With nearly all enterprise implementations of Primavera P6 that we encounter at Ten Six Consulting, organizations have a requirement to integrate Primavera P6 with other enterprise systems. These include HR, ERP, Finance and Accounting systems, Manufacturing, etc. Here we are taking a look at the different roles both systems perform when integrating Primavera P6 with Financial systems.
It’s worth understanding some of the differences between these two systems. Conceptually, a finance system collects and reports on financial information from the past and while Primavera P6 needs that information to track project progress, it also forecasts and looks forward. In the confusion of not understanding each others role clearly enough and how they should work together, some organizations attempt to justify one over the other when the reality is that they are both very symbiotic. When integrated in the right way, the sum of the two is far greater than it’s individual parts and both are essential in a project based organization.
Below is a table showing the typical roles and focus of Primavera P6 and Financial systems.
Understanding the different roles these two systems perform and the benefits of the combined system gives organizations the best of both worlds. Without each other, cost, schedule and technical performance information is not collected, analyzed and reported to give a complete view of project health.
Many organizations place considerable emphasis on the technical aspects of integrating Primavera P6 with their financial systems. While this is important, understanding the roles of each system and how they should integrate to support your business is vital to a successful implementation.
Ten Six has considerable experience integrating Primavera P6 and financial systems, so call today to learn how we can help your integration project.