Project Partners Tailors Enterprise Project
Management Applications to
Fit
Government Contracting Firms
Without Customization
Our in-depth knowledge of the world's leading Enterprise Project Management
software enables Project Partners consultants to tailor and extend our customers' systems to a
perfect fit, avoiding customizations whenever possible.
For our Oracle Applications customers we expertly leverage the Client
Extensions technology: supported, pre-defined user exit points. The result
is perfect-fit software with code that is preserved upon upgrade. This is a
clear advantage over customizations that can break every time a patch is
installed.
Take a look at some of the industry-specific extensions below to get an idea
of what we can do for you.
Bill when Paid – This extension was developed to meet a requirement to bill the customer for supplier
costs only once they have been paid. The Billing Extension solves this
requirement by putting expenditure items on hold that have not been paid by
checking the payment status in Oracle Payables. Once the item has been paid the
extension removes the billing hold.
Cost Plus Fixed Fee – Cost Plus Fixed Fee is a method of billing
common in the Aerospace, Defense and Government Contracting industries. The fee
portion of the invoice is generally based on a percentage of cost. Capturing the
fee percentage and the eligibility for the timing of the fee billing are some of
the requirements involved in CPFF billing. Another is Retainage. Typically a
percentage of the fee is not billable until the contract and all post-contract
audits are completed. A Billing Extension is used with other components to handle all aspects of
the CPFF requirements including Fee Calculation and Retainage handling.
Progress Billing – Another method of billing common in the Aerospace &
Defense industries is Progress Billing. It is fundamentally designed to
reimburse contractors for a portion of their incurred costs prior to the
delivery of the goods or services being contracted for. Some of common
requirements of Progress Billing may be:
- Withhold billing on items that have not yet been paid for. (i.e.,
Payables status).
- Liquidation of progress billed amounts for DD250 invoices when the
product is delivered.
A Billing Extension is used to handle the calculation of the Progress
Billing amount less withholds and to handle the creation of liquidation events
for DD250 invoices.
Labor Costing using Actual Labor Rates – This extension was developed
to meet a requirement to
calculate actual labor cost by employee using salary information from Oracle
Human Resources. During Labor Distribution the costing extension retrieves the
actual base salary information for the employee and determines the base labor
rate per hour as (Weekly Salary / Total Hours). This enabled our client to
better meet DCAA requirements for their government contracts. Without this
extension one would need to maintain actual labor rates by employee in the Oracle
Projects labor rate detail screen. In addition, the extension is able to
calculate the actual labor rate per hour even as total hours per week change for
exempt personnel. For example, a $1000/wk exempt salaried employee may work 40
hours one week and 45 hours the next week. This labor costing extension will
cost 40 hours X 25 = $1000 for week one and 45 hours X 22.2222 = $1000 for week
two.
Contact us to learn how we can help you:
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