Oil & Gas

Oil and Gas

According to ARC Advisory Group, IFS Applications is the number one EAM solution for the Oil and Gas industry and is the solution of choice for Engineering, Procurement, Construction and Installation (EPCI) contractors, drilling contractors, oilfield machinery and offshore service companies globally. IFS is independently recognized as a leading, global supplier of enterprise Oil and Gas application for Enterprise Resource Planning (ERP) and Enterprise Asset Management (EAM), too, which is why more than 400 project- and asset-oriented companies are using IFS Applications to run their businesses today.

IFS offer owners and contractors an industry-based solution for more effective processes and increased service revenues. Project lifecycle management, service lifecycle management and asset lifecycle management for advanced maintenance contracting – all in a single enterprise suite. IFS Applications and IFS Enterprise Service Management products are the ideal solution for companies operating in the demanding and dynamic oil field service industry.

With deep industry expertise, Envecon offers complete integrated solution suite in IFS that includes:

• Comprehensive Enterprise Asset Management – Digitally driven, flexible, manages total contract, project, asset and service lifecycle. Provides onshore-offshore data replication for real-time asset visibility.

• Service Management for Oil Field Equipment.

• Project Management as built in for project engineers to know where they’re at!

Business Processes

IFS Application Solutions

Corporate Performance Management
Service Contract Management
Offers solutions in Marketing & Sales, Invoice Parameters, Revaluation, Maintenance Plan, Service Level Agreement, Pricing, Pro-Rata Calculation and Periodic Allocation.
Call Handling
Provides support in Case Management, Escalation, Client 360 View, Dispatch, Queue Handling and Journal.
Offshore Service
Offers service in Time Management, Moving Stack, Mobility, Expenses, Standard Job and Fault Statistics.
Onshore Service
Offers service in Loan/Hire Units, Accessories, Exchange, Information Log, Shipment and Disposition.
Workforce Management
Provides support in Competence Management, Time & Attendance, Team Planning, Gantt Scheduling, Availability Planning, Work Load Analysis, Availability Search, Map Positioning)
Project Management
Provides support in Project Planning, Work Breakdown Structure, Project Accounting, Progress, Estimating, Resource Planning, Budget & Forecasting and Revenue Recognition.
Install Base Management
Provides support in Serial Tracking, Lifecycle Management, Preventive Maintenance and Warranty.

Support Processes

Oil and Gas industry has been re-evaluating its core business processes in select areas such as capital projects and safety. But there are many other opportunities for business transformation. Aligning Information Technology with business processes, not only in these areas but across the board, is essential to achieve the required efficiencies. There is a need to use business process management tools to orchestrate (to coordinate) operational procedures that span both operators and suppliers in the complex oil and gas ecosystem.

Benefits

  • Single database covering all processes
  • Capability to adopt best-practices
  • Shorter contractor payment through integration with financials

  • Enhanced maintenance processes and spare parts management
  • Smoother procurement processes
  • Improved billing flows

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