Overview and Capabilities

Transcription

1 Overview and Capabilities

2 Introduction to Amalto Technologies solutions Technology-enabled solutions that deliver value e- Business Cloud TM Cloud- based B2B integra3on services enabling direct electronic exchange of business documents between trading partners Field- to- Finance TM End- to- end DSO reduc3on service that combines the best of electronic field 3cke3ng and data capture with electronic invoicing 2

3 What could reduced DSO mean for your company?! DSO reduction may have a Million $ impact on your EBITDA 3

4 High DSO: paper field ticketing and manual invoicing are the greatest culprits Challenges with Paper Tickets & Spreadsheet Templates! Best-guess pricing! Re-keying of data! Errors! Missed revenue and billed hours! Inaccurate and untimely reporting! Integration with other systems! Difficulty tracking revenues to assets! Limited visibility into real-time revenue and costs! Highly manual administration - Workflow, approval, scanning, keying data (internal and external) Challenges with Manual or Partial e-invoicing! Slow invoicing cycle time! Unnecessary FTE and other related manual costs! Reworking error-ridden invoices! Non-scalable, nonstandardized practices! Higher cost per invoice 4

5 Paper-based processes have a huge impact on Time-to-Invoice (TTI) and DSO Steps Paper and mail delivery Field-ticket creation 1 day Field-ticket customer approval Field-ticket delivery Field-ticket internal routing/ approval Invoice creation Invoice approval Invoice delivery Managing rejected invoices Invoice approval buyer Payment Total 7-14 days days days 1 day 2 days 2-3 days 1-2 days 1-5 days 30 to 45 days days 5

6 Moving from paper processes to full automation with Amalto F2F will drastically reduce TTI Steps Paper document and mail delivery Field Operation Field-ticketing process 25 to 45 days Oilfield Services Operators Invoicing process Payment process 5 to 15 days 45 days Total days Field Operation Oilfield Services Time to invoice (TTI) if Paper based + Manual = 30 to 60 days TTI if Mobile + Cloud Automation = 10 to 30 days 6

7 The first end-to-end solution streamlining the process from job creation to electronic invoicing! Comprehensive cloud solution combining a web portal and mobile app (supporting online / offline modes) dedicated to electronic field ticketing and e-invoicing! Integrated/synchronized with internal systems (ERPs, databases )! Features include - Price list management - Job creation & dispatch - Ticket creation & completion - Customer approval via digital signature on mobile device or web portal - Internal approval workflow - Bill creation from multiple tickets - Electronic invoicing to Customers 7

8 Combining e-field Data Capture and B2B Integration in order to reduce DSO The Oil & Gas industry s first, end-to-end DSO reduction service from the field! office! customer! Fully managed complete with business process analysis, design, implementa0on and support! Integrated with ERP/accoun0ng system (customers, price lists, invoices )! Leveraging a combina0on of mobile and cloud technologies Key Features! Leveraging master data synchronized from ERP! Capturing transac0onal, payroll and opera0onal field data u0lizing a laptop or handheld device! Field 0cket templates designed for specific oilfield services! Electronic invoicing! Bi- direc0onal exchange of suppor0ng business documents! Adheres to PIDX standards (Petroleum Industry Data Exchange) 8

9 Achieving Financial and Operational Excellence Operational Benefits Improves clarity and accuracy of field data Improves pricing and contract management Eliminates re-entry of field data Enables real-time utilization and revenue reporting Streamlines approval process Expedites cycle time between the field and office Enables proactive operations management Financial Benefits Improves accuracy and speed of invoicing Increases visibility into Receivables Minimizes disputed invoices Improves capital management Enables direct invoicing from ERP and eliminates re-keying of data Reduces A/R costs and enables reallocation of FTE Improves regulatory compliance Reduces missed revenue 9

10 Electronic Field Ticketing - Methods of Data Capture Primary Methods of Capturing Remote Field Data Tablet Smartphone Laptop Typical Applications Fluid Hauling Tankers, Hydrovac Units, other Field Service Unit Drilling Contractors and Remote Oilfield Services Key Features Digital Field Ticket Creation Wireless Field Ticket Transfer Wireless Database Updates Form Data Capture Functions in Sync and Not Sync Electronic Signature Capture Business Rule Enforcement Dispatch Functionality Advanced Pricing Price books & Customer Contracts 10

11 Combining field data capture with B2B integration services Chesapeake Denbury Anadarko Encana ExxonMobil ERP Invoice Apache Husky 11

12 Combining field data capture with B2B integration services Field Site Field Ticket Chesapeake Denbury Anadarko Encana ExxonMobil ERP Invoice Apache Husky 12

13 Optimizing the exchange of information from the Office to the Field Engineer to the Customer Amalto Field-to-Finance: from job dispatch, field ticket creation and approval (via a portal or onsite via a mobile device) to e-invoicing Company man Enterprise Field Site FT approval/ signature Master Data (accounts, price books, resources, locations ) 2. Job dispatch 3. Field ticket 4. Bill (no tax) 5. Invoice 1 ERP 5 4 Trading Trading partners Trading partners partners 13

14 Based on two Amalto products, leveraging mobile & cloud technologies Amalto Field-to-Finance: from job dispatch, field ticket creation and approval (via a portal or onsite via a mobile device) to e-invoicing Field Site 2 Company man Enterprise FT approval/ signature Master Data (accounts, price books, resources, locations ) 2. Job dispatch 3. Field ticket 4. Bill (no tax) 5. Invoice ERP 1 5 Trading Trading partners Trading partners partners 14

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