First SAP(R) All-In-One Solution for the Oilfield and Drilling Services Industry Announced
by Beth S. Miller
OFSxpress(TM) Combines Industry Best Practice with the Power and Functionality of SAP(R) Software for Fast Implementation
EnterSys Group, an IT services and consulting firm which specializes in SAP implementations, has announced the availability of OFSxpress(TM), the first qualified SAP® All-In-One solution for the oilfield services (OFS) and drilling industry in the United States. Designed to replace typical business tools used by many midsize OFS firms, OFSxpress is ready-to-use, integrates all business functions, and can be implemented in just 12 weeks.
EnterSys Group built on its extensive oil and gas industry expertise to develop OFSxpress, while leveraging the power and functionality of SAP, provider of the world's leading enterprise resource planning software.
A recently deployed, customized SAP All-In-One solution, developed for PowerWell Services, Inc., became the template for OFSxpress. PowerWell, now part of The Expro Group, is uniquely positioned as a global company in the oil and gas industry focusing on all areas of flow management. The rapidly growing company required an integrated solution to manage its operations and acquisitions across 40 countries.
"EnterSys Group whole-heartedly embraced the challenge of getting 11 countries transacting business and 10 remote locations communicating - all within our initial 90 day timeframe," said Jim Claunch, former chief financial officer at PowerWell Services, Inc. "The ability to have everyone looking at the same information and not multiple Microsoft® Excel spreadsheets is a huge benefit that cannot be quantified." Adds Sheree Fields, CIO of The Expro Group, "...I was skeptical that we could make a 90-day global project successful. What I learned is that SAP CAN be implemented out of the box...and GROW as a $70 million start-up company grew to $300 million in two years."
"SAP and its partners offer small and midsize enterprises micro- vertical solutions, built upon SAP Best Practices, allowing them to compete effectively and grow their businesses profitably," said Michael Sotnick, senior vice president, Small and Midsize Enterprise, SAP Americas. "With the introduction of OFSxpress, EnterSys Group enables oilfield services and drilling companies to achieve their objectives of improved growth, lower costs and a better understanding of business processes."
OFSxpress Delivers Ready-to-Use Flexibility with SAP Functionality
Once implemented, OFSxpress immediately addresses the common business processes and issues that OFS firms encounter daily. The flexibility and industry best-practices, embedded within OFSxpress, combined with the functionality and power of SAP can be implemented with little or no customization.
"The unique demands of oilfield services companies, where equipment or assets change physical locations on a frequent basis, requires a solution with the full power and functionality that SAP provides," said Darrell Heath, SAP Practice Leader and Managing Director for EnterSys Group, LP. "OFSxpress is that unique solution, combining our OFS industry knowledge and our SAP expertise to specifically manage a constantly changing global business environment."
OFS and drilling firms can be up and running with OFSxpress within 12 weeks. Because the OFSxpress SAP All-One Solution is pre-configured with best practices and baseline business processes, companies are quickly ready to handle a wide variety of operational and accounting activities, including:
- Reporting on multiple legal entities, global operations, subsidiaries and currencies
- Detailing costs and revenue
- Managing goods and services such as:
-- Tool rentals -- Refurbishment
-- Consumables -- Customer-owned inventory
-- Stand-by time
- Complying with Sarbanes-Oxley and other regulatory requirements
- Controlling procurement and order management processes
- Gaining detailed performance data for regions, product lines, service areas and assets