Implementing SAP technology for upstream Oil & Gas

Today’s upstream oil & gas companies are looking for new ways to streamline their business to better evaluate new business ventures and increase their speed to market. SAP technology can deliver these benefits to energy companies operating in high-risk, capital-intensive environments, yet significant time and resources are needed to implement SAP. The increased complexity of production environments is driving the need to improve access to real-time data and analytics across the value chain. For example, choosing where to invest capital in areas requires the ability to predict future performance based on historical results. Those results across production, maintenance and the supply chain can help to identify sub-par production zones and shift assets to more productive areas that promise a higher return on investment. SAP technology can deliver these benefits to energy companies operating in high-risk, capital-intensive environments.

Oil & gas companies need and are looking for a fixed price solution that meets their requirements. READYUpstream provides Upstream Oil & Gas companies a predictable and proven solution built on S/4HANA and industry-leading practices to jumpstart their SAP implementation efforts.

Toward a more agile, efficient future

READYUpstream leverages SAP technology and pre-configured industry templates to:

  • Streamline business processes
  • Increase efficiency
  • Achieve higher levels of system integration

We use 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:

  • Increased agility to better respond to market opportunities
  • Reduced time and resources required for implementation
  • A scalable platform for growth
  • Lower overall cost of operations
  • Better profitability and performance management

 

Unmatched SAP expertise

We base READYUpstream’s templates on knowledge gained from our vast experience implementing SAP at many oil & gas companies, both large and small. We are one of the world’s largest and most experienced SAP systems integrators, thanks to more than 40 years of experience and over 17,800 practitioners.

Our strategic SAP implementations have won many awards

  • 2016 SAP Pinnacle Award Winner for Customer’s Choice in SERVICES category
  • 2016 SAP Pinnacle Award Finalist for Customer’s Choice in BUILD category | Customer’s Choice in SELL category | Quality Partner of the Year
  • 2016 SAP North America Partner Excellence Award for Industry Services