Epicor ERP 10 is user-friendly and provides an ERP system that's designed to lift business results and empower users. As part of a modern service oriented architecture, this key ERP solution helps to manage things like supply chain handling and supply chain management, as well as each
individual business process that contributes to industrial or product development workflows.
42
Cost of Ownership
License/Subscription Cost
On-Premise:
● Based on Named User License model: A named user is where the license is tied to a specific user
● The license cannot be shared with other users
● On-Premise deployment requires an upfront fee to own the software plus IP for a fixed term plus implementation/installation,
maintenance, system upkeep overtime, customization and third-party integration costs which are over and above the license fee
● 10 to 15 percent is the typical rate of perpetual or renewal licensing for ERP systems
Cloud-Based/SaaS:
● Based on recurring subscription based model – per user per month ● Over the course of a year, subscription fees will typically add up to
about 20 to 30 percent of the cost of Epicor ERP 10 perpetual based license model
For both types of deployments, cost will vary based number of named users licenses the organization requires, level of access users require, number of applications, size and type of organization and level of customization required
SelectHub ERP Report 2019
Epicor ERP 10
43Cost of Ownership
Maintenance Cost On-Premise:● Cost is over and above the upfront cost/license fee
● Requires on-going maintenance plus on-going upgrades support which involves cost
● Users have to enter into a maintenance agreement for annual support and maintenance. The cost of which is in the range of 10 and 20 percent of the original license fee
Cloud-Based/SaaS:
● Not included in the subscription cost
● Additional cost for on-going maintenance and upgrades For both types of deployment:
● Cost will vary depending on the number of users using the system ● Upgrade fee is charged - an additional cost for upgrading the
software to new releases which is essential for ERP system to be fully functional
● Additional cost if new additions to hardware and software are made for ensuring that upgrades runs seamlessly
● Users have access to online customer support center –EPICweb which provides 24X7 technical support
● Epicor provides full upgrade packages, ad-hoc services, technical consulting, early-stage project planning assistance for those who choose to upgrade on their own
Installation/ Implementation Cost
● For both types of deployments, cost is over and above the subscription cost
● Implementation cost is calculated - based on the ratio of software to service
● Cost will vary based on the number of users, system architecture, implementation scope and complexity, company size, industry and third-party integrations
SelectHub ERP Report 2019
Epicor ERP 10
44Cost of Ownership
Installation/ Implementation Cost● Third-party integrations involve consultation cost. Most external consultants charge hourly rates ranging from $75 to over $200. ● Third-party services are priced at 30 to 35 percent of the system cost ● Additional applications and customization will increase the
implementation cost
● Involves human resources cost during implementation phase as users may need to spend additional time understanding the system and additional temporary workers to replace the users who will be working on the ERP project
● Cost will vary depending on who is providing the implementation services: vendor, in-house or outsourced/third -party
● Epicor ERP can be implemented through its authorized partners such as Clear Business Outcome and Datix
Customization Cost
● For both types of deployments, cost will vary depending on applications and modules being added such as Financial Management, Maintenance Management, Multi-company Management, Product Data Management and Supply Chain Management plus size and type of the organization
● Larger the organization, additional customizations are required and costlier the ERP implementation will get
● Heavy customization will shoot up the TCO
Data Migration Cost/Change Management/ Upfront Switching
Cost
● For both types of deployments, cost will vary depending on which legacy system is being used – older, proprietary system or disparate systems, amount of business and historical data to be migrated to the new ERP system, intensity of data migration to the new system ● Additional licenses to be purchased separately for Database
Management System of ERP. Cost of these licenses are not included in the implementation cost
SelectHub ERP Report 2019
Epicor ERP 10
45
Cost of Ownership
Training Cost
● For both types of deployments, Epicor provides training support through its online customer support center – EPICweb which provides 24X7 access to information, resources and services including customer account information, online Knowledge Base, product documentation and downloads, online forums and
communities
● Epicor provides services through Epicor Education platform which provides On-site and remote classroom training, eLearning
resources, user conferences, learning management system and Technical & End User References guides
● Cost will vary depending on the type of services opted for
Recurring/Renewal Costs
For both types of deployments, the standard license renewal fees for an ERP is 10% to 15% of the software costs
On-Premise:
● Annual recurring fees to be paid over and above the upfront cost for annual renewal, upgrades and on-going support and maintenance plus customization, third-party integration and training cost
Cloud-Based/SaaS:
● Renewal cost is equivalent to the fees paid annually or monthly for subscription-based licenses based on the number of users, add-on user licenses, on-going support and maintenance, customization, third-party integration and training cost
SelectHub ERP Report 2019
Epicor ERP 10
46
Pricing Details
Category Description Price/Details
Epicor ERP 10 Pricing
● Material Management ● Sales Order Management ● Financial Management ● Production Management ● Supply Chain Management ● CRM ● Services Support ○ BPO ○ Consulting ○ Hosting Services ○ Learning and Education Services ○ Managed Services ○ Professional Services ○ Subscription Services ○ Support
● License-Based Pricing: Price ranges between $4,000 to $500,000
● Epicor ERP perpetual based license cost for 10 users*: $40,000 per annum ● Subscription-Based Pricing: Starting at
$175/user/month for a base system
Deployment Options
What options are available for product deployment?
Cloud-based/SaaS & On-Premise
Pricing Model What is the pricing model?
● License-based ● Subscription-based
SelectHub ERP Report 2019
Epicor ERP 10
47
Pricing Details
Category Description Price/Details
Minimum Commitment
Is there a minimum monthly or yearly commitment required for purchase?
Minimum commitment of one year is required
Custom Quote Is there an option of
requesting custom quote? Available Free Trial Does the vendor provide a
free trial option? No
Product Limitations
● Does not provide strong business intelligence tools ● Does not provide a comprehensive finance module ● Does not support automatic printing of jobs and backlogs ● Does not provide standardized process flowcharts
SelectHub ERP Report 2019