EcoSys Management is a leader in enterprise project financial management solutions for organizations in both the public and private sector. Founded in 2000 by the original designers of the Primavera enterprise project management suite, EcoSys Management has worked with over 150 organizations to deliver integrated management solutions.
EcoSys Financial Manager™ is a web application adding enterprise budgeting and cost management functionality to Primavera. EcoSys bridges organizational budgeting and financial management with project management, bringing accountability and transparency to the flow of funds, and ensuring that project delivery efforts match financial performance requirements.
Financial Manager contains a repository of all project-related financial transactions and supports the integrated management of funding, budgets, commitments, forecasts, actual costs, and income. Costs can be entered manually, or integrated with Primavera, Microsoft Project, and any financial system such as SAP, Oracle, or PeopleSoft.
Financial Manager’s functionality encompasses three main areas and sets of features:
Planning & Budgeting
- Annual and multi-year budget planning process and revisions
- True top down budgeting: distribute budget by funding hierarchies to programs, projects, contracts, and operations
- Budgeting and forecasting by category (GL Accounts)
- Budgeting and forecasting by Asset, Product, Strategic Initiative, etc
- Phase-based cost management
Actuals & Closeouts
- Financial forecasts and transactions
- Monthly and Yearly Closeouts
- Integration with financial systems (Oracle, SAP, PeopleSoft, GL)
Performance & Auditing
- Performance Measurement (Reports, Graphs)
- Trend Analysis
- Auditing of financial changes
- Reconciliation and accruals
