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 A fragmented and outdated IT landscape, hinders ways to identify sources of untapped value.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.
VisionTree Voice
Event-Driven Integration
Any Enterprise system mostly deals with a lot of heterogeneous systems, each one catering to a specific requirement of the overall ecosystem. Individual systems for […]
Group Reporting
Data Quality, Speed, and Transparency are the new normals for CFO in the dynamic economic situations when it comes to fiscal consolidation and group reporting […]
Real-Time Margin Analysis
In a highly competitive business scenario, organizations leave no stone unturned that provides valuable insights to improve their profit margins and stay ahead of the […]
Accruals Management
In the current business environment where change is constant and technology advances at an incredible speed, accrual accounting offers significant advantages over traditional methods. Since […]