oracle project accounting and contracts
TRANSCRIPT
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Oracle Project Accounting/ContractsPresentation
Integration Overview
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2
What does OKE stand for?
OKE is an acronym for Oracle Project Contracts
OOracle
K Contracts (legal abbreiation for!
E Engineer to Order
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"
OKE Project #co$e
Defining, implementing, and training employees on standard processes and technology for
integrated contract execution and management
Converting active contract data Converting contract data related to active Construction projects from legacy system and Oracle
Purchasing to O! "# Construction Projects$
%canning those contracts and related documents and saving them to Documentum
ContractE%ecution
&usiness'ocument
anagement
ContractChange
anagement
)e*uisition/Purchase
OrderProject
Closeout
)e$orting and Analysis
Processes+ ,echnology+
Project
Contracts
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What is OKE?
& repository for contract financials and reporting information
& structure for executing and managing contracts and their related documents "e'g' letters of intent, (usiness documents, and change orders$
& tool to lin) to contracts and (usiness documents in Documentum
& tool for contract creation**you cannot print out your final contract from O!
+enerating additional wor)
Intuitive**it will ta)e some practice to get used to its functionality
OKE is...
OKE is not...
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&enefits
Consistent contract processes and technology
&utomated reminders to facilitate contract compliance
%ingle data entry point for contract information
One version of the truth
eal*time access to comprehensive contract data in a single contract
repository
!nhanced reporting capa(ilities
Compliance with %ar(anes*Oxley &ct
Intensive use of Oracle -or)flow for approval authori.ations
0o1 1ill you benefit from OKE?
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&ac3ground
%ystems view
04
Po1erPlantAsset
anagement
&id odels inE%cel
#$readsheets
Oracle Project
Accounting
/udget
&ctuals
&ctuals at thecompany level,Consolidated
forecast
0nconsolidatedforecast, /udget
Oracle 5eneral6edger
&ctuals
C-IP forconstruction Projects
Commitments
Oracle Project
Contracts
1orecast
23rends2
Capitali.ed Interest
Oracle
AccountsPayable
a%imo&ctuals
0y$erion
Planning
0nposted Invoices4 &ctuals &ctuals
&ctuals at companylevel
Payroll
OraclePurchasing
Depreciation, &dditions,etirements, 4 Capitali.ed
interest
Invoices
&ctuals
&ctuals
PurchaseOrders
Commitments 4&ctuals
1ixed asset (alances,depreciation 4 C-IPfor non*constr' capital
projects
E'W
eporting
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0igh8leel E%ecution/anagement Process
&usiness'ocument
anagement
Changeanagement
Project
Closeout
)e$orting and Analysis
Contract
E%ecution
)e*uisition/
PurchaseOrder
Contract !xecution
!nter letter of intent and contractinformation in O!
0tili.e approval wor)flows &ccess contract documents via
Documentum
/usiness Document 5anagement %end and receive (usiness documents
!nter (usiness document information in O!
&ccess (usiness documents in Documentum
e6uisition7Purchase Order Initiate re6uisitions via O! Import and autocreate re6uisitions into
POs in Oracle Purchasing
Change 5anagement !nter trends, internal contract adjustments,
and change orders
Project Closeout Closing contracts and the project
eporting and &nalysis
In6uire on contract data un contract reports
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:ntegration Points of OKE 1ith Other #ystems
Oracle ProjectContracts
Oracle ProjectContracts
Oracle ProjectAccounting
'ocumentum
OraclePurchasing
,rends )e*uisitions
'ocument :mages
Commitments
OracleAccountsPayable
Actuals
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What is a Project?
& Project is a (ody of wor) to which costs are charged andtrac)ed
& Project can (e made up of one or many tas)s, which identify
the specific (rea)down of the project wor) 3he hierarchy of tas)s is called the -or) /rea)down %tructure "-/%$
ProjectProject
3as) 83as) 8 3as) 93as) 9
3as) 8'83as) 8'8 3as) 8'93as) 8'9 3as) 9'83as) 9'8 3as) 9'93as) 9'9
Codingha$$ens at
the lo1estleel tas3
only
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=2
Concrete
Construction,em$late
,as3s
=2=====&oilerhouse 0)#5
#labs
===0ome Office
Administratie
Charges
=
:m$roement
=2=Po1erhouse Concrete
=2="===,urbine / 5enerator
E*ui$ment 4oundation
=2=-===isc. Po1erhouse
E*ui$ment
4oundations
#ub8,as3s
6o1est6eel#ub8,as3s
for =2=
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E*ui$ment Construction
4inance,as3s
O$erations >aintenance
,as3s
E*ui$ment,as3s
Construction,as3s
(Cost Codes!
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