Accounting is a core function within all E&P Companies, and your ERP system is the tools that you should be able to rely on to efficiently complete daily, monthly and year-end activities. Unfortunately, that is not always the case. Systems that are poorly configured or lacking in functionality can complicate your processes. An optimal ERP solution simplifies data capture, processing, internal controls and reporting so that your team can focus on analyzing your monthly transactions and results rather than spending time on unnecessary data entry, manual reconciliations between systems and piecemeal reporting.
EAG has significant experience evaluating systems, processes, controls and reports and recommending practical ways to improve the systems you already own. We understand your business, the timing of accounting close cycles and your systems. Our goal is to ensure these elements support each other thereby maximizing the investments that you have made. EAG can assist you with solutions to improve and optimize: