Egyptian Upstream Operator goes live with EnergyFlow AFE Automation and General Office processes fully integrated with INFOR SunSystems
The Operator aims to improve compliance and reduce overspend by as much as 100%; which could result in an annual saving of up to US$1.5 million.
TouchstoneEnergy's EnergyFlow provides seamless integration with Infor SunSystems which will assist further with budget control and compliance.
An approved AFE (approval for expenditure request) is automatically integrated with Infor SunSystems to create the AFE record and associated budget, enabling budget vs actual expenditure reporting.
Integration with the INFOR SunSystems budget ledgers allows unbudgeted expenditure to be quickly identified.
The core EnergyFlow AFE Automation process from TouchstoneEnergy enables the AFE to follow a defined workflow from request, completion, review and finally approval before creating the AFE budget in INFOR SunSystems.
Visit source siteEgyptTouchstoneexplorationProductionUpstream oil and gasFinanceBusiness ProcessexpenditureData ProcessingCostUnited Kingdom
GB 15 Jun 2017