Global competition and volatile markets are creating a challenging business climate for project based firms which leave them with little room for error when managing projects. Oil & Gas companies have their own individual challenges when it comes to managing their asset's lifecycles, but one area that is often overlooked or pushed off until the last minute is the decommissioning phase of their assets. The key to decommissioning is delivering projects and milestones on time and within budget. Those companies looking to improve the retirement phase of their asset’s lifecycle should follow this checklist.
As the oil and gas pipeline industry grapples with change at every level — including increasing pipeline operations and expanding regulatory oversight infrastructure —cost savings and operating efficiencies have become more important than ever. Both pipeline operators and contractors can benefit from utilizing EPPM solutions to help them pinpoint the best strategies to develop and implement projects from conception through execution to end game — thereby helping to reduce risk and manage cost. In the end, it’s all about smartly using an approach, such as EPPM solutions, like those from Oracle, to help pipeline operators and contractors reduce costs at the project, portfolio, and enterprise levels through the project lifecycle. The midstream companies that are able to implement the best approach to managing risk to their operations in the most cost - effective way will be the ones to best weather another tumultuous decade to come for the oil and gas industry.
With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil and gas projects present enormous management challenges for the organizations sponsoring them. Oracle helps oil and gas companies rise to these challenges – and reap the corresponding rewards – by providing an enterprise project portfolio management (EPPM) solution that gives them visibility into and control over every aspect of their operations.
With AP becoming a strategic hub, it's critical that companies focus on the payment portion of the AP processes to illuminate what is now a critical component of total enterprise success. The report focuses on the state of AP and how AP teams leverage ePayables solutions to improve business results.
The Invoice Automation Navigator Report can assist in the initial selection of AP automation solutions. This report:
- Provides a comprehensive analysis of 10 solution providers
- Provides a roadmap to the process of selecting a provider
The Hackett Group's 2015 e-invoicing poll reveals the ups and downs of e-einvoicing adoption. Benefits include a 42% reduction in the number of paper invoices and a 31% decrease in costs. But many struggle with the supplier onboarding process. This paper explores the challenges and provides recommendations for improving the process.
As executive teams look toward an IPO, there are high expectations for accuracy in financial reporting. In order to meet these requirements, companies need to extend their ERP systems to ensure real-time visibility and control over all the company's spend. This paper looks at the issues and possible solutions.
Like it or not, the accounting function is in the news distribution business.
The demand for financial performance information is high and the pressure for more timely information is even higher. A fast close improves the timeliness of information, aids decision making and is a value-enhancing proposition for the business. To continue adding value, the CFO and controller must find ways to speed up their financial close processes and report financial results before they become old news.
Download this white paper and learn the "7 Steps to a Faster, Better Close" including how to:
• Identify the hidden traps and pitfalls bogging down your accounting processes
• Drive process improvement and collaboration within your organization
• Gain visibility and timely access to critical financial and operational information through application integration
• Utilize modern accounting technology to accelerate your close with automation
Webinar Published By: IBM
Published Date: Sep 08, 2015
Please join us for an in-depth discussion of the latest data and analytics capabilities that banks are using today to uncover new customer insight - at the individual level - to improve offers and cross sell, optimize campaigns and deliver profitable revenue. The discussion will explore how leading banks are employing predictive analysis on customer data not often analyzed - like individual transactions, interactions, behavior and social media. See how banks can move beyond traditional segmentation and enable marketing to the "Segment of One."
White Paper Published By: IBM
Published Date: Aug 05, 2015
Banks have always benefited from customer information based on account activity and segmentation. With the advent of big data technologies, banks can understand their customers in greater depth and predict their needs by analyzing all available customer information.
White Paper Published By: Esker
Published Date: Jun 29, 2015
Read the white paper‚ Building a Business Case for AP Automation: How to Propel Your Project to the Top of the List‚ to discover how AP automation creates benefits for the entire business such as:
• Cost savings due to fewer manual processing tasks and less IT requirements
• Complete visibility and control thanks to customizable dashboards and metrics
• Faster payment cycles with the ability to capture more early payment discounts
• Improved employee productivity and supplier satisfaction
White Paper Published By: Esker
Published Date: Jun 29, 2015
Read the new independent research report from Ardent Partners, ePayables 2015: State of the Market Report.
Drawing on the feedback of hundreds of AP and finance professionals, this unique report offers a comprehensive snapshot into what’s happening in AP, including insights on:
• How the role of AP is continuously evolving
• Key drivers that shape AP leaders’ plans and priorities
• How automation technology is impacting AP
• Operational benchmark statistics and recommended strategies
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.