Oracle Project Practice
- Oracle Project Management
- Oracle Project Costing
- Oracle Project Billing
- Oracle Project Resource Management
- Oracle Project Collaboration
- Oracle Daily Business Intelligence for Projects
- Oracle Project Portfolio Analysis
- Integrated project planning and tracking
- Issue and change management
- Budget and forecast oversight
- Real-time project performance management through visual status indicators for key performance areas and individual measures
- Robust project security and access
- Intuitive and easily personalizable user interface
- Integration with everyday Project Management tools
- Versatile template-driven project definition.
- Multiple currency financial plan and budget creation.
- Diverse accrual and expenditure capture.
- Robust expenditure control, collection, and adjustment functionality, integrated with other Oracle applications.
- Powerful burdening functionality.
- Rule-based general ledger account functionality.
- Comprehensive reporting functionality with drilldown capability.
- Capable asset creation and CIP cost collection.
- Flexible agreements in multiple currencies.
- Budgeting for revenue in multiple currencies, separately from cost
- Organization-level and project-specific billing rate schedules and overrides Versatile billing retention and tax functionality
- Flexible revenue accrual calculation
- Powerful invoice management features, including holds, currency selection, and review/approve/release functionality
- Robust adjustment functionality, including billable status change, selective recalculation and write-off management
- Reports for unbilled receivables and unearned revenue
- Comprehensive, shared resource repository with Oracle HRMS
- Shared schedules and availability
- Concise requirements definition
- Targeted searches
- Automated approval processing
- Self-service staffing functions grouped by role
- Actual and scheduled utilization
- Project financial forecasts
- Capture time and expense
- Access to structured workspaces such as the Team Member Home page.
- Collaborate toward issue and change resolution by sharing information and assigning actions to appropriate people.
- Documentation of progress against assigned work.
- Management of documents and deliverables.
- Secure and intuitive user interface.
- Reporting of key performance indicators across the business cycle
- HTML-based reports that display summary and trend information, and provide drill-down to detail information
- Data access secured by organization and operating unit
- Cross-project reporting in different reporting dimensions
- Reporting for multiple calendar types ,fiscal, and project
- Display of information by year, quarter, month, and week periods
- Comparison of current actual amounts to prior year, prior period, and budgets
- Reporting by enterprise and functional currency
- Creation and management of portfolios made up of projects
- Comprehensive portfolio analysis tools
- Dynamic project weighting and scoring based upon defined selection criteria
- Ability to create multiple project assessment scenarios for individual portfolios
- Full range of portfolio analysis reports, charts, and graphs
- Robust project portfolio approval workflow
- Highly experienced and Cost effective resources.
- Multi-lingual resources.
- Knowledge of different industries functional and technical best practice.
- Focused in Best quality and delivery through cutting edge solutions.
- Enriched and equipped with successful client base. Our In-house developed “Payment Certificate Extension” specially meant for construction industry facilitates to handle retention of supplier payment and then to release as per the subcontractor completion of job. This is tightly integrated with core applications and driven through workflow process.
The idea of project management has been around for a long time. Today, project management has emerged as its own field, supported by a body of knowledge and research across many disciplines.
The Oracle Projects application suite includes a variety of features central to the requirements of competent and efficient enterprise project management. It enables project managers to effectively oversee their projects, assess progress against predetermined milestones and budgets, staff their projects with appropriate talent, and quickly generate a wide variety of reports. It also helps virtual and globally distributed project teams to efficiently communicate, collaborate, and complete tasks.
Global Technology Services’ Project practice can deliver fully integrated systems for different project organizations to cater for their crucial business needs. Our Project Practice solution and delivery is an enabler for new products, services, and processes that can change existing relationships between an organization and its customers or suppliers, as well as among the people within the organization.
The Oracle Projects Suite of Applications supports the full life cycle of Project Management from idea to execution with a single, accurate, up to date view of all project related activities. Oracle Projects applications are designed to integrate with many other Oracle application suites including Oracle HRMS, Oracle Financials, and Oracle Supply Chain applications to provide an efficient information flow, facilitate a global sharing of resources, and provide robust intercompany accounting.
Oracle Projects consists of the following products
Oracle Project Management
Successful project management requires continuous decision-making in order to meet expected delivery and financial targets. Oracle Project Management gives project managers the visibility and control they need to deliver projects successfully and operate efficiently. It presents project managers with a comprehensive integration of the major elements of project management: plans, progress, issues, changes, documents, effort and cost, financial information, performance, and status reports.
Key features of Oracle Project Management – Customer’s Perspective
Oracle Project Costing
Oracle Project Costing provides an integrated cost management solution for all projects and activities within an enterprise. With Project Costing customer can manage costs across currency and organizational boundaries. It also acts as a central repository of project plans and transactions, processes project costs, and creates corresponding accounting entries to satisfy corporate finance requirements.
Key features of Oracle Project Costing – Customer’s Perspective
Oracle Project Billing
Oracle Project Billing enables enterprises to simplify customer invoicing, streamline corporate cash flow, and measure the profitability of contract projects. Using configurable accounting rules, Oracle Project Billing extends Oracle Project Costing functionality by processing actual costs, creating corresponding accounting entries for revenue accrual to satisfy corporate finance requirements, and creating customer invoices for project work.
Key features of Oracle Project Billing – Customer’s Perspective
Oracle Project Resource Management
Oracle Project Resource Management manages human resource deployment and capacity for project work. It enables efficient coordination of project resource needs, profitability, and organization utilization through the location and deployment of qualified resources to projects across the enterprise. Oracle Project Resource Management empowers key project stakeholders--such as project managers, resource managers, and staffing managers to make better use of their single most critical asset: their people.
Key features of Oracle Project Resource Management – Customer’s Perspective
Oracle Project Collaboration
Oracle Project Collaboration assists members of global or virtual project teams in the ongoing effort to review and complete project tasks by enabling them to collaborate and communicate with ease. Project teams can also include people from inside and outside an enterprise each requiring personalized access to project information.
Key features of Oracle Project Collaboration – Customer’s Perspective
Oracle Daily Business Intelligence for Projects
Oracle Daily Business Intelligence for Projects delivers aggregate and detail information about the projects in an enterprise directly to the people who need it. Executive managers can use Oracle Daily Business Intelligence for Projects to review information summaries in both graphic and tabular formats and drill down to specific projects and tasks as necessary. It is a comprehensive reporting solution that provides cross-project visibility to opportunity bookings, resource utilization, and profitability and activity analysis. Utilizing secure, role-based portals, it provides daily summaries of key metrics including revenue, cost, margin, bookings, backlog, and utilization.
Key features of Oracle Project Collaboration – Customer’s Perspective
Oracle Project Portfolio Analysis
Oracle Project Portfolio Analysis leverages the rich project management functionality of Oracle Projects to facilitate evaluation and collection of projects in a portfolio. It uses financial criteria, strategic goals, and information on available funds to help you evaluate, prioritize, and select the right projects to match your business objectives. Project Portfolio Analysis provides graphic charts to compare and rank new and continuing projects. You can also create and compare multiple what-if scenarios to understand the impact of changes to projects and finances.
Key features of Oracle Project Collaboration – Customer’s Perspective
Our Differentiator
GTS Consultants are highly skilled in the Oracle Applications Environment, and have the Project Management and Oracle Projects Implementation experience and their expertise spans a variety of cross-functional engagements across a broad range of industries such as Engineering & Construction, Service, Real Estate, Oil & Gas etc.
