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EPICOR TALKS SHARED RISK

epicorEpicor has introduced the Shared Benefits Program, aimed at eliminating risk and avoiding cost overruns in ERP system deployment. Under this initiative, Epicor said the company and its customers share equally in risks and rewards of an implementation.

Both sides have financial incentives for managing the project in line with agreed-upon scope. If a project comes in under budget, the company and the customer split the savings equally. In case of over over-runs, the customer is billed for 50 percent for the professional services under the standard hourly rates. Epicor said it is committed to not having implementation costs exceed the list price of the software. The announcement did not state how this would impact deals handled by resellers.

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