All posts for expenditure

Approval For Expenditure Automation Webinar

Like you, we continue to operate in a challenging climate, albeit with an improved oil price. The prolonged period of instability has seen many of our customers; including Seven Energy ; turn to TouchstoneEnergy to support their mission to deliver companywide cost savings. Through investment in ...

Marcus Kelly - TouchstoneEnergy

    24 Jan 2017

Posted 1 month agoEvent > United KEventexpenditure

Jersey-based oil and gas exploration and production company gains international financial control

With such an international footprint, Heritage Oil faced key challenges in managing its joint venture accounting. To provide effective tracking of its financial transactions and ensure consistent visibility of all expenditure including requisitions, purchase orders, goods and service receipting ...

Marcus Kelly - TouchstoneEnergy

Posted 18 days agoPress > Heritage OilTouchstoneoil price +6

TouchstoneEnergy transforms Joint Venture Accounting with their Cutback Automation Process

Oil and gas joint venture accounting requires accurate allocation of costs to partners and creation of Joint Venture Interest Billing statements and invoices for cost recovery. Constant changes in equity creates complexity for the JV accounting function. With TouchstoneEnergy's automated cutback sy ...

Marcus Kelly - TouchstoneEnergy

Posted 13 days agoPress > Touchstonejoint ventureoil price +7