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PS Advantage

SAP Project Systems (SAP PS) allows companies to manage projects throughout their entire lifecycle from planning to completion. It offers tight integration with other SAP modules like Finance, Logistics, and Human Resources. This integration allows project data to be easily accessible across departments and ensures transactions are recorded in real-time. SAP PS also provides features for project billing, cash flow monitoring, reporting, and integrating with other external systems. Implementing SAP PS can help companies better plan, execute, and account for projects as part of their standard business processes.

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138 views

PS Advantage

SAP Project Systems (SAP PS) allows companies to manage projects throughout their entire lifecycle from planning to completion. It offers tight integration with other SAP modules like Finance, Logistics, and Human Resources. This integration allows project data to be easily accessible across departments and ensures transactions are recorded in real-time. SAP PS also provides features for project billing, cash flow monitoring, reporting, and integrating with other external systems. Implementing SAP PS can help companies better plan, execute, and account for projects as part of their standard business processes.

Uploaded by

AVINASH
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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SophLogic

Advantages of Implementing the SAP PS (Project Systems) Module


Projects are part of the internal processes of most companies; all companies have them. They can
include externally financed projects, customer-facing projects, overhead cost projects or capital
investment projects.
One thing these projects have in common is that they require planning. There are countless detailed
activities, and all of those activities require a high level of planning. And in most cases, a project manager
will be involved; someone who has the job to ensure that the project is completed on time and within
budget.
SAP Project Systems (SAP PS) is part of SAPs solution for project management. It is one of the most
stable of the SAP modules, and helps companies manage a project through its entire life cycle from
setting up structure, to creating detailed plans and defining activities, all the way through allocating
resources, executing and completing the project, and reporting on various components. It does not get a
lot of press, but it does have a surprising amount of staying power.
This system is extremely flexible, which makes its use fairly common among companies that already
operate with SAP.
The biggest benefit of SAP PS is its tight integration with SAPs financial and logistics modules (including
SD, MM, PM, FI, AM, CO and PP). With the high degree of integration between the Project System (PS)
and other R/3 application components (in particular FI/CO modules, since FI/CO is broadly used on
projects) you can plan, execute, and account for projects as part of your normal procedures and
processes. This means the Project System has constant access to data in all the departments involved in
the project.
Besides its tight integration with other SAP modules, the SAP Project Systems has some key benefits.
These include:
Real-time integration of Enterprise transactions related to materials, costs and resources.
Range of features that add value to many imbedded business processes, including BOM-PS
interface, cross-application time-sheets (CATS) and BOM-PS interface.
Billing procedures and fulfillment of various accounting requirements
Cash flow monitoring
Project performance reporting, including the ability to drill down to the lowest level of
transactions
High level of data integrity and compliance to many corporate security policies
Imbedded standardized tasks
Easy integration with other systems

When youre ready to implement SAP PS, call SophLogic. We can provide you with the SAP
implementation specialists who have the knowledge and the industry experience to efficiently and
effectively implement SAP PS. Contact us today!

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