International Upstream Energy Solution
Source: Paradigm Technologies, Inc.
With J.D. Edwards' OneWorld Financials, the International Upstream Energy solution is a multi-currency, multi-lingual product that adapts to the business processes of oil and gas producers internationally
With J.D. Edwards' OneWorld Financials, the International Upstream Energy solution is a multi-currency, multi-lingual product that adapts to the business processes of oil and gas producers internationally.Improve cash flow through accurate and timely processing with the Joint Venture Accounting system.
Manage costs, track jobs, and produce accurate reports with the Authorization for Expenditures system.
The solution streamlines business processes, allowing you more time to analyze the data. Its management reports allow you to control and track projects more effectively. The system also automates payments and billings.
- - Record and process transactions for any combination of division of interest and business unit.
- Distribute the costs among the venture partners according to their percentage interest and create the necessary accounting transactions.
- Generate invoices to partners at a company-specified level of detail for a business unit or in summary.
- Shows totals for both gross and partners' share of costs.
- Process cost allocations with comprehensive features.
- - Revise your budget as needed with flexible budget management features, including multi-year budgets and unlimited AFE supplements.
- Track both oil and gas industry and non-industry specific jobs either individually or at a higher project level.
- Manage your workflow by routing AFEs for approval and notifying you of revisions.
- Specify columnar information for any combination of actual, committed, projected, or variance amounts with the inquiry and reporting option.
Paradigm Technologies, Inc., 1099 18th Street, Suite 2400, Denver, CO 80202. Tel: 303-292-0990; Fax: 303-292-1812.