This overview explains how SAP solutions help oil and gas companies to simplify processes, improve efficiencies and reach new levels of safety, cost control, and agility to thrive within challenging markets.
Business Pressures Facing Oil and Gas
In an increasingly volatile energy market with a broadening range of asset types and energy sources, the success of energy operators will largely be determined by three variables: safety, cost, and agility.
With the advent of the digital economy and the deregulation of energy markets, consumers are more empowered than ever and are demanding simplicity and service quality. Businesses within the oil and gas industry now are being asked to provide energy usage analytics, and offer services that optimize delivery of transportation, heating and cooling, and power.
Growing, dynamic oil and gas businesses are creating new services and customer experiences focusing on convenient energy outcomes that cross traditional market boundaries. They are looking at new ways to use technology in operations activities to improve safety and productivity.
How Does ERP Help in Oil and Gas Companies?
ERP helps in oil and gas to prioritize new business models and processes to achieve goals in cost control, diversification and flexibility. It provides for the management of the workforce, contractors and other providers, inventory and assets.
At Seidor, we have over 7000 customers running SAP solutions worldwide. When talking with executive managers from oil and gas companies, we find they have similar priorities for the business:
- Manage their total workforce and find the right contractor for every job
- Assign the right resources to optimize production potential
- Get a real-time view of all product inventories
- Predict asset failure and prescribe a sequence of asset repair
- Break free of the traditional energy demand and price curves to capture new value
- Digitize assets and employees tasks to eliminate unnecessary, manual transactional work
- Optimize and automate execution so that transactions are touchless and require minimal manual intervention
- Help fast-track innovation, reduce costs, and provide operational transparency
By using SAP ERP solutions in oil and gas, companies create a smarter and engaged workforce across all employees and contractors. They drive supplier collaboration to accelerate growth and innovation, and get real-time business transactions and analytics connected on a digital core so everything is smarter, faster, and simpler.
Why Seidor and SAP Solutions for Oil and Gas?
SAP’s ERP solutions contain integrated functionality for financials, customers, vendors, assets, inventory and operations. There are also best-in-class operational add-on products that expand the breadth and depth of the solution for further capabilities.
Seidor puts your business first. With solutions for the small, midsize and large oil and gas firms, we realize that one size does not fit all. We take the time to understand your requirements and processes before deciding the best fit SAP ERP solution.
Seidor USA operates from five offices and supports local as well as global SAP ERP solution initiatives. Talk to us to discover how SAP ERP solutions will enable your business to optimize and streamline your entire process.
Compare SAP Solutions for Oil and Gas
The process to help you compare SAP ERP oil and gas solutions starts with understanding your place in the market now, and your vision for the future. We ask questions to understand your business size, your process, your place within your industry, and where you want your business to be. Then we match your requirements, functions, users and investment goals to the SAP solution set to select an appropriate platform.
SAP has unmatched oil and gas expertise, with 83 of the top 95 oil and gas companies running SAP. SAP solutions provide embedded, preconfigured best practices along with a clear industry road map for the future.
Approximately 87% of the oil and gas companies in the Forbes Global 2000 are SAP customers. We can fit an SAP ERP solution for you.