Product Overview P2 s is an international oil and gas venture management software. handles financial management, supplier relationship management, partner relationship management, operations management, business intelligence and workflow management for international E&P companies, from start-ups to major independents and national oil companies (NOCs). Financial Supplier Relationship Partner Relationship Operations Business Intelligence Workflow Globally Compliant Solution was designed specifically to accommodate the unique requirements of multi-national oil and gas operators. The oil and gas accounting system is unique in its capability to comply with local accounting and reporting requirements of any country in which it is used, while simultaneously meeting home country financial reporting standards. is proven compliant in the 60+ countries where it is currently deployed. Because of the modular architecture, multi-national companies can configure the installations for site specific requirements. Based on the location and needs, enables the installation of only those modules required, simplifying operations and minimizing the capital cost of the implementation. Modules, features and security can be defined at a location level. Being designed specifically for multi-national operators, is both a multi-currency and multi-book solution. allows any number of reporting currencies as well as sets up financial books in any number of currencies to account for local transactions. Used by Hundreds of Companies in More than 65 Countries is used by energy industry majors and independents in over sixty countries. It offers scalability from a single user to global networks, providing instant access to worldwide activity through the financial data warehouse. provides a multi-currency, multi-lingual, multi-entity, globally compliant accounting solution for domestic and multinational businesses.
Product Overview Benefits Streamline accounting across operations in multiple countries No need for currency conversion. Handles intra-company accounting issues across global operations. Automates determination of rates, calculation of exchange gains/losses and preparation of local currency financial statements. Complies with local accounting and reporting requirements of any country in which it is used. Multiple Books (full transaction detail in all currencies). Minimize total cost of ownership Install only required modules where you need them. Add features and security by location level. Single integrated solution across all oil and gas business units no need for third-party solutions in local operating areas. Consolidate and track global suppliers with one system. Import Exchange Rates from banks through a spreadsheet interface. User Defined Data Warehouse provides unlimited types of data (unlimited budgets, currencies, history, statistics). Manage PSA s, AFE s, Cash Calls, JIB s and day to day field operations. Features Supports multi-currency, multilingual, multi-entity, and global compliance requirements. Provides comprehensive procure to pay solution. Manages partner relationship including joint interest billing, authorization for expenditure, partner accounts receivable. Provides tracking and control equipment, materials, capital projects and assets. Provides flexible and powerful, multi-dimensional reporting tool and real time alerts and charts. Automates image-based support for the document approval process. Contact P2 Energy Solutions, enquiries@,
Materials System P2 s Materials System (MMS) is a fully integrated, comprehensive capability for requisitioning, procurement, warehousing and inventory accounting for oil and gas development projects. Effective materials management involves a complex set of interactions between processes, suppliers, inventory, and the data that links them all together. MMS analyzes and balances these interactions to drive improvement and cost savings. Track equipment and material from procurement to project consumption including freight forwarding, customs, and in-country transportation. MMS: Analyzes inventory quantities and controls warehouse transaction activity. Provides complete valuation of inventories and accounting for inventory consumption, accruals, and materials in transit. Manages the purchase of goods and services from the automatic generation of purchase orders and contracts from requisitions, approval of purchases, and status reporting through the matching of invoices. Manages, monitors, and controls the requisition process. Benefits Improves control over equipment and materials and reduce shortages. Avoids stock outs which can result in costly shutdowns or project delay. Minimizes contract leakage and lower procurement costs. Features Materials Warehouse and Inventory Accounting Monitors the physical movement of inventory. Determines stock availability across all locations. Tracks receipts, returns, sales and material transfers. Records quantity and item value adjustments. Defines minimum and maximum levels for inventory items. Tracks physical locations and sub-locations. Values by specific cost, average cost or standard costing methods. Tracks capital and expense items and third-party leased equipment. Assigns unlimited additional costs (freight, duty, tax) to inventory value. Issues by Bill of Material. Automatically creates electronic material requisitions for stock shortages. Automatic accrual and material in transit accounting.
Materials System Features Continued Materials Warehouse and Inventory Accounting Continued Tracks and values items by condition code. Tracks specific inventory items by serial number. Defines, creates, and values assemblies and disassemblies. Stocking, reorder, physical inventory and stock usage reporting. Comprehensive inventory accounting and reporting. Accounts for sales, gain/loss on sales, item revaluations, price adjustments, condition code changes and disassemblies. Automatic intercompany accounting for joint operations. Purchasing Processes multiple types of purchase documents including purchase orders, work orders and contracts. Customizes purchase order forms through the Purchase Document Form Designer. Automatically incorporates standard clause text into the purchase order. Automatically converts requisitions received into purchase orders or contracts. Purchases in a currency other than the currency in which requisitioned. Consolidates multiple requisitions into a single purchase order. Ensures appropriate payment to supplier by invoice matching and tolerance checking. Requisition Processing Easily generates requests for the purchase of goods and services. Prepares purchase requisitions remotely for consolidation at a central purchasing location. Electronically creates purchase orders, work orders and contracts from requisitions received. Tracks requisitions to purchase orders to invoices and payments. Automatically converts requisition amounts to the purchasing currency. Processes and controls master agreements with blanket purchase order features. Prepares purchase orders in any currency. Tracks amendments to purchase orders. Controls the procurement process through senior buyer approval. Tracks open purchase orders and purchase order status through comprehensive reporting and inquiry. Processes multiple invoices per purchase order. Automatically account for full landed cost by AFE. Contact P2 Energy Solutions, enquiries@,
iapprove P2 s iapprove is a workflow application providing a comprehensive capability to manage and approve vendor invoices, purchase orders and requisitions. Momentum based, iapprove is designed to encourage document flow through the process. The iapprove web components work in tandem with the client/server solution. Invoices are initially registered in, images and other electronic documents are attached and approval routing is selected. Invoices approved in iapprove are immediately eligible for payment through Accounts Payable. iapprove also includes a central client/server based administration function for approver set up, status inquiry and reporting and other central functions. Approve requisitions, purchase orders and invoices. Anywhere, anytime approvals through browser based function. Benefits Improves productivity of managers and staff. Reduces invoice processing costs. Reduces cycle time. Improves service to internal managers and to suppliers. Reduces financial audit effort and cost. Provides instant access to invoice information. Features Approval Review and approval modes. Serial or parallel approvals. Reject option with rejection reason code. Validation of approver financial authority. Approver PIN verification. Reviews document data and supporting materials. Reviews document image. Access to full information stored in application database. Edits collaborative comments and messages. Re-route option. Notification. Establishes email notification and reminder text, and elapsed time for remind. Disables selected approvers for notification. Automatic email notification to approver.
iapprove Features Continued Tracking Completes notification, routing and status tracking. Unresolved rejection tracking. Flexible approval status reporting. Administration. Establishes approver codes, defines approver types, sets authority limits. Defines profiles by dept, project, other. Document Registration and Attachments Selects approvers individually or by profile. Scans document image. Attaches any number of additional documents of any file type. Multi-level approval hierarchy with unlimited levels. Integrated Document function to store images. Record collaborative comments for subsequent review. Full visibility into document approval status. Contact P2 Energy Solutions, enquiries@,
Hardware Requirements & Operating System Certifications 1. Server, Workstation and Terminal Server Hardware Requirements 1.1 URL Referrals SQL 2008 - http://msdn.microsoft.com/en-us/library/ms143506.aspx SQL 2005 - http://www.microsoft.com/sqlserver/2005/en/us/system-requirements.aspx 2. Server Required Software and Service Pack (SP) 2.1 Server Operating System Versions Microsoft Windows a. Server 2003 SP2 b. Server 2008 (32 bit or 64 bit) c. Server 2008 (32 bit or 64 bit) R2 d. Server 2012 2.2 Server MS/SQL Server Versions Microsoft MS/SQL Server a. 2005 Enterprise or Standard SP3 b. 2008 Enterprise or Standard (32 bit and 64 bit)* c. 2008 Enterprise or Standard (32 bit and 64 bit) R2* d. 2012 Enterprise or Standard (*) 64 bit SQL Server implementations require that the application server must be separate from the SQL Server 2.3 Other Required Software Microsoft Office a. XP SP3 b. 2003 SP1 c. 2007 d. 2010 Microsoft.Net Framework 3.5 sp1 3. Workstation Operating System Versions and Required Software Microsoft Windows a. XP Professional SP3 b. Vista c. Windows 7 (32 bit or 64 bit) d. Windows 8 Microsoft.Net Framework 3.5 sp1 Microsoft Office a. XP SP3 b. 2003 SP1 c. 2007 d. 2010 Contact P2 Energy Solutions, enquiries@,