Financial Management, Visibility and Control with Primavera EcoSys Christen Bergerud EcoSys Financia

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Financial Management, Visibility and Control with
Primavera EcoSysChristen BergerudEcoSys
Financial Manager
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Agenda

• Company Overview
• Solution Overview
• Value Proposition
• Target Markets
• Customer Success Story

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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

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Solution Overview

• Whats the secret of a successful Primavera
  implementation?

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Solution Overview

• Whats the secret of a successful Primavera
  implementation?
• User Adoption

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Solution Overview

• Whats the secret of a successful Primavera
  implementation?
• User Adoption
• Requires good implementation strategy (good
  design, phased rollouts, quality training,
  support, and oversight)

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Solution Overview

• Whats the secret of a successful Primavera
  implementation?
• User Adoption
• Requires good implementation strategy (good
  design, phased rollouts, quality training,
  support, and oversight)
• Success virtually assured when Primavera becomes
  highly relevant to senior management

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Solution Overview

• Whats the secret of a successful Primavera
  implementation?
• User Adoption
• Requires good implementation strategy (good
  design, phased rollouts, quality training,
  support, and oversight)
• 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

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Solution Overview

• Financial Manager integrates Primavera into core
  financial processes

Justify Departmental Budget Based upon Projects
and Operations
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Solution Overview

• Financial Manager integrates Primavera into core
  financial processes

which are aligned to strategic spending targets
Justify Departmental Budget Based upon Projects
and Operations
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Solution Overview

• Financial Manager provides total financial
  visibility

Drill down from division to project, to account,
to transaction
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Solution Overview

• Primavera provides world-class
• Scheduling
• Resource Management
• Contract Management
• Portfolio Management

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Solution Overview

• Primavera provides world-class
• Scheduling
• Resource Management
• Contract Management
• Portfolio Management
• Not optimized for
• Financial Management

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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.

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Solution Overview

• The Language of Finance
• Ah, so a 2 decrease in capitalized internal
  labor in October?

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Solution Overview
Integrating Corporate Finance and Planning
Processes with Project Management
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Solution Overview

• Runs on any browser
• Oracle / SQL Server Database
• Fully integrated with Primavera through API all
  costs and units import from Primavera

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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

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Value Proposition

• Drive budgeting and strategic planning from
  projects and initiatives
• Integrated project cost management
• Budgeting/funding
• Forecasting
• Performance Reporting
• Financial Visibility
• Financial Controls

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Value Proposition

• 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)

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Target Markets
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Customer Success Stories
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Customer Success Stories
Budgeting
Fiscal Budgets Driven by Primavera Schedules
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Customer Success Stories
Project Cost Management
Compare Program Costs against Prior Versions
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Customer Success Stories
Financial Reporting
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Customer Success Stories
Financial Controls and Visibility
Fiscal Year Budgeting
Monthly Financial Closeout
Capital and Expense Tracking
Syncs with Primavera Project Codes
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Customer Success Stories
Funds Management
Amtrak Funding
Other Peoples Money
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• THANK YOU