Oil & Gas
Dramatic, cyclical drop in commodity prices, Shift from volume to value, Severe margin pressures, especially Upstream decreased share price and market capitalization and above all Reduced workforce are some of the key Business Challenges that Oil & Gas Industry facing today. Additionally in their effort to participate into Digital Economy. A fragmented and outdated IT landscape, hinders ways to identify sources of untapped value. Older systems leave operators with a lack of timely access to accurate data and, as a result, it can be difficult to identify problems rapidly and resolve them promptly. Hence VisionTree has following Strategic Priorities for Oil & Gas Industry.
Strategic Priority
External Workforce Management
Mobilizing multiple service providers to respond to a shutdown or incident. Managing external workers doing activity-based or crew-based work. Ensuring proper training, licensing, and Health/Life & Safety compliance. VisionTree addresses this Strategic Priority through SAP Fieldglass Services.
VisionTree Contribution
Embedded Consolidation
TransCanada is leading north American energy company headquartered in Calgary, Canada. VisionTree has contributed with SAP Transformation experts to drive SAP BPC 10.1 embedded consolidation across their North American location. VisionTree also contributed with Change Management Leader for greenfield SAP Implementation.
VisionTree Contribution
IFRS 16 Compliance
Husky Entergy is Canada’s largest energy companies from Calgary, Canada. VisionTree SAP Transformation Expert has configured out-of-box native integration to SAP Infrastructure with SAP lease administration by nakisa to support their global compliance initiatives for IFRS 16 to create ability to leverage an existing data, including Asset monitoring, accounts payable, plant maintenance and material management.
Strategic Priority
Connected Hydrocarbon Logistics
Oil & Gas companies demand to be centrally managed and must have real-time visibility into their supply chains in order to optimize operations and decrease transportation and distribution costs. These companies also demand to reduce commodity and supply risk with integrated, flexible, and scalable supply chain processes and optimize inventory levels with demand forecasting. VisionTree’s SAP Transportation Management Services addresses this key Strategic Priority.
Strategic Priority
Connected Hydrocarbon Logistics
Oil & Gas companies demand to be centrally managed and must have real-time visibility into their supply chains in order to optimize operations and decrease transportation and distribution costs. These companies also demand to reduce commodity and supply risk with integrated, flexible, and scalable supply chain processes and optimize inventory levels with demand forecasting. VisionTree’s SAP Transportation Management Services addresses this key Strategic Priority.
VisionTree Contribution
IFRS 16 Compliance
Husky Entergy is Canada’s largest energy companies from Calgary, Canada. VisionTree SAP Transformation Expert has configured out-of-box native integration to SAP Infrastructure with SAP lease administration by nakisa to support their global compliance initiatives for IFRS 16 to create ability to leverage an existing data, including Asset monitoring, accounts payable, plant maintenance and material management.
Strategic Priority
Unified Planning & Consolidation
The Oil & Gas CFO’s Office faces multiple priorities that include the oversight of financial transactions, management of enterprise performance, attestation of financial reporting, timely close and consolidation of financial data. There is a competing demand for faster closing cycles, improved financial governance and increased transparency and reliability of data. VisionTree addresses this Strategic Priority through SAP EPM Services.
VisionTree Contribution
Supply Chain Transformation
BHP Billiton is world’s largest diversified resources company from Australia has engaged VisionTree Transformation Experts to configure bulk transportation management solution using SAP Trader’s and Scheduler’s Workbench (SAP TSW) for Iron core and Coal as commodities for successful transportation planning and execution in joint partnership with leading system integrator.
VisionTree Contribution
Supplier Transformation
Suncor Energy is leading Integrated oil & gas company from Canada has engaged VisionTree Transformation Expert to address lack of alignment among the Supply Chain, Procurement and Account Payable for better supplier integration through SAP Ariba Network in joint partnership with leading system integrator, resulted into seamless purchase order and Invoice automation and addressed Operational silos.
Strategic Priority
Mobile Asset Management
Asset-intensive enterprises, such as the Oil & Gas industry, are typically distributed across geographies and often located in remote areas and exposed to the elements, whether on an oil rig, in a warehouse or atop a high-voltage line in a rural area. Mobile-enabled solutions can help these companies move from primarily a reactive state – or solving problems as they appear – to a more proactive one where they can anticipate and address issues before problems arise. VisionTree addresses this Strategic Priority through SAP EAM Services.
Strategic Priority
Mobile Asset Management
Asset-intensive enterprises, such as the Oil & Gas industry, are typically distributed across geographies and often located in remote areas and exposed to the elements, whether on an oil rig, in a warehouse or atop a high-voltage line in a rural area. Mobile-enabled solutions can help these companies move from primarily a reactive state – or solving problems as they appear – to a more proactive one where they can anticipate and address issues before problems arise. VisionTree addresses this Strategic Priority through SAP EAM Services.
VisionTree Contribution
Supplier Transformation
Suncor Energy is leading Integrated oil & gas company from Canada has engaged VisionTree Transformation Expert to address lack of alignment among the Supply Chain, Procurement and Account Payable for better supplier integration through SAP Ariba Network in joint partnership with leading system integrator, resulted into seamless purchase order and Invoice automation and addressed Operational silos.
Aerospace & Defence
UtilitiesVisionTree Voice
Predictive Algorithms
In today’s competitive world, every enterprise wants to make most out of its assets for lower maintenance costs, to have a more unobstructed view of […]
Event-Driven Integration
Every Line of Business is expecting personalized digital experience with minimal disruptions to its business systems across multiple devices and deployment options with mobile, web, […]
Financial Reporting Landscape
In most organizations, the close process runs on functional memory as opposed to clear and specific protocols. Most of the inputs required for the close […]
Demand & Supply Balance
The supply planning algorithms in the time series model when coupled with the forecasting solution could deliver an end to end S&OP solution for efficient […]
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