IPE Global Case Study

Prudence Customer
IPE Global Limited:
HQ
Defence Colony, New Delhi – 110024

Website
http://ipeglobal.com/
Key Measures
850 + Projects Delivered
800 + Workforce
100+Countries-Projects Implemented
1000 + Empaneled Consultants
4 Group of Companies

Industry
Development Sector, Professional
Services

Solution & Module:

  • Oracle EBS
  • Oracle Financials
  • Oracle Procurement
  • Oracle Billing
  • Oracle Project Costing
  • Oracle Expense
  • Oracle Time & Labor Management

About Oracle:

Oracle is world leading software and database company into Banking, Telecom & Projects industry.

About Prudence Technology:

Prudence Technology is a premium consulting firm and is Gold Partner of Oracle and Microsoft Solutions that cut across different industries through a consultative approach.



Keywords:

Oracle EBS, Enterprise Business Suite, Project Account,35AC, 80G, FCRA, Subledger Accounting, Inventory Software, Grant Management, Donation, performance management, talent acquisition, planning & budgeting, Development Sector, NGO, Project Industry, Project Profitability, FCRA, Donor, Single Donor, Multiple Donor, Book Keeping Reporting, Grant Management, Compliance, Project Accounting, Consolidation, Reconciliation, Project Grant, Sun Grants, Project Task, Performance Management, Talent Acquisition, Project Expense, Planning & Budgets, Fund Utilization, SAP, .Net, SharePoint, IoT, AI, ML

ORACLE HELPS IPE GLOBAL IN MANAGING PROJECTS & UTILIZATION OF RESOURCES

Why They Choose Oracle EBS:

IPE Global is an International Development Consultancy Group providing expert consultancy for equitable development and sustainable growth for developing countries.Being a consultancy to desired to manage its various contracts, time allocated by in house resources and consultants, cost incurred on each assignment since its inception, tracking and controlling of cost on each task of the assignment and on each resource deployed on the project, Requirement was primarily due to:

  • Create Accountability of assignment (project) to the team delegated,
  • Schedule for the bills to be raised during the course of the assignment,
  • Billing on the basis of time allocated by the resources,
  • Statement of Expenditure for each assignment to capture cost incurred since its inception,
  • To assess the profitability assignment wise and region-wise of its operations in India.

Oracle helped the organization in managing its business via controlling cost and managing its receivables for
various assignments.

Challenges

  • Project Management
  • Project Expense incurrence in designated expense heads only
  • Managing Foreign Remittances
  • Periodic Statutory Reports & Date specific Compliances
  • Billable Cost, Non-Billable Cost by Business Unit
  • Project wise Profitability
  • Debtor Analysis & Order book for Business Continuity
  • EMD & BG Status Project Wise

Advantage

  • Maintenance and Tracking of Project Data
  • Project/Task based Cost Allocation Feasible
  • Approval hierarchy can be project based
  • Effective Resource time management
  • Transaction Control in Project can restrict expense incurrence in a project
  • Project Time based billing
  • Project Budgetary Control
  • Compliance to Statutory Requirements
  • Notifications/Alerts and Email Integration Auto Reconciliations
Incorporated in 2010 in New Delhi, Prudence Technology is now having a global footprint in USA, EMEA & APAC works on the philosophy of “CAS (Customer Acquisition & Satisfaction)”. Prudence helps organizations to choose and implement business solutions like ERP, Business Intelligence, CRM, and Human Capital Management on cloud or on premise.




For more information, please write to us at marketing@prudencesoftech.com



Prudence Technology | New Delhi | California | Middlesex |Johannesburg | www.prudencesoftech.com