Infor SunSystems for Oil and Gas

Industry Expertise

Tied down to old information models and ways of doing business that cannot evolve to meet changing needs in today's hyper-competitive economy? Infor10 SunSystems for Oil & Gas is used extensively in the upstream oil sector because of its ease and speed of implementation; it's flexibility in determining procurement processes and its powerful joint venture cost allocation capability.

InInfor10 SunSystems helps you to manage all financial processes for each of your business units, no matter how disparate in geography or function.

Benefits of Infor10 SunSystems for the Oil and Gas industry; Infor10 SunSystems provides

Real-time insight in to critical financial and operational information

Reduced reliance on spreadsheets and the need to add new accounts to the general ledger

Simplifies other reporting complexities associated with business change

Fast ROI and low total costs of ownership through comprehensive reporting and analysis

Flexibility and control you need to quickly adapt to the demand of even the most challenging global business environment and increase shareholder value.

MORE INFORMATION ON HOW SUNSYSTEMS FOR OIL AND GAS CAN BENEFIT YOUR ORGANIZATION

 

 

Features of Infor10 SunSystems include;

Unified Ledger – SunSystems combines the functionality of multiple ledgers into one user-definable chart of accounts including cash, payables, project tracking, and organizations with different accounting structures, for more efficient and effective account reconciliation, audit trails and reporting capabilities.

Smart Integration- Integrate SunSystems with other systems so you can gain an enterprise–wide view of your business at the financial and operational level.

Support for international growth – Gain access to the Global Essentials component of SunSystems, a requirement for success in any international market, which includes different books for different local reporting standards and the ability to easily enter GAAP adjustments.

Real-time reporting –Publish and distribute reports in multiple formats to any department, across the office or around the world. Standardizing and synchronizing reports through out your organisation improves communication and helps you make faster and smarter business decisions.

Business performance tools – SunSystems graphs are completely interactive and allow for a unique visual representation of a very granular level of detail.Efficient HR operations

Visual analytics – Using the multidimensional analysis tools to map performance indicators allows you to see multiple views of your data from a single source for local statutory reporting, management reporting, JV/JIB reporting , reporting by AFE and tax reporting.

Purchasing and inventory support – Give inventory grading classifications that reflect usage and the consequential economic value if it is reusable for its intended purpose.

Budgeting support – Establish separate budgets for each of your larger joint ventures by AFE and by year, and one common budget for smaller operations by joint venture, AFE and by year.

If you are interested in seeing any of our product and services in action, why not check our events section for further information.