Project Partners Blog


Posts Tagged ‘Oracle Applications’

Providing Our Customers With Better Project Delivery Through Full-Service…

PROJECT APPLICATION | PROCESS ASSESSMENTS

Whether helping you uncover hidden project challenges stemming from your current functional and operational applications/processes to understanding the why and how to migrate to the cloud, our PROJECT APPLICATION/PROCESS ASSESSMENT services give you the rigorous framework you need to achieve success quickly.

We Will Partner With You to Assess Your Project Applications and Background Processes Inside and Out. 

Projects is the link that can penetrate your entire organization and requires careful analysis to maximize efficient operations.  If you are experiencing what appears to be a pain in your organization’s business process and applications, then now is the time to take another look and assess with the experts.

SPECIAL ASSESSMENT OFFER

With Your SIMPLE next steps to obtain Project Partners holistic approach to a full assessment and associated discount offer.

 

ORACLE INSTANTIS ENTERPRISETRACK IS THE SOLUTION

Project Partners is considered the Global Experts in Oracle Instantis EnterpriseTrack — Providing Your Organization full and continuous support from our specialized Instantis practice.

Instantis can improve financial performance and drive operational excellence with a top-down approach to managing, tracking, and reporting on enterprise strategies, projects, portfolios, processes, resources, and results.

Project Partners and Instantis helping you optimize project and resource investments. Working with our customers to provide an Oracle-approved solution to get you live and running on Instantis in 8 to 12 weeks. Oracle Accelerate for IT Portfolio Management With Oracle’s Instantis EnterpriseTrack™ empowers IT to become a strategic business partner in helping drive the growth of their firm.

Consider this competitive alternative that is proven, cost effective, easy to deploy quickly, easy to use and administer, and easy to achieve a compelling ROI.
Accelerate your Project Portfolio Management with Project Partners, Oracle’s preferred partner, providing end-to-end INSTANTIS SERVICE OFFERINGS.

LEARN MORE HERE

Connect With us Today – Schedule a Consultation: Phone: #1.650.712.6203   Email: cfryc@projectp.com

MULTIPLE, LARGE, & COMPLEX PROJECTS CAN LEAD TO MANY CHALLENGES FOR YOUR ORGANIZATION, HINDERING ITS GROWTH.

Growing rapidly and searching to improve operational efficiencies that will allow you to take on more business?

PROJECT PARTNERS ORACLE PRIMAVERA UNIFIER CONSULTING SERVICES

 We have helped many of our customers by providing their organizations a best-in-class cloud-based solution that enables governance across all project phases, from planning and building to operations and maintenance, and seamlessly manages capital projects and facilities of any size, in every vertical market across the globe.

OUR PROVEN STRENGTH.

We are a Primavera Authorized Reseller and are considered by our customers as one of the best in “Unifying“, integrating and tying your data together, even if your organization is running outside of the Oracle footprint.

CHECK OUT OUR SOLUTIONS FEATURES/BENEFITS DEMO

REQUEST A UNIFIER SOLUTION DEMO NOW

 

Project Partners solution experts will help your team assess, innovate, transform, and lead your business with our Primavera Unifier Services.

Experience a whole New Level of Visibility into Progress & Performance of Projects.

Connect With us Today – Schedule a Consultation:
Phone: #1.650.712.6203   Email: cfryc@projectp.com

PROJECT PARTNERS PROUDLY ACHIEVES PLATINUM PARTNER STATUS IN
ORACLE PARTNERNETWORK (OPN)

HALF MOON BAY, Calif., January 16, 2019 – Project Partners, a global leader in optimizing business processes and IT investments within project-driven organizations, today announced that it has achieved Platinum partner status in Oracle PartnerNetwork (OPN).  By attaining Platinum level membership, Oracle has recognized Project Partners for its in-depth expertise and continued excellence in providing services for Oracle applications and technology.

“We are honored to be in the highest level of the OPN Program. With our new designation as a Platinum Partner in the Oracle PartnerNetwork (OPN), Project Partners will continue to strengthen and build upon its 20+ year relationship with Oracle,” said Randy Egger, President/CEO, Project Partners.  Our global team has continually demonstrated deep application expertise and are working to obtain additional certified specializations across Oracle application solutions areas to better serve our project-centric customers.”

The company offers deep industry expertise across key Oracle applications and technologies including the Oracle ERP Cloud, Oracle E-Business Suite, and Oracle Primavera applications.  In addition, we have developed products and solutions to support and augment our customers’ off-the-shelf products.  We are proud to be widely recognized as The Experts in Solutions for Project-Driven Organizations™ and look forward to continuing collaboration, sharing industry experiences and leveraging our Platinum Partner status to enable organizations, partners and Oracle.

With its Platinum status, Project Partners will benefit with the high level of engagement, commitment and resources available to OPN partners.  Platinum members receive dedicated virtual account management support to build joint development plans and help broaden specialization areas and revenue opportunities. Additional benefits include priority placement in the OPN Solutions Catalog, one free application integration validated by Oracle, joint marketing and sales opportunities, discounted training and more. For more information about the benefits of becoming an OPN Platinum level partner, please visit: http://www.oracle.com/us/partnerships/index.htm

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About Project Partners, LLC.

Headquartered in Half Moon Bay, California | Project Partners is the global leader in optimizing business processes and IT investments within project-driven organizations. We are dedicated to helping businesses achieve their goals with smart, effective and scalable Oracle Application solutions that improve processes and deploy technology to maximize project life cycle ROI. Our business process experts understand and support customers with their evolving business models and help them drive productivity to meet the demands of the market and their organization.

Project Partners has a diverse team who is expert in leveraging Oracle’s ERP Cloud, E-Business Suite and Primavera solutions. We have global locations worldwide to support multi-geographical operations and have executed implementations for hundreds of clients who manage tens of thousands of projects, thousands of users, multiple languages and currencies. In addition, we have developed products and solutions to support and augment our customers’ off-the-shelf products.  Project Partners is proud to be widely recognized as The Experts in Solutions for Project-Driven Organizations™.

Project Partners is a proud Oracle Platinum Partner, Oracle Certified Education provider and authorized Reseller of Primavera and Oracle Cloud PPM, and Cloud Financials.  We hold an Oracle Cloud Standard certification, with specializations in Oracle® E-Business Suite™ with Projects, Primavera and Oracle Validated Integration’s in EBS.

For more information, visit: http://www.projectp.com/

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About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud.

To find out more visit: http://www.oracle.com/partners

 

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Author: Wendy Lamar | Managing Principal Consultant | Project Partners
Oracle E-Business Suite R12 Project Certified Implementation Specialist


Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, and Managing Project Costs).

WHY CAPITAL PROJECTS? – WEBINAR REGISTRATION INFORMATION

CLICK TO REGISTER HERE for our FINAL PART (3) of the three (3) part series as we explore how Project Partners has addressed the pain associated with AFE’s and the manual efforts.  We will showcase how we’ve developed an easy to use Authorization for Expenditure solution that extends the functionality of Oracle EBS Projects applications and walk you through the solution focused around project costing to your specific business requirements, robust functionality, and use of authorizations for expenditures to further efficiency gains and extensive return on investments.

MISSED PART 2?  Don’t Worry…CLICK HERE to get a downloadable recording so you will be up-to-speed!   

Have Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, and ensure you have associated playbacks. We look forward to your attendance, and will set up a call to fully understand your needs, and offer next steps around a Project Financials cost-effective solution that best fits your organization.

P: #1.650.712.6203 Email: cfryc@projectp.com

Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, and Managing Project Costs).

WHY CAPITAL PROJECTS? – WEBINAR REGISTRATION

CLICK TO REGISTER HERE for PART 2 of the three (3) part series as we explore the WHY and HOW to leverage EBS Project Financials for Capital Projects. We’ll walk you through the solution focused around project costing to your specific business requirements, robust functionality, and use of authorizations for expenditures to further efficiency gains and extensive return on investments.

MISSED PART 1?  Don’t Worry…CLICK HERE to get a downloadable recording so you will be up-to-speed!   

Have Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, and ensure you have associated playbacks. We look forward to your attendance, and will set up a call to fully understand your needs, and offer next steps around a Project Financials cost-effective solution that best fits your organization.

P: #1.650.712.6203 Email: cfryc@projectp.com

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Our prebuilt, configurable Microsoft® Excel workbook to submit, control and monitor all
scheduled processes and reports for Oracle ERP Cloud.

Helping hundreds of customers just like “Franny” to efficiently manage scheduled processes and reports in Oracle Cloud. The Cloud Process Scheduler is a unique process and report scheduler workbook available to the enterprise from Operations and Finance to HR and Sales, empowering these teams and enabling any user to:

  • Define scheduled processes and reports that need to be run periodically
  • Setup fixed and variable parameters for each process and update variable parameter dates quickly.
  • No need to remember parameters or the order in which processes need to run thereafter, it does it automatically
  • Setup process dependencies to enable efficient workflows.
  • Do not need to wait for system response time navigating the Oracle Cloud screens / fields.
  • Easier data entry when processing multiple Operating Units.
  • Start the entire set of processes with 1-click. Reducing the number of keystroke by 100%.
  • Organize work into a group of activities and then process it as a unit.
  • Monitor the status of each process in the set as it completes, while you are easily completing other work.

To learn more about the FEATURES & BENEFITS and get a glimpse into how the Cloud Process Scheduler really works, take a few minutes and view a brief Cloud Project Financials DEMO HERE. We believe that this product will significantly change how you manage your processes and reports in the Cloud and enable you to increase your user productivity.

HOW DOES MY ORGANIZATION GET STARTED?

CLICK HERE NOW FOR OUR SPECIAL THIRTY (30) DAY FREE TRIAL.

Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, demo and next steps.
MORE ON CLOUD PROCESS SCHEDULER

P: #1.650.712.6203 Email: cfryc@projectp.com

 

Providing Our Customers With Better Project Delivery Through Full-Service…
PROJECT APPLICATION & PROCESS ASSESSMENTS

Whether helping you uncover hidden project challenges stemming from your current functional and operational applications/processes to understanding the why and how to migrate to the cloud, our PROJECT APPLICATION/BACKGROUND PROCESSES ASSESSMENT services give you the rigorous framework you need to achieve success quickly.

Will Partner With You to Assess Your Project Applications and Processes Inside and Out.

Projects is the link that can penetrate your entire organization and requires careful analysis to maximize efficient operations. If you are experiencing what appears to be a pain in your organization’s business process and applications, then now is the time to LOOK UNDER THE HOOD.

CLICK HERE

Get started with SIMPLE next steps to obtain Project Partners holistic approach to a full assessment and associated discount offer.

By Neeraj Garg

Continuing from last week’s blog article, new enhancements in Oracle E-Business Suite Projects Applications Release 12.2 allow companies to address various project costing requirements without the use of extensions. There are three key enhancements:

  1. Total Time Costing
  2. Costing Using HR Rates, and
  3. Costing Using Payroll Actuals.

 

Total Time Costing

This enhancement addresses the need to cost labor transactions using effective rates, and especially to encompass exempt employees who do not get paid for overtime work. Like Standard Costing, this enhancement works with standard rates. However, it computes an effective rate for costing labor transactions based on total time charged for a period and the base hours for that period.

There are three new setup elements that are needed to enable Total Time Costing:

  1. Effective period (typically, this will be “weekly”)
  2. Base hours
  3. Enabling Total Time Accounting – new Costing Method for Labor Costing

With these three elements enabled, the effective rate used for costing labor transactions is now computed using the following three-step formula:

                 I.          Base Hours/Charged Hours * Derived Rate = Effective Rate
                II.          Effective Rate * Charged Hours = Raw Cost (Labor)
               III.          Labor Raw Cost * (1 + Burden Multiplier) = Total Burdened Cost (Labor)

In addition, if Total Time Costing is enabled and a new or adjusted transaction is introduced for a person for a previously costed period, the solution does not re-cost all transactions in that previous period. That is, it leaves them at the old rate rather than applying the new rate that was derived using the new total charged hours.

Overall, this enhancement allows users to accurately cost labor for exempt employees. It also allows organizations to meets federal contracting rules for exempt employees, as spelled out in the DCAA Contract Audit Manual, Section 9.

Costing Using HR Rates

This enhancement enables organizations that hold employee rate information in Oracle HR to directly use these rates for project labor costing. This feature is enabled by setting Rate Source in Oracle Projects to “HR” in the costing rule allocation. Rates are then retrieved from the Oracle HR rate matrix using “Rate by Criteria.”

There are many standard criteria available for setting up matrix rates in Oracle HR. Users can also add custom criteria to the rate matrix; these criteria can even call for rates at the project and task levels, if that degree of granularity is needed. Typically, the most commonly used criteria in a matrix are “job,” “location,” and “work type.” A new Project Timecard Template in Oracle Time and Labor has been seeded with these three attributes.

HR rates may also be enabled for use in planning when companies need to compute labor costs in budgets and forecasts.

This enhancement can also play a role in compliance. For example, many companies will benefit from the fact that it enables support for the Davis-Bacon Act in the U.S., which requires companies to pay minimum prevailing wage rates for construction work done at a given location. Also, because the HR rates used in calculations are the actual rates paid to employees, it is very important that labor-cost information security be carefully considered and implemented prior to enabling this enhancement.

In the next blog article we will discuss Costing using Payroll Actuals.