← State of Embedded Finance 2026

Epicor

“Can a vertical ERP platform for industrial SMBs become the financial and operational OS for manufacturing, distribution, and automotive aftermarket businesses by embedding payments, tax, AP automation, and integration services directly into ERP workflows?”

HQAustin, Texas, USA
IndustryVertical SaaS / Manufacturing & Distribution ERP
The story

Epicor began as an industrial ERP software vendor serving manufacturing, distribution, automotive, and building supply verticals. Over time it has expanded from pure ERP software into an embedded platform model — layering in payments (Epicor Payments / Payment Exchange), tax automation (Tax Connect powered by Avalara, plus Sovos), AP automation, and integration-as-a-service capabilities. The company is privately held under Clayton, Dubilier & Rice ownership and is positioning its ERP platforms (Kinetic, Prophet 21, Eclipse) as industry clouds that monetize adjacent financial workflows including payments processing, tax compliance, and accounts payable automation.

Last 12 months
2024-09
2024
Product timeline
2006
Avalara became an ISV Alliance partner of Epicor, powering Epicor Tax Connect for automated sales and use tax compliance.· tax
2020
Epicor Integration Cloud powered by Jitterbit launched, enabling API-based integration between Epicor ERP and third-party cloud/SaaS systems.· pivot
2023
Epicor Payments (Payment Exchange) positioned as full-service integrated card payment processor for ERP customers, including credit card authorization, settlement, and reporting.· banking
2024
Epicor added Sovos Tax Determination as an embedded tax compliance option alongside existing Avalara-powered Tax Connect, expanding tax partner choice for ERP customers.· tax
The stack
Payments / PSP
Epicor Payment Exchange (self-operated)Epicor Payments (self-operated)
Accounting
QuickBooksXeroNetSuiteSage
Accounting gap: minor