TouchstoneEnergy: Three Wins, Three Months

Improving Efficiency in the Renewable Energy Sector with Enterprise Asset Management, Asset Performance Management and Financial Automation and Reporting Solutions 

20.07.17

LONDON, July, 20th, 2017

TouchstoneEnergy has firmly fixed their place as the Energy Sector‘s leading providers of IT Business Management Solutions and Services.

TouchstoneEnergy’s dedication to the industry’s unique requirements and a long standing history of delivering on-time, on budget solutions including Financial Management and Reporting, Procurement and Spend Control, and Expense Management has resulted in being awarded three new projects with leading international Upstream Oil and Gas organisations in the space of three months!

TouchstoneEnergy were selected for their ability to provide best-of-breed Business Management Solutions, tailored to meet the specific demands of energy organisations. All three companies that required a new solution each faced different challenges but in particular sought to implement solutions for:

  • Financial Management, Reporting and Analysis
  • Procurement and Spend Control Management
  • Expense Management

One of the major reasons behind TouchstoneEnergy’s success is their experience in implementing these solutions worldwide. TouchstoneEnergy understands the need for true multi-currency, multi-lingual functionality to allow businesses to operate efficiently from both Head Office and regional locations and to reduce time converting and reporting financial data.

TouchstoneEnergy only work with tried and tested solutions including Infor 10 FMS Business (SunSystems), Proactis and Professional Advantage, all of which are scalable to meet a business’s growing demands and offer features for Energy organisations that are simply not available in competing products.

TouchstoneEnergy maintains excellent relationships with all of their partners ensuring that the company’s experience in delivering projects within the sector is mirrored in the product development. As a result TouchstoneEnergy are able to offer exclusive solutions to the Energy Sector such as our Business Process Management platform designed to manage industry recognised issues such as AFE processing and approval, time and expense writing and HSE compliance.

TouchstoneEnergy’s sole focus in the Energy Sector means businesses can benefit from the experience gained implementing and supporting systems across the existing client base.

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Training

Whether it is refresher training, teaching new member of staff or learning new software, TouchstoneEnergy clients can take advantage of our training services, delivered in bitesize chunks.

Whether your training needs are delivered on site at your office or in our training centre, you can be assured that training and tuition will be delivered by industry experts, experienced in dealing with new and existing users of our systems.

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Support

Our UK-based support Helpdesk team are technical and application experts in all our solutions. They provide our clients with peace of mind that if you experience any issues with your software, when you partner with TouchstoneEnergy there's no need to worry - help is there when you need it. With the choice between an Essential or Premium Support Plan, we give our clients a comprehensive service - whether you want to report a fault or have a question regarding the use of your software.

We work to a published SLA giving our clients the benefit and peace of mind that we do what we say.

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Cloud Hosting & Managed Services   

With over 250 years combined experience of deploying business systems to the Energy sector, our team has the necessary skills and industry knowledge to configure and align your solution with your business processes. With high quality data management solutions and post-deployment support, it's never been easier to manage your business' reporting requirements and strategic management capabilities while reducing spending in the long term.

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System Optimisation

At TouchstoneEnergy, we understand that even the best ERP and EAM systems need regular review and refinement to stay aligned with evolving business goals. That’s where our System Optimisation service comes in.

We work closely with you to analyse how your current system is performing and identify areas for improvement — whether it’s simplifying processes, improving data flow, enhancing reporting, or unlocking underused functionality.

Our proven optimisation frameworks help energy and natural resources companies maximise return on investment, reduce operational friction, and support better decision-making.

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Business System Integrations

We provide Energy companies with an integrated Infor Enterprise solution which comprises of Financial Accounting, Budgets & Forecasts and EAM technology. We provide technical support which helps your business to achieve its goals, and/or with regulatory compliance where necessary.
We have a hands-on approach, working with your team to configure and develop the solution to suit your business needs as well as providing end user training – helping you to streamline your business processes and improve operational efficiency.

Following our initial audit, our specialists will select the right platform to meet your organisation's goals, adopting the best tech solution for your needs.

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System Review

If your finance or business system is no longer meeting your organisation’s requirements, chances are that the system itself is not the issue, but instead it requires updates to ensure it aligns with the changes being made within your business.
Drawing on our extensive experience in the Energy sector, we can review your system and revive it, with optimised and integrated processes, to provide a firm foundation for expansion and ensure that it meets your business needs.

Regulation of all of the systems within your organisation - governance and business processes, time management, money management (including accounting and tax obligations) - is key to a successful project, and to a professional environment generally. Our team can identify where potential issues lie, and use the data we collect to implement new, more effective strategies.

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Implementation and Upgrades

Whether you are considering an ERP project or have already purchased an Infor Solution, implementing a new system will significantly impact the way your organisation operates, so it's important that you select the right implementation partner.

We take the time to listen, learn and understand the requirements of your business, completing a full audit of your business' needs in the first instance. We pride ourselves on being a focused team that truly values what our clients require from their investment, and ensure we achieve success.

Our ERP solutions enable you to leverage industry best practices, run mission-critical operations effectively, and gain insight into each role within your organisation, so that you can adapt to changes.

Our cloud ERP tool is designed for every business, and uses analytics to help with decision making in your organisation.

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