Oil and Gas Solutions

• Prevent Losses and Waste in Procure to Pay Cycle
• Maintain Environmental Health & Safety Controls
• Improve Project and Asset Management

Oil and gas companies must manage complex operational and financial accounting requirements and complicated processes and ownership arrangements which increases the risk of timely and accurate financial disclosure. Many companies rely on multiple business applications and custom solutions to support their operating environment, and achieve their strategic goals.

FulcrumWay solutions enable oil and gas companies optimize business process and improve enterprise risk management. With effective controls, companies can achieve higher return on assets to maximize shareholder value, gain greater efficiencies and scalability, and improve their users’ productivity. For example, FulcrumWay Procure to Pay Solution mitigate risk in the entire procure-to-pay (P2P) business process to achieve control objects for P2P Business Process Owners, Control Owners, auditors, and IT managers. FulcrumWay Roles Manager can improve user productivity with security design tool that contains a pre-configured catalog of roles, which also comply with Segregation of Duty (SOD) policies.