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ofsERP®…the fastest route from field tickets to cash™.

INVOICE  FASTER

Eliminate stacks of tickets waiting to be approved or billed. Automate the approval process, increase accountability, and track where the delays occur. Reduce delays from invoices rejected by the customer since ofsERP® accurately handles most contract pricing and can check for completion of required billing codes.

Convert each ticket to an invoice or consolidate multiple tickets into a single invoice. Email, print, or upload signed invoices or tickets to the customer and industry portals, including Open Invoice.

Mathematically, for every $10m of annual revenue that is invoiced based upon net terms that can be invoiced just 10 days quicker (while staying compliant with customer agreements and GAAP), cash on hand increases by $273,972, and A/R decreases by the same amount. See how we calculated this, and the financial impact of other strategies on this same website, here: Financial impact calculators)

MAXIMIZE  UTILIZATION  &  LOWER COST

Minimize loss and maximize utilization of equipment and tools.  Know what equipment is on each yard, location, truck, well site, and what should be coming back. Easily record movements from one ticket/well-site to another.

Know the revenue generated by each piece of equipment as well as its cost, maintenance, and deployment history. Invoice customers for damage and equipment not returned.

Track the equipment available at all locations and their utilization. Reduce unnecessary buys and expensive hot-shot costs.

Assure equipment is inspected before returning to the field. Record equipment usage from the field and schedule preventative maintenance to avoid loss of customer goodwill and revenue from unexpected downtime.

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.

Use Electronic Field Ticketing on mobile devices to access and update corporate data from the field to speed the billing process and further add to cash flow.

Ease compliance with the operator’s requests and capture a larger market share. Bundle service, rental, hauling, or consumables to reduce margin pressure on individual line items, and increase revenue.

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®.

ofsERP equipment Rental, Service, and Transportation features

Maximize productivity. Schedule equipment and crews. See their whereabouts, utilization, profitability. Deploy assets and people to support specific services.

ofsERP equipment Rental, Service, and Transportation features

Manage deployment , return, utilization, and maintenance of both serialized and non-serialized equipment, tools, and consumables.

MOBILE APPS and eTICKETS Record data on phones, tablets, and PCs, Offline and online

Go mobile... anytime, anywhere! Record any information on phones, tablets, and PCs. Sync-up when connectivity becomes available.

Repair and Maintenance

Minimize costly and potentially dangerous equipment failure. Reduce equipment downtime and lost revenue.

Only selected modules shown above. To learn about the entire software suite. (Click Here)

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