EcoSys Financial Manager - Project Cost Management

EcoSys Financial Manager is web-based Enterprise Project Cost Management Software which provides the flexibility of Excel-like spreadsheets, but the power and control of a web-based enterprise database application. This allows for standardization of processes and reporting across an organization in a secure, multi-user environment, and provides a full audit trail. EcoSys' Enterprise Project Cost Management Software integrates seamlessly off-the-shelf with project scheduling systems such as Primavera P6 and Microsoft Project, and integrates with corporate financial systems such as Oracle, SAP, and JD Edwards.

Perform Project Cost Management by Program, Project, Phase, or Activity. Define forecasts by financial category, labor/equipment, and time period in any currency. Maintain forecast curves for costs, commitments, payments, and revenue.	Click to Enlarge
Compare versions of project costs and view trends. Maintain unlimited versions of costs forecasts, including standardized snapshots at regular period intervals.	Click to Enlarge
Easily enter project costs via a user-friendly web spreadsheet. Time-varying and total costs are maintained in web spreadsheets. Add memos, notes, purchasing details, and any other supplementary information. Ease-of-use encourages rapid user adoption.
Monitor and report on performance. Monitor performance of projects against budgets, forecasts and actuals. Perform Earned Value analysis. View trends and highlight problem areas.
Perform change management. Manage project change process. Associate proposed and approved changes with incremental budget requests & approvals, forecasts and actuals.
Consolidate forecasts and actuals from multiple sources. Integrate with Enterprise Project Management / Project Portfolio Management and Timesheet systems to capture true bottom-up forecasts reflecting the latest project information. Also integrate with ERP and GL systems to incorporate actual expenditures.
Perform funds management and top-down budgeting. Allocate external funds or organizational funds to programs, projects, and operations by fiscal period and category of fund.
Perform Earned Value Management (EVM) Provide integrated cost and schedule performance management, reporting and analysis. Earned Value Management (EVM) processes can be established to fulfill internal performance management purposes and to meet ANSI 748 industry standards and guidelines.
Support governance and audit requirements Comply with American Reinvestment and Recovery Act (ARRA) Recovery.gov submissions, ANSI 748 Earned Value Management (EVM) guidelines, and Sarbanes-Oxley requirements. EcoSys FM provides complete visibility into project performance, and a full audit trail is captured for all financial changes, along with support for integrated notes, memos, and additionally required/optional information.

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