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How to Break Free from Legacy Systems as an Oil and Gas Company

    Oil and gas companies are well-positioned to benefit from technology that offers sharper control, improved visibility, and scalable financial operations. 

    Many finance leaders are already rethinking how they manage their core systems. 

    By moving away from older, rigid tools and adopting modern platforms like SunSystems and UniFi, companies can reduce costs and make room for smarter decision-making. 

    Legacy systems often limit how quickly you can act on insights or adjust to new regulatory demands. Financial data may be fragmented across departments.

    Manual processes and workarounds slow things down.

    Instead, a modern financial platform gives you a clean structure for managing operations across business units, countries, and currencies.

    Moving On from Legacy Finance Systems Without Losing What Matters 

    Modernising your finance system does not have to mean stripping everything back—or disrupting the entire ecosystem of business applications your oil and gas operation already relies on—and starting from zero. 

    In fact, most organisations we work with are not looking for a radical change — they are looking for a system that is easy to use, without the challenges that come with their current system. 

    As a company that has helped several energy firms switch from legacy finance systems over the past 25+ years, we know the biggest concern is not always change — it is loss. 

    Loss of features, control, or the reliability of a system that has been in place for years. 

    But modern financial platforms do not force that trade-off. 

    You still get the essentials — multi-entity accounting, detailed reporting, and integration with your production systems and procurement tools — without the overhead of older setups. 

    Cloud deployment reduces infrastructure costs, automation cuts down manual work, and updates are far easier to manage. 

    Modern financial management systems like SunSystems from FinanSys offer that balance. 

    You get strong accounting functionality, built for complex oil and gas operations, without the cost and rigidity of legacy systems. 

    The result? A system that supports your finance team better — and resolves the issues that slow your growth. 

    Why Oil and Gas Need Better Integration 

    The oil and gas sector depends on accuracy, compliance, and the ability to respond quickly to price fluctuations and reporting changes. 

    With SunSystems and UniFi, you gain full visibility over your financial position from one central source. Transactions are captured once and then flow across ledgers, asset records, and reports in real time. This helps teams reduce duplication and effort. 

    For companies with joint ventures, subcontracting, or international activity, the ability to consolidate and drill down is key. 

    SunSystems allows you to report by region, cost centre, or project with a flexible chart of accounts. UniFi supports this further with the automation of workflows such as intercompany accounting, consolidation, exchange rates, and more. 

    Lower Total Cost of Ownership 

    By shifting from legacy platforms to SunSystems and UniFi, you reduce infrastructure and maintenance costs. 

    These platforms require fewer manual interventions and deliver higher accuracy in less time.

    Oil and gas companies using hosted or cloud versions also benefit from stronger security and predictable costs. 

    IT teams spend less time on system upkeep and more time supporting core operations. 

    Step-by-Step Migration Without Disruption 

    Moving systems does not mean halting operations. The migration approach with SunSystems and UniFi is built for continuity. 

    You start with a full review of your processes and data. From there, FinanSys maps out a plan for configuration, testing, and phased rollouts. 

    This ensures each business unit moves at the right pace with minimal impact on day-to-day activity. 

    Data is cleansed and validated before being moved. Users are trained through clear, hands-on sessions. 

    Once the new platform is live, FinanSys continues to support your team with issue resolution, training refreshers, and system tuning. 

    Ready for the Next Step 

    If you are looking for greater agility and reduced cost in financial operations, now is the time to evaluate your options. 

    With SunSystems and UniFi, oil and gas companies in can build a financial system that supports growth, improves control, and removes barriers. 

    Get in touch with us today to find out more about how we can help you!

    Related Posts:

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    • 5 Must-Have Features for Oil and Gas Accounting Software
    • Infor SunSystems Enhancements for Oil and Gas Companies
    • How Automation Fuels Financial Efficiency in Oil & Gas
    • Why Finance Teams in Oil & Gas Need a Seat at the Asset Management Table
    • Bridging Procurement and Accounts Payable with Integrated Systems
     
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    • FinanSys25 Event Recap: Highlights from the Day
    • How to Automate Finance Processes
    • Why Finance Teams in Oil & Gas Need a Seat at the Asset Management Table
    • How Finance Teams Can Unlock the True Cost of Underperforming Assets 
    • How to Break Free from Legacy Systems as an Oil and Gas Company
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    • Home
    • About
      • About FinanSys
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      • Partners, Accreditations & Memberships
      • Careers
      • Privacy Policy
    • Solutions
      • Sunsystems Solutions
        • SunSystems Financials
        • SunSystems Cloud
        • Query & Analysis Reporting
        • Sharperlight Reporting
        • Process Automation for SunSystems
        • Bank Payments
        • Making Tax Digital
        • Finansys Cloud
        • Spindle Document Delivery
        • Infor d/EPM
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        • Oracle NetSuite Business Management Solutions
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        • Professional Services Automation
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