Project Financial Management Cloud

Milletech’s services in deployment of Project Financial Management Cloud solution encompasses a portfolio of strategies that can improve project cost control processes while leveraging proven methodology designed with flexibility to meet organization’s needs. Our core competencies around Project Financial Management Cloud include business process analysis, full lifecycle project implementation, systems integration and development. Our relationship with customer does not end after a successful implementation; we also provide on-going support and personnel training to ensure customer success.
Project Financial Management Cloud Practice by Milletech Systems

Project Cost Control

Project Control
Simplify project planning, budgeting, and forecasting

Project Costing
Standardize, streamline, and control all project costs

Cost Capture
Capture from procurement, financials, time and labor, or external systems

Capital Projects
Manage capital asset costs

Project Billing and Contracts

Customer Invoicing
Bill project customers rapidly and efficiently

Contract Billing
Comply with project contract terms and conditions

Flexibility
Leverage powerful project-contract relationships

Project Revenue
Streamline project contract revenue recognition

Grants Management

Award Management
Proactively manage awards from funding to closeout

Spending Control
Control cost charges and prevent budget overspend

Indirect Costs
Automatically apply and report on indirect costs

Grants Billing
Invoice sponsors or draw down letters of credit

Analytics

Performance
Stay up-to-date with actionable insight into project performance trends

Real-Time Reporting
Access live project data with intuitive business-user tools

Interactive Dashboards
Promote collaboration with role-based dashboards

Embedded Insight
Guide user decisions with contextual business intelligence

Project Financial Management Cloud – Data Sheet

Oracle Project Portfolio Management Cloud is a complete and integrated solution which dramatically improves the way project-driven organizations work, enabling efficient and effective project management while ensuring smarter business decisions based on a single source of project truth.

Oracle Project Financials Cloud lets project-centric businesses stay informed and in control with modern, enterprise-grade solutions that deliver complete and integrated project financial management. With simplified project planning, budgeting and forecasting, and standardized cost capture across the enterprise, you can streamline your project financial planning processes and cut administrative effort with faster project costing.

Oracle Project Contract Billing Cloud delivers a highly flexible approach to project contract-based billing, segregating the planning and execution of project work with a comprehensive, integrated solution providing full control over contract terms, rates and limits including when and how to recognize revenue and generate invoices.

Receiving grant and contract funding in today’s environment requires those that receive funds to have absolute control and visibility into how the funds are used to support their sponsored projects and programs. Whether you are an institution of higher education, a government agency, or a non-profit organization, the proper management of your grants is essential to ensuring the continuation of this important revenue stream.

Oracle Budgetary Control and Encumbrance Accounting is a complete and integrated solution with advanced budget preparation, proactive control and monitoring of budget consumption, and robust inquiry and reporting. It enables public sector, higher education, and commercial organizations to define and manage budgets and spending with better visibility into commitments, obligations, and expenditures and comply with legal reporting requirements.