Upstream Oil & Gas
Processes within the oil and gas industry are specific to the sectors and it takes a special understanding and experience to tune and optimise those processes in SAP. Thamani, leveraging on its several years of experience helping oil and gas companies to implement, support and optimise their SAP systems, has collaborated with leading upstream companies to build a solution that enable them access information at their fingertips, with real-time visibility.
With Thamani’s upstream oil & gas solution, Exploration & Production (E&P) companies can have the best in SAP technology with less time and effort. The solution is preconfigured with market-leading end-to-end processes defined in SAP S/4 HANA specifically for the oil and gas industry.
Thamani’s SAP S/4HANA solution for upstream oil and gas is a scalable solution that can help oil and gas companies reduce total cost of ownership and operational costs, as well as create new revenue opportunities. The solution is well integrated and has world-class user-friendly business processes in-built so that companies can shrink implementation time while working to reduce risk of business disruption. The solution delivers new industry standards that help simplify operations and free up resources to drive more business value.
The solution uses the following baseline components to integrate all areas of upstream oil & gas accounting:
• Asset accounting
• Cost accounting and reporting
• Financial accounting and controlling
• Joint venture accounting
• Production management
• Project systems
• Revenue accounting
• Ownership
• Regulatory, Tax & Royalty Reporting
Benefits:
• Better reaction time to change and agility to market opportunities.
• More consistent processes
• Reduced time and resources required for implementation.
• A scalable platform for growth
• Enhanced Operational Visibility
• Lower overall cost of operations
• Better profitability and performance management
• Maximize effort from ERP software investment.
Thamani’s SAP S/4HANA solution for upstream oil and gas is a scalable solution that can help oil and gas companies reduce total cost of ownership and operational costs, as well as create new revenue opportunities. The solution is well integrated and has world-class user-friendly business processes in-built so that companies can shrink implementation time while working to reduce risk of business disruption. The solution delivers new industry standards that help simplify operations and free up resources to drive more business value.
The solution uses the following baseline components to integrate all areas of upstream oil & gas accounting:
• Asset accounting
• Cost accounting and reporting
• Financial accounting and controlling
• Joint venture accounting
• Production management
• Project systems
• Revenue accounting
• Ownership
• Regulatory, Tax & Royalty Reporting
Benefits:
• Better reaction time to change and agility to market opportunities.
• More consistent processes
• Reduced time and resources required for implementation.
• A scalable platform for growth
• Enhanced Operational Visibility
• Lower overall cost of operations
• Better profitability and performance management
• Maximize effort from ERP software investment.
Got questions?
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