How Back-Office Outsourcing Can Take Your Company to the Next Level

No matter the size, every business eventually reaches the point where they must decide whether to remain at the status-quo or change directions if they want to continue being successful. With back-office outsourcing, your company can pursue a more focused and strategic course of action that helps you take the right steps forward. In this […]

What you Should Know About Oil & Gas Accounting

Accounting for the oil and gas industry isn’t for the faint of heart. You must possess a deep breadth of knowledge about contemporary financial techniques and how they apply to the energy industry. In this article, we’ll touch on the following: The concept of best practices The fundamentals of oil and gas accounting The key […]

Five Ways Leaders Can Reduce Their Operating Expenses

Your firm has experienced a few good months recently. Maybe you’ve successfully acquired additional wells, finally have a smooth land administration process or efficient transportation strategies. Yet – when viewing your most recent quarterly reports, you notice the margins appear tighter than forecasted – thanks to inadequate controls on your operating expenses. This article provides actionable […]

5 Top Traits of Leading Managed IT Service Providers

Thanks to the technology powering your office and worksites, you can produce quality work more efficiently than ever. You can share files, communicate across long distances, perform equipment maintenance, and collect essential data about all of it. But many business leaders can’t address problems with their digital systems because they’re focused on their core business […]

How Data Analytics Will Improve Your Business

Data is everywhere. It’s constantly collected, analyzed, and used by businesses of every shape, size, and description. However, not all data is created equal. As a business owner,  you must determine the essential key performance indicators (KPIs) that will help you grow. That’s the end goal of data analytics: To drill down through the crust […]

Understanding the 4 Types of Data Analytics

Companies increasingly grapple with how to handle the sheer amount of information they can collect from customers and business partners. Data analytics helps them sort, parse, and convert raw data into key performance indicators (KPIs) and actionable business intelligence. The methods by which we analyze data can be sorted into four core categories. These four […]

Using Big Data Analytics for Oil & Gas

While the concept of “big data” has been in the public consciousness for several years now, far too few companies actually take advantage of what it offers. They’re convinced that it doesn’t apply to them, that it costs too much, or that it’s just not right for them right now. In reality, big data analytics […]

How to Leverage Technology to Cut Costs & Achieve Growth

In this article, we’ll focus on four proven technology approaches that can benefit your upstream and midstream oil and gas company. These approaches will address your current struggles,  position your company to scale, and streamline your operations to weather the next time the business cycle points downward. 1. Digitize Your Back Office and Field Operations […]

6 Essential Elements of a Business Risk Assessment

As the adage goes, “An ounce of prevention is worth a pound of cure.” Unfortunately, far too many people fail to embrace this truth and never prepare for the unknown.  We’ve discovered 6 essential elements for conducting a business risk assessment that protects your company. Being prepared will always give your business the upper hand […]

Leveraging Technology to Cut Costs & Concerns

The energy industry is very cyclical and, while companies should take advantage of economic ups and market changes that give them an edge, it is imperative to keep in mind that a downturn will follow. It is easy to focus on growth without having a Plan B, which causes concern as companies depend heavily on […]