From Audit to Financial Leadership
When he was a public accounting auditor, Phil Groves worked with Wearwell—a renowned manufacturer of industrial mats and flooring. He was always impressed by the company and its leadership team. A few years later, when Wearwell was looking for a Director of Finance and Accounting, Groves received the offer. He shared:
“It was the right time for a change, and it was exciting to join a company I already knew well and had strong relationships with.”
From his very first days, Groves realized the company’s financial systems needed an upgrade. Wearwell heavily relied on manual Excel spreadsheets, which were time-consuming and lacked advanced analytics capabilities. He said:
“My top priority was implementing a comprehensive solution to elevate our accounting processes and deliver real-time data for decision-making support.”
As an Epicor Kinetic customer, Groves attended the annual Epicor Insights conference and found the ideal solution: Epicor Financial Planning & Analysis (FP&A).
A Sustainable and Innovative Business
Founded in 1950, Wearwell was ahead of the “green” trend by recycling used tires into high-quality industrial mats that protect workers’ health. Today, Wearwell is the #1 brand in ergonomic flooring and anti-fatigue mats.
As Finance Director, Groves oversees financial reporting across the U.S. and U.K. Previously, consolidating financial statements between the two countries required extensive manual effort, consumed time, and carried a high risk of errors.
He noted:
“With Epicor FP&A, the entire process is automated with clear business rules, significantly reducing operational time and improving data accuracy. Month-end close has gone from 1.5 days to just minutes.”
Saving Time, Enhancing Governance
The time savings allowed the finance team to focus on other priorities, such as reviewing new customer profiles and managing tax exemption paperwork. Groves said:
“Epicor FP&A enables us to strengthen processes and avoid potential risks, such as penalties from tax authorities.”
Deep Analytics for Faster Decisions
One of the greatest benefits is its transparency and advanced analytics capabilities:
Easier audits with clear data traceability.
Profitability analysis by customer groups and cost analysis by suppliers.
Actionable insights for sales and marketing teams to evaluate promotional and discount programs effectively.
Groves added:
“Previously, evaluating discount program effectiveness was nearly impossible. Now we can clearly see the impact of every decision on profitability.”
Transforming Budgeting Processes
Epicor FP&A has revolutionized Wearwell’s budgeting approach:
Detailed and Accurate: Easy traceability for every number.
Broader Participation: Department-level teams can now analyze data and propose cost-optimization strategies.
Future Leadership Development: Transparent data creates opportunities to train future financial leaders.
Exceptional Support Drives Innovation
Groves highly values Epicor’s support:
“Not only is the software outstanding, but Epicor’s support team responds quickly, explains clearly, and helps us maximize the system’s potential.”
As a result, the finance team is confidently expanding initiatives, such as automating payment workflows and analyzing non-financial data (e.g., shipment counts, warehouse space).
He concluded:
“Epicor FP&A gives our team a new perspective, helping us continuously improve and earning positive feedback company-wide.”
Epicor FP&A not only automates and optimizes financial processes but also enhances analytics, transforms budgeting, and fosters a culture of data transparency across the enterprise. Wearwell is now positioned for sustainable growth with a modern, intelligent financial system.
3S Software Co., Ltd.
To successfully upgrade a business, businesses need an experienced and trusted partner. 3S will be a partner accompanying businesses on their path of development, helping businesses become more comprehensive and increase productivity at lower costs. Along with compliance with the Epicor Signature Project Implementation Methodology, it will help businesses increase production efficiency and improve profits at a very reasonable cost. 3S believes that it will always bring the most satisfaction to customers.
The 5 main solutions of 3S include:
Epicor ERP – Enterprise Resource Planning
Epicor MES – Manufacturing Execution System
BPM XSOL Solution – Business Modeling Solution
ECM DOCSTAR Solution – Digital Content Management Software
Epicor CADLINK solution – The solution allows transferring information from CAD drawings such as AutoCAD, Solidworks to Epicor ERP
More references: KINETIC CLOUD – THE GROWTH PLATFORM OF PLITEK
