INDUSTRY CLOUD EXTENSIONS FOR 
PRODUCTION REVENUE & ACCOUNTING AND JOINT VENTURE ACCOUNTING USING BTP
PRODUCTION SEIZE THE
OPPORTUNITY
- Embracing all the benefits of cloud technology has never been easier.
- SAP’s new Business Technology Platform (BTP) offers Production Revenue & Accounting (PRA) users the ability to enhance, simplify, and automate key features & functions while minimizing the cost, implementation time, and risk associated with change.
- At the heart of the opportunity is a change in how SAP works with users to enhance its software.
- Gone are the days when core code was changed and managed by the customer. Now, using API technology, PRA enhancements are handled via third-party apps, seamlessly linked to SAP. The process is quick, comparatively inexpensive, and risk-free.
GAIN MORE & NEW
SAP VALUE
- SAP’s BTP-based approach to PRA offers users value from the outset, and value continuously.
- By simplifying and enhancing the user experience, BTP-based apps help accounting & finance personnel do more in less time—time that can be repurposed to advance other business objectives.
- Since many PRA functions are market-facing, customer satisfaction is advanced, too.
- PRA extensions is just the start. Working with partners like Sierra, SAP is renewing its commitment to Oil, Gas, and Energy by pioneering leading-edge digital transformation solutions across industry lines of business.
REVOLUTIONARY PRODUCT
FULL-FEATURED S/4 & ECC EDITIONS FOR EVERY KEY USER GROUP
OWNER RELATIONS PORTAL
- Secure & Trusted Real-time Access
- Owner Self-Service Maintenance:
- Legal Name & Address
- Bank Account Information
- Inquire/Download Data: Check & Payment History, Statements, 1099s, etc.
- 360º view of Working & Royalty Interest Owner data
- Messaging & Owner Preferences
PAYOUT MANAGEMENT
- Payout Type & Ownership Definitions
- Gross & Net Level Calculations
- User-defined Penalty Provisions
- Scheduled Payout Reporting
- Payout Balance Adjustments
FIRST PURCHASER
- Production Data Integration
- PRA Contract/Price Valuations
- PRA Ownership Distribution
- Operator/WI/RI Payments
- Reporting: Regulatory, Severance, Royalty & Statements
RECENTLY FEATURED ON GEOFFREY CANN’S
DIGITAL OIL & GAS VIDEO PODCAST!
RECENTLY FEATURED ON GEOFFREY CANN’SPOWERFUL BENEFITS
P&L OPTIMIZATION
Accelerates collections, reduces disputes, minimizes volatility stemming
from royalty/earnings.
PRODUCTIVITY OPTIMIZATION
Speeds up cash cycles, minimizes costly manual work, assures real-time integrity
of numbers, requires minimal staff to manage.
RISK MINIMIZATION
SAP endorsement means you need not worry about solution upkeep over time. Whether you run ECC or S/4,
EnerBridge will offer the most advanced bridge to SAP for the long-term.SAP endorsement means you need not
worry about solution upkeep over time. Whether you run ECC or S/4, EnerBridge will offer the most advanced bridge to SAP for the long-term.
Schedule Free Consultation Today!
Visit with us about EnerBridge, and we'll send you a free autographed copy of Geoffrey Cann's new book!
THE OWNER RELATIONS PORTAL THAT MAKES SELF-SERVICE SUPER SIMPLE
Imagine if you could elevate the satisfaction of your Working & Royalty Interest Owners while also reducing the cost-of-service delivery. Sound too good to be true?
Welcome to the experience of EnerBridge Owner Relations Portal.
EnerBridge extracts, synthesizes, and repackages core functions and capabilities of SAP systems & software in order to provide efficient interfaces dedicated to unique user profiles and interests—Owners and Operators included.
Using the EnerBridgeORE, customers have:
- Secure and trusted access to private RI/WI data in real-time
- Maintenance of Owner Profiles for managing preferences
- Maintenance of their Owner master data, including address, legal name, bank account info and other key information
- Access to review and download Check / Payment History, Run Statements, 1099s,
W-9s, etc. - A user experience with a 360º view of Working & Royalty Interest Owner Data
Designed in concert with SAP, EnerBridge allows you to confidently extend the value of your SAP investment and optimize productivity—all while minimizing service costs.
Best of all, the implementation of EnerBridge is straightforward, cost-effective, and secure.
Talk to your SAP rep about the EnerBridgeORE today. It’s available exclusively on the SAP Business Technology Platform.
THE PAYOUT MANAGEMENT APP THAT STREAMLINES THE PROCESS
Payout tracking and reporting, whether it be for operated properties or non-operated property investments has always been a challenge to manage correctly and efficiently.
EnerBridge Payout Management streamlines the Payout process through an enhanced and simplified user experience.
EnerBridge allows for both Operated and Non-Operated Payout maintenance and tracking. The solution delivers significant flexibility in the definition of the Payout terms, ensuring that Joint Operating Agreements are adhered to for properties and owners.
The system extracts required SAP PRA and JVA data and provides industry-standard calculations required to produce Payout reporting at a Gross or Owner level.
Using EnerBridgePME, customers have:
- Secure, trusted, real-time access to private data
- Maintenance of Payout terms for Operated properties
- Maintenance of Non-Operated Payout data
- Automated extracts for Gross and Owner share data from PRA & LVA ledgers
- Property and Owner level penalty provisions with overrides as needed
- Balance adjustments for simple corrections
- Easy uploads for payout balance data
- Integrated SAC reporting for partners on user-defined frequencies
- Payout projections using SAC, delivering state of the art analytic tools
- Payout Statements published to the EnerBridge Owner Relations Portal
Designed in concert with SAP, EnerBridge allows you to confidently extend the value of your SAP investment and optimize productivity—all while minimizing service costs.
Best of all, the implementation of EnerBridge is straightforward, cost-effective, and secure.
Talk to your SAP rep about EnerBridgePME today. It’s available exclusively on the SAP Business Technology Platform.
MANAGE FIRST PURCHASER VOLUMES, VALUATIONS & MORE THE SIMPLE WAY
Not all Production Revenue Accounting solutions are alike. Take, for example, the world of First Purchaser Accounting. Used to be that Finance Pros would need to sift through a mountain of data in order to get to the core of owner-relevant information.
But now there’s EnerBridgeFPE, a new software solution built by and for energy experts.
EnerBridge extracts, synthesizes, and repackages core functions and capabilities of existing SAP systems & software in order to provide efficient interfaces dedicated to unique user profiles and interests—First Purchasers included.
EnerBridge blends business, technology, and development know-how into a unified and easy-to-use platform.
Using it, you’ll confidently extend the value of your SAP investment, optimize productivity, yet minimize fatigue with these core First Purchaser functions:
- Production Data Integration
- PRA Contract/Price Valuations
- PRA Ownership Distribution
- Operator/WI/RI Payments
- Reporting: Regulatory, Severance & Royalty
- Operator Statements
Best of all, the implementation of EnerBridge is straightforward, cost-effective, and secure.
Talk to your SAP rep about EnerBridgeFPE today. It’s available exclusively on the SAP Business Technology Platform.
Sierra Digital helps Oil & Gas leader find its TrueNorth
Using SAP Analytics Cloud, Sierra Digital helped an Upstream Global Leader in Oil & Gas discover new riches buried deep in its data.
Toyota Taps Sierra Digital for IFRS16/ASC842 Compliance
One of the World's Largest Auto Manufacturers turned to Sierra Digital for its expertise in Contract & Lease Management Compliance. The Use Case proves our value.
Download Our Latest WhitePaper: This Edition on CLM
Read our White Paper to learn more about Sierra Digital's full scope of thought on Contract and Lease Administration, including our Methodology, Toolware and Accelerators.
Contact us today to learn how we can help you simplify, extend, and enhance the value of SAP to your intelligent enterprise.