Best Practices
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:
Manage Oil and Gas International Ventures
Fulfill Statutory Reporting
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:
Operate with Excellence
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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