Integration Provides Single Version of Truth to Help Manage Projects From Both Field and Office
Redwood Shores, Calif. – March 23, 2010
To help bridge the gap between enterprise resource planning (ERP) and construction project management, Oracle has introduced Oracle’s JD Edwards EnterpriseOne Integration to Primavera Contract Management.
A construction project management solution for the engineering and construction and oil and gas industries, as well as other project-oriented organizations, this new pre-built two-way integration between Oracle’s JD Edwards EnterpriseOne and Oracle’s Primavera Contract Management helps deliver end-to-end job costing, enabling organizations to follow best practices for budgeting, subcontract management, change management, issues management and payment expedition.
JD Edwards EnterpriseOne Integration to Primavera Contract Management helps eliminate inconsistency in project-related reporting from financial and project management systems by providing a single source of the truth and eliminating redundant data entry.
Features and Benefits
The JD Edwards EnterpriseOne Integration to Primavera Contract Management helps organizations overcome fragmented processes that lead to lack of business alignment, low predictability in project execution and performance, and inconsistency in business decision-making.
The integration provides the following features:
Change and issue management capabilities help ensure all stakeholders are aware of changes to both projects and purchase orders;
Role-based participation that enables users to use the application that is relevant to their role in the organization and within projects, while information flows freely across applications; and
A global business platform to help organizations standardize and simplify project management.
The integration helps organizations achieve:
Consistency in project-related reporting from financial and project management systems;
Reduced project risks by ensuring all stakeholders are making decisions with the same information;
Alignment between organizational strategy, project execution, and results;
Clear oversight of project costs and financial management;
Governance over project-related decisions; and
A single version of truth about the organization’s projects and subcontracts.
“Change management is key to successful projects and programs,” said Joel Koppelman, senior vice president and general manager, Oracle’s Primavera Global Business Unit. “Oracle’s JD Edwards EnterpriseOne Integration to Primavera Contract Management helps deliver a single version of truth to project-intensive organizations so that all stakeholders are aware of changes to project costs and purchase orders. This enables them to plan, anticipate change both in the field and in the finance department, and eliminate risks that may cause a project to be delayed or come in over budget.”