W Energy Application completes significant scale implementation for a foremost natural gas processor, continuing a effective track file of changing legacy plant accounting methods with its contemporary, cloud-based mostly platform.
TULSA, Okla., March 15, 2021 /PRNewswire-PRWeb/ — W Power Software, the new chief in upstream and midstream oil & gas SaaS ERP alternatives, announces that it has accomplished the deployment of its pure gas plant accounting remedy for a key midstream services supplier. Operating closely with the firm’s accounting workers, the W Strength Application implementation team effectively went live with its Plant Processing, Division Get, and Agreement Management application. Spanning property throughout numerous states, the implementation included migration of gathering and processing services from an existing legacy plant accounting option and closing of the company’s 1st thirty day period of financials. The deployment of W Strength Software’s plant accounting solution proceeds a continual winning streak as it displaces the legacy supplier, expansion that has enabled W Electricity Computer software to seize a lot more than 40% of the US all-natural gas processing market place.
The midstream assistance company owns and operates normal fuel accumulating and processing services nationwide. It had relied on a legacy plant accounting answer to track accumulating and processing via its amenities, even so, allocations and other calculation intense procedures had been gradual and unreliable, computer software limitations forced employees to rely on spreadsheet-dependent workarounds, and the support provider faced the costs and time determination of a vital update. What is far more, due to the complexity of some of its services and limitations of the legacy software package, the plant accounting process relied closely on handbook spreadsheet calculations to thoroughly stream the gasoline circulation, necessitating significant time and assets to the right way settle each thirty day period. The fuel processor needed to go to a resolution with modern day plant accounting abilities, rapidly processing, audit trails for method calculations, and the determination to purchaser company that matches its extensive operations and expansion profile.
By switching to W Electrical power Application, the midstream firm is now operating its plant accounting functions on the industry’s only unified ERP system that provides a genuine software package-as-a-assistance (SaaS) practical experience, supplying exceptional features, reliability, and charge performance. Importantly, W Vitality Software’s calculation trace (CalcTrace) features enables the company company to promptly back trace allocations and other intricate calculations by way of just about every stage, elevating info integrity and transparency across its full procedure.
The go-live process provided:
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Supply of all program parts, configurations, and tests on W Vitality Software’s ERP system, which offers value-successful SaaS subscription pricing.
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Implementation of W Electricity Program Plant Processing, Division Get and Deal Management configured to match the complicated business enterprise demands of substantial-scale purely natural gas processing.
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Consolidation of additional than a dozen plant accounting assets from a legacy method, providing responsible every month settlement.
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Devoted W Strength Application implementation professionals who ensured productive migration of plant accounting knowledge from its legacy ERP resolution and closing of the firm’s 1st month.
“A warm welcome to the most up-to-date member of the W Vitality Software relatives and a massive thank you for entrusting in our technologies to settle this kind of an in depth operation,” claimed Pete Waldroop, CEO of W Power Software program. “Our plant accounting resolution has firmly recognized by itself as the new industry normal that allows company suppliers to swiftly and reliably near their thirty day period although reducing expenses,” Waldroop commented. He extra, “W Energy Software’s market place share is now in excessive of 40% of collecting and processing facilities in the US and we anticipate that development to speed up even a lot more.”
About W Energy Software program
Headquartered in Tulsa, Oklahoma, W Vitality Software package gives the oil & fuel industry’s only unified ERP solution created for the cloud that is relied on by additional than 100 upstream and midstream firms to speed up company performance, enhance operational performance, and generate expenditures down. W Energy Application combines precision-crafted program in a single extendable cloud-primarily based workspace with an intimate understanding of the oil & fuel enterprise to produce alternatives that offer adaptability, affordability, and continual updates. Compared with other ERP computer software that loosely ties together a combine of legacy remedies and fragmented technologies, W Vitality Software package designed a unified upstream and midstream ERP system to seamlessly observe oil, gasoline, and NGL from the wellhead via transportation and promoting, eliminating facts silos as very well as the burden and expenses of keeping numerous techniques. With W Electrical power Computer software, oil & fuel companies keep lean and agile with the applications they need to have to adapt to market alterations and satisfy evolving shopper requires head on, all even though attaining the confidence that their organization is working on the most recent technological know-how. For extra facts, make sure you pay a visit to https://WEnergySoftware.com.
Media Get hold of
Ben Parker, W Electricity Program, 281 636-9055, [email protected]
Source W Power Computer software
