Enterprise mid-market applications vendor, Epicor Software Corporation, has sold its warehousing suite to WA retail pharmacy group, the Pharmacy 777 Group in a $1 million deal.

The Pharmacy 777 Group will implement the Epicor for Retail suite providing a centralised point-of-sale (POS), warehousing, distribution, financials, customer relationship management (CRM) and business analysis platform all in one package, implemented by Epicor's partner in WA, Precise Business Solutions.

Pharmacy 777 has 12 pharmacies in a network stretching from Mandurah in the south, through Perth up to Karratha in north-west Western Australia, with outlets that operate seven days a week. The group's extended hours pharmacies are complemented by ten Pharmacy Help pharmacies which operate routine business working hours.

Pharmacy 777's goal is to be the most recognised pharmacy group in Australia for its level of customer service, with plans to open ten additional stores over the next five years.

Epicor's technology is being used to underpin the planned growth across both Pharmacy 777 and Pharmacy Help by streamlining financial and compliance reporting operations and automating warehouse management and inventory controls to improve productivity, cut costs and improve customer service.

With Epicor for Retail, Pharmacy 777 hopes to achieve its aggressive goals without the need to acquire additional staff to support store growth by providing centralised, powerful back office financials management capabilities for general ledger, accounts payable and budgeting that tightly integrate with its distribution operations.

From an individual branch perspective, Epicor will be used to analyse demographic purchasing habits, review revenue daily in different store locations and rapidly report on net profit and provide insight into which brands are selling at any particular point in time. It will also enable the organisation to forecast inventory levels providing for better gross profit and accurate quarterly reporting compliance cycles.

"We were looking for a solution which was scalable, flexible and could integrate with our Winifred primacy dispensing software," said David Speak, director of business development and partner of Pharmacy 777. "We were impressed with Precise Business Solutions' ability to back up stated claims on anticipated efficiencies and customise the Epicor software for our own pharmacy requirements. At the same time, Precise Business Solution has provided us with a series of realistic benchmarks and key performance indicators against each step of the nine-month implementation process.

"It will simply speed up our ability to gain economies of scale by systemising processes from one central IT platform location. Reports on accounts payable, general ledger, and BAS statements will be automatically generated enabling us to gain an instant forecast dashboard for future revenue and performance management."