I'm delighted to announce that our business management software solution, Epicor iScala, has been named the gold winner in the Enterprise Product of the Year, Software category at this year's Best in Biz Awards. These awards claim to be 'the only independent global business awards programme judged each year by prominent editors and reporters from top-tier publications from around the world'.
iScala was commended for helping businesses tackle growth in the context of an ever-changing global compliance landscape. Some pretty major changes to the latest version of iScala in the last year have meant that customers worldwide are being supported to innovate, grow their business, and improve efficiency.
That's no mean feat. Research shows that last year 39% of global businesses found growth challenging, a figure that has since risen further to 45%. So, growth is becoming harder than ever for businesses to achieve, and this is even more the case in the context of ever-changing global compliance requirements.
Key challenges that iScala has been recognised for helping its customers overcome include:
Growth requires access to business data
Each iScala user now has a home screen tailored to their specific needs and business functions, giving users easy access to the information they need every day.
A lack of innovation can hold businesses back
For businesses that want to innovate, the latest version underpins new ways of working with its mobile and automation capabilities. For example, the mobile warehouse app (available on Android and iOS) automates and simplifies key day-to-day operations, such as checking barcodes and recording stock-taking activities from a mobile device.
Everyday tasks take up too much time
iScala helps businesses improve efficiency and reduce time spent on every day. For example, it helps businesses save crucial financial management time by copying general ledger transactions, thereby limiting the number of repetitive entries finance teams otherwise have to make during book-entry processes. Key functional data entry programmes are also consolidated into one single collapsible form so that users can quickly look up the supplier/customer or inventory/asset details of every order.
Meeting multiple local compliance requirements
New capabilities in the iScala Electronic Compliance Platform help businesses deliver country-specific reporting and filing, and structured output reports. The platform also simplifies cross-currency supplier payments, and assists with relevant customer declaration information where, for example, import VAT needs to be reported to the authorities.
Developed by the experts here at Epicor, iScala helps customers implement effective governance, mitigate risk, and improve controls in order to help them grow their businesses.
i The research was conducted by Morar Consulting on behalf of Epicor Software Corporation in November 2017 and November 2016. The research questioned around 2,500 business decision makers and employees in businesses across the globe, about their growth performance in the last 12 months.