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Seven Energy deploys new budgeting, forecasting and financial planning system adding to their new finance, procurement and EnergyFlow implementation from TouchstonEnergy


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Finance Systems for Oil and Gas

TouchstoneEnergy has carried out more than 200 successful upstream oil and gas projects in 40 countries across 5 continents.

Upstream Oil and GasOur dedicated consultancy professionals have more than 400 man year’s experience in the upstream oil and gas sector. Together, we are able to bring industry knowledge together with market-leading accounting, procurement, enterprise asset management, business process management and business intelligence systems that support the growth and that add value to your business.

We have carried out 200+ successful projects for 40+ upstream oil and gas customers in 40 countries across 5 continents. TouchstoneEnergy has built an enviable reputation for delivering on time, on budget projects. Our expertise is in the delivery of automated business systems that streamline processes, increase financial control, improve management reporting and support organisational change – all of which helps drives measurable growth whilst ensuring you achieve maximum value from your investment.

Linking finance and operations with a single view

We can help you whether you are a small venture just starting out or an international and established operator. Our finance systems and business systems scale for small to large organisations and bring together financial accounting, management reporting, business intelligence, spend control, asset management, workflow and business process management. Designed to meet the needs of any international oil and gas company, we offer full multi-currency & multi-lingual functionality with real-time reporting to aid better decision-making.

Key Features:

  • Finance systems for oil and gas
  • Flexible chart of accounts with support for multiple GAAP & IFRS structures
  • Multi-company, multi-currency, multi-lingual
  • Management & Statutory reporting
  • Budgeting, forecasting, financial planning & consolidations
  • Joint venture accounting including cutback with support for caps and carries
  • Cost allocation and cost recovery & JIB billing
  • AFE Automation & analysis
  • Purchase-to-pay & Supplier on-boarding
  • Source to contract
  • Inventory control and warehouse management
  • Enterprise asset management
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