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Experts in Oracle solutions improves existing Cloud PPM implementation to enable seamless access to project financial data for all project teams.
This transportation mobility provider had been using Oracle E-Business Suite (EBS) Applications since 2005. In 2018, the company deployed Oracle Fusion Cloud ERP to run business operations. The Cloud PPM module implementations aided the finance and accounting user community but left operational and project managers to rely on excel spreadsheets, email approvals, and data extracts from Cloud ERP to manage their respective projects; all of which was provided to them by the accounting department.
All data in the company's Cloud PPM modules was entered second or thirdhand, thereby leading to manual errors that resulted in projects being mismanaged and additional identified opportunities being lost.
The transportation mobility provider met with Project Partners at Oracle's OpenWorld conference and was tasked with:
- reviewing the company's original Oracle implementation.
- provide a solution design that would allow project and operational managers firsthand access to the application and information needed to better manage their projects and business.
Project Partners' solution architects performed a two-week assessment of this transportation mobility provider's existing Oracle Cloud PPM implementation. After thorough consideration, a comprehensive solution design outline was developed to establish a seamless flow from opportunity (in custom CRM) to project close (in Cloud PPM). This transportation mobility provider was convinced of the proposed solution enhancements and modifications, and contracted Project Partners to implement the solution.
The implementation was a success, enabling project operations managers to completely manage project financials within Oracle Cloud PPM:
- Sales representatives, project managers, and operation managers can easily access all data at the source.
- An integrated process flow from CRM to Project in Cloud PPM was created.
- Workflow approvals for all major proposal, planning, and execution processes were automated, including pursuit budget approval, estimates, contract approvals, project approvals, project budget approvals, and project financial forecast approvals.
- All operations users are now in the application and all data is visible including Audits of all approvals.
- Revenue recognition and reporting is simplified, using standard and custom OTBI reports for all users.
- Management has full visibility into all aspects of operations and key projects.