Project managers and executives in asset-intensive industries like utilities, oil and gas, or chemicals need up-to-the-minute data on projects, as they usually manage a myriad of capital expenditures for infrastructure upgrades, capital works or capacity expansions. But what happens when an ERP software reimplementation pressures project management processes, reporting and strategy? In this blog, Donna Christie, finance applications and reporting specialist for ActewAGL, shares how a reimplementation of Oracle E-Business Suite (EBS) version R12 from a highly customized R11i version impacted access to Oracle projects data.
When it comes to capital, perhaps the most difficult type for organizations to track, report and forecast is human. Unlike financial capital, employees aren’t just numbers that go up and down. Employees continually shift categories – new hire, promoted, retired, rehired – and have changing attributes – bonuses, raises, benefits, skills, and performance.