Technology solutions for oil and gas companies
Rand Group has deep experience working with upstream and midstream oil and gas companies to modernize business operations. We implement AI-powered solutions built on Microsoft, NetSuite, and Sage to streamline complex accounting, field service, compliance, and asset management, helping energy organizations stay efficient and competitive in a volatile market.
Boost operational efficiency with an ERP solution designed for oil & gas organizations
Challenges for businesses in the oil and gas industry today include volatile commodity prices, growing environmental regulations, expensive technology upgrades, and changing capital expenditure needs. However, there are opportunities for growth through streamlining day-to-day operations management that will allow your team to spend time finding ways to become more efficient in your spending, all while maintaining compliance. ERP solutions tailored specifically for the oil and gas industry allow companies who choose to embrace digital transformation and modern technology to better position themselves to meet customer demands and become more productive, proactive, and profitable in today’s evolving market.
Rand Group is an experienced solution provider with extensive knowledge of implementing Microsoft and NetSuite ERP solutions customized for oil and gas businesses. Our team of industry experts and solution architects will help you determine the best technology solution, or solutions, for your business, then build your custom ERP based on your unique processes.
- Enhance flexibility with a cloud-based, fieldwork-friendly solution
- Simplify tax reporting across divisions
- Streamline complex accounting requirements and multi-company processes
- Conduct and track site inspections
- Boost technician skills management and scheduling
- Connect field service operations with billing
- Implement smart maintenance to predict equipment issues
- Manage service and rental contracts
Connect your business systems for seamless operations
Project Management
Field Service
Asset Maintenance
Safety & Compliance
Tax Reporting
Vendor Management
Joint Interest Billing
Risk Analysis
Case Study
From QuickBooks to Dynamics 365 Finance and Operations
Explore how Conquest Completion Services, LLC, an oilfield services company, achieved a game-changing financial and operational transformation by replacing their outdated systems with Dynamics 365 Finance and Operations. Discover how Conquest experienced significant improvements in efficiency, cash flow, inventory management, and real-time data accessibility. Click to view the case study and learn how Conquest partnered with Rand Group to successfully implement the ERP system and drive remarkable results.
Utilizing cloud technologies to transform oil & gas operations
Rand Group offers both Microsoft and NetSuite cloud-based solutions to streamline and optimize day-to-day operations for organizations in the oil and gas industry. These solutions are designed to deliver capabilities that support the core processes and requirements of oil and gas companies, plus facilitate digital transformation of operations. The wide range of software solutions help securely connect people, assets, workflows, and business processes, empowering organizations to be more resilient.
Watch the video to the right to see how XTO Energy has been digitalizing its Permian operations by using Microsoft Azure IoT technologies and Dynamics 365.
ERP solutions designed to manage oil & gas operations
At Rand Group, we use our 20+ years working with leading technologies to implement ERP solutions that deliver rapid results and set businesses up for long-term technology success. We understand the different challenges faced by oilfield services, machinery, and drilling companies, and as such offer solutions tailored for specific processes and operations.
Oilfield Services
Explore oilfield services solutions that can help you compete effectively for jobs and get paid faster, by analyzing your profitability, streamlining and strengthening your operations, and providing visibility into all equipment and personnel.
Oilfield Machinery
Oilfield machinery producers require unique manufacturing capabilities to produce and deliver specialty machinery, and to connect people, assets, workflows, and business processes to maintain resiliency and strong profitability.
Oilfield Drilling
ERP solutions for oilfield drilling companies can help to increase equipment utilization, streamline processes, improve organizational effectiveness, manage royalties, adhere to environmental and governmental regulations, and better service customers.
Related Insights
What is Joint Interest Billing?
Joint Interest Billing (JIB) is a critical process for managing costs and revenues in oil and gas joint ventures. Rand Group’s custom JIB solution for NetSuite simplifies complex cost allocations, improves billing accuracy, and ensures transparency among partners, providing oil and gas companies with a powerful tool to optimize their financial processes.
Top 5 2024 industry trends for the oil and gas industry and the role of modern Cloud ERP
The oil and gas industry has undergone significant transformations, and 2024 is no exception. From sustainability efforts to technological advancements, several trends are reshaping the landscape. In this blog, we will explore the top five industry trends for 2024 and how modern Cloud ERP systems can play a vital role in supporting and enhancing these developments.
Technology trends in the oil & gas industry
From rapidly-changing regulations to fluctuations in commodity prices, oil and gas businesses know the importance of staying agile and ahead of the competition. One way to combat industry changes is to stay up-to-date with the latest technology trends and evaluate if any make sense for your organization.