ICG Team. ICG Solutions: Your challenges and seeing them through. software solutions for oil & Gas companies

Transcription

1 WHAT'S INSIDE Product Catalog, Software Solutions for Oil & Gas companies ICG Team INNOVATION CENTRIC GROUP ICG Solutions: Your challenges and seeing them through. Designing custom software solutions for oil & Gas companies Alto AP Accounts Payable Alto Drill Ready-to-Drill Alto Produce Ready-to-Produce Alto Exchange

2 TYPICAL CHALLENGES Challenges: BY ICG TEAM: NEW ARRIVALS ICG can help with the Alto Suite of Technology Solutions. Do these challenges sound familiar? Alto Accounts Payable Working with oil & gas producers in the WCSB to help their organizations work become more effective. Frustrated with the inefficiencies and ineffectiveness in your A/P process? Is it possible to reduce the costs For more info visit: associated with processing tens of thousands of invoices annually? Concerned about whether your purchase-to-pay process is under control? 2 Leaving money on the table because you re not able to take advantage of supplier early pay discounts available? Know if, and where, you re maximizing the value of the millions of purchasing dollars? Tired of hearing about delays in the process, missing pieces of paper and the time and resources it takes to track them down?...combines extensive Canadian and international experience and expertise in business process reengineering, change management and technology across a number of sectors, with real-world oil & gas industry knowhow to address our clients strategic and everyday challenges, bringing maximum value to producers in western Canada.

3 Alto Drill Alto Produce Concerned that work across functions is not as effective or efficient as you d like? Want better EPAP compliance? Want to do a better job of capturing, tracking and managing your company s ongoing inventory of drilling prospects? ICG CAN HELP Frustrated with the number of prior period adjustments required every month? Want improved effectiveness, transparency and communication across functions? Like to see more transparency and better control of your company s overall ready-to-drill process? Like better, real-time integration of work processes with your capital and financial systems? Interested in better, real-time integration of the work flow with your capital and financial systems? Frustrated with the number of errors and delays on information for government and working interest owners? Want the ability to easily and accurately look back at drilling projects and their financial performance? What we do... Get behind the wheel... ALTO SUITE Oil & Gas Technology Solutions ICG delivers real tangible benefits through technology solutions tailored to meet the oil & gas industry s specific needs. 3

4 WHAT WE DO What we do ICG TEAM ICG SOLUTIONS: delivers real tangible benefits and value to customers: specializes in Business Process Reengineering, change management and technology development Our Vision To be a We work as a trusted strategic leader in innovative partner with our clients to help strategies, processes them improve and standardize and technologies that change the way the their unique business pro-cesses, world does business and then leverage their existing every day. technology or implement new 4 Determine how to improve the processes. Automate as much of the processes as possible. We help guide our clients with technology to streamline and respect to automating their auto-mate their key processes. processes to ensure that they maximize the value they extract For more info visit from their existing technology, Using practical and implementing and integrating proven methodologies new technology only as required. The end result is a cost effective to: Identify who is involved in doing use of resources combined with quick implementation of pro-cess the work automation and improvement. Define what specifically each person does Significantly reduced costs Better crossfunctional teamwork and communication Major efficiency improvements Far fewer errors and delays in work Employees freed to work on higher value work Improved flow, and access to, data and knowledge across the organization.

5 Sample of ICG s successes Oil & Gas Producer: Re-engineered, standardized and automated company-wide Accounts Payable process Results... Ability to take advantage of supplier early-payment discounts, saving millions of dollar annually Significantly reduced transaction costs, by better capturing and moving data Improved cash management and more accurate cash flow forecasts Major reduction in the time and resources required to address errors and lost billings Ability to analyze and consolidate vendors, getting more value from millions of purchasing dollars spent. Utilized change management and technology to improve and standardize the company s Ready-to-Drill and Ready-toProduce processes results... All licensing and regulatory requirements are met, every time. Improved teamwork and communication across functions and departments Easy access to inventory of prospective drilling inventory Better alignment and speed of work across operations and finance Reduced errors and delays by automating transfer of data to other systems WHAT WE DO Oil & Gas Refiner: Utilized BPR and change management, and developed solutions to drive significant cost reduction and work process improvements results... Restructured and re-organized corporate staff functions, reducing costs by $ 6 million Developed vendor portal to improve communication and data gathering Identified opportunity and developed reporting and data warehouse, resulting in far fewer errors, improved efficiency and unparalleled business insight Telecommunications: Utilized BPR, change management and technology development to deliver substantial work process improvements and cost reduction results... Reduced purchasing costs by 20% by standardizing and centralizing bulk purchasing Restructured and re-organized corporate staff functions, reducing costs by $ 4 million Developed reporting and data warehouse, resulting in far fewer errors, improved efficiency and unparalleled business insight The right Team The ICG team......combines extensive Canadian and international experience and expertise in business process reengineering, change management and technology across a number of sectors, with real-world oil & gas industry knowhow to address our clients strategic and everyday challenges, bringing maximum value to producers in western Canada. 5

6 ICG SOLUTIONS Alto AP BY ICG TEAM: Alto AP integrates seamlessly with other systems that producers use including capital, financial, land, field data capture & document management systems. For more info visit Alto Accounts Payable Alto Accounts Payable What is it? Software developed and designed to reliably and costeffectively automate the accounts payable workflow, or what some call the complete purchase-to-pay process. What does it do? It automates and enables easy tracking of the accounts payable process from order through to invoice and payment of vendor/supplier. It is, however, much more than 6 NEW ARRIVALS that. Alto APTM: Easily integrates A/P workflow with capital, financial, land, field data capture and doc-ument management systems, etc. used by industry. Provides management an easy way to track work in progress, in real time, facilitating their ability to manage by exception as required. Efficiency, insight and significant cost savings through automation.

7 Enables oil & gas producers to view at granular, or summarized levels, theirpurchase history by vendor, business unit, or account, enabling them to see what value they are getting for their millions of dollars spent annually. Eliminates errors and delays in the process from order, through to invoice and payment. ICG worked with the producer, captured their concerns, assessed the current workflow, identified gaps, and developed a recommended plan to standardize, better integrate and then automate their A/P workflow. The result of all that work is Alto Accounts Payable. What benefits does it deliver? How was it developed? The O&G producer is thrilled with the results! They report: Alto AP was developed to address a real need, and created from within a mid-size O&G producer, here in western Canada. Ability to take advantage of supplier early-payment discounts, saving millions of dollars annually Significantly reduced transaction costs, by consistently capturing and moving data, and tracking work in progress in real-time Improved cash management and more accurate cash flow forecasts Major reduction in the time and resources required to address errors and lost billings Ability to analyze and consolidate vendors, getting more value from millions of purchasing dollars spent. The producer was not satisfied with their overall A/P processes and needed help to understand the problems and then drive improvements. They asked ICG to conduct a formal assessment, and make recommendations on how to standardize their processes, get a better handle on their overall purchasing, and help them drive costs down. ALTO AP Is it easily adaptable to other O&G producers? The simple answer is yes... Alto AP was developed so each producer defines their own A/P process, who needs to be involved, what they consider compliant and defective within the process, and then automate it. 7

8 ICG SOLUTIONS Alto Drill BY ICG TEAM Alto Drill Better management of plans and applications to drill. What is it? Alto Drill Ready to Drill Ready-to-drill functions involved in Software and data management completing the approv-al process to begin drilling, in a developed and designed to integrate, track and manage the standardized and transparent cross-functional workflow from way. For more info visit identification of a prospect through to regulatory and inalto DrillTM: house approval of formal Integrates the drilling drilling applications. application work across geosciences, engineering, accounting, capital What does it do? management, land and drilling Alto Drill is a workflow departments, etc. management tool that enables producers to capture, integrate and move data and information across the key roles and 9 NEW ARRIVALS Alto Drill integrates seamlessly with other key systems and tools that producers use ranging from Excel spreadsheets to commercial industry software and data management systems.

9 Develops a meaningful company inventory of all prospects. Ensures the sequence of regulatory and licensing requirements are met every time. Enables management to easily view, in real time, progress for each application. Captures and maintains all relevant data to be transferred to capital and financial management systems, improving accuracy and reliability. How was it developed? ALT The ICG team worked with the producer to assess the current workflow, identify gaps, and develop a recommended plan to standardize, and then use technology to better facilitate, manage and monitor the overall process. The result of all that work is Alto Drill. What benefits does it deliver? The O&G producer is very satisfied with the results! They report: All licensing and regulatory compliance needs are met, Alto Drill was developed to every time, prior to drilling address a real need within operations and finance, and was Improved teamwork and communication across functions created within a mid-size O&G and departments. producer, here in western Easy access to inventory of Canada. prospective drilling inventory Easy measurement of The producer was not satisfied performance vs. plan through with their overall process for easy look-back. drilling applications. They Better alignment and speed of engaged ICG to conduct an work across operations and assessment, engage the finance. organization to formalize a Reduced errors and delays standardized overall pro-cess and then use technology to help through automated transfer of data to other systems. facilitate that process, to better manage the movement of information, and to capture and maintain key data. Is it easily adaptable to other O&G producers? The simple answer is yes. Alto Drill was developed to enable each O&G producer to define their own specific processes, and effectively marry them with the industry regulatory and licensing processes required. 10

10 ICG SOLUTIONS Alto Exchange BY ICG TEAM NEW ARRIVALS Alto Exchange Seamless connection between suppliers and producers. With Alto Exchange, what used to take hours to do, now takes only minutes, and it virtuall eliminates errors and re-work. What is it? Industry standard business-tobusiness (B2B) portal that facilitates better communication and integration of Alto AP with supplier billing systems, further improving the overall payment process. Vendors are able to easily For more info visit submit accurate invoices and track progress of the producer approval and payment process; speeding up the process and virtually eliminating errors. What does it do? 11 It automates and integrates the supplier invoicing process with the producer payment process. It is, however, much more than that. Alto ExchangeTM: Enables vendors to provide and easily maintain an integrated online product/service catalogue, automating product coding and eliminating errors. It s a win-win for producers and their vendors.

11 Makes the customer invoice payment process completely transparent to vendors. Enables vendors to easily enter and submit invoices online, ensuring correct coding. Allows use of templates (including Excel) and easy import/export of data for repeatable processes How was it developed? Alto Exchange was developed to address a real need, and created from within a mid-size O&G producer, here in western Canada. ICG and the producer had implemented Alto Accounts Payable. With the benefits gained from the producer using Alto AP, ICG identified the opportunity to extend the automation and transparency of the AP work process, out to the interface between vendors and producers. ICG worked with the producer and suppliers, captured their concerns and developed a ground breaking B2B portal that ALTO EXCHANGETM creates a seamless connection between vendors and producers improving the quality, accuracy and speed of information flow. The result of all that work is Alto Exchange. What benefits does it deliver? The O&G producer and vendors are all thrilled with the results! They report: Coding and pricing errors are virtually eliminated through use of the Alto Exchange integrated online product and service catalogues. Vendors are being paid to terms and the producer is now taking advantage of early pay discounts. Suppliers are easily able to track their portfolio of receivables, on demand. Significant amount of time freed-up from tracking the process and correcting information within both the vendor and producer organizations. Alto Exchange saves producers and suppliers time: It ensures that information (cost centre, pricing, etc.) is entered correctly the first time, then streamlines and tracks the process for invoicing, approval and payment... 12

12 ICG SOLUTIONS Alto Produce BY ICG TEAM Alto Produce captures primary data and reuses it in all downstream applications, e.g. QByte FM, AFE Navigator, and PRISM, etc. Alto Produce Ready-to-produce What is it? across the key roles and Software and data management functions involved in making any changes to production developed and designed to related assets, creating identify, integrate, track and transparency and accountability manage the cross-functional workflow and all data related to for each step of the process. any and all production additions and changes including new Alto ProduceTM: For more info visit us wells, facilities, meters, at schematics, and pipelines, etc. Integrates work across field operations, production engineering, production What does it do? accounting and construction, Alto Production is a workflow etc. management tool that enables producers to capture, integrate and move data and information 12 NEW ARRIVALS Compliance, transparency and accountability on production work.

13 Time stamps data and work steps as they are completed, and ensures all wells meet formal requirements prior to being brought on stream. Produces schematic diagrams of additions and changes. Reuses data captured and transfers it to all downstream financial and operations systems. How was it developed? Alto Produce was developed to address a real need within operations and finance, and created from within a mid-size O&G producer, here in western Canada. The producer was not satisfied with their overall process for tracking and managing work related to production changes and integrating that information with financial systems. They engaged ICG to conduct a formal assessment, engage the relevant functions to formalize a standardized overall process and then use technology to help facilitate that process, to better manage the movement of information, and to capture and maintain key data. The ICG team applied their know- ALT how to understand the producer s concerns, assess the current workflow, identify gaps, and develop a recommended plan to standardize, and then use technology to better manage and monitor the overall process. The result of all that work is Alto Produce. What benefits does it deliver? The O&G producer is very satisfied with the results! They report: Plays a key role in supporting EPAP compliance Fewer prior period adjustments through automated transfer of data to downstream financial systems Effectively tracks production related work-in-progress and related financial data Improves transparency, accountability and communication across functions and departments Reduced errors and delays related to information for the government and working interest owners Is it easily adaptable to other O&G producers? The simple answer is yes... Alto Produce was developed to enable each O&G producer to define their own specific processes, and effectively marry them with the industry regulatory processes required. 13

14 ICG TEAM Credentilize THE RIGHT TEAM... NEW ARRIVALS The ICG team brings a successful track record and proven methodologies. to improve, standardize and automate your business processes. THE ICG TEAM brings a successful track record and proven methodologies. "The introduction of Alto AP... has resulted in significant improvements including reporting functionality, increased visibility and accountability of expenses as well as saving time with a more efficient invoice review/approval process.". John Gress - Production Foreman, NAL Resources. 14 The ICG team Focuses on understanding each client s specific needs and goals, and selects the right mix of our industry-leading resources and methodologies to successfully and cost-effectively achieve our clients objectives. No matter how a client company is structured and organized, no matter what their work processes, no matter what their existing technology... ICG has the know-how to adapt our approach, and to collaborate seamlessly with them, delivering tangible results. Examples of the know-how we bring to meet each client s unique needs: Certified Six Sigma Black Belt Best Practice philosophy and processes to engage organizations in standardizing and permanently reducing defects in cross-functional process. Business process reengineering Change management Technology development, integration and implementation

15 ICG TEAM Project Management and Project Management Office World class services for project management and execution, ensuring ongoing effective collaboration, engagement and communication with client management and employees. Customer testimonials thrilled with proved ICG Solutions: "ICG worked strategically to understand our business, the issues we were trying to solve and the benefits we were trying to achieve. They helped us plan, design and Training and implement material changes to Communications the way we captured data, managed the information, drove Excellence Proven, templated processes and accountabilities and created tranparancies across practices to ensure time- and organizational boundaries and cost-effective training and corporately while using our orientation as well as effective existing technologies. employee and stakeholder This was as much a change engagement from assessment initiative and a culture project as through to final it was a technology project. implementation. The project was longer than anticipated and took more Microsoft Certified internal effort than was Silver Partner contemplated but the value Facilitates access to complete extracted was enormous and range of Microsoft open continues to grow in the platform technologies, enabling organization as the data and effective and reliable integration information available is more with clients existing technology accurate, timely and strategic. when required. Rapid Application Development Technology industry best practice to effectively develop and implement new technology such that client benefits are realized very quickly. ICG was an excellent partner helping us through all of the cultural and technical issues of a change of this magnitude as they worked closely with us through every step of the process." Keith Steeves CFO, NAL Resources ICG, delivering value to producers everyday... "Since the implementation of Alto Exchange and Alto AP, the invoice processing and approval time have been significantly reduced. I am much more confident in the invoice handling system, which has proven cost effective and efficient. For me personally it has freed up hours of my time per week. I can now spend this time on other more valuable areas of the business." WE COMBINE THEM with real-world oil & gas experience to bring unparalleled, practical and effective solutions to oil & gas producers in western Canada. Basim Abdalla Manager, Information Technology, NAL Resources 15

16 Introducing ICG s Alto Suite of Technology Solutions, raising the bar and delivering value to mid-size producers CONTACT US To find out more, please call or us: / sales@icgteam.com