Oil and Gas. Powered by Infor 10 SunSystems Enterprise Financials

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1 Oil and Gas Powered by Infor 10 SunSystems Enterprise Financials This is my second experience in the oil & gas industry of working with UXC Eclipse as the supplier and implementer of SunSystems as our financial management solution. Together with UXC Eclipse we have now implemented SunSystems in 4 locations worldwide. On all occasions UXC Eclipse has demonstrated strong industry knowledge and a commitment to local support and have helped us achieve successful project outcomes. Vince Simonetti Operations Accounting Manager, AWE Limited

2 Infor 10 SunSystems Enterprise Financial Solution Financial management and reporting is the foundation of your accounting, resource planning and systems integration needs. Typically the first application you put in place, your financial suite must meet your business and industry requirements today, but also set a platform for tomorrow. UXC Eclipse has over 20 years experience in implementing Infor 10 SunSystems Enterprise Financials for the oil & natural gas industries. Chosen for its robust financials and flexible reporting options, Infor 10 SunSystems is one of the strongest financial solutions available for global companies. Oil and gas For oil & natural gas exploration and production companies, Infor 10 SunSystems Enterprise Financial Solution offers: Financial Management use multiple dimensions to sort and process oil & gas financial information. Dimensional analysis allocation of costs to projects/locations etc for deep reporting and analysis Cost Centre Controls manage cost centres and properties for drilling to production. All activities and costs can be assigned to reporting hierarchies. Overhead management capabilities enable you to automatically generate overhead charges to cost centres based on fixed or variable rules. Division of interest establish flexible, Financial period-effective division of interest with the capacity to support account based exceptions Joint Venture Billing & Reporting streamline the distribution and billing processes for joint interest transactions and joint venture reporting at consolidated general ledger level. Authorisation for Expenditure measure actual against budgeted costs on both a gross and net basis. Get updates and threshold warnings to help you control capital expenditure. Generate and manage cash calls and AFE supplements on projects. Enhanced governance & compliance use of Multiple charts, Analysis Dimensions and Budget Ledgers simplifies compliance with international regulations and reporting requirements. International supports multi-location, multi-currency, multi-language requirements. Scalable suits small start ups to global rollout also remote support, range of deployment options Simple user interface less training or support required Low risk and low total cost of ownership proven international solution for the oil & natural gas industry with rapid implementation methodology. 2

3 Infor 10 SunSystems Enterprise the ideal software solution for oil and gas The ideal software solution for oil & gas Joint Venture accounting offers easy, quick implementation, flexibility in ascertaining procurement processes and powerful cost allocation capability. Infor 10 SunSystems Enterprise delivers dynamic, multi-dimensional software that readily integrates general ledger, accounts payable, fixed assets, and other financial processes with a JV partner s operational systems. Robust inventory analysis and costing features track all expenses relating to JV exploration and development projects. SunSystems also manages all financial processes for a company s disparate business units across function or geography. Infor 10 SunSystems Enterprise comprehensive feature and functionality includes: SunSystems has a combined ledger without having to wait for batch updates or reconciliations. Flexible and scalable deployment to allow exploration and production companies to move forward and grow their business at their own rate. Separate entities with same base currency and chart of accounts can be accounted for within the same business unit in SunSystems. There is no need to change business unit for different entity as required in other solutions and results are already consolidated. Can have multiple user defined ledgers to house budget, forecast in a centralised location for easy reporting. Global essentials, which includes different books for different local reporting standards and the ability to readily enter adjustments for international accounting standards. SunSystems Financials provides true dual base currency processing and the ability to maintain different transaction currencies on a single transaction. The built-in ledger revaluation function can revaluate transaction currencies into base currency and post resulting exchange difference Combination of accounts and analysis codes allow efficient consolidation process carried out within SunSystems. Consolidation Elimination entries can be recorded and processed for group consolidations. Real-time reporting on elements such as Joint Venture cost statements, Joint Venture billing and cash call statements, and dual-currency profit and loss and balance sheet reports. Multi-dimensional visual analytics and purchasing, inventory and budgeting support for Joint Ventures. Ledger Entry Screen showing Analysis Codes that are Oil & Natural Gas specific 3

4 Reporting Infor 10 SunSystems Enterprise offers standard reporting and also includes Query & Analysis - a dynamic, multi-currency set of business intelligence tools that is powerful, flexible, secure and easy to use. Query and Analysis has the following features : Integration with Microsoft Office enables quick user adoption with minimal training and technical skills. Information is provided in an intuitive user interface with common names for database structure. Ability to publish reports to the web and SharePoint, printed, ed to recipient or saved in PDF format. Expenditure AFE Report in Microsoft Excel, a feature of the Joint Venture Reporting 4

5 Infor 10X Technology In addition to Infor 10 SunSystems, Infor 10x delivers major advancements across all of Infor s core product lines, allowing companies to maximise investments in existing technologies and take advantage of innovative new solutions without complex integrations and endless implementations. With Infor 10x you get access to innovative, forward-thinking solutions that can transform the way you work. These include: Infor ION, purpose-built middleware that makes integrating your enterprise systems, both Infor and non- Infor, fast and easy. You can eliminate operational silos, scale up or down to meet changing business needs, reduce the burden on IT by putting business process changes into the hands of power users, and achieve unparalleled operational efficiency. Infor Ming.le, a comprehensive platform for social collaboration, business process improvement, and contextual analytics. Incorporating the most innovative social media concepts into a business environment, Infor Ming.le lets you capture vital corporate knowledge and tie communications to business processes so you can work smarter and faster. From collaborating alongside core systems like ERP or financials to following people and objects, you ll solve problems and get work done in ways you never thought possible. Infor Analytics, which lets you transform data into a competitive advantage. You get industry-specific analytics, robust reporting capabilities, personalised dashboards, and workflows and alerts all accessible from your mobile device with changes synced automatically to your desktop. Infor Motion, technology that gives you access to systems and information anytime, anywhere and extends the capabilities of your core organisational systems. You can unlock the power of existing enterprise solutions by seamlessly integrating mobile capabilities with your Infor applications and get the ability to easily build and deploy custom mobile apps to meet your specific needs. Infor Mongoose, an application development framework that lets you easily design and deploy applications that enhance your core enterprise solution. No knowledge of complex source codes orprogramming languages is required. You ll be able to create enhancements in a fraction of the time and with far less effort than is required with traditional development approaches. 5

6 Infor Business Intelligence and d/epm Infor d/epm delivers a fully integrated set of applications built on common technology with a common user interface all connected to the customer s underlying systems. The solution suite includes: A business intelligence platform, business and industry-specific analytics Budgeting and planning, strategy management, and financial consolidations and Compliance tools including dashboards, key risk and performance indicators, reporting, transaction monitoring, application security and access monitoring, and risk identification and exception management. All of these core components are available in the cloud through mobile applications with full data integration and insight into Big Data. And, all of these components are fused together by Infor ION and supported with Infor s Business Intelligence platform. Infor d/epm 6

7 Financials Express Implementation UXC Eclipse has developed an Express Oil & Gas Implementation methodology to ensure your site is up and running as quickly as possible. Using preconfigured templates developed from years of experience in the oil and natural gas sector, our methodology delivers a standard setup and functionality for a best of breed industry solution. UXC Eclipse As award winning implementation specialists, UXC Eclipse is dedicated to delivering intelligent solutions with old-fashioned service. UXC Eclipse has long-term credibility in delivering software implementations that meet both the oil and natural gas industry s needs and individual customer expectations. It is the experience of our consulting team and our proven delivery methodology that ensure consistent project delivery for every implementation. To be successful, UXC Eclipse has brought together an internal skill-set of developers, resource industry experts, application consultants and market research to ensure our UXC Eclipse solutions are market-appropriate and functionally rich. Support with Substance The success of your business is reliant on our strong on-going relationship. Our Support Centre is based in Melbourne with a team of professional consultants, operating your 24 x 7 Help Desk. Unlimited phone calls and s are answered within a 15 minute response time and are logged in our CANDO support system. When your call is closed, you ll be asked for your feedback to ensure complete transparency of your support experience. We want to make sure we delivered to your expectations. This recipe has ensured the success of many implementations and the long term satisfaction of over 1200 installed UXC Eclipse customers across the region. 7

8 For more information, contact UXC Eclipse and infor: Australia New Zealand Fiji info@uxceclipse.com.fj Infor SunSystems Infor 10 SunSystems is a registered trademark of Infor