J-I Costing and Billing Features and Functions
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Joint Interest Portfolio Management
Joint Venture project portfolio management (PPM) organizes a series of projects across business lines into a single portfolio consisting of reports that capture project objectives, costs, timelines, accomplishments, resources, risks, and other critical factors. Executives can then regularly review entire portfolios, spread resources appropriately, and adjust projects to produce the highest departmental returns.
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Shared Project Planning Tools
Project management is a methodical approach to planning and guiding project processes from start to finish. According to the Project Management Institute, the processes are guided through five stages: initiation, planning, executing, controling, and closing. Project management can be applied to almost any type of project, and is widely used to control the complex processes of software development projects.
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Shared Project Management
Numerous best-of-breed professional services automation (PSA)and project portfolio management (PPM) vendors' solutions integrate with third party project management systems, customer relationship management (CRM), and back-office systems to provide their clients with complete PSA functionality for organizations. CHECK TECHNOLOGY ARCHITECTURE and CROSS_APPLICATION factors
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Shared Integration
Numerous best-of-breed professional services automation (PSA)and project portfolio management (PPM) vendors' solutions integrate with third party project management systems, customer relationship management (CRM), and back-office systems to provide their clients with complete PSA functionality for organizations. Just as the agreements may vary, so will the financial accounting and project data communication requirements. The scope and type of communication between systems of the interest parties are referred to as Partner-System categories
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Shared Project Accounting
Just as the agreements may vary, so will the financial accounting and project data communication requirements. The scope and type of communication between systems of the interest parties are referred to as Partner-System categories Project accounting uses financial practices to monitor the schedules and spending of projects.
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Shared System project costing and billing
Financial management systems in a professional services automation (PSA) solution automate the tracking and submission of project budgets, costs, and assets. In addition, it provides the capability to track multiple billable details and generate customized invoices.
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Shared Specialized Project Costing and Billing Requirements
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Oil and Gas Joint Interest related functionality Features and Functions
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