Midrange enterprise software developer Epicor has created Epicor Carbon Connect, a Software as a Service-based carbon accounting product with the ability to identify, analyze, audit, track, manage, benchmark and report on carbon emissions and energy consumption.
Epicor Carbon Connect provides automated reports that demonstrate savings and provide measurement of sustainability initiatives, which can translate to justification of further investment and expenditures.
In October, Ernst & Young released research that found more than two-thirds of Fortune Global 500 companies now produce some form of sustainability report or corporate responsibility report. Moreover, reporting has become an accountability tool as employees, analysts, stakeholders, investors, competitors and customers are pressuring companies to report nonfinancial data more effectively (see Sustainability Reports Become More Commonplace).
“Financial management applications are the central hub toward effective management of sustainability challenges,” said Epicor vice president of product marketing Matt Muldoon. “Deploying an enterprise-class carbon accounting solution in the cloud will empower our customers to meet evolving reporting and regulatory requirements, while optimizing the performance, cost and value of their governance, compliance and risk efforts.”
Epicor Carbon Connect is available on-demand or on-premise, with Epicor 9.05, the company’s newest enterprise resource planning suite. Carbon Connect will be available for all other Epicor products at a later date.
This article first appeared on the web site of Accounting Today.
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