Government Agencies Worldwide Turn to Epicor(R) to Manage National Budgets
Epicor Enterprise Enables Greater Fiscal Control; Delivers On-Budget, On-Time Solution for the Public Sector Worldwide
IRVINE, CA - October 2, 2006 -- Epicor Software Corporation (Nasdaq: EPIC - News), a leading provider of enterprise business software solutions for the midmarket and divisions of the Global 1000, today announced that governments around the world are successfully using Epicor Enterprise solutions to manage budgets through providing critical controls over commitments and expenditures, and accurate reporting across consolidated national accounts. Specifically, Epicor is implementing National-level solutions for the governments of Tanzania, Malawi, and The Gambia, as well as solutions for dozens of city, municipal and district councils and governments throughout the United Kingdom, Australia, the United States and Canada to manage financial, operational and customer information.
Already established as a leading end-to-end suite of proven industry-specific solutions for midmarket organizations and divisions of the Global 1000, Epicor Enterprise is equally well-suited for government agencies of similar size. With integrated components for financials, customer relationship management (CRM), supplier relationship management (SRM) and business intelligence, Epicor Enterprise provides a single point of accountability, delivering enterprise class functionality at a midmarket total cost-of-ownership.
UN Calls Upon Epicor Customer as Example of Best Practices in Infrastructure Modeling
Last November, the Government of Tanzania was chosen to present its success with its Epicor Enterprise-based Integrated Financial Management System (IFMS) at the United Nation's World Summit on Information Society (WSIS) in Tunisia, which addressed critical issues such as technology infrastructure, capacity building, the regulatory environment and financing.
"The Epicor solution is ideal for a developing country where resources -- financial and otherwise -- are scarce because it provides the best value for money," said Mrs. Nyoni, accountant general for the Government of Tanzania, which deployed Epicor to 43 key government ministries, 22 Regional centres and 85 Local Authorities. Epicor provided the Government of Tanzania with a comprehensive budgeting, accounting and fiscal control infrastructure that has significantly improved financial conditions in only five years, helping the Government to curb unbudgeted commitments and expenditures and address the demands of its development partners. This initiative, combined with the solid economic policies of the Tanzania government led to real GDP growth of more than 5.2% within the first year.
"National governments and smaller government agencies face unique challenges in managing financials, from political pressure to legislative constraints and regulatory mandates, as well as a diversity of agency specific requirements," says James Norwood, vice president of product marketing for Epicor. "Epicor Enterprise provides the flexibility to meet agency and national level management while retaining strict control over budgets and costs."
Global Governments Maintain Budgetary Control with Epicor
Most recently, the Government of The Gambia started, and the Government of Malawi completed, their respective implementations of Epicor Enterprise as a multi-ministerial accounting system. "We tried implementing CODA financials about seven years ago and were not successful," explains Mr. Kampanje, accountant general for the Government of Malawi. "Epicor provided us with the best return on investment and was successfully implemented on-time and within budget." A key determining criteria in the Government of Malawi's recent receipt of debt relief in the amount of US$ 2.9 Billion from the IMFS and the World Bank, was the implementation of the Epicor based Integrated Financial Management Solution for the Public Sector.
Epicor channel partner in East Africa, Soft-Tech, the system integrator on the Tanzania, Malawi and Gambia government implementations, acknowledged the strengths of the Epicor solution as an ideally suited solution for national governments. "Our experience implementing enterprise systems for government entities, coupled with the flexibility Epicor Enterprise provides, is a powerful combination," said Bhakti Shah, Soft-Tech's lead project manager.
Epicor Enterprise is available to government agencies through Epicor's global locations and network of partners and affiliates worldwide.
About Epicor Software Corporation
Epicor, named one of FORTUNE magazine's 100 Fastest-Growing Companies in 2006, is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to midmarket companies and divisions of the Global 1000. Founded in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation. 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.