Software designed specifically for oilfield services
Maximize productivity. Schedule equipment and crews. See their whereabouts, utilization, profitability. Deploy assets and people to support specific services.
Minimize costly and potentially dangerous equipment failure. Reduce equipment downtime and lost revenue.
Go mobile... anytime, anywhere! Record any information on phones, tablets, and PCs. Sync-up when connectivity becomes available.
REDUCE INVOICING DELAYS
Invoicing delays kill your cash flow. Did you know that by invoicing just 10 days faster, cash increases $273,972 for every $10m in annual sales? (see our calculators)
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. ofsERP accurately handles contract pricing and checks 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 and/or tickets to customer and industry portals, including ADP/Oildex Open Invoice.
IMPROVE RETURN ON EQUIPMENT
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 availability at all locations and its 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.
BOOST PROFIT and CASH FLOW
Reduce back office labor costs 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 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 who use a proven, auditable accounting system. Eliminate the costs of maintaining multiple systems with the all-in-one ofsERP.