CASE STUDY
Each of the Audiotonix brands ran on their own legacy ERP system and several had different , separate financial systems . As a result , each business financial controller produced spreadsheets from their own system and delivered it to group management . That team would then consolidate the spreadsheets .
“ As part of our Epicor journey , we developed a new chart of accounts across the group and as each company migrates onto Epicor , they also adopt account organisation structure ,” said Finnon . “ The end result is better financial visibility from a single core data set and a much faster month-end close .”
Today , three Audiotonix brands have migrated to Epicor with the remainder on track to be onboarded by 2025 . Finnon predicted : “ As more of our businesses move online with Epicor Financial Planning & Analysis ( FP & A ), it is an essential tool to ensure an accurate , speedy financial close and consolidated management reporting .”
What do Super Bowl LVI , Queen Elizabeth ’ s Platinum Jubilee and The Cheesecake Factory all have in common ? Audiotonix .
Another benefit of a single source of data is a greatly improved insight into R & D ROI . Finnon elaborated : “ Audiotonix is a research and development-led organisation . We have roughly as many people in R & D as are in production and sales , which is reflected in our relentless innovation . And we are always looking to measure the return on those investments . Epicor gives us the power to do that .”
Pioneering market leader , Audiotonix , designs , engineers and manufactures professional audio mixing consoles and ancillary products for use in live sound , broadcast , theatre production , house of worship , film production , music creation and recording studios . With nine brands – and growing – the company needed a single 360-degree view of the business to eliminate siloed systems , improve visibility and control and drive efficiencies . Epicor Kinetic deployed in the cloud answered the call .
Consolidated visibility
Epicor Kinetic also helps to enable real-time inventory management . “ One manufacturing site had been heavily driven by backflushing processes , often dating inventory based on production quantities and creating a constant reset of the stock quantity ,” said Finnon . “ We introduced Epicor Mobile Warehouse and now everything is in one system . Every pick goes on the handheld device , forcing a physical process . Not only has it given us a much better grasp on real-time inventory accuracy , but it has also created a cultural change that nothing leaves the shop unless it goes through Epicor .”
The largest provider of audio mixing consoles and accessories in the world today , Audiotonix is comprised of an expanding roster of award-winning brands covering a range of professional audio markets . With each new acquisition , it became more challenging to establish a single source of truth for the entire business .
“ The principal driver for us was to have all our data in one place ,” said Gerry Finnon , Business Systems / ERP Manager at Audiotonix . “ We needed the visibility across the business and the ability to speed up monthend close .”
Epicor has also enforced better processes , Audiotonix teams that are on Epicor are now cycle counting . Finnon continued : “ The discipline that comes with using a mature ERP solution creates better processes and greater accuracy .”
Sound Return on Investment
In addition to Epicor Mobile Warehouse , Audiotonix has adopted several modules to extend and enhance the benefits of Epicor Kinetic deployed in the cloud .
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