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View this presentation featuring Brian Hill, Accounting Manager from EnerVest where Brian will reveal insights around key selection criteria EnerVest considers when they select energy service vendors and suppliers.Ensure that your processes are in line with the best practices Operators are looking for now. These criteria could make all the difference when it comes to being awarded a contract with a major Producer.
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“PICK ME! PICK ME!”
KEY CRITERIA OPERATORS CONSIDER WHEN SELECTING ENERGY SERVICE VENDORS AND SUPPLIERS
FEATURING BRIAN HILL FROM ENERVESTNOVEMBER 17, 2010
SAP CONFIDENTIAL
TRUSTED INDUSTRY KNOWLEDGE…
“There can be no successful relationship without confidence and no confidence without integrity”
Author Unknown
SAP CONFIDENTIAL
INTRODUCTIONS
EnerVestBrian HillAccounting Systems Manager
VistaVu SolutionsRoy GarciaDirector of Business Development
SAP CONFIDENTIAL
Is your tracking and reporting data in line with what Operators expect?
Do your systems contain the required capabilities for electronic data storage?
Do you know what your trouble costs are?
How important is it to use automated invoicing and electronic field ticketing?
TOP CRITERIA OPERATORS CONSIDER WHEN SELECTING VENDORS
SAP CONFIDENTIAL
BRIAN HILL, ENERVEST OPERATING
Accounting Systems Manager 4 Years w/ EnerVest 12 Years Industry experience
Current vendor community – 3000 & counting 70% of current vendor community communicate thru automation Operating in 12 states 18,000 wells
SAP CONFIDENTIAL
BRIAN HILL, ENERVEST OPERATING
Automation with vendors has allowed EnerVest to save costs specifically thru e-invoicing
Vendor calls decrease dramatically for lost invoices
Invoice disputes are tracked and managed efficiently
Workflow management of vendors AR process
Vendor relations are stronger
Coding of service items can be automated
SAP CONFIDENTIAL
VISTAVU SOLUTIONS
WHO ARE WE?
One of SAP’s Top 10 North American channel partners
Leading business management software provider
Serve the unique needs of the energy service and oilfield product manufacturing sectors with our fully-integrated enterprise software tailored specifically for the energy services market
SAP Business OneFieldVu
Operations in US and Canada
SAP CONFIDENTIAL
Financial Supply Chain
Management
Financial Supply Chain
Management
Financial Accounting
Management
Accounting
Data Manageme
nt
Engineering Change
Management
EnterpriseManagemen
t
Research & Product
Development
Program & Project
Management
Account & Contact
Management
Sales & Marketing
Quotation Manageme
nt
Sales Order
Management
Business Analytics
SAP FunctionalityFieldVu Functionality
Shipping & Billing
Production &
Procurement
Execution
Manufacturing: Make-to-
Stock& Make-to-
Order
Production Planning & Scheduling
Sales Order
Management
Services
Time Entry/Payr
oll Interface
Rentals
Field Ticket
Scheduling/
Dispatch
Project/Job Setup/Job Costing
Equipment Cards
Asset Manageme
nt
Procurement
Service Part Execution
Inventory Manageme
nt
Scope & Configuration Based On Experience From 100’s Of FieldVu Users – Keep It Simple
FIELDVU: SCOPE OF VISTAVU SOLUTION FOR ENERGY SERVICES AND PRODUCT MANUFACTURERS
Component
Management
Service and
Repair/Work Orders
Preventative
Maintenance/Unit Costing
Purchasing/
Procurement
3rd Party Billing
SAP CONFIDENTIAL
TYPICAL ENVIRONMENT
Operations
AdminFinance
Sales
System 3
System 1
System 2
Excel
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YOUR OBJECTIVE
Customers
CENTRAL REPOSITORY
Operations
HR Sales
Finance
Sr. Management
Dispatch
Health & Safety
Subcontractors
Projects
SAP CONFIDENTIAL
ONE ENTRY; FULL INTEGRATION
Field Ticket
Labor Sheet/ Payroll
Meter Preventativ
eMaintenanc
e
Material Mgmt
Rental Equipment
Out
Revenue Recognitio
n
Electronic Billing
SAP CONFIDENTIAL
OPERATOR INTERFACES
Q&A
THANKS FOR JOINING US!
ROY GARCIADIRECTOR OF BUSINESS [email protected] 281.627.8812
LORA ELDRED MARKETING & COMMUNICATIONS TEAM [email protected]
THANKS FOR JOINING US!
