IRVINE, Calif. - (Business Wire) Epicor Software Corporation (NASDAQ:EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that XL Management has selected the Epicor Senior Living Solution (SLS) to support the company
’s continued growth and increase efficiency across 35 independently-owned senior communities. XL Management is the first Epicor SLS customer in North America, leading the drive toward lower cost-of-care and innovative new technologies in a vital, largely overlooked industry.
Already a market leading financial, resident and community care management system for the retirement living and aged care industry in Australia, Epicor SLS provides increased visibility into every aspect of community management, from property management and customer relationship management (CRM) to business intelligence, accounting and tenant care.
Founded in 2000, XL Management provides management and consulting services to retirement, personal care, assisted living and memory care communities. The company, based in Redmond, Oregon operates over 35 facilities housing over 4,000 residents in the United States, Canada and the United Kingdom.
“Powerful financial management solutions are what drew us to Epicor,” said Quintin King, chief financial officer at XL Management. “We started our software selection process knowing there were a lot of small vendors in the senior living and property management markets. Some were good with property management, others for financials, but only Epicor was well-tailored for both.”
Epicor SLS is built from an enterprise resource planning (ERP) standpoint, combining software modules that provide end-to-end tools to community managers. Financial management tools are connected to property management and CRM, providing a real-time view into company accounts, processes and procedures. Epicor’s financial management capabilities also support full multicurrency, an important focus at XL Management.
“It is very important to us that software is multinational and multi-company,” King explained. “Each of our communities are independently owned and operated. Essentially, we run 35 different companies and act as a shared-service organization for each.
“We explored the usual best-of-breed in accounting and property management, but found they didn’t really fit our needs as a multi-company, multinational midmarket organization—Epicor’s ability to customize the software to our needs was important,” King concluded.
“We are pleased to add our first US SLS customer - XL Management - to our growing base of Epicor SLS customers,” said James Norwood, vice president, product marketing for Epicor. “Epicor’s solution is already a market leader in Australia, and we believe the addition of XL Management as the first Epicor SLS customer in the United States, will help us drive the importance of increased technological advancements in the US aged care industry.”
With localized functionality for the Australian aged care industry, Epicor SLS manages over 50,000 Australian residents with this number growing rapidly. Whether an organization specializes in Retirement Village Living, Residential Aged Care, Community Care or all three, Epicor offers immense benefits. It cuts administration time, improves efficiency and enables organizations to increase revenue.
About Epicor Software Corporation
Epicor is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and professional services automation (PSA) software solutions to the midmarket and divisions of Global 1000 companies. Founded in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
Epicor Software Corporation
Kevin Jordan, 949-585-4622
kjordan@epicor.com
