A professional services company, employing over 1000 consultants , takes on Fixed Price and T&M projects . This company focuses on software consulting engagements, and deploys full time as well as independent contractors .
The client was unable to manage consultants’ time sheets in an effective manner. The billing to the clients was not performed in a timely manner. Additions of new consultants did not update the Project resources automatically. The users had been doubling the data entry in a number of systems - This led to data issues - Lack of timeliness in data accuracy - Reduced efficiencies Overtime calculations were not performed automatically
Our Solution & Benefits
Oracle Projects Billing , Cost and Time and Labor was implemented , along with Oracle Financials, and HR . Multiple formula were created to handle regular time,double time and overtime calculations Integration from External systems into oracle Time and Labor Clients were invoiced periodically, due to Project Billing integration to AR. Single Employee Master was maintained in Oracle HR. Rapid Development – Reduced implementation time by 25%