Enterprise Reporting & Performance Management

The Customer

- Top operator in the Upstream market
- Operations in 3 different divisions

Challenges

- Loose rules for coding budgets and expenditures
- Non-allocation of costs to activities and assets thus preventing useful analysis and management
- Existing cost reports are not user friendly

Solution

- Consulting on data cleansing
- Creation of user interfaces for cost reporting
- Creation of pre-defined cost reports for all divisions with supporting GL detailed reports
- Enterprise wide training of finance users

Benefits

- Increased user adoption of cost reports
- Increased Transparency into Venture operations