Integrated O&G Software Brings More Clarity to Your Financial Picture

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Your oil and gas company strives for financial clarity using overlapping manual and digital processes. This can require a considerable amount of time to manage the data.

Poor data management directly affects your time management and operational costs. In fact, it’s commonly reported by financial teams that many high-level staff are having to spend at least half their time doing low value work. Leaving them less time to do value-added work.

Time is spent on:

Gathering data from each department
Pulling and exporting the data
Re-entering the data manually if there is no integration
Cleaning data and correcting errors
Formatting all the data into reports

And after all that you still may not have the complete picture due to inefficient data management in each department.

While any software allows you to accelerate and automate processes, very few work together even when you have solutions for each department. Only an integrated, end-to-end software solution can provide true financial clarity.

Pandell offers an easy-to-use platform that connects financial & production accounting, land management, project operations, and powerful reporting.

End-to-end financial integration auto verifies vendor invoices, A/P coding, AFEs and billings against your master chart of accounts in the financial system to ensure clean data.
Surface, contract, and mineral leases; rental billings; aboriginal consultation work; chain of title; and even GIS mapping; are streamlined into a unified cloud-based platform.
A central data repository with dynamic smart folders, Google like searchability, and Info links, make finding what you need a snap.

This results in a single source of truth that your whole organization can depend on, and a more efficient workflow between your departments, vendors, consultants, and business partners. Which allows your company to be more proactive rather than reactive.

For more information: https://www.pandell.com/ca/energy/oil-gas-software.html