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Best Practices

Best Practices

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The IFS IDEAS Best Practices are focused on running successful international oil and gas ventures.

Our team's mission is to "help people focus on what matters most."  These resources intend to help customers automate and streamline their business, so they can focus more time working on their business, not just in the business.

Details

The practices on which our clients mostly focus are:

  1. Manage Oil and Gas International Ventures

  2. Fulfill Statutory Reporting

  3. Track and Control the Supply Chain



View a Complete and Expanded Outline at the bottom of the page.

Manage Oil and Gas International Ventures

When it comes to managing oil and gas ventures internationally, we often see clients wanting to:

  1. Operate with Excellence

  2. Manage Partners

Operate with Excellence

Elements of "operating with excellence" include:

Get Visibility of Netback

Track CAPEX by project, manage OPEX by account and see revenue by project.

Control Costs

To help control costs, input budgets and forecasts, maximize cost recovery and compare budgets and forecasts to actuals.

Navigate the Business

Users need access to reports to help make informed decisions.

Complete and Expanded Outline




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