Epicor P21 is a popular enterprise resource planning (ERP) software used by many companies to optimize their business operations. One of the most important features of this software is the ability to manage special pricing agreements. In this blog article, we will explore the various features and functions of the Epicor P21 with respect to managing special pricing agreements.

First of all: What are special pricing agreements? Special pricing agreements (SPAs) are contracts between a supplier and a customer that establish prices for goods or services to be provided during a specific period of time. These agreements usually contain discounts, rebates, and other special conditions negotiated between the two parties. Managing these agreements can be a daunting task, but with Epicor P21, it can be made much easier.

Epicor P21 has a special module called “Price Agreement Management” that is specifically designed to handle all aspects of SPAs. This module provides a central repository to store all SPA related information such as contract conditions and discount details. This makes it easier for users to access and update contract details when necessary.

One of the key features of the Epicor P21 SPA management module is the ability to support multiple agreement types. This means that the software can handle various types of special pricing agreements, including master purchasing agreements, contract pricing, supplier-managed inventory agreements, and more. This flexibility allows companies to easily manage different types of SPA, saving time and effort.

Another notable feature is the ability to set price change alerts. Epicor P21 allows users to set alerts and notifications for upcoming price changes under the terms of the SPA. This ensures that users are always up to date and can take necessary action accordingly. Additionally, Epicor P21’s SPA management module provides a comprehensive overview of all active and expired agreements. This makes it easier for companies to track the status of their agreements and take appropriate action when necessary.

In addition to these features, Epicor P21 also offers features such as automatic renewal, audit trails, and the ability to manage agreements at the customer or product level. These features make it easier to manage special pricing agreements and ultimately contribute to overall business efficiency.

In summary, the Epicor P21 SPA Management Module is a powerful tool that gives businesses the ability to effectively manage special pricing agreements.