Energy

ERP Advisors Group (EAG) is one of the top independent enterprise software advisory firms for energy companies.

Having the right software to handle large capital projects, complex international accounting, regulatory compliance, and intricate asset management is a major differentiator for energy companies.

Energy companies are looking to replace manual processes in the field and in their operational process with software solutions that can provide faster insights into actual costs. This allows management to make better and faster decisions, especially in rapidly-changing commodities markets. ERP Advisors Group can help energy companies differentiate the rich functionality of best-of-breed industry solutions against general ERP solutions that provide more of a platform play for the future.

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ERP Help for Energy Companies

ERP Advisors Group will help your Energy company define requirements, set your software strategy, provide a roadmap, conduct a diligent vendor selection process and manage the entire implementation.

Develop Your Energy ERP Strategy

We will define your needs and wants as well as how you would ideally use new automated solutions across your entire energy company, whether you are an electricity generation, upstream, downstream or midstream oil and gas, biofuels, solar, wind or hydro power company.

Select Your New Software

We will guide you through selecting the best-fit, most cost-effective business applications and implementation partners to manage your financials, inventory, assets, maintenance schedules, safety, compliance and more.
 
 
 
 
 
 

Implementation Project Management

After finalizing your ERP software and services contracts, EAG stays with you to oversee your implementation until you successfully go live.  We will oversee integrations, data migration, change management, budgets, design and configuration, walkthroughs, training, testing, go-live cutover and will provide executive and project sponsor support throughout the duration of your project.

Data Migration

We assist with all components of data migration: extraction, cleansing, transformation and loading into your new system to ensure you have complete confidence in the accuracy of your data at go live.

Why Energy Companies Upgrade Their ERP Software

Surveys across our energy clients reveal the most common reasons why they need new ERP to automate their business:

  • Manual intervention required for basic tasks revolving around fleet tracking, equipment servicing, work orders, emissions tracking, etc.
  • Not provided with accurate, up-to-date information on financials, equipment information, budget to actuals on spend and more.
  • No automated tracking of inventory borrowed or used across plants, creating unnecessary, time consuming work arounds.
  • Cannot do fleet-wide maintenance within legacy software due to inefficient system setup and plant segregation.
 
  • Extreme difficulty maintaining, reporting, and retiring fixed assets due to heavy manual intervention.
  • Cash forecasting is difficult within legacy software, causing additional work, constant adjustment, and producing inaccurate results.
  • Manual tracking and calculation of depreciation and entry into legacy software is time consuming and inefficient.
  • Work-in-progress project detail visibility is lost in legacy software.

We had started our own process of selecting new software and decided to engage EAG after another oil and gas company referred them to us.  They are knowledgeable and very engaged in the entire process.  Having them on our team gives us peace of mind knowing that experts are looking out for our best interest.  It is easy working with them.

Eric Guy, Controller

Caliber Midstream Partners, LP

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Why You Should Hire ERP Advisors Group

We are 100% independent ERP consultants, and we never take commissions or payments from any vendors. Combining our objectivity with our white-glove selection process, you will be absolutely certain that you are selecting the right software and implementation resources.

Resource-Constrained

Our rapidly-growing energy clients are already very busy with their day jobs and do not have time to become ERP experts.  Though your key people still have to devote some time to an ERP initiative, hiring an ERP consultant frees them up to make the important ERP decisions while staying focused on their day job.

Complex Business Processes

The more complex your business, the more likely for difficulty when selecting and implementing software.  ERP Advisors Group will help you uncover your true needs and will only vet the most viable options for your size, requirements, resources and strategy.

 

 

Best Practices for Your Industry

We will create your requirements document and demonstration script with energy industry best practices in mind while retaining what is unique to your company, leaving out the manual workarounds.

 

Change Management

Many clients hire us to help when they suspect they need a business case for new software.  ERP Advisors Group helps stakeholders buy into what is best for the company by getting their input at multiple stages throughout the Needs Analysis, Selection and Implementation.

 

Vendor Demonstrations

A frequent complaint we hear from prospects who tried to select software on their own is feeling confused about the software's capabilities.  We get vendors to show your requirements during their product demonstrations.  This ensures you feel confident about selecting the best products that can meet your needs.

Contract Negotiations

We negotiate tens of millions of dollars in deals every year for our clients.  We provide contracts review on all terms and conditions, including software and services and every agreement embedded throughout the contract.  Our clients receive price protection for many years to come on their purchase.  While we don't guarantee it in writing, we normally save our fees on this step alone.

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Benefits to Upgrading Your ERP Software

ERP Advisors Group's Needs Analysis will uncover the benefits your company would realize with an ERP upgrade.  Some of the most common benefits your energy business will realize include:

  • More user friendly and intuitive interface surrounding the materials management & warehouse modules.
  • Accurate, real time reporting functionality around fixed assets maintenance and management.
  • Seamlessly integrates with work-in-progress project databases for ease of use and efficiency.
  • Provides an opportunity for staff to develop the optimal solution for the current and future state of the business.
  • Reduce/eliminate time consuming manual processes.
  • Heavily reduced total cost of ownership of major business applications, both fixed and reoccurring.

 


 
 
  • Increased safety ratings due to higher levels of accurate fleet and equipment maintenance.
  • Clearer visibility of inventory levels, improving pricing decisions with better production planning and scheduling.
  • Operational decisions will be enhanced through the ability to track costs across functions and areas.
  • Maintain data in one platform and create and maintain financial reports and analytics directly from that source.
  • Has disaster recovery strategy in place as a precaution.
  • Specific and accurate recording of various types of cash management: capital vs expense.

I’ve been through some rough ERP implementations before and I must say that ERP Advisors Group made selecting and implementing the right software a smooth and fairly effortless process.  They are right there with us every step of the way lending expert advice and helping us manage the project.

James Evans

CFO, Rockpile Energy Services, LLC

Rockpile

 

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Energy ERP Vendors

ERP Advisors Group will help you not only define your requirements but more importantly, we will bake in the best practices for your energy company into your Request for Information and Demonstration Script.

We conduct dozens of selections every year, equating to tens of millions of dollars in software and services sales.  With our deep knowledge of energy ERP, we will help you find right the ERP for your company, AND the right professional services company to implement it. 

We regularly vet the top, most viable energy ERP systems.

Let’s Get Started

Contact us today to start the conversation.