Experts in project-driven organizations upgrades Oracle Projects & provides unique customizations, reduces close cycle time from 51 hours down to 6 hours.

Challenge:

Parexel, a leading clinical research organization, was live on Oracle Projects 12.0.6 and had implemented customizations to support their business processes. As a result, their month-end process took as long as 51 hours to complete. Parexel decided to upgrade to 12.2.4 and wanted to review the company's current practices against the new functionality and features offered by the upgrade.

Solution:

Project Partners performed a full-service Project Application and Process Assessment. Several recommendations were made for the desired Oracle Projects upgrade and were prioritized based upon Parexel's business needs. The company agreed with the recommendations provided by Project Partners and decided to move forward with the implementation and customizations.

Outcome:

  • Successfully upgraded Oracle Projects from 12.0.6 to 12.2.4
  • Reduced the close cycle from 51 hours to 6
  • Billing and revenue processes are more efficient and accurate