based on the unique needs of your business, operations, projects, collaborations, and goals.

Custom reporting makes it possible for a company to operate outside of standard procedures, whether you are innovating new internal operations or planning industry-disruptive strategies. Reports are valuable no matter your purpose, and custom reports with Epicor reporting tools will empower your progress.

Unlock Powerful Insights with Epicor Reporting Tools

Epicor ERP empowers comprehensive business management and collects a treasure-trove of both real-time and historical data in the process. Epicor’s powerful reporting tools put that data at your fingertips with intuitive charts, reports, dashboards, and ways to put the data to work through label creation, GL reports, and standard forms. Encompass Solutions is an expert Encor ERP consultant who can help you get more from your ERP infrastructure, tools, and more.

To receive more information about these reporting tools, see this guide, or to see a live demo, fill out a form here: https://content.encompass-inc.com/encompass-solutions-erp-edi-consulting-rfq-request-a-demo

Contact us for a personalized consultation on how we can improve your Epicor implementation.