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Everyday is Different Part 1: Onsite Project Delivery in West Africa

Welcome to a 5 part series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new finance system ...

Marcus Kelly - TouchstoneEnergy


Posted 3 days agoOpinion > Africaafrica oil and gasProject Management +4

Infor EAM Summit UK & Ireland

TouchstoneEnergy are proud to sponsor the Infor EAM Summit UK & Ireland taking place on 7th November at The Midland Hotel, in Manchester. During this one day conference, attendees will have the opportunity to connect with the TouchstoneEnergy and Infor leadership teams, as well as innovation exper ...

Marcus Kelly - TouchstoneEnergy


Manchester   England   GB 07 Nov 2019


Posted 14 days agoEvent > OilandGasAsset Evaluationsasset integrity management +7

How a reactive and predictive maintenance strategy improved results for a Midstream Oil and Gas company

Better tracking and recording of spend against budget was a key success factor for this Enterprise Asset Management project in the Midstream Oil and Gas Industry. In addition to this success, incorporating inventory management, planned, reactive and predictive maintenance was also part of the proj ...

Marcus Kelly - TouchstoneEnergy


Posted 4 months agoPress > Asset Managementasset management systemMaintenance and inspection +6

7 steps for implementing reliability-based maintenance for Oil and Gas companies

Modern Enterprise Asset Management (EAM) solutions help maintenance teams in the oil and gas industry step up their processes and make effective asset management part of the overall enterprise strategy. Here are seven ways modern solutions help maintenance teams: 1. Reliability. Reliable oper ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoPress

Managing the transition from legacy to modern systems in Oil & Gas

Legacy IT Systems, either software or hardware that were commissioned between the 1980's and early 2000's, are a significant obstacle in any Oil & Gas organisation's drive towards modernisation. Whilst the age of these systems is not necessarily an issue, continued product support is a challenge f ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoOpinion > OilandGasE&P SoftwareBusiness Process +8

Why Oil and Gas companies need to consider an Enterprise Asset Management solution

You may well already be using some form of asset management system, it may work well for you, so why would you need to look at anything else? At TouchstoneEnergy we firmly believe that in order to have the edge over your competition, you need to be looking forwards as well as back. It is all very ...

Marcus Kelly - TouchstoneEnergy


Posted 8 months agoOpinion > Asset Managementasset management systemOilandGas +4

Asset Management in Oil and Gas London Event: A Masterclass in Maximising Operational Efficiency.

Infor EAM is best-in-class asset management software that can help you digitise and optimise your maintenance operation to reach new levels of efficiency. Unlike niche solutions that simply can't grow with you, or ERP add-on products that require extensive customisation, Infor EAM is a purpose-b ...

Marcus Kelly - TouchstoneEnergy


London   England   GB 12 Mar 2019


Posted 9 months agoEvent > LondonAsset Managementasset management system +3

TouchstoneEnergy, a Leading Infor Partner Successfully Completes Implementation of Infor SunSystems for Multinational Trading Company

Infor, a global leader in business cloud software for Enterprise and SMB companies, today announced that Novum Energy Trading Corp., a physical oil supply and trading company has successfully deployed Infor SunSystems FMS. The system was implemented by TouchstoneEnergy, a leading Infor partner and ...

Marcus Kelly - TouchstoneEnergy


Posted 10 months agoPress > Touchstonecommodity tradingCommodities +6

Touchstone Energy are Helping Oil and Gas Companies Overcome the Shortcomings of Traditional Finance Systems With Business Process Management Tools

Our EnergyFlow Business Process Management Platform amalgamates process design, process automation, knowledge management, and analytic capabilities.   Information is captured, stored and delivered in a way that complements your existing workflows, minimising internal disruption.   By ...

Marcus Kelly - TouchstoneEnergy


Posted 11 months agoPress > TouchstoneoilandgascompaniesLondon +8

Touchstone Energy Delivers Full End-to End Infor Finance and Enterprise Asset Management System For New Midstream Oil & Gas Client in Dallas

This once again demonstrates and underlines TouchstoneEnergy's commitment to the Energy sector. Asset management was at the core of business requirements for this Midstream client. They required a solution to control costs and improve profits as well as integrate all the necessary ingredients to ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoPress > Transport FuelsTouchstonemidstream +8

Solving the Complexity of Joint Venture Accounting Within the Upstream Oil & Gas Sector

Joint Venture accounting within the Upstream Oil & Gas sector often overwhelms the existing core finance function. TouchstoneEnergy has developed a sector-specific application which allows Oil and Gas companies to optimise, monitor and better control their Joint Venture processes.  The Joint Vent ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoPress > Touchstonejoint ventureJoint Operating Agreement +6

HMRCs Making Tax Digital and the Oil & Gas Industry

Making Tax Digital, the Government initiative to digitise and streamline tax reporting processes comes into effect from April 2019. The key benefits for businesses include improved visibility over their tax situation and easier access to tax information online; enabling businesses to plan and bud ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoPress > TouchstoneTaxdigital +8

Oil and Gas Companies Are Spending Too Much Time and Money on Their AFE Processes

So how do we go about streamlining the AFE workflow and approval process? Most companies' AFE processes are costing them time and money because they rely on manual processes that can move only as fast as the slowest employee. To illustrate the real costs of this manual process, let's take a loo ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoOpinion > Business ProcessexpenditureDevelopment Capital Expenditure +3

TouchstoneEnergy Launches Easy-to-Use Web-Based Solution for Joint Venture Accounting Automation

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 1 year agoPress > joint ventureoil and gas accountingTouchstone +5

TouchstoneEnergy Announces Local Nigerian Partner: SoftPlugs Limited

TouchstoneEnergy today announces a new and strategic partnership with SofPlugs Limited, a leading Oil & Gas technology consultancy based in Lagos, Nigeria. This partnership further strengthens TouchstoneEnergy's commitment to the African market, and also provides a platform for offering local impl ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoPress > TouchstoneUpstream oil and gasdownstream +7