Key Criteria Operators Consider When Selecting Energy Service Vendors

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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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  • Good to great
  • Good to great
  • Good to great
  • 1996 as an application development shop – add ons2003 with the launch of SAP b1 VV decided they didn’t want to be on the sidelinesEverywhere we looked it was SAP2005 SAP launched the Gold Channel partner program and we have qualified every year2006 CDN BP of the year and NA top 10 2008 NA top 10
  • 1996 as an application development shop – add ons2003 with the launch of SAP b1 VV decided they didn’t want to be on the sidelinesEverywhere we looked it was SAP2005 SAP launched the Gold Channel partner program and we have qualified every year2006 CDN BP of the year and NA top 10 2008 NA top 10
  • Help SME energy service clients reach their goalsVV team dedicated to helping our customers become more efficient so they can manage their business management processes and their growthWork with clients to customize SAP Business One to meet their exact needsSAP Business One is an integrated, highly affordable business management software platform specifically created for small and medium-sized business that allows you to easily automate the functions that make your business work - from operations to sales/HR/manufacturing/purchasing to finance and more.Developer of FieldVu – an SAP B1 add-on that is rated one of the oil & gas industry’s top software solutions specifically created to help energy service companies manage their businesses systems and equipment
  • Leveraging our industry expertise and the expertise of our clients, VistaVu has extended the capabilities of SAP Business One to include:Job Costing – Scheduling/Dispatch – Field Ticketing – Rentals – Time Entry – Preventative Maintenance – Service/Repair
  • … so if we have a look at the current environment, yours really isn’t any different than what we commonly see good job on what you have done! everyone is pulling from everywhere
  • Purpose: The best practices are built from real-world expertise from industry implementations. How to Edit:- STANDARD – no customizing requiredWhen to Use: Initial executive level meeting, to closing discussions. Use this slide to present that SAP is a leader in the prospect’s Industry, and show that they too can give their input in the future direction/design of the solution.The experience / IP is built into the system so you can leverage it specific to your industry.
  • Key Criteria Operators Consider When Selecting Energy Service Vendors

    1. 1. “PICK ME! PICK ME!”KEY CRITERIA OPERATORS CONSIDER WHEN SELECTING ENERGY SERVICE VENDORS AND SUPPLIERS<br />FEATURING BRIAN HILL FROM ENERVEST<br />NOVEMBER 17, 2010<br />
    2. 2. TRUSTED INDUSTRY KNOWLEDGE…<br />“There can be no successful relationship without confidence and no confidence without integrity”<br />Author Unknown<br />
    3. 3. INTRODUCTIONS<br />EnerVest<br />Brian Hill<br />Accounting Systems Manager<br />VistaVu Solutions<br />Roy Garcia<br />Director of Business Development<br />
    4. 4. TOP CRITERIA OPERATORS CONSIDER WHEN SELECTING VENDORS<br /><ul><li>Is your tracking and reporting data in line with what Operators expect?
    5. 5. Do your systems contain the required capabilities for electronic data storage?
    6. 6. Do you know what your trouble costs are?
    7. 7. How important is it to use automated invoicing and electronic field ticketing?</li></li></ul><li>BRIAN HILL, ENERVEST OPERATING<br /><ul><li> Accounting Systems Manager
    8. 8. 4 Years w/ EnerVest
    9. 9. 12 Years Industry experience
    10. 10. Current vendor community – 3000 & counting
    11. 11. 70% of current vendor community communicate thru automation
    12. 12. Operating in 12 states
    13. 13. 18,000 wells</li></li></ul><li>BRIAN HILL, ENERVEST OPERATING<br /><ul><li>Automation with vendors has allowed EnerVest to save costs specifically thru e-invoicing
    14. 14. Vendor calls decrease dramatically for lost invoices
    15. 15. Invoice disputes are tracked and managed efficiently
    16. 16. Workflow management of vendors AR process
    17. 17. Vendor relations are stronger
    18. 18. Coding of service items can be automated</li></li></ul><li>VISTAVU SOLUTIONS<br />WHO ARE WE?<br /><ul><li> One of SAP’s Top 10 North American channel partners
    19. 19. Leading business management software provider
    20. 20. 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
    21. 21. SAP Business One
    22. 22. FieldVu
    23. 23. Operations in US and Canada</li></li></ul><li>FIELDVU: SCOPE OF VISTAVU SOLUTION FOR ENERGY SERVICES AND PRODUCT MANUFACTURERS<br />Scope & Configuration Based On Experience From 100’s Of FieldVu Users – Keep It Simple<br />Project/Job Setup/Job Costing<br />3rd Party Billing<br />SAP Functionality<br />FieldVu Functionality<br />Business Analytics<br />Sales Order Management<br />Scheduling/<br />Dispatch<br />Preventative Maintenance/Unit Costing<br />Management<br />Accounting<br />Production Planning & Scheduling<br />Field Ticket<br />Sales Order Management<br />Program & Project Management<br />Service and Repair/Work Orders<br />Component Management<br />Service Part Execution<br />Financial Accounting<br />Engineering Change Management<br />Quotation Management<br />Production & Procurement Execution<br />Rentals<br />Purchasing/ Procurement<br />Financial Supply Chain Management<br />Financial Supply Chain Management<br />Data Management<br />Shipping & Billing<br />Time Entry/Payroll Interface<br />Equipment Cards<br />Inventory Management<br />Account & Contact Management<br />Enterprise<br />Management<br />Research & Product Development<br />Manufacturing: Make-to-Stock<br />& Make-to-Order<br />Services<br />Asset Management<br />Procurement<br />Sales & Marketing<br />
    24. 24. TYPICAL ENVIRONMENT<br />Excel<br />Operations<br />Admin<br />Finance<br />System 3<br />Sales<br />System 1<br />System 2<br />
    25. 25. CENTRAL REPOSITORY<br />Subcontractors<br />Projects<br />YOUR OBJECTIVE<br />Operations<br />HR<br />Sales<br />Dispatch<br />Finance<br />Sr. Management<br />Health & <br />Safety<br />Customers<br />
    26. 26. ONE ENTRY; FULL INTEGRATION<br />Electronic Billing<br />Revenue Recognition<br />Field Ticket<br />Meter Preventative<br />Maintenance<br />Labor Sheet/ Payroll<br />Rental Equipment Out<br />Material Mgmt<br />
    27. 27.
    28. 28.
    29. 29.
    30. 30.
    31. 31.
    32. 32. OPERATOR INTERFACES<br />
    33. 33.
    34. 34. Q&A <br />THANKS FOR JOINING US!<br />
    35. 35. ROY GARCIA<br />DIRECTOR OF BUSINESS DEVELOPMENT<br />rgarcia@vistavusolutions.com<br />281.627.8812<br />LORA ELDRED <br />MARKETING & COMMUNICATIONS TEAM LEAD<br />leldred@vistavusolutions.com<br />402.362.1083<br />THANKS FOR JOINING US!<br />

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