Simplify your oilfield services company with a fully integrated, single source of information.
Take advantage of the robust functionality of Microsoft Dynamics 365 BC financial and operations software extended to automate time consuming and sometimes complex needs of the industry.
Supports multiple companies and lines of business including:
FRACKING WORKOVER COMPLETION FISHING RENTAL INSPECTION TRANSPORT
FABRICATION HAULING DISPOSAL WIRELINE MAINTENANCE ROUSTABOUT OTHER SERVICES
Different job types and customer requirements often require different workflows, field tickets, and invoice types. The flexibility of OfsERP to meet these requirements, automate the process, and get the appropriate documents into the hands of the client quickly, has a huge positive impact on the business. For example: invoicing just 10 days quicker converts A/R to cash on hand by $273,972, for every $10m of annual revenue sold on terms. See how this is calculated here: Financial impact calculators.
MAXIMIZE UTILIZATION & LOWER COST
OfsERP makes it easy to know what equipment is in each yard, location, truck, customer well site, and what should be coming back – reducing unnecessary buys and expensive hot-shot costs. Revenue is calculated by each piece of equipment as well as its cost, maintenance, utilization and and deployment history. Inspections can be performed and documented before deploying equipment to the field an upon return and preventative maintenance can be scheduled.
ELIMINATE DUPLICATE ENTRY
Reduce back-office labor costs by as much as 50-75%. Eliminate the cost of double and triple entry of orders, field tickets, invoices, and unnecessary spreadsheets.
Attract capital from investors who prefer companies that use a proven, auditable accounting system. Eliminate the costs of maintaining multiple systems with the all-in-one ofsERP®.