Epicor Releases New Financial Functionality for BisTrack in North America
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"These automations are expected to save Epicor BisTrack software users in North America a tremendous amount of time, allowing back office personnel to focus on higher value activities and analyses," said Jason Parchomchuk, product manager, Epicor. "Automating these processes may also dramatically reduce data entry errors, ensure accurate tax reporting, provide customer convenience and a significant cost savings."
BisTrack AP Automation streamlines the process of handling and processing supplier invoices. It uses optical character recognition (OCR) technology to extract pertinent information from scanned invoices and turn it into useful electronic data. The system is designed to automatically enter this data into the BisTrack system so that invoices, and the values within them, can be accurately tracked and processed in accounts payable. The scanned image is also attached to the supplier invoice for quick paperless reference.
Epicor Tax Connect is designed to fully automate the complex, burdensome process of managing sales and use tax across multiple states and tax jurisdictions. The solution's tax decision engine helps to integrate seamlessly with BisTrack software to automate address validation, perform sales tax calculation and generate all of the necessary transaction reports.
Dealers and distributors that use the BisTrack solution can now choose to accept account payments from their customers via the popular Automated Clearinghouse (ACH) electronic payment delivery system through the Epicor Web Track customer portal. ACH Payments are processed by deducting funds directly from a checking or savings account to pay their account balance. ACH payments are fast, convenient and made at a considerably lower cost per transaction than credit card payments.
For additional information regarding this and other Epicor products and services, please contact your Epicor representative, call Epicor toll-free at (888) 463-4700 or email the company at lbm@epicor.com.
About Epicor BisTrack
Epicor BisTrack is designed to help dealers and distributors of lumber, building materials and construction supplies better manage all aspects of their businesses, optimize operations, propel opportunities, and enable employee mobility. The software creates efficiencies in workflow by improving the flow of information from the supplier to the customer, and offers powerful and flexible business intelligence tools for better forecasting and decision-making. Visit the Epicor BisTrack solution hub to learn more.
About Epicor Software Corporation
Epicor Software Corporation drives business growth. We provide flexible, industry-specific software designed around the needs of our manufacturing, distribution, retail, and service industry customers. More than 40 years of experience with our customers' unique business processes and operational requirements are built into every solution -- in the cloud or on premises. With this deep understanding of your industry, Epicor solutions manage complexity, increase efficiency, and free up resources so you can focus on growth. For more information, connect with Epicor or visit www.epicor.com.
