Financial and Operational Efficiency for E&P Sector

Top Quote A webinar for Oil and Gas companies presented by Sapphire Energy Solutions. End Quote
  • (1888PressRelease) March 01, 2013 - Sapphire Energy Solutions announces that it is to host an educational webinar on Financial and Operational Efficiency for the E&P Sector on Tuesday 5th March 2013, 3.30 - 4.30pm.

    The afternoon event is specifically targeted at Financial, Purchasing and Operational managers within Exploration and Production focussed Oil & Gas companies. The session will focus on how Sapphire's software solutions can assist with the complex accounting, procurement and inventory requirements of E&P organisations.

    The hour long session will explore how Sapphire's modular solution can grow with organisations as they expand their asset portfolio and move through the various phases of a project as operators or non-operators. Sapphire's Energy Solution experts will demonstrate the breadth of functionality within their unique solution offering. This will cover strong Financial Management powered by the Infor SunSystems package, demonstrating how to manage multiple GAAP reporting requirements, multi-entity accounting such as Joint venture and PSC.

    The webinar will also showcase the other fully integrated Sapphire Energy Solution modules powered by Infor EAM such as Oil & Gas specific procurement which is fully integrated to inventory and stores, full asset management, corrective and preventative maintenance, project management and health & safety. All of which can be added if and when required providing a cost effective and modular approach.

    Sapphire's Energy Solutions Principal, Steven Wright comments, "Many of the organisations I have worked with in this industry have had the common issue of finding strong financial and operational management solutions that can grow with the company as their asset portfolio increases and their focus changes. Due to the complex requirements within E&P, organisations often end up with a patchwork of different systems which have to be integrated and have overlapping functionality. This comes at a high cost to the business and can result in systems that provide poor information leading to inefficiencies. Our approach is to provide one platform that grows with the organisation, providing a consistent look and feel. This cost effective approach ensures that there is no overlapping or redundant functionality and that information is provided in a timely, robust and consistent manner"

    The integrated Infor SunSystems and EAM solutions provide class leading financial and operational functionality which is specifically tailored to the E&P sector. Sapphire has many years experience providing this leading Energy Solution to Oil and Gas companies worldwide; clients include Pan Ocean Oil Corporation Ltd, Bayfield Energy, Premier Oil, Tullow Oil, Serica Energy, Taqa Energy, Lundin Petroleum and Tullow Oil Plc,

    Sapphire Energy Solutions is part of the Sapphire Systems Group which is the global leading partner for Infor SunSystems, an accolade now held for 10 years, and has over 20 years of practical experience in implementing, integrating and supporting financial management solutions in the Energy Sector.

    More information on Sapphire's Oil and Gas E&P webinar can be found at: www.sapphiresystems.com/uk/events/webinars.htm

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