Budget Deviation and Financial Management

Reduce budget overspend and underspend. Improve forecasting accuracy.

Cora’s Financial Management features offer a comprehensive suite of functions to allow you increase control and visibility levels on your project portfolio financials. The budget management process can be facilitated through Cora. Actual and committed data can be imported from your organisations ERP. Accurate project forecast, at project and task level can be maintained within the solution.

Combining our Cora software and experienced Professional Services teams enables organisations to deliver real-time, holistic project governance, control and visibility across all projects throughout the entire organisation. The Cora suite of modules are highly configurable for each client’s specific business processes. The system is intuitive and has been designed with a focus on the end-user, thereby enabling users to quickly deploy the solution in complex PMO/PPM environments. This in turn helps deliver ROI on implementations in less than 6 months. The system can be configured to deliver dashboards and performance analytics for any member of the project team.

Benefits of Cora PPM

  • Reduce budget devistion – minimise overspend and underspend issues.
  • Improve financial forecasting accuracy.
  • Portfolio management. Eliminate ‘low value’ projects that are not aligned with strategy.
  • Faciliate governance reviews and hold all project business cases in one system.
  • Better decision making supported by business intelligence dashboards.
  • Customizable solution adapts to your methodology and processes.
  • Drive process compliance and enable repeatable project success.
  • Minimize financial, governance and other corporate risk.
  • Maximize your human resources through resource and capacity planning.
  • Full solution design, delivery, change management and support service provided.
  • Mentoring service to support achievement of solution ROI in less than 6 months.
  • Track project time and support R&D tax credit claims.

“A 90% reduction in budget variance”

“Cora PPM has helped us transform the way in which our projects are managed by significantly improving and integrating management information, financial information and standardising the project management process. By the end of our first year, the systems benefits are already being realised with a 90% reduction in year end variances across our capital investment programme. The implementation went far more smoothly than any other software implementation I’ve ever been involved with. I would thoroughly recommend this product.”

Paul Symonds
Assistant Director, Transport and Highways, London Borough of Bromley

Lb_bromley

Request a Demo

If you’d like to see how Cora can help transform your organization we would be happy to arrange a personalized demo. Simply fill in this form:

Devices 570

Read our Privacy Statement here