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Product Presentation
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
BOOST OILFIELD RENTALS
Michael Maltsev, MBA
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 2
15+ years Software Development and
Implementation Experience
5+ years Oil and Gas Experience
Strong Background in Accounting and Finance,
Consulting, IT, and Business Analysis
Former CFO of Oilfield Rental Company
MBA, University of Buffalo, USAFounder andCEO of RigER
Oilfield Service and Rentals
Market Overview
BOOST OILFIELD RENTALS
www.riger.ca Copyright © 2012-2015, BelcaSoft 4
Oilfield Service
800+ Drilling Rigs inWestern Canada
Utilization 10-80%
600+ Rental Companies
Now is the best time to act!
Low Activity - Fast Implementation
Downturn
New Drilling Season Preparation
Oilfield Equipment
DownholeTools (Drill Bits, Pipe, Collars)
Well Servicing Equipment
Office MobileTrailers and Camps
Tanks, Bins and Sewage Systems
Generators and Engines, Flare Systems and Burners
Control and MeasurementSystems
Pumps and Compressors, Rig Mats
Telecom Equipment and LightTowers
Construction Equipment(Cementing, Perforating)
Other….
www.riger.ca Copyright © 2012-2015, BelcaSoft 5
Oilfield Rentals
Specificor Periodic Installation and Service
Usage: Rigs, Camps,Wells
DailyRental Fee
www.riger.ca Copyright © 2012-2015, BelcaSoft 6
Reasons to Grow
Cost Effective and Flexible Solution
Complexity of Equipment
Develop
Build
Service
Maintain
Low Entering Barrier to the Market
RealTimeTracking Service Requests
Field Jobs Schedule and Management
EquipmentTracking and Management
Retrieving Daily Paperwork from FT
Delays in Invoicing
Inaccurate Invoicing
Operations Performance Analysis
Overall Business Performance
Oilfield Rental Challenges
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 7
Field
Ticket
Labor
Equipment
Mileage Service
Location
Client
Rental Cash Flow and Operating Cycle
www.riger.ca Copyright © 2012-2015, BelcaSoft 8
Client’s
Service
Request
Field
Service
Invoicing Client’s
Payment
Dispatch
DSO - Days Sales Outstanding
Delay
OperatingCycle (75-77days)
Average DSO – 60days
10-12Days
FinancialCycle (70-72days)
Cash Flow
Delay
Delaysin Invoicing
Revenue – 10 M
Average Delay – 10 Days
Interest rate – 5%
Losses - $ 13,700
How Can It Affect Rental Business?
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 9
Loss of Equipment
Rental Fleet – 400 Units
Average Unit Cost – 10K
Lost - 4 Units or 1%
Losses - $ 40,000
Double Entries
Overhead – $ 50,000
Example:
Total – $ 103,700
Oilfield Service and Rental
Operations Management Software
Rig Equipment Rentals v 1.0 includes
oilfield equipment rentals and service
operations:
• Service Request
• Service Schedule
• DeliveryTickets
• Rental Invoice
RigER – Rig Equipment Rentals
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 10
2012, Version 1.0
Users and Roles
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 11
Operator
Dispatcher
Accountant
Operations
Manager
FT
FT
FT
FT
Control All Operations in Real Time
Register All Clients Requests
Dispatch and Assign Tasks
Approve Tickets
Generate Invoices
Oilfield Rental
Operations
www.riger.ca Copyright © 2012-2015, BelcaSoft 12
Full history of inventory tracking:
• Purchase
• Transfer
• Sub-rent
• Deployment
• Repair
• Sale
Assign Job Safety Assessment (JSA #)
to Each Job Daily
Oilfield Rentals
Operational CRM
FleetOptimization
Protect Assets
Measure Operations Performance
Build OneTransparent System
IncreaseValues of Business
Benefits
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 13
Next Day Accurate Invoicing!
10x Faster Document Flow!
Oilfield Service and Rental OMS
www.riger.ca Copyright © 2012-2015, BelcaSoft 14
Price
Productivity
BestValue/Price
7 Ways to Boost Oilfield Rentals
Benefits for Entire Company
Invoice Next Day
1. Invoice Accurate and Fast
www.riger.ca Copyright © 2012-2015, BelcaSoft 16
Slow Invoicing
• Paper Base Systems
• MS Excel Spreadsheets
• Errors in Paperwork
• Double Entries
Combine Services
By Client
By LSD
With Specific
Customer PO
Calculate Rental
Days Automatically
By Each Unit
Save Operational Data
2. Organize Critical Business Data
www.riger.ca Copyright © 2012-2015, BelcaSoft 17
Key Personnel Quits with
Critical Business Info
• Lack of 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
Manage Rental Fleet
3. Improve Fleet Management
www.riger.ca Copyright © 2012-2015, BelcaSoft 18
Inefficient Fleet
Utilization
• Large Fleet Size
• Fleet Geo Allocation
• Units Mismanagement
• Low Utilization
Know Fleet Utilization
and Availability
Equipment by
type
for price-lists and
clients discounts
Item Availability
status:
In-Stock
Deployed
Needs Repair
Damaged
Lost
Equipment Utilization
by Groups, Types,
Serial Numbers,
Vendors
Protect Assets
4. Protect Assets
www.riger.ca Copyright © 2012-2015, BelcaSoft 19
Loss or Damage
• 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
Faster, Accurate, Efficient
5. Enhance Response Time
www.riger.ca Copyright © 2012-2015, BelcaSoft 20
Slow Answers
• MS Excel Spreadsheets
• Slow Processing
• Delays and Errors
• No Actual Info Available
• Time Sensitive RFPs
Create service
request in seconds
for ongoing costs
capture and
revenues associated
with the job
Use laptops or
tablets to access
critical business
data
Never miss a
revenue item again!
Control Operational Results
6. Measure Operations Performance
www.riger.ca Copyright © 2012-2015, BelcaSoft 21
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%
One Answer to Many Questions
7. Build One Transparent System
www.riger.ca Copyright © 2012-2015, BelcaSoft 22
Different systems
• Paper-Based 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
Oilfield Service
and Rentals
All-In-One Solution
www.riger.ca Copyright © 2012-2015, BelcaSoft 23
Sales
Manufacturing
Purchase
Banking
Accounting
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
Release 2.2
May 2015
BOOST OILFIELD RENTALS
FieldTechnicians Calendar
To-do Listand Jobs Done
Days Off,Vacations
Gantt Chart
EquipmentDeployment Scheduling
Job Scheduling
Oilfield Service Report
Other Improvements
Release Features
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 25
Version 2.2
Field Technicians Calendar
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 26
• Rig Ups
• Rig Outs
• DaysOff
• Vacations
Colored by
Type and Employee
Filteredby FieldTech
CustomView
Day,Week and Month
Version 2.2
Equipment Deployment
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 27
Grouped by RentalUnits
Colored:
Rig Ups
Rig Outs
DetailedView:
DeliveryTicket
Location
Custom PeriodView
Version 2.2
Jobs Schedule
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 28
Grouped by
Client
Location
RentalAgreement
Custom PeriodView
Hyperlinkto fast open
Location
RentalAgreement
End ofJob Notification
Version 2.2
Oilfield Service Report
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 29
Grouped by
ServiceType
Location
DeliveryTicket
Custom Period
Options:
QuantityOnly
Full Report
Version 2.2
Integration & Customization
www.riger.ca Copyright © 2012-2015, BelcaSoft 30
Version 2.3
InvoicingSystems
ERP and Accounting Software
Custom Programming
Full customization and configuration services to
fine tune RigER to fit the way you do business
Benefits and Advantages
www.riger.ca Copyright © 2012-2015, BelcaSoft 31
Increase Value of Rental Business
Improve Cash Flow
Manage Field Service
See Entire Picture
Anywhere & Anytime
Business Requirements
Specific Needs Description
Customization Focus
Most Complex Business Case
CustomizedDemo
Proposal
Next Step
www.riger.ca Copyright © 2012-2015, BelcaSoft 32
Contact Us
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 33
Call us Today!
(403) 918-5779
Visit
www.riger.ca
We are proud about RigER!
We will love to talk about
RigER Features
Customization
Special Offers
Boost Rentals!Michael Maltsev,CEO
info@riger.ca
Thank you!
Visit
www.riger.ca
BOOST OILFIELD RENTALS

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RigER presentation at GPS-2015

  • 1. Product Presentation 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 BOOST OILFIELD RENTALS
  • 2. Michael Maltsev, MBA www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 2 15+ years Software Development and Implementation Experience 5+ years Oil and Gas Experience Strong Background in Accounting and Finance, Consulting, IT, and Business Analysis Former CFO of Oilfield Rental Company MBA, University of Buffalo, USAFounder andCEO of RigER
  • 3. Oilfield Service and Rentals Market Overview BOOST OILFIELD RENTALS
  • 4. www.riger.ca Copyright © 2012-2015, BelcaSoft 4 Oilfield Service 800+ Drilling Rigs inWestern Canada Utilization 10-80% 600+ Rental Companies Now is the best time to act! Low Activity - Fast Implementation Downturn New Drilling Season Preparation
  • 5. Oilfield Equipment DownholeTools (Drill Bits, Pipe, Collars) Well Servicing Equipment Office MobileTrailers and Camps Tanks, Bins and Sewage Systems Generators and Engines, Flare Systems and Burners Control and MeasurementSystems Pumps and Compressors, Rig Mats Telecom Equipment and LightTowers Construction Equipment(Cementing, Perforating) Other…. www.riger.ca Copyright © 2012-2015, BelcaSoft 5 Oilfield Rentals Specificor Periodic Installation and Service Usage: Rigs, Camps,Wells DailyRental Fee
  • 6. www.riger.ca Copyright © 2012-2015, BelcaSoft 6 Reasons to Grow Cost Effective and Flexible Solution Complexity of Equipment Develop Build Service Maintain Low Entering Barrier to the Market
  • 7. RealTimeTracking Service Requests Field Jobs Schedule and Management EquipmentTracking and Management Retrieving Daily Paperwork from FT Delays in Invoicing Inaccurate Invoicing Operations Performance Analysis Overall Business Performance Oilfield Rental Challenges www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 7 Field Ticket Labor Equipment Mileage Service Location Client
  • 8. Rental Cash Flow and Operating Cycle www.riger.ca Copyright © 2012-2015, BelcaSoft 8 Client’s Service Request Field Service Invoicing Client’s Payment Dispatch DSO - Days Sales Outstanding Delay OperatingCycle (75-77days) Average DSO – 60days 10-12Days FinancialCycle (70-72days) Cash Flow Delay
  • 9. Delaysin Invoicing Revenue – 10 M Average Delay – 10 Days Interest rate – 5% Losses - $ 13,700 How Can It Affect Rental Business? www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 9 Loss of Equipment Rental Fleet – 400 Units Average Unit Cost – 10K Lost - 4 Units or 1% Losses - $ 40,000 Double Entries Overhead – $ 50,000 Example: Total – $ 103,700
  • 10. Oilfield Service and Rental Operations Management Software Rig Equipment Rentals v 1.0 includes oilfield equipment rentals and service operations: • Service Request • Service Schedule • DeliveryTickets • Rental Invoice RigER – Rig Equipment Rentals www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 10 2012, Version 1.0
  • 11. Users and Roles www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 11 Operator Dispatcher Accountant Operations Manager FT FT FT FT
  • 12. Control All Operations in Real Time Register All Clients Requests Dispatch and Assign Tasks Approve Tickets Generate Invoices Oilfield Rental Operations www.riger.ca Copyright © 2012-2015, BelcaSoft 12 Full history of inventory tracking: • Purchase • Transfer • Sub-rent • Deployment • Repair • Sale Assign Job Safety Assessment (JSA #) to Each Job Daily Oilfield Rentals
  • 13. Operational CRM FleetOptimization Protect Assets Measure Operations Performance Build OneTransparent System IncreaseValues of Business Benefits www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 13 Next Day Accurate Invoicing! 10x Faster Document Flow!
  • 14. Oilfield Service and Rental OMS www.riger.ca Copyright © 2012-2015, BelcaSoft 14 Price Productivity BestValue/Price
  • 15. 7 Ways to Boost Oilfield Rentals Benefits for Entire Company
  • 16. Invoice Next Day 1. Invoice Accurate and Fast www.riger.ca Copyright © 2012-2015, BelcaSoft 16 Slow Invoicing • Paper Base Systems • MS Excel Spreadsheets • Errors in Paperwork • Double Entries Combine Services By Client By LSD With Specific Customer PO Calculate Rental Days Automatically By Each Unit
  • 17. Save Operational Data 2. Organize Critical Business Data www.riger.ca Copyright © 2012-2015, BelcaSoft 17 Key Personnel Quits with Critical Business Info • Lack of 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
  • 18. Manage Rental Fleet 3. Improve Fleet Management www.riger.ca Copyright © 2012-2015, BelcaSoft 18 Inefficient Fleet Utilization • Large Fleet Size • Fleet Geo Allocation • Units Mismanagement • Low Utilization Know Fleet Utilization and Availability Equipment by type for price-lists and clients discounts Item Availability status: In-Stock Deployed Needs Repair Damaged Lost Equipment Utilization by Groups, Types, Serial Numbers, Vendors
  • 19. Protect Assets 4. Protect Assets www.riger.ca Copyright © 2012-2015, BelcaSoft 19 Loss or Damage • 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
  • 20. Faster, Accurate, Efficient 5. Enhance Response Time www.riger.ca Copyright © 2012-2015, BelcaSoft 20 Slow Answers • MS Excel Spreadsheets • Slow Processing • Delays and Errors • No Actual Info Available • Time Sensitive RFPs Create service request in seconds for ongoing costs capture and revenues associated with the job Use laptops or tablets to access critical business data Never miss a revenue item again!
  • 21. Control Operational Results 6. Measure Operations Performance www.riger.ca Copyright © 2012-2015, BelcaSoft 21 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%
  • 22. One Answer to Many Questions 7. Build One Transparent System www.riger.ca Copyright © 2012-2015, BelcaSoft 22 Different systems • Paper-Based 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
  • 23. Oilfield Service and Rentals All-In-One Solution www.riger.ca Copyright © 2012-2015, BelcaSoft 23 Sales Manufacturing Purchase Banking Accounting 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
  • 24. Release 2.2 May 2015 BOOST OILFIELD RENTALS
  • 25. FieldTechnicians Calendar To-do Listand Jobs Done Days Off,Vacations Gantt Chart EquipmentDeployment Scheduling Job Scheduling Oilfield Service Report Other Improvements Release Features www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 25 Version 2.2
  • 26. Field Technicians Calendar www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 26 • Rig Ups • Rig Outs • DaysOff • Vacations Colored by Type and Employee Filteredby FieldTech CustomView Day,Week and Month Version 2.2
  • 27. Equipment Deployment www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 27 Grouped by RentalUnits Colored: Rig Ups Rig Outs DetailedView: DeliveryTicket Location Custom PeriodView Version 2.2
  • 28. Jobs Schedule www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 28 Grouped by Client Location RentalAgreement Custom PeriodView Hyperlinkto fast open Location RentalAgreement End ofJob Notification Version 2.2
  • 29. Oilfield Service Report www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 29 Grouped by ServiceType Location DeliveryTicket Custom Period Options: QuantityOnly Full Report Version 2.2
  • 30. Integration & Customization www.riger.ca Copyright © 2012-2015, BelcaSoft 30 Version 2.3 InvoicingSystems ERP and Accounting Software Custom Programming Full customization and configuration services to fine tune RigER to fit the way you do business
  • 31. Benefits and Advantages www.riger.ca Copyright © 2012-2015, BelcaSoft 31 Increase Value of Rental Business Improve Cash Flow Manage Field Service See Entire Picture Anywhere & Anytime
  • 32. Business Requirements Specific Needs Description Customization Focus Most Complex Business Case CustomizedDemo Proposal Next Step www.riger.ca Copyright © 2012-2015, BelcaSoft 32
  • 33. Contact Us www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 33 Call us Today! (403) 918-5779 Visit www.riger.ca We are proud about RigER! We will love to talk about RigER Features Customization Special Offers Boost Rentals!Michael Maltsev,CEO info@riger.ca