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Project Cash flow Reporting  and Forecasting at  Lend Lease Prepared by: Ken Salmon 16 August 2010
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Experience with Oracle applications ,[object Object],[object Object],[object Object],[object Object],[object Object]
Lend Lease A global fully integrated property group ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Numbers as at 31 December 2009 A$5.6 billion Operating revenue A$8.4 billion Funds under management A$9.3 billion Retail assets under management Circa A$4.6 billion Market capitalisation 10,000+ Employees globally
Some of our key projects Shanghai Pavilion, Singapore Trump Tower, US The new Royal Children’s Hospital, VIC Barangaroo South, NSW MidCity, NSW Darling Quarter, NSW Ropes Crossing, NSW Brisbane Supreme Court and District Courts, QLD
Oracle at Lend Lease ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The customer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The business problem ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash flow solution overview
Cash flow process
1) Run extract process ,[object Object],[object Object],[object Object],[object Object],[object Object]
2) Save cost report ,[object Object],[object Object],[object Object],[object Object]
3) Download cost report version to spreadsheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
3) Download cost report version to spreadsheet (cont)
3) Download cost report version to spreadsheet (cont)
4) Update forecast data (spreadsheet demo)
5) Upload forecast spreadsheet ,[object Object],[object Object],[object Object],[object Object]
Issues with the solution ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other possible approaches ,[object Object],[object Object],Natural Account Number Natural Account Desc Cash flow Desc (DFF) 410450 Wages and Salaries Payments to Employees 100010 Sales Receipts from Customers 410475 Telephone Exp Payments to Suppliers 200000 Misc Tools Payments to Suppliers
Other possible approaches (cont) ,[object Object],[object Object],Result should tie back to bank account movement
Other possible approaches (cont) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusion Questions? “ Cash is the oxygen of business, because unless cash is available to pay bills when needed, the business might be unable to operate or close its doors – even if profits are being made”  www. business .vic.gov.au ,[object Object],[object Object],[object Object],[object Object],[object Object]
Project Cash flow Reporting  and Forecasting at  Lend Lease Prepared by: Ken Salmon 16 August 2010

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Insync 10 Project cashflow report presentation aug10 1

  • 1. Project Cash flow Reporting and Forecasting at Lend Lease Prepared by: Ken Salmon 16 August 2010
  • 2.
  • 3.
  • 4.
  • 5. Some of our key projects Shanghai Pavilion, Singapore Trump Tower, US The new Royal Children’s Hospital, VIC Barangaroo South, NSW MidCity, NSW Darling Quarter, NSW Ropes Crossing, NSW Brisbane Supreme Court and District Courts, QLD
  • 6.
  • 7.
  • 8.
  • 11.
  • 12.
  • 13.
  • 14. 3) Download cost report version to spreadsheet (cont)
  • 15. 3) Download cost report version to spreadsheet (cont)
  • 16. 4) Update forecast data (spreadsheet demo)
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24. Project Cash flow Reporting and Forecasting at Lend Lease Prepared by: Ken Salmon 16 August 2010

Notes de l'éditeur

  1. Guidelines This sketch represents the Aurora Place project in Sydney, Australia. This sketch was the original one that was created by the Architect Renzo Piano as his idea for the building. This sketch can only be used with similar images of Aurora Place.
  2. Page Lend Lease Corporation Orientation 2010 Facilitator Guide Point Key Message Learning Activity ~ Time 1. We create assets which are sustainable, healthy workplaces, and innovative in design and construction We create Place – not just a suburb Delfin LL facilitates economic development - not ‘dormitory’ suburbs Lend Lease does more Facilitated Discussion Give an example as the next segment allows the participants to explain what they do 15 mins
  3. Photo: Grand canyon, Harbour bridge, London Bridge, (NY bridge) The Bridge Platform facilitates: 1. Coordination amongst knowledge workers 2. Manage to outcomes 3. Guide workers on the ‘how’ 4. Easy access to relevant business information and documents 5. Identifies experts in situ 6. Capture information, for review, or for knowledge narrative 7. Quickly and cheaply adding or changing ‘activities’
  4. Legal: Contract review, Litigation tracking, (Eloise reference), Safety: Basis of future incident management and compliance checking Human Resources: Performance objectives, bullying case, recruitment process, rehabilitation case management, Performance reviews, Relocations, New starter, Separation Approvals: International travel, consultants approval Risk: Finance: Investment Paper approvals, Accounts receivable, Accounts Payable Operational: Capex approvals, Root cause analysis, Conversion approvals, Conveyancing ICT: Procurement, Project Framework approvals
  5. Photo: Grand canyon, Harbour bridge, London Bridge, (NY bridge) The Bridge Platform facilitates: 1. Coordination amongst knowledge workers 2. Manage to outcomes 3. Guide workers on the ‘how’ 4. Easy access to relevant business information and documents 5. Identifies experts in situ 6. Capture information, for review, or for knowledge narrative 7. Quickly and cheaply adding or changing ‘activities’
  6. Guidelines This sketch represents the Aurora Place project in Sydney, Australia. This sketch was the original one that was created by the Architect Renzo Piano as his idea for the building. This sketch can only be used with similar images of Aurora Place.