Epicor P21 is ERP (Enterprise Resource Planning) software designed specifically for the manufacturing, distribution, and retail industries. It is known for its robust features and capabilities that help companies streamline operations and improve financial performance.

One of the key features that makes Epicor P21 stand out is the ability to manage contracts with B2B customers. At the core of Epicor P21 is the contract management module, which enables companies to create, manage and track various types of customer contracts. This applies to both fixed-term and indefinite-term contracts, as well as various pricing and discount structures. The module also enables companies to define and enforce contractual terms and limits, ensuring that both parties adhere to the agreed terms.

One of the standout features of the Epicor P21 contract management module is the auto-renewal feature. This feature allows businesses to set up contracts that automatically renew at the end of their term, eliminating the need for manual renewals. This not only saves time, but also helps prevent contract lapses so customers can continue to receive their products or services without interruption.

On top of creating and managing contracts, Epicor P21 also offers advanced tracking and reporting features. This allows companies to closely monitor contract execution and identify areas requiring improvement. The module also provides real-time visibility into contract profitability so companies can make informed decisions regarding pricing and discount structures.

Epicor P21 also offers a contract negotiation feature that simplifies the negotiation process by providing predefined templates and approval workflows. This feature allows companies to speed up the contract negotiation process and reduce the risk of errors or discrepancies. The Epicor P21 contract management module also integrates with other modules such as order management and financial data, ensuring seamless data flow throughout the system. This integration eliminates the need for double data entry or manual updates, saving time and reducing the risk of errors.

To summarize, the Epicor P21 contract management module offers several features and functionalities that help companies effectively manage contracts with B2B customers. From contract creation and tracking to automatic renewal and integration with other modules, Epicor P21 provides a comprehensive solution that streamlines contract management processes and improves customer relationships. This module allows companies to gain better control over their contracting activities, reduce costs and increase overall efficiency.