Press

Why Oil & Gas Companies should be conducting yearly process reviews


Don't let another year go by without taking action to improve your existing financial and business processes

During the initial stages of many software implementations and software review projects, TouchstoneEnergy frequently recommends that our clients & prospects engage in a Business & Systems Review Process as one of the first key steps in the project.

The main objective of this process is to identify and manage any risk associated with the project and ensures maximum end-user satisfaction.

The review helps to define:

·          Critical Success Factors (CSF) – defined as areas where an organisation must perform well in order to be successful

·          Existing or potential problems within a particular region, department or process with identified solutions

·          Benefits Realisation – identify the potential benefits that can be realised as part of the project and categorise them by solution, classification, stakeholder and timescale

We are able to create a layered view of the organisation, gather requirements, understand the as-is and design the to-be processes. The model can be documented and shared in real-time; progress can be tracked and changes monitored.

The end result is a series of documents and process maps that can be published to a web portal to facilitate joint review sessions – both during and post project completion.

More about our Business Process Review Program



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Visit source site

https://touchstoneenergy.co.uk

TouchstoneExploration and ProductionBusiness ProcessAssurance ReviewsData Processingprocessoil priceUnited KingdomUnited States2017 Oil industry Predictions

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