Epicor Kinetic is a robust suite of business software solutions designed to enhance productivity, streamline processes, and drive organizational growth. It encompasses various modules and features that cater to different aspects of business operations, including finance, manufacturing, and supply chain, among many others. Now, let’s talk about the cost. The pricing for Epicor Kinetic can vary significantly based on several factors. Here’s a cost breakdown of the elements when you work with Data V Tech to implement or maintain a Kinetic system in 2024:
1. Software Licensing
- Perpetual License: This involves a one-time fee to own the software indefinitely. The cost depends on the number of users and the specific modules selected.
- Subscription License: With this model, you pay an ongoing fee (typically per user per month or annually) to use the software. It often includes updates and support.
2. Implementation Costs
- Consulting Fees: These cover Data V Tech’s consultants or Epicor’s assistance setting up and configuring the system.
- Data Migration: Costs of moving existing data into the new ERP system.
- Customization: If the out-of-the-box solution doesn’t fully meet your needs, you may need custom development.
- Integration: Expenses related to integrating the ERP system with other software or systems your business uses.
3. Training
- User Training: Ensuring end-users can effectively utilize the system.
- Administrator Training: In-depth training for system administrators.
4. Maintenance and Support
- Software Updates: Costs for keeping the software up to date (if not included in a subscription license).
- Support Services: We provide ongoing support per hour. Nonetheless, depending on your preferences, we also offer this service per incident as an annual fee.
5. Hardware (for On-Premise Deployment)
- Servers: The cost of servers to run the ERP system.
- Network Infrastructure: Upgrades to network equipment if needed.
- Backup Systems: Ensuring data is regularly backed up and restorable.
6. Additional Modules or Add-Ons
- Epicor offers various modules and add-ons to extend the functionality of the ERP system, each of which adds to the cost.
7. Upgrades
- If a new major version of the software is released, there may be additional costs for upgrading.
8. Miscellaneous
- Project Management: Overseeing the implementation and rollout of the ERP system.
- Change Management: Managing organizational changes associated with adopting a new system.
9. Ongoing Operational Costs
- User Licenses: If your business grows and you need to add more users.
- Additional Training: For new employees or when new features are released.
10. Decommissioning Old Systems
- Costs associated with winding down and eventually decommissioning any old systems that the ERP system is replacing.
Epicor’s pricing structure aims to meet the specific needs and size of each business. It can be complex, but generally, it includes options for perpetual licensing (one-time fee) and subscription licensing (ongoing cost per user). The exact pricing will depend on your organization’s requirements and the level of functionality needed.
Remember that investing in an ERP system like Epicor Kinetic is a strategic decision, and the benefits it brings to your business – such as improved efficiency, streamlined processes, and better decision-making – can significantly outweigh the initial costs.
Contact us now for more information regarding your current system stage.
