Microsoft EPM Financial Management
Key challenges that organizations face when trying to improve their financial management processes include the following:
- Standardizing cost and benefit estimates.
- Project accounting and change management.
- Financial visibility and insights.
- Integration with LOB systems.
The Microsoft EPM Solution helps organizations meet these challenges by providing comprehensive financial management capabilities throughout the life cycle of a project, from capturing cost and benefit estimates in a business case, through effectively tracking costs during project execution. Project Server 2010 is flexible and extensible, which helps to ensure that the toolset can be configured to meet an organization’s specific needs. PMOs can use custom fields to standardize the collection of cost data or take advantage of Excel 2010 Web App or InfoPath Forms Services to embed powerful financial estimate Web parts within the Project Server 2010 business case infrastructure. Budget and cost resources help managers effectively track project financials and manage change throughout the project life cycle.