How SAP Business One helps manage intense challenges of Oil and Gas Industry? |
Posted: February 21, 2020 |
In a complex, competitive and high-paced industry, managing data and processes brings a sea of challenges. To capture critical data, reach a new level of safety, and maintain strict compliance, the Oil and Gas industry is replete with challenges never experienced before. Having the right system in place can help you face the toughest conditions and thrive within challenging markets. SAP Business One can help you jumpstart your SAP implementation efforts and manage intense headwinds of oil and gas companies. Better respond to market opportunities with SAP Business One An ERP software like SAP Business One helps the Oil and Gas industry to get ready for their digital journey. The software brings together all the key functional areas of the business at a centralized place. It also helps to manage key functions such as marketing, finance, sales, HR and logistics from a central point thus saving considerable time and money while boosting agility and efficiency. Toward a More Agile & Sustainable Future SAP Business One is a comprehensive ERP for SMEs and subsidiaries of large companies. Right after deployment and implementation of the measurable benefits of SAP Business One as integrated ERP application can be observed. The major benefits of this software include:
Here are the few more benefits of SAP Business One for Oil and Gas field services.
With this feature, you can have real-time transaction alerts on the status of shipment.
It helps improve project and capacity planning at the department and organization level.
This software helps you maintain accurate costing by providing an accurate picture of margins, material and labor. It also improves planned budgets with actual ones.
It helps to track which equipment is in transit, is overstocked or placed on a specific job site.
This ERP empowers businesses to manage all their rental transactions in a single window, whether it’s the movement of any said product, scheduling, or billing rates.
The tool monitoring features in SAP Business One ensure timely alerts, checks, maintenance and repair. It also facilitates users to monitor DG set status, fuels and transmitter flow. Today’s oil & gas companies are looking for ways to streamline business processes, better respond to market opportunities, the lower overall cost of operations, better evaluate new ventures, mitigate business cost and increase their speed to market. SAP Business One can deliver these benefits to oil and gas companies operating in a high-risk capital-intensive environment.
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