EcoSys - 2008 Prim Aver a Conference Partner Pres

8/3/2019 EcoSys - 2008 Prim Aver a Conference Partner Pres

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Financial Management, Visibility and Controlwith Primavera

EcoSys

Christen BergerudEcoSys Financial Manager





Company Overview

Premier Primavera Technology Partner

EcoSys Financial Manager

Premier Primavera Service Partner

Primavera Implementation Consulting, Training, System Integration

Consulting in Support of Strategic Planning and Execution

Project Portfolio Management/PMO

Long Range Planning / Investment Management

Budgeting/Forecasting Financial Performance Management

Over 160 Customers Globally



Solution Overview

Whats the secret of a successful Primavera

implementation?



Solution Overview


implementation?

U

ser Adoption



Solution Overview


implementation?

U

ser Adoption Requires good implementation strategy (good design, phased

rollouts, quality training, support, and oversight)



Solution Overview


implementation?

U



Success virtually assured when Primavera becomes highly

relevant to senior management



Solution Overview


implementation?

U



Success virtually assured when Primavera becomes highly

relevant to senior management Business decisions driven by project data

Integration with core business processes such as strategic

planning and budgeting

Executive visibility into all projects and operations



Solution Overview

Financial Manager integrates Primavera into core

financial processes

JustifyDepartmentalBudget Basedupon Projects

and Operations



Solution Overview

Financial Manager integrates Primavera into core

financial processes

JustifyDepartmentalBudget Basedupon Projects

and Operations

which are aligned tostrategic spending

targets



Solution Overview

Financial Manager provides total financial visibility

Drill down from divisionto project, to account, to

transaction



Solution Overview

Primavera provides world-class:

Scheduling

Resource Management

Contract Management

Portfolio Management



Solution Overview

Primavera provides world-class:

Scheduling

Resource Management

Contract Management

Portfolio Management

Not optimized for:

Financial Management



Solution Overview

The Language of Scheduling:

After leveling the resources,I realized that wed need

to put a Start on or After

constraint onto the first

activity in that WBS and

apply a resource curve.



Solution Overview

The Language of Finance:

Ah, so a 2% decrease incapitalized internal labor

in October?



Solution Overview

Integrating Corporate Finance and Planning Processeswith Project Management



Solution Overview

Runs on any browser

Oracle / SQ L Server Database

Fully integrated with Primavera through API : all costsand units import from Primavera



Solution Overview

Main users

Executives

Finance, Financial Planning and Analysis, Departmental Finance

Portfolio Managers, Investment Managers, Capital Budgeting Division, Department Managers

Program/Project Managers, Project Cost Analysts

PMOs



Value Pr oposition

Drive budgeting and strategic planning from projects

and initiatives

Integrated project cost management Budgeting/funding

Forecasting

Performance Reporting

Financial Visibility

Financial Controls



Value Pr oposition

Return on Investment

Reduced errors

Government agency under-requested $20MM due to an Excel

spreadsheet error.

Bank underreported IT spending by $18 MM.

Catch project overruns in advance

Global Manufacturer reduces $80MM in capital project

overruns by 4% in first year

Time Savings

Automates financial management processes previously

performed in Excel & MS Access

Expedites financial processes (budgeting, capitalization,

financial closes, regulatory compliance)



Industry Representative Customer

Public

Sector

Utilities

Aerospace/

Defense

Financial

Technology

Target Markets



Customer Success Stories

Customer Business Area Highlights

Capital Programs Annual Budgeting

5 Year Budgeting

Program Cost

Management

Financial Management

integrated with P6

Engineering Division 5 Year Planning

integrated with Primavera

Funds Management

Performance Reporting

IT Project and Core

Operations Financials

Integrated with

Primavera and Oracle

Budgeting and

Forecasting

Capitalization

Financial Controls and

Reporting




Fiscal BudgetsDriven by Primavera

Schedules

Budgeting




Project Cost Management

Compare Program Costsagainst Prior Versions




Financial Reporting




MonthlyFinancialCloseout

Syncs withPrimavera

Project Codes

Fiscal YearBudgeting

Capitaland

ExpenseTracking

Financial Controls and Visibility




A mtrakFunding

OtherPeoplesMoney

Funds Management



THANK YOU

Documents

EcoSys - 2008 Prim Aver a Conference Partner Pres