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Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14 by Stephen D. Kelly

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Chapter 10. Time to Get Paid

Most contractors do not want to run a "not for profit" business even though sometimes it feels that way. Most owners want to be sure and only pay for the value of the work accomplished every month. How do we keep track of all the different areas of work and their progress to properly get paid by the owner and to properly pay the contractors we have working for us? PCM has a module for this process. This is the module that ties all of it together and manages the amount of money that gets deposited in your account.

There are two modules that manage payments on a project: the Payment Requisitions module and the Invoices section of the Contracts module. Each of these modules posts money to the Cost Worksheet on one of two ...

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