OIL AND GAS INDUSTRYRAPID CHANGE IN THE ENERGY INDUSTRY IS REQUIRING DIGITAL TRANSFORMATION
The honeymoon is over – the future of oil and gas will require insights from SAP data throughout the supply chain.
Oil and gas is a complex industry with so many factors that affect the financials. And when there is volatility in the market it’s critical to know your real-time financial situation so you can make informed decisions.
But so many companies are working with on-premise, outdated ERP systems that result in delayed financial reporting. W5 Consulting will help you understand the financial impact of your decisions in real-time by moving your SAP S/4 HANA ERP system to the cloud.
91% of organizations are engaged in some form of digital initiative, but only 40% have reached scale for their initiatives.
— Gartner Research
SAP solutions power the oil & gas industry
Volatility and change in the energy industry requires digital transformation to streamline and simplify operations for upstream, midstream, and downstream companies of the future.
- Optimize business performance with a proven technology
- Enable your team with real-time, impactful, and accurate information
- Deliver improved logistics, better financial execution, and overall organizational efficiencies while laying the foundation for end-to-end business intelligence
W5 will quickly get you up and running on SAP S/4HANA®, SAP® Commodity Management, and SAP Commodity Risk Management, setting the stage for:
Direct flow of financial data from SAP S/4HANA to central SAP ERP Financials solution.
Cash requests that can be made directly from the bank and reported on in real time.
Real-time, cross-terminal reporting on inventory, sales, invoicing, billing, dunning, profit and loss, and more.
Greater transparency into commodity data with sophisticated analytics, dashboards, and reports.
Commodity supply chain planning based on existing product structures and current inventory levels, increasing visibility, traceability, and compliance .
Full transparency of risk positions across marketers, terminal operators, and risk managers.
Simpler deal capture for contracts with SAP Commodity Management, option for deal capture for SAP S/4HANA.
Ability to schedule shipments while taking into account supply, demand, and available transportation with the SAP Trader’s and Scheduler’s Workbench application .
Self-service reporting, real-time data visualization, and eventual mobile enablement with the SAP Fiori® user experience and apps – enabling greater business ownership and less reliance on I.T
Blueprint for similar process architecture and deployment projects at other group companies.
Here’s who we’ve helped
BLUEPRINT FOR ERP INTEGRATION
In 6 months, W5 Consulting helps transform a small oil company into a model for intelligent enterprise integration.