The implementation of AX sets up Aux Sable for future growth and allows us to be more proactive and competitive as we enter new markets. Ideaca is an ideal long-term partner as they delivered the solution on time and under budget.Ron Murphy,
CFO, Aux Sable
Oil and Gas
Challenges in the Oil and Gas industry are continually evolving and the stakes are getting higher. Oil and Gas companies are constantly faced with fundamental long-term issues such as:
- Cash Crunch: Many companies are cutting costs as the heavy investment to maintain and grow reserves diminishes their cash flow
- Regulatory complexity: With shifting regulations, the need for best practices around ensuring and demonstrating regulatory compliance is high priority for Oil and Gas companies. Companies in Alberta must deal with issues around new regulations, co-management and land use as it pertains to ALSA in surveying of well sites, access roads and pipeline right-of-ways. In BC, the agreements between the province and Treaty 8 nations present a wide array of new complexity to Oil and Gas companies.
- Brain Drain: A talent shortage looms as workers and experience shortages that are expected when more than half of oil and gas professionals retire in the next 10 years
- Reserves are getting harder to reach and extract: Investments will need to be made to ensure supply meets demand
- Mergers and Acquisitions: M and A will continue to accelerate and companies must deal with the complexities that result
- Water shortage: Water is blood for Oil and Gas organizations and we are living in a resource constrained world where there is no alternative to water. Water is one of our most precious resources and as the global population continues to put pressure on existing resources, the critical need for safe abundant water supplies also increases.
Ideaca’s extensive experience in the Oil and Gas industry and benefits based delivery approach can help companies address critical issues in all areas of the business including: Upstream Operations, Refining and Petrochemical Operations, Regulatory Compliance and Controls, Supply Chain, and Retail and Marketing Operations.
The Ideaca Oil and Gas industry practice consistently delivers solutions to address the pressing challenges facing the Oil and Gas industry. We have implemented solutions for many of the industry leaders in Canada including: Ensign Energy, Access Pipelines, Petro-Canada/Suncor, Talisman Energy, Aux Sable and Gibson Energy. With over 10 years of experience and 200 active consultants working in Toronto, Kitchener, Edmonton, Calgary, Vancouver and USA, we have demonstrated success through our deep understanding of the industry.
Speak with one of our Oil and Gas experts directly by calling 1-866-816-4332 or contact us online by filling out our inquiry form.
What Areas Can We Help With?
We have a proven track record of working on ERP solutions for Oil and Gas companies. The following are some of the solutions that we have delivered in the industry:
Integrated Field Service ManagementImprove field service efficiency and profitability
Ideaca’s Field Services solution is an end-to-end field services management system. It can efficiently integrate customer, business, and operational information, making that information accessible to both office and field staff as needed for maximum efficiency in work scheduling, assignment, completion, parts inventory management, equipment management, reporting, and billing. The solution optimizes decision-making with automated best-fit matching between service requests and resources, and it streamlines management of contracts, service-level agreements, and resources. Our solutions utilize and leverage Microsoft Dynamics AX platform. For detailed information, read about our Integrated Field Services Management for Oil and Gas.
Financial Reporting for Regulatory PurposesSupport account hierarchies and reporting needs for Regulatory Reporting
With shifting regulations, the need for best practices around ensuring and demonstrating regulatory compliance is high priority for Oil and Gas companies. Ideaca’s Financial report solutions and experience in this sector helps companies ensure that their reporting meets all regulatory requirements as well as all aspects of the Finance function including streamlined time entry, billing and expense management, advanced project management, resourcing, budgeting, utilization reporting, time and expense capture, AR, AP and GL. Our solutions utilize and leverage Microsoft Dynamics AX and SAP All in One platform technologies.
Supply Chain ManagementImprove bottom-line business performance for every aspect of the Oil and Gas value chain
At its highest level, the Oil and GAs industry is a global, complex, multi-enterprise series of interconnected supply chains. The sheer complexity coupled with the industry’s vulnerability to unpredictable forces, such as the economy and the weather, mean supply chain challenges can dramatically impact business performance. Ideaca's Supply chain management solutions help businesses meet supply chain challenges and improve bottom-line business performance for every aspect of the oil and gas value chain. Our solutions utilize and leverage Microsoft Dynamics AX and SAP All in One platform technologies.
Stakeholder Relationship ManagementBetter Identify, Analyze and Manage Stakeholders
A critical aspect of doing business for Oil and Gas companies is the effective engagement of stakeholders. Yet many departments responsible for these important relationships struggle with their day to day processes, with no effective tools or software applications to support them. Ideaca’s Stakeholder Relationship Management (SRM) leverages core Microsoft Dynamics CRM functionality while shifting the focus from Customers to Stakeholders. It provides users the ability to track, analyze and report on key stakeholder data, while also supporting related stakeholder processes. Activity tracking of communications and interactions with Stakeholders is made simple and effective with the use SRM.
Corporate Intranets for Self-ServiceProvide users with information and services to automate core administrative tasks
Replace off-line, manual administration tasks and obtain capabilities for employees to better manage their work and personal information in areas such as compensation information, benefits information, pay information, expense reporting, office services, compliance/security and training information. We deliver these core capabilities with Microsoft SharePoint.
Dashboards and Business IntelligenceEffectively manage customer, financial, network and operational data
Oil and Gas companies have been hampered by disparate information systems, vast quantities of customer information data, and lack of integration of the data. Our Business Intelligence solutions provides capabilities to better manage customer and financial data including improved forecasting, better analysis of customer data, and optimize the deployment of company resources.
Aux Sable, a market leading energy company, utilizes Dynamics AX to develop uniform accounting practices and procedures across seven companies covering two countries.
Talisman Energy, an independent upstream oil and gas company, achieves increased visibility into projects and builds a more collaborative environment with Microsoft Office Sharepoint.
TransCanada, a leader in the responsible development and reliable operation of North American energy infrastructure, reduces costs and increases employee productivity with the implementation of Sharepoint.
For more Oil and Gas Success Stories, click here.
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