P21 a great tool for fastener distributors
March 27, 2018

P21 a great tool for fastener distributors

Don Nowak | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Epicor Prophet 21

P 21 is our enterprise software system. We use it in all aspects of the business. It helps us to process transactions and track KPIs to insure that we are meeting our goals.
  • We are a specialty distributor. We don't have a product line per se. We manage inventory by customer. P 21 gives us the tools to do this effectively.
  • The accounting functions provide us a very good picture of our success in meeting our financial goals.
  • The portals that we can configure give us a good day to day pulse on the business
  • We do a great deal of kitting and re-work. P 21 helps us manage these processes.
  • The system is fairly intuitive and easy to use.
  • The customer master inquiry is a good tool. I like the tab for order history which shows 24 months history to establish trends. The same data should be available for invoices and GM %.
  • In item master inquiry, the data is shown on a location basis. It would be good to have a tab that shows total corporate data (inventory, sales history, usage, etc.)
  • I mentioned previously that P21 accounting functions are strong. That being said, the system really makes you pay to correct errors in pricing, A/P, receiving and billing.
Yes - We were a long time Faspac user. We were able to implement P21 4 months after we made the decision to go with it. We could have taken more time to clean up data but felt it was important to have a sense of urgency with our long time staff members who were used to Faspac.
Change management was a big part of the implementation and was well-handled - We needed to to keep the momentum up and have a tight implementation schedule in order to keep our staff motivated to learn the application.
  • P 21 has allowed us to grow the business and increase our staff productivity (measured by sales $ per full time equivalent employee).
  • Return on Assets is s KPI for our company. We were able to increase and sustain the ROA.
We felt after analyzing the different systems and talking to their users that P 21 best met our needs. We were able to take the package "plain vanilla" and make it work. The other software packages needed to customize applications to meet our needs.
I believe it is well suited for most distribution verticals. It does a very good job tracking product and cost changes due to external processes for fastener distributors. There are many more tools for other verticals that we do not need.

Epicor Prophet 21 Feature Ratings

Accounts payable
8
Accounts receivable
9
Global Financial Support
Not Rated
Primary and Secondary Ledgers
8
Journals and Reconciliations
8
Configurable Accounting
8
Standardized Processes
8
Billing Management
9
Cash and Asset Management
8
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
8
Period Close
9
Inventory tracking
9
Automatic reordering
7
Location management
8
Pricing
8
Order entry
8
Credit card processing
Not Rated
Cost of goods sold
9
Order Orchestration
Not Rated
Pay calculation
7
Benefit plan administration
Not Rated
Direct deposit files
8
Dashboards
7
Standard reports
8
Custom reports
8
API for custom integration
8
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
9
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
7
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
9
Project Revenue Recognition
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Bids Analyzed and Compared
7
Contract Authoring
8
Contract Repository
9
Requisitions-to-Purchase Orders Integrated
8
Supplier Management
7
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
9
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Forecasting
6
Inventory Planning
7
Performance Monitoring
7
Proposal Management
Not Rated
Product Master Data Management
Not Rated