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Oracle EBS solution experts assess & upgrade system, increases forecasting accuracy & visibility for budgeting while exceeding customization requirements.
Irvine Ranch Water District (IRWD), an independent special district serving Central Orange County, was upgrading their Oracle systems and replacing Oracle Grants with Project Costing, Planning, and Control. To replace outdated cumbersome processes, they needed an expert Oracle partner that would help them meet their custom business requirements - notably to manage and track funding.
Project Partners was selected to perform consulting services via an assessment, upgrade their systems, and develop a custom solution at the project level to track both the improvement district and the fund benefitted by the project. Customizations included multiple time entry rules, patterns of cash account impacts insights, financial plans, and budget approval cycle processes.
- 42% process performance increase
- More than 30% reduction in accounting cycle-times
- 27% increase in forecast accuracy for labor costs by project and task
- Increased visibility into their fiscal year budget resulting in 32% increase of productivity