Infor SunSystems is a powerful, easy-to-use financial management system (FMS) built to support oil Exploration and Production (E&P) companies in ways that you can streamline operations, maximise production and revenues, and improve business efficiency.
It’s flexible enough to meet the unique needs of any company in the industry, whether you’re a small independent operator or a large multinational corporation.
This industry-leading accounting software provides visibility into all the moving parts of business operations, transforming financial information into profitable action. It also provides a global view with unmatched flexibility, adaptability, and speed while letting you generate powerful real-time reports with reliable data from all your locations.
On the other hand, HxGN EAM (formerly Infor EAM) is a comprehensive Enterprise Asset Management solution that optimises equipment maintenance and operations, reduces downtime and associated costs, and improves safety and environmental compliance.
The system provides users with the ability to manage all aspects of their assets from a centralised location, including inventory, work orders, preventive maintenance, and more.
Enhancements for SunSystems and HxGN EAM
Both Infor SunSystems and HxGN EAM offer a rich set of functionality as standard. However, many organisations find that they need to make enhancements or additions to the functionality in order to meet their specific business requirements.
As a leading and trusted provider of Infor SunSystems and HxGN EAM, FinanSys has a wealth of experience in delivering tailor-made solutions that meet the specific needs of organisations, including those in the oil and gas industry.
We have a proven track record in delivering successful enhancements to both the Sun accounting software and Hexagon’s enterprise asset management system.
What Enhancements are available for SunSystems and HxGN EAM?
Some of the areas where we can deliver successful enhancements for SunSystems include:
- Process automation: Whether it’s financial or other business processes, with our best-in-class process automation tools, we can help you automate manual processes and workflows in many ways, saving you time and money.
- Workflows: We can design and implement workflow solutions that will improve the efficiency of your finance operations.
- Middleware and integration enablement: Using an incredibly powerful Data Connector, we have extensive experience in enabling the integration of business systems to give you and your team a unified view of your business data.
- OCR: We can help you implement Optical Character Recognition (OCR) solutions to automate and rationalise the capture of financial data from invoices, receipts, and other documents.
- Document management: We can help you develop a document management solution that will improve the way you store, retrieve, manage, and share financial and non-financial documents.
- Business intelligence: We can help you develop reporting and analysis solutions that will give you greater visibility into your business operations, including financial insights and asset data. The average EAM system on the market severely lacks business intelligence. With our business intelligence enhancement solution, any system (and any number of systems) can connect to show one line of reporting.
- Supplier onboarding and supplier management: We can streamline your supplier onboarding process and help you manage your supplier relationships in a way you can get maximum value from the very start.
- Expense management: We can help you develop solutions designed to specifically help oil exploration and production companies manage expenses more effectively.
Why Enhance Your Financial and Asset Management Systems?
There are many reasons why upstream oil firms choose to enhance their accounting system or asset management solution. Some of the most common reasons include:
- Improved efficiency and productivity: By automating processes and improving workflows, your company can realise significant improvements in efficiency and productivity.
- Higher quality and accuracy of data: By implementing OCR and document management solutions, you can improve the quality and accuracy of your financial and non-financial data.
- Better and faster decision-making: By implementing business intelligence solutions, you can give yourself and your team greater visibility into your business operations, which will enable you to make more informed decisions.
- Save time and money: Enhancing your accounting and EAM solutions can save you time and money in the long run. The improvements in efficiency and productivity will lead to direct cost savings, while the higher quality data will enable you to make better decisions that could save you money in the future.
- Better relationship management: Whether it is with customers, suppliers or other stakeholders, implementing solutions that streamline your operations can help to improve your relationships. For instance, by streamlining your supplier onboarding process and implementing supplier management solutions, you can improve your relationships with suppliers. This can lead to improved terms and conditions, as well as lower prices.
SunSystems and Hexagon’s EAM are both powerful business systems. But even better, both solutions can be further enhanced to meet the specific needs of any oil exploration and production company.
At FinanSys, we have a proven track record of delivering successful enhancements and additions to both Infor SunSystems and HxGN EAM. So if you’re looking to take your business to the next level, we can help.
Book a free Oil & Gas consultation call
With more than 100 years of combined experience, our team is ready to take on your Oil & Gas Asset Management needs. We understand the challenges of your industry and are ready to help you overcome them.
To get started, schedule a free consultation call today to see how we can help you.