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Confidential and Proprietary Information.
BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation
All other product or service names are the property of their respective owners
Michael Maltsev
m.maltsev@belcasoft.com
CEO at BelcaSoft
(403) 918-5779
oilfield rental and service operations
management software designed by BelcaSoft
www.belcasoft.com
www.riger.ca © 2014, BelcaSoft 2
www.riger.ca © 2014, BelcaSoft 3
www.riger.ca © 2014, BelcaSoft 4
Client’s
Service
Request
Field
Service
Invoicing Client’s
Payment
Dispatch
*DSO - Days Sales Outstanding
DelayDelay
Operating Cycle (75-77 days)
Average DSO* – 60 days
10-12 Days
Financial Cycle (70-72 days)
Cash Flow
DelayDelay
www.riger.ca © 2014, BelcaSoft 5
•
•
•
•
Lost of Equipment
• Rental Fleet – 500 Units
• Average Unit Cost – 6K
• Lost per year – 0,5%
• Losses - $ 15,000
Double Entries
• Overhead – $ 50,000
Total – $ 78,700
Example:
www.riger.ca © 2014, BelcaSoft 6
•
•
•
•
www.riger.ca © 2014, BelcaSoft 7
www.riger.ca © 2014, BelcaSoft 8
Operator
Dispatcher
Accountant
Operations
Manager
FT
FT
FT
FT
www.riger.ca © 2014, BelcaSoft 9
www.riger.ca © 2014, BelcaSoft 10
Slow Invoicing
• Paper Base Systems
• MS Excel Spreadsheets
• Errors in Paperwork
• Double Entries
Combine Services
By Client
By LSD
With Specific
Customer PO
Calculate Rentals
Days Automatically
By Each Unit
www.riger.ca © 2014, BelcaSoft 11
Key Personnel Quits with
Critical Business Info
• Procedures Descriptions
• Unclear Business Processes
• Lost Sensitive Business Data
• Broken Pace
CRM Saves Clients Data
Name, Phone, E-mail
of all Client contacts:
Engineers,
Rig Managers,
Superintendents
LSD code
Client
Location
Direction
Equipment Groups
Serial Numbers
Type (for prices)
Vendor
www.riger.ca © 2014, BelcaSoft 12
Inefficient Fleet Utilization
• Large Fleet Size
• Fleet Geo Allocation
• Units Mismanagement
• Low Utilization
Know Fleet Utilization
by Groups, Types, Items
Equipment by type
for price-lists and
clients discounts
Item Availability
status:
In-Stock
Deployed
Repair
Damaged
Lost
Equipment Utilization
by Groups, Types,
Serial Numbers,
Vendors
www.riger.ca © 2014, BelcaSoft 13
Lost or Damage Rental Units
• Field Service Specific
• Client Long-term Relationships
• No Tracking of Equipment Moving
• Lost Field Tickets or Paperwork
Equipment
Tracking:
Purchase, Moving,
Deployment,
Damage, Repair,
Assembling Kits
Unit Reports:
Locations, Usage,
Movement History
www.riger.ca © 2014, BelcaSoft 14
Slow Answer for Client
Request
• MS Excel Spreadsheets
• Slow Processing
• Delays and Errors
• No Actual Info Available
• Time Sensitive RFPs
Create service
request in seconds
for ongoing capture
of costs and
revenues associated
with the job
Use laptops or
tablet to access to
critical business data
Never miss a
revenue item again!
www.riger.ca © 2014, BelcaSoft 15
Manual Reporting
• Time Consuming
• No Personal KPIs
• Poor Feedback
• No Objective Bonuses Base
Management
Dashboards
Configurable KPI
Dynamic Reports
Special Operations
Reports: Jobs, Mileage,
Client, Location, Area,
Field Technician,Regular Performance
Measurement Increases
Operation Efficiency by 10%
www.riger.ca © 2014, BelcaSoft 16
Different systems
• Paper-Base Systems
• MS Excel Spreadsheets
• MS Access
• QuickBooks
• Other Software
Double or Triple Entering
Multiple Sources of Truth
Inventory Control
and Equipment
Management
Field Service
Management
Daily Tracking
and Reporting
Performance
Analysis
Scalability
Visibility and
Transparency
www.riger.ca © 2014, BelcaSoft 17
www.riger.ca © 2014, BelcaSoft 18
Work Orders
Specifications
Resources Planning
Inventory Management
Rental Agreement
Delivery Tickets
Rental Invoice
Additional Service
Serial Numbers Tracking
Clients Price Agreements
Locations and Rigs
Sales Order
Sales Invoice
Sales Shipment
Purchase Order
Purchase Invoice
Bill of Lading
Vendor Prices
Bank Accounts
Credit Cards
Cheques and Payments
GL, AR, AP
Accounting and Reports
Financial Statements
www.riger.ca © 2014, BelcaSoft 19
www.riger.ca © 2014, BelcaSoft 20
•
•
•
•
•
•
•
•
•
•
•
•
•
www.riger.ca © 2014, BelcaSoft 21
www.riger.ca © 2014, BelcaSoft 22
www.riger.ca © 2014, BelcaSoft 23
Increase Value of Rental Business
Improve Cash Flow
Manage Field Service
See Entire Picture
Anywhere & Anytime
•
•
www.riger.ca © 2014, BelcaSoft 25
www.riger.ca © 2014, BelcaSoft 26

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RigER 2.0

  • 1. Confidential and Proprietary Information. BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation All other product or service names are the property of their respective owners
  • 2. Michael Maltsev m.maltsev@belcasoft.com CEO at BelcaSoft (403) 918-5779 oilfield rental and service operations management software designed by BelcaSoft www.belcasoft.com www.riger.ca © 2014, BelcaSoft 2
  • 3. www.riger.ca © 2014, BelcaSoft 3
  • 4. www.riger.ca © 2014, BelcaSoft 4
  • 5. Client’s Service Request Field Service Invoicing Client’s Payment Dispatch *DSO - Days Sales Outstanding DelayDelay Operating Cycle (75-77 days) Average DSO* – 60 days 10-12 Days Financial Cycle (70-72 days) Cash Flow DelayDelay www.riger.ca © 2014, BelcaSoft 5
  • 6. • • • • Lost of Equipment • Rental Fleet – 500 Units • Average Unit Cost – 6K • Lost per year – 0,5% • Losses - $ 15,000 Double Entries • Overhead – $ 50,000 Total – $ 78,700 Example: www.riger.ca © 2014, BelcaSoft 6
  • 8. www.riger.ca © 2014, BelcaSoft 8
  • 10. www.riger.ca © 2014, BelcaSoft 10
  • 11. Slow Invoicing • Paper Base Systems • MS Excel Spreadsheets • Errors in Paperwork • Double Entries Combine Services By Client By LSD With Specific Customer PO Calculate Rentals Days Automatically By Each Unit www.riger.ca © 2014, BelcaSoft 11
  • 12. Key Personnel Quits with Critical Business Info • Procedures Descriptions • Unclear Business Processes • Lost Sensitive Business Data • Broken Pace CRM Saves Clients Data Name, Phone, E-mail of all Client contacts: Engineers, Rig Managers, Superintendents LSD code Client Location Direction Equipment Groups Serial Numbers Type (for prices) Vendor www.riger.ca © 2014, BelcaSoft 12
  • 13. Inefficient Fleet Utilization • Large Fleet Size • Fleet Geo Allocation • Units Mismanagement • Low Utilization Know Fleet Utilization by Groups, Types, Items Equipment by type for price-lists and clients discounts Item Availability status: In-Stock Deployed Repair Damaged Lost Equipment Utilization by Groups, Types, Serial Numbers, Vendors www.riger.ca © 2014, BelcaSoft 13
  • 14. Lost or Damage Rental Units • Field Service Specific • Client Long-term Relationships • No Tracking of Equipment Moving • Lost Field Tickets or Paperwork Equipment Tracking: Purchase, Moving, Deployment, Damage, Repair, Assembling Kits Unit Reports: Locations, Usage, Movement History www.riger.ca © 2014, BelcaSoft 14
  • 15. Slow Answer for Client Request • MS Excel Spreadsheets • Slow Processing • Delays and Errors • No Actual Info Available • Time Sensitive RFPs Create service request in seconds for ongoing capture of costs and revenues associated with the job Use laptops or tablet to access to critical business data Never miss a revenue item again! www.riger.ca © 2014, BelcaSoft 15
  • 16. Manual Reporting • Time Consuming • No Personal KPIs • Poor Feedback • No Objective Bonuses Base Management Dashboards Configurable KPI Dynamic Reports Special Operations Reports: Jobs, Mileage, Client, Location, Area, Field Technician,Regular Performance Measurement Increases Operation Efficiency by 10% www.riger.ca © 2014, BelcaSoft 16
  • 17. Different systems • Paper-Base Systems • MS Excel Spreadsheets • MS Access • QuickBooks • Other Software Double or Triple Entering Multiple Sources of Truth Inventory Control and Equipment Management Field Service Management Daily Tracking and Reporting Performance Analysis Scalability Visibility and Transparency www.riger.ca © 2014, BelcaSoft 17
  • 18. www.riger.ca © 2014, BelcaSoft 18
  • 19. Work Orders Specifications Resources Planning Inventory Management Rental Agreement Delivery Tickets Rental Invoice Additional Service Serial Numbers Tracking Clients Price Agreements Locations and Rigs Sales Order Sales Invoice Sales Shipment Purchase Order Purchase Invoice Bill of Lading Vendor Prices Bank Accounts Credit Cards Cheques and Payments GL, AR, AP Accounting and Reports Financial Statements www.riger.ca © 2014, BelcaSoft 19
  • 20. www.riger.ca © 2014, BelcaSoft 20
  • 22. www.riger.ca © 2014, BelcaSoft 22
  • 23. www.riger.ca © 2014, BelcaSoft 23
  • 24. Increase Value of Rental Business Improve Cash Flow Manage Field Service See Entire Picture Anywhere & Anytime
  • 26. www.riger.ca © 2014, BelcaSoft 26