NXTurn encounters Oilfield Services companies every day that run their business from a patchwork of applications.
These disparate business systems include financial management, revenue management, fixed assets, procurement, order management, billing, inventory management, services delivery and more.
This disconnected approach is inadequate at best for today’s growing businesses that seek real-time visibility into essential business data.
Now multiply this against the Oilfield Services companies that need the ability to stand up a new yard, rig, field office or distribution center swiftly without the need for added hard IT costs.
NXTurn OFS Vertical Edition
NXTurn’s team of professional consultants has successfully implemented NetSuite's native ERP functionalities enabling our Oilfield Services clients:
- access to information in real time as soon it is entered
- reduced burden on limited IT resources
- employee access to systems and data anywhere, anytime
- consolidation of cumbersome manual spreadsheet-based processes
- better budget information and reporting to support overall business growth
Adding the NXTurn OFS Vertical Edition to all of the above improves the command and control of a business’ integration of NetSuite’s functionalities into a comprehensive business platform. NetSuite and the NXTurn OFS Vertical Edition deliver stronger gains in revenue year over year. This Vertical Edition’s unique customizations include:
Well Activity Tracking: Customized oil well lease database; delivering activity tracking.
Procure to Pay: Custom procure to pay processes designed to fit business needs and Sarbanes Oxley Compliance.
Dispatch to Cash: Streamlines dispatch to cash process, in turn, improving days sales outstanding (DSO).
Time Tracking and HSE Certifications: Health, Safety, and Environment Employee Certifications and Operational Task Time Tracking.
AFE Tracking & Approval:
Income/Expense and Fixed Assets management components.
Invoice Consolidation: Consolidate billing across wells and contracts, combining orders, services, tickets, and products to meet requirements.
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