Oil and gas industry is among the many beneficiaries of this technology. With workforces spread in distant geographical locations, Enterprise Resource Planning or ERP solutions give business owners the peace of mind in the knowledge that they have access to tools to address day-to-day business challenges that ensure growth for the business.

2. Overview
Complex business problems require application of
innovative thought rather than a splash of money.
Business leaders have acknowledged this fact for
long and technology has come forward to prove
them right on every occasion.

3. Something similar occurred when businesses expanded beyond geographical boundaries
and technology came to their rescue by enabling faster, secure and efficient
communications and data transfers. Oil and gas industry is among the many
beneficiaries of this technology.

4. Something similar occurred when businesses expanded
beyond geographical boundaries and technology came to their
rescue by enabling faster, secure and efficient communications
and data transfers. Oil and gas industry is among the many
beneficiaries of this technology.

5. With workforces spread in distant
geographical locations,
Enterprise Resource Planning
or ERP solutions give business
owners the peace of mind in the
knowledge that they have access to
tools to address day-to-day
business challenges that ensure
growth for the business.

6. When it comes to ERP solutions, SAP and Oracle are undoubtedly the biggest ERP
software development companies. But thanks to the leaps in technology, many open
source ERP solution providers are available today that accomplish the same task of
enabling ease and efficiency of business operations.

7. Monitoring daily tasks and employee performance
Tracking daily critical field operations like land and water
management, rig management, fleet tracking, compliance
documentation, and site engineering, along with project
and employee progress is crucial for efficient business
operations

8. It is physically impossible to travel to each remote location to
collect the required data. ERP solutions make it easier done
than said for supervisors and team leaders to connect with the
workforce in these locations and collate the data in real time.

9. Reduced operational costs
ERP solutions are deployed in a central
location with remote locations connected
as nodes to the central servers. This
immediately reduces the capital
requirements of having to deploy
additional personnel at the remote
locations to accomplish any task.

10. Open source ERP software come
loaded with functions like file transfer
protocols, shareable calendars, email
and chat communications, that enable
better management of data streams
and help in efficient decision making
while ensuring data security and
integrity across locations.

11. Enable collaborations, communications and problem solving
Open source ERP software have
plenty of features that enable faster,
secure communications between
teams. Team sites, blogs and
information portals within ERP
solution structures can help increase
productivity of teams by enabling
communications in real time and
allow employees from different
locations to collaborate on projects.

12. It also allows teams to connect
with experts and access their
opinion in a more cost effective
manner. The information stored
on these internal use portals can
then be used as information
repositories for future training
and reference purposes as well.

13. Customized view of business processes
Whether it is an open source ERP software or a
proprietary ERP solution, it comes with
customizable front-end and back-end
functionalities that can be molded to suit business
requirements.

14. This enables a consolidated view of the business
processes for the leadership teams that are often
placed at a location far away from field operations and
need critical data in real time to address compliance
and regulatory issues related to the business.

15. Business performance analytics
Supervisors and managers can access
employee progress in real time. Analysis
reports and performance metrics of teams
and individuals assist the management in
adjusting strategies that are
underperforming and boost the ones that
are performing well.

16. • ERP solutions possess the capabilities of facilitating smooth operations and
increased efficiency required in the oil and gas industry.
• An ERP software development company that understands these needs of the
industry and can deliver cost effective solutions suited to oil and gas sector with
open source ERP software can surely add to efficient and smooth operations of
this high-stakes industry.
Conclusion

17. Image Courtesy
• www.moldaservices.com
• www.oilgasassociates.com
• ncentric.com
• findwallpaper.info
• alfa-img.com
• www.wallpaperup.com
• www.roxtec.com

18. THANK YOU
KNOWARTH Technologies Pvt. Ltd.
Address: 11, Aryan Corporate Park, Nr. Shilaj Railway Crossing, Thaltej, Ahmedabad – 380059, Gujarat, INDIA
Email: marketing@knowarth.com | Website: www.knowarth.com
marketing@knowarth.com | www.knowarth.com