Here are 5 tips to help speed up the Oil and Gas Industry:
Come with a plan for execution about what you need to do. It's much easier to switch from your current oil and gas software to a new system if you know the steps you need to do. Having deadlines for each step also helps move the project faster. Part of this plan must also spell who is responsible for each action item.
Plan transition during down-time accounting. You need your accounting system every day but there are times during the month you cannot do with it. These times are when you need to process the distribution of income or billing joint billing. Planning to run the software switch at the latest accounting time between the processing cycle. This will make the transition less stressed and help make it run more smoothly.
Determine the best cut time for your current data converted to a new accounting system. The best time to convert is when you don't have many open items roaming. This is usually right after the distribution processing cycle before you start entering data for the next cycle.
Schedule training with support team to help your team the information they need when they need it. You need to study the new oil & gas accounting system and you need to learn it quickly. We have developed a training program that works for you and is included with the purchase of your software. This training is broken down into the pieces of "the size of a bite" that gives you the information you need and help you digest it. You work with your data during training that helps create a "real" procedure.
Confident that you get the correct information from the new accounting system. The best way to do this is to run parallel income distribution or shared interest bills. Ideally you will have a small run that you can do on both systems that lets you compare numbers. After you see that you get the right results, you can advance with confidence
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