Press

Egyptian Exploration & Production operator aims to save US$1.5 million by improving their AFE process.


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.

Integrating your people and processes with AFE-Automation delivers total expenditure control for the Oil industry.

TouchstoneEnergy's business process management platform was used to provide seamless integration with the operator's chosen finance system, assisting to further improve budget control and compliance.

You can read the full story and much more on TouchstoneEnergy's website.


Visit source site

https://touchstoneenergy.co.uk

EgyptNorth AfricaexplorationExploration and Productionoil productionCostBusiness ProcessprocessUnited KingdomUnited StatesHouston

More items from marcuskelly


With extensive expertise in the oil and gas sector, TouchstoneEnergy are quick at getting to the heart of business challenges and identifying solutions that add value

TouchstoneEnergy's experienced energy sector consultants are helping oil and gas operators and non-operators across the globe use business process automation to drive measurable growth, increase controls, and improve compliance. Our services and systems bring together financial accounting, manageme ...

Marcus Kelly - TouchstoneEnergy


Posted 2 days agoPress > TouchstoneHoustonNorth America +9

TouchstoneEnergy is the only Oil and Gas IT consultancy supplying fully automated joint venture accounting processes

TouchstoneEnergy's Joint Venture accounting module automates joint venture cost allocations, streamlining approval and billing workflows. It makes cost recovery a quick and easy process giving both internal stakeholders and JV partners confidence that the figures presented are accurate. EnergyFlow ...

Marcus Kelly - TouchstoneEnergy


Posted 14 days agoPress > TouchstoneoracleFinance +10

TouchstoneEnergy is establishing a real footprint in Texas!

TouchstoneEnergy business unit head Peter Davis is in Houston this week with Sarah Davis and David Singh, networking with existing TouchstoneEnergy clients and being introduced to more organisations who are looking to streamline their business processes. TouchstoneEnergy is the leading business sys ...

Marcus Kelly - TouchstoneEnergy


Posted 22 days agoPress > HoustonTexasNorth America +9

TouchstoneEnergy signs leading independent global energy broker

TouchstoneEnergy was approached by a leading international commodities & energy broker to upgrade & enhance their back office financial management systems The new client has a worldwide presence as one of the largest independently owned brokers for traders, fabricators, producers, consumers, merc ...

Marcus Kelly - TouchstoneEnergy


Posted 29 days agoPress > TouchstoneCommoditiescommodity trading +10

This is why TouchstoneEnergy are leaders in the finance systems space for Oil and Gas

Providing customers with real-time visibility of AFE expenditure and automated Joint Venture Cutback & billing with AFE Automation. Your AFE workflow should comply with your internal process; your process should not have to conform to a system workflow. No matter how complex or straightforward yo ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > Touchstoneexpenditureexploration +8
All posts from marcuskelly