Epicor completes acquisition of Spectrum Human Resource Systems Corporation

Epicor Software Corporation, provider of enterprise business software solutions to the midmarket and Global 1000 companies, has completed its acquisition of Spectrum Human Resource Systems Corporation.

"Epicor is now poised to bring the power of a truly integrated next-generation enterprise resource planning (ERP) and HCM solution to market," said George Klaus, chairman, president and CEO of Epicor. "Our strategy to provide focused market-leading technology that aligns to industry best practices is further enhanced with the addition of integrated HCM solutions. We are pleased to have closed this acquisition slightly ahead of schedule and have begun the process of integrating Spectrum and its technology into Epicor.

"The fact that we have just closed our first Epicor ERP deal with a Spectrum customer this quarter is further validation that the combined company will deliver even greater value to all of our combined customers," said Klaus.

Virtual Radiologic Corporation (vRad) is a technology-enabled national radiology practice working in partnership with local radiologists and hospitals to optimise radiology's pivotal role in patient care. Currently implementing Spectrum's HCM solution, vRad just selected Epicor's next-generation ERP for its superior technology and functionality to automate business processes and support company growth plans. "We were pleased when we heard Epicor had acquired Spectrum having a single provider to tend to our overall financial and human resources enterprise information systems needs was definitely a plus in our decision to go with Epicor," said Rick Jennings, chief technology officer of Virtual Radiologic Corporation.