Nate and his team were able to digest the project quickly and make numerous suggestions. Subscribe today! The oil and gas industry is more susceptible to higher DSO because of its tedious documentation processes, complex cost cycles, and regulatory requirements that must be met before a field ticket can be approved and finalized. FieldEquip facilitates enterprises to harness the power of their data with automated data dashboards and engaging reports for better business decisions. Well follow up right away to show you a quick product tour. From artificial intelligence to robotics, organizations across verticals understand that they need to revamp their operations to stay relevant among consumers. Your administration staff is wasting thousands of hours every year through no fault of their own, simply because your typical petroleum dispatch software and manual management systems cant keep up with the information overload. Not all the problems, however, involve the e-ticket field process. Create monthly, quarterly, or yearly inspections & maintain historical data for any safety audits to manage business processes with more automation & user-friendly interface. Oilfield Services Suite also seamlessly integrates with OpenInvoice and OpenTicket. Im a service provider, how do I send my data to the E-Ticket Exchange? The oil and gas field service management software by FieldEquip connects operators and suppliers to one platform and brings real-time visibility into operations through proven workflows. Digital field tickets eliminate these issues. To the business owner, time is a valuable ally It is, along with information, the currency of the coming century.. An alert system is integrated into the FAT FINGER platform to allow users create text or email alert notifications. In fact, mobile is the preferred platform for accessing E&P data and taking advantage of cloud computing and networks. With electronic field tickets, all the information is stored on a tablet, Smartphone or PC to help the decision makers connect with workers on the ground. The estimated period could extend further, depending on the problems in other parts of the ticketing process. In most cases, field workers operate in remote areas which dont have reliable internet connection yet they need to communicate with the office. Let us guide you in switching to an automated electronic field ticket system so you can generate higher profits for your business. They play a crucial role in the supply chain because they document transactions and help vendors and other companies stay on track of delivered products and services. With an entire team of US based programmers, it made working through the process of development effortless. In turn, this affects buyers on different levels, including field operators, accounts payable departments, and upper management. Operation managers have the freedom to create job tickets and send them to crew members in real time. The Accounts Receivable, Accounts Payable, and Payroll balances are automatically updated in your General Ledger application and Financial Statement reporting. Imagine everyone on your oilfield services team can work anytime, anywhere sharing operational information efficiently not only when they are online and but also when they work in remote offline locations that is how a field ticket software works. The e-ticketing app delivers digital field tickets with offline capabilities anytime & anywhere. In the oil and gas industry, this approach combines three different factors: paperless operations, smart assets and data analytics in a secure environment. Period. Are you spending too much time processing paper tickets or managing your business on spreadsheets? If you step back and see the waste inherent in paper tickets, it is clear that even the smallest operation would benefit from getting away from them. In fact, it could take22 days or more to process a field ticket into an invoice. How you use the time we save you is up to you. All Rights Reserved We work with each client to determine the preferred method of delivery, which includes transmitting transaction data in exactly the right format for seamless integration into your production accounting system. You want to get paid faster and grow your business. Sometimes, suppliers fail to indicate the current price sheet at least two weeks before. Some best practices that can help mitigate supplier pricing issues include better internal communication between teams within the first two weeks of contract signing. Manage field tickets, sales, purchasing, and other key operational functions via desktop client and mobile apps, connecting office and field in real-time. Other factors like illegible handwriting and incorrect bill rates contribute to invoice disputes as well. Get a real-time view of field operations via the operational control center and let FieldEquips AI manage chemical deliveries. Go paper-free and create automatic invoices for multiple vendors to track expenses in a click with field service billing software. A study by Cisco, a worldwide leader in IT and networking, reports that technology and intelligence from data can help drive growth and improve operational processes. Eliminate unnecessary travel time and fuel waste hauling paper tickets to sign by companyman. Use your valuable time and available insights to focus on growing your business. The industry-wide adoption of IoE is so strong, in fact, that it can boost the gross domestic product (GDP) by up to 0.8 percent, or $816 billion, by 2025. Youll never again need to enter information from the same transaction twice. The vast amount of data the work generates warrants industry-wide standardization. Our objective is to help our clients achieve their goals by helping them to save time. Manage inspection efficiency remotely or from the oil field with FieldEquips inspection management software. Transferring data from one system to another, reconciling data by hand and trying to interpret data by eyeballing an Excel spreadsheet will continue to produce error-prone results. Entrance designs and builds insightful software solutions that unlock the value of information assets. In addition, Entrance serves the technology and business consulting needs of Midstream, Downstream and Services segments of the energy value chain. How do we get a project like this approved and off the ground? Sync with the database once the Internet connection is good. Texas Electrical Contractors License #29723, SitePro Launches SitePro Operations Support (SOS), an Outsourced, 24/7, Monitoring Service for Remote Field Operations, Field Ticket Reconciliation Made Easy [Video], SiteTicket: Advanced Electronic Ticketing Operations. A boost in production and supply rates The Cisco study forecasts an increase in supply from IoE improvements. Yes, all participants in the E-Ticket Exchange have access to a web-based portal to view field ticket transactions, which offers additional features for managing field work, purchase orders, and invoices. The traditional process makes it more challenging for operators and service companies to stay organized and find the documents they need. SitePro Launches Markets First Outsourced Operational Support Monitoring Service LUBBOCK, Texas, Feb. 28, 2018 /PRNewswire/ SitePro (the Oil and gas field ticket reconciliation can be tedious and time consuming for your back-office employees. After drilling a well in Titusville, Pennsylvania, they discovered it kept filling up with water. Streamline processes and improve service consistency. Privacy Policy | GDPR Compliance | Cookie Policy | Terms Of Service | Sitemap, Copyright 2022 FieldEquip. By following the steps below, oilfield operators can migrate from manual field ticketing to an electronic ticketing platform easily: SitePro offers a digital, field operations management solution that allows oil and gas companies like yours to control the supply chain in real time. Field tickets function as a receipt when companies make on-site visits to carry out services such as delivering produced water at a saltwater disposal (SWD) facility. Blind to trends and frustrated that you cant access critical information. So when you get an Accounts Payable Invoice for a fuel bill, you could end up actually having to handle that invoice 2, 3, or even 4 times, if you need to apply it to a units history, an owner-operators charge back, and/or a fuel tax report. Automate work order process from quote to invoicing using FieldEquips quote-to-cash abilities. If errors occur, the overall records, billing and inventory levels of both firms can be adversely affected. These networks create value within the oil and gas context by allowing faster decision-making, reduced operational costs, and better use of assets. Over the years, service companies have recognized the drawbacks of using paper-based tickets. The owner Nate is a true professional that is passionate about software and most important his clients. We help managers digitally convert customer-approved proposals to work orders at the click of a button. In turn, this results in better decision-making and more streamlined processes throughout the entire organization. It saves a tremendous amount of time. Paper processes can lead to data errors, higher costs, and management issues. Where would you even start on a project like that? The oil and gas sector provides entrepreneurs with various opportunities. The survey touches on the urgency of the oilfield sector to adopt digital processes powered by the Internet of Everything (IoE) a method that brings together people, processes and data to make connections more relevant and valuable. Would you like to have a free demo or have any questions about FieldEquip? We believe that information is an oil and gas firms largest untapped resource. Outdated modes of data entry that involve manually keying numbers into a spreadsheet, for instance, still exist. Client tool request, components evaluation, Job Package, Job Safety Analysis, Maintenance, Address books, email folders, advanced search, See How You Can Benefit from Using Field Ticket Software, Field tickets came to the office with 3 weeks delay. Understanding complex information has always been a part of the oil and gas industry. Reduce DSO and improve cash flow with fast, affordable invoice funding. By moving to an industry standard format, we can reduce errors and eliminate inefficiencies throughout our operations. Manual systems and paperwork create high Days Sales Outstanding amounts due to slow and unnecessary clerical processes involved in handling paperwork or manual systems. It can, furthermore, support different data formats, protocols and business document types. Service companies and oilfield equipment manufacturers face a similar burden because they need to manage and budget expenses. Adopting digital, e-ticketing solutions will provide tremendous opportunities for process improvement and promote closer cooperation between operators and suppliers. Implementing an electronic ticketing system like SiteTicket into your oilfield fluid management operations could lower expenses and improve Be the first to know about new products, feature updates, events and much more. But the E&P industry and computer technology have a history. Im sure youve heard at least one person in the officemention the idea after somebody entered the wrong information in terrible handwritingor spilled coffee all over a clipboard, but is your companyready to make the leap? Also, with digital field tickets, you capture valuable data, giving you full visibility into operations. This system can be used to notify personnel (accounting, sales, field or operations) of any new developments. It enables field personnel to record the inspection data digitally through the IoT edge gateway. The time to invest in the digital oilfield is now.
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