Managing multiple companies under one umbrella can feel like juggling too many moving parts, especially when it comes to intercompany trading and drop shipments. Without the right system, this process can become inefficient, error-prone, and time-consuming.
With Teccweb’s support and expertise, organizations can transform complexity into clarity by streamlining operations across multiple entities.
Intercompany trading occurs when entities within the same parent organization exchange goods, services, or finances.
For instance, a parent company might sell products to its regional subsidiaries or divisions.
While these transactions may seem straightforward, they can quickly become complicated without proper automation. Manual processes can result in duplicate entries, delayed reconciliation, and errors in financial reporting.
Epicor ERP simplifies these interactions by seamlessly connecting companies, ensuring accurate, consistent transactions are reflected in real time across both entities.
A drop shipment occurs when products are delivered directly from a supplier to a customer, bypassing the company’s warehouse.
This strategy reduces handling costs and speeds up delivery. It is especially valuable for distributors who manage broad product lines without holding extensive stock.
The challenge lies in visibility. Without the right system, companies may have difficulty tracking orders, managing documentation, and maintaining customer confidence.
Epicor ERP resolves these issues by providing transparency into customer orders, supplier shipments, and financial tracking.
Without ERP support, operating multiple legal entities often leads to inefficiencies and errors.
Epicor ERP eliminates inefficiencies by standardizing and automating processes across entities.
Epicor ERP automatically creates mirrored transactions between companies. For example, when one entity issues a sales order, the system creates the corresponding purchase order.
This automates data consistency, eliminates back-and-forth, and frees up teams to focus on strategy.
Epicor ensures all subsidiaries operate within a consistent, unified financial framework. This synchronization ensures profit and loss statements, balance sheets, and cash flow reports are always aligned.
It also minimizes discrepancies in reporting across jurisdictions.
Epicor ERP eliminates the need for data entry by different departments or companies. One transaction flows through the system, updating wherever it’s needed.
This reduces duplication, saving time and minimizing human error. The result is cleaner data and better decision-making.
Epicor ERP streamlines drop shipments by connecting customers, suppliers, and your business within a single workflow.
Drop shipments start with a customer order, which triggers a purchase order from the supplier. Epicor links the two transactions.
When a sales order is placed, the system instantly generates the correct purchase order and ties it back to the original customer order.
This reduces the risk of delays, missed shipments, and mismatched data.
Epicor ERP lets you track shipments as if they’ve passed through your own warehouse. Customers receive updates, and internal teams monitor order progress in real time.
This level of visibility improves customer satisfaction and confidence in effective supplier management.
Epicor provides more than just visibility; it records every step of the drop shipment process. From order placement to final delivery, companies can generate reports about supplier performance.
These reports help distributors make decisions about future orders.
Epicor ERP was designed for multi-company operations, making it easier to scale and manage multiple entities.
Epicor ERP allows executives to see all companies’ inventory, order statuses, and finances from one platform.
This helps leaders make informed, fast decisions using accurate data from one system.
Consolidating financial data is challenging for multi-company operations. Epicor simplifies this process by automatically rolling up reports across subsidiaries.
The system ensures compliance and reduces the need for manual adjustments.
This consolidation saves time and provides executives with clearer insights into business performance.
Companies often have to eliminate intercompany transactions at the end of reporting periods to avoid overstating revenue or expenses.
Epicor automates this process, reducing errors and speeding up reconciliations.
This allows finance teams to close the books faster and more accurately, creating a smoother flow of financial information across the organization.
Although Epicor ERP provides the necessary tools, the success of the implementation depends on how well it is configured. Partnering with an expert ensures you receive maximum value.
Working with an Epicor expert ensures your system is configured to eliminate redundancies and optimize workflows for efficiency.
An expert will help design processes that align with your company’s unique structure and goals.
Epicor’s powerful tools require proper implementation. An expert partner ensures seamless data flow, minimizing errors.
This accuracy is critical for intercompany transactions and drop shipments.
Epicor partners design dashboards and reporting tools that clarify leadership insights.
These help companies identify inefficiencies, monitor supplier performance, and track profitability in real time, strengthening decision-making.
An ERP’s success hinges on its users. An Epicor expert will train your teams to manage intercompany workflows, track drop shipments, and use reporting features.
This knowledge boosts adoption and reduces resistance to change.
Every business is different, so ERP should be customizable.
Partnering with an Epicor expert ensures the system is fine-tuned to match your processes, avoiding costly over-customization while delivering a tailored solution.
At Teccweb, we specialize in helping organizations maximize the potential of Epicor ERP.
Our team has extensive experience with intercompany trading, drop shipments, and multi-company setups.
Whether you’re dealing with siloed systems or looking to streamline global operations, we can tailor Epicor to fit your needs.
With Teccweb as your partner, you gain a trusted advisor who will ensure that your ERP not only runs smoothly but also helps you grow.
Are you ready to simplify your multi-company operations?
