Epicor P21 is an ERP (Enterprise Resource Planning) software specifically designed for the sales industry. Thanks to its robust features and intuitive user interface, it has become a popular choice for companies in the sales sector. One important aspect of your sales business that cannot be overlooked is regulatory compliance. In this blog, we take a look at how Epicor P21 handles regulatory compliance requirements and ensures that companies adhere to industry regulations.

First of all, Epicor P21 has built-in features that help companies comply with various regulatory requirements. These features are constantly updated to comply with the latest regulations, saving companies the time and effort of manually updating systems. For example, P21 has features like audit trails, security controls, and configurable user permissions that ensure transparency and accountability in business operations. These features not only help in regulatory compliance but also help in maintaining data integrity.

Additionally, P21 has specific modules and functionalities that meet industry-specific compliance requirements. For example, food and beverage companies can use the P21 Batch Inspection module to ensure product traceability under the Food Safety Modernization Act (FSMA). This feature helps companies comply with additional regulations such as the Bioterrorism Act and the Country of Origin Labeling (COOL) Act.

Furthermore, P21 has features that help companies comply with international regulations, making it a global enterprise solution. The ability to support multiple currencies and languages allows companies to operate in multiple countries and comply with local regulations. P21 also has built-in tax calculation and reporting capabilities to ensure companies are compliant with tax laws and regulations.

Moreover, P21 has built-in tools that automate the compliance process. The software can generate reports and alerts to notify companies of any discrepancies or non-compliances. This feature helps prevent costly penalties and fines that can result from non-compliance.

Overall, Epicor P21 exceeds legal compliance requirements for distribution companies. Built-in features, modules, and automation tools make it easier for companies to comply with regulations and avoid potential legal issues. With P21, companies can focus on their core business while the software takes care of their compliance needs. This is just one of many reasons why Epicor P21 is the leading ERP solution for the distribution sector.