Oil & Gas Overview

Discovering oil and gas is no easy task. Neither is accounting for it.  Companies pour millions into drilling expeditions; the equipment is expensive, massive and complicated and the drilling itself can take months or even years.

As the financial managers for these enterprises know, accounting for this rough and tough business is a complex challenge. Oil and gas companies see the world as one market, with dozens of different rules and standards for local operations. Financial managers must track purchases, develop cash management plans so all joint venture partners understand the costs involved at each site, create multiple budget ledgers and much more.

SunSystems is the product of choice in more than 600 oil and gas sites around the world, used for such diverse functions as exploration, production, refinery operation, major project management, distribution and basic office accounting.

As the oil and gas market heats up for accelerated competition in the 21st century, successful operators need SunSystems to:

• Help master their complex reporting requirements
• Generate management information providing detailed data on activities
• Yield critical insights about field performance
• Obtain competitive advantage for their organization