EZTRAK specializes in managing Shutdowns, Turnarounds, and Outages (STO) within the oil and gas industry. Its suite includes three modules: Pilot for planning, Vault for cost tracking, and Flow for material management. These tools collectively streamline complex workflows, enhance efficiency, and provide real-time insights.
Best For: Companies seeking specialized solutions for managing complex turnaround projects with an emphasis on efficiency and integration.
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Oracle Fusion Cloud ERP offers a comprehensive suite designed to streamline financials, supply chain, and project management. Its cloud-based infrastructure ensures scalability and real-time data access, making it suitable for large enterprises.
Best For: Large enterprises seeking a scalable, integrated solution with a strong emphasis on financial and supply chain management.
“The tool is more thoughtful and efficient...The tool compels all the business risks.” – Giespa N. (Finance, Consulting)
“Seamlessly integrate multiple business functions into one cohesive platform.” – Shweta S. (Finance, Education)Source
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Microsoft Dynamics 365 Business Central is an all-in-one business management solution that integrates operations, finance, sales, and customer service. Its flexibility and user-friendly interface make it suitable for mid-sized companies.
Best For: Mid-sized companies looking for a flexible, integrated solution that aligns with existing Microsoft infrastructure.
“Dynamics 365 Business Central has transformed our operations with its seamless integration with other Microsoft products.” – Capterra
“I like the ease of personalization & the flexibility of Software. It is easy & very user friendly.”
“Highlights the wholes in your data and as said earlier it is very user friendly. It is surely value for money.” – G2 Review
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SAP S/4HANA is an intelligent ERP suite designed to run on the SAP HANA in-memory database, providing real-time analytics and integration across business processes. It's tailored for large enterprises requiring deep insights and automation.
Best For: Large enterprises seeking a robust, real-time ERP solution with extensive industry-specific capabilities.
“It helps cater to small and medium businesses, allowing them to grow and start their businesses on day 1 with additional support, maintaining privacy and support with no upfront investment. Implementation and integration work very efficiently.” – G2 Review
“SAP S/4HANA provides deep insights into our operations but requires extensive training.”
G2 Review
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Infor CloudSuite Industrial (formerly known as SyteLine) is designed for manufacturers, offering tools to manage end-to-end operations, from planning and sourcing to production and fulfillment.
Best For: Manufacturing companies seeking a tailored solution to manage complex production processes.
“I like the ease of personalization & the flexibility of Software. It is easy & very user friendly.” – G2 Review
“Highlights the wholes in your data and as said earlier it is very user friendly. It is surely value for money.” – G2 Review
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Oracle NetSuite is a cloud-based ERP solution offering integrated financial management, CRM, and supply chain capabilities.
Best For: Mid-sized to large enterprises seeking a unified business management platform.
“NetSuite has helped with financial transparency in our company, tying our inventory in with our accounting better than our previous system.” – Capterra
“NetSuite offers true MRP for the manufacturing company that has outgrown spreadsheets or other informal processes. With the added integration of CRM, Projects, etc., it is possible to migrate several systems into one integrated solution.” – Capterra
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Enertia Software is a specialized ERP solution for upstream oil & gas companies, focusing on financial reporting, production tracking, and asset management. It is widely used for exploration and production (E&P) companies looking for a robust land management and accounting system.
Best For: Upstream oil & gas operators needing production tracking, land management, and financial reporting tools.
“It is a smooth system which keeps track of all your data without crashing or giving any issues.” – G2 Review
“Enertia is an older system but it works well. I enjoy the easy interface and the flawless transitions from screen to screen.” – G2 Review
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Orion Alliance is a comprehensive ERP system tailored for midstream and downstream oil & gas companies. It provides real-time operational insights, asset tracking, and risk management.
Best For: Companies looking for an integrated ERP system with strong asset tracking, financial controls, and compliance features.
“Orion ERP is a great tool to manage resource planning and it has equipped us with business management like Human resource management and also with inventory management.” – G2 Review
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DMS ERP is an all-in-one ERP software designed specifically for oilfield service businesses. It helps companies manage billing, resource planning, and job costing efficiently.
Best For: Oilfield service providers needing efficient workforce management, job costing, and real-time reporting.
“What I like most about this product is that: It simplifies the processes, it has dynamic models, and it is easy to implement.” – Softwareadvice Review
“dMACQ DMS meets our Content Management requirements with integrated BPM.” – Capterra Review
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Deltek ERP is tailored for project-based industries, making it a perfect fit for oil & gas engineering, procurement, and construction (EPC) companies. It provides comprehensive project tracking, financial oversight, and resource planning.
Best For: Oil & gas engineering, procurement, and construction (EPC) companies looking for project-based ERP solutions.
“A great product for timesheet and expenses management for corporate companies. We use the same application in our organization to manage all users' timesheets and expenses.” – Gartner Peer Insights
“A functionally good but slightly slow software. I use Deltek Maconomy day to day for filling my timesheet and also to check if there are any payables or refunds.” – Gartner Peer Insights
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Acumatica Cloud ERP is a flexible and affordable ERP designed for small to mid-sized oil & gas companies needing financial, inventory, and operations management.
Best For: Small to mid-sized oil & gas businesses seeking cost-effective, cloud-based ERP solutions.
“And if you already have a solution, Acumatica's robust API makes integration very easy, it has very good integrations with other software.” – Software Advice
“The program is strong, the ability that you can use from the cloud for me is the best, I can work in the cloud from my office or from my client office, that saves time to me, and money to my client.” – Software Advice
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Sage X3 is a flexible ERP solution that helps oil & gas companies manage financials, procurement, and operations efficiently.
Best For: Oil & gas enterprises looking for a highly customizable ERP with strong financial management capabilities.
“I like the look and feel of the system and ease of opening other functions from the same screen.” – Capterra Review
“Sage X3 is a great solution in our company to keep order in our sales management, helping us from the accounting part to the inventory issue with great accuracy.” – Capterra Review
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| ERP Solution | Best For | Pricing | Free Trial | Website |
|---|---|---|---|---|
| IFS Cloud | Asset lifecycle management | Custom Pricing | No | Visit Website |
| Epicor ERP | Manufacturing & field service | Custom Pricing | No | Visit Website |
| Quorum Software | Digital transformation in energy | Custom Pricing | No | Visit Website |
| TallyPrime | Simplified accounting for SMEs | From $10/month | Yes | Visit Website |
| Workday ERP | Human capital & workforce management | Custom Pricing | Yes | Visit Website |
| Versa Cloud ERP | Small to mid-sized businesses | Custom Pricing | Yes | Visit Website |
| JD Edwards EnterpriseOne | Field operations & logistics | Custom Pricing | No | Visit Website |
In this article, we’ll break down the essential features to look for in an oil and gas ERP solution, ensuring that you make an informed decision that meets both your operational needs and strategic goals.
Why It Matters:
The oil and gas industry is highly regulated, with stringent financial reporting and compliance requirements. An ERP system that integrates financial management tools will not only help streamline accounting but also ensure you meet industry standards and regulatory demands.
Key Features to Look For:
Why It’s Essential:
Oil and gas companies need to comply with complex regulations across multiple regions. An ERP system with solid financial management capabilities helps manage accounting, financial reporting, and tax obligations effectively, reducing risk and ensuring legal compliance.
Why It Matters:
Supply chain visibility and inventory control are critical for oil and gas companies, where long lead times, fluctuating fuel prices, and complex logistics can affect operations. ERP systems designed for the industry should provide real-time data for tracking materials, assets, and product movement.
Key Features to Look For:
Why It’s Essential:
Managing an effective supply chain is fundamental for timely project execution and cost control. An ERP system that offers comprehensive inventory management and supply chain solutions will enable your company to reduce inefficiencies, optimize resource use, and save on operational costs.
Why It Matters:
Managing assets is a significant part of oil and gas operations. Whether it’s machinery, drilling rigs, or pipelines, ensuring your assets are properly maintained and tracked will minimize costly downtime and extend their useful life.
Key Features to Look For:
Why It’s Essential:
Oil and gas companies often deal with complex, high-value assets. Using an ERP system that includes asset management capabilities allows for improved tracking, maintenance, and resource allocation, ultimately helping reduce costs and boost profitability.
Why It Matters:
Real-time data and insights are indispensable for making quick, data-driven decisions in an industry where conditions can change rapidly. ERP solutions with advanced business intelligence (BI) tools help companies interpret vast amounts of data and make proactive decisions.
Key Features to Look For:
Why It’s Essential:
Business intelligence features in an ERP system enable oil and gas companies to quickly assess market conditions, optimize operations, and mitigate risks. Whether you’re analyzing production output or cost variances, real-time data is a game-changer.
Why It Matters:
Oil and gas companies often manage large-scale projects, such as drilling operations, facility construction, or infrastructure upgrades. Effective project management tools in your ERP can help manage resources, timelines, and costs to ensure timely delivery of projects within budget.
Key Features to Look For:
Why It’s Essential:
Oil and gas projects are complex and resource-intensive. With the right ERP, project managers can ensure that their operations stay on track and within budget by using features like project costing, resource planning, and task management.
Why It Matters:
The oil and gas industry is subject to numerous risks, ranging from environmental disasters to financial volatility. An ERP system with integrated risk management and compliance tracking can help businesses mitigate these risks while adhering to local and international regulations.
Key Features to Look For:
Why It’s Essential:
An ERP system that integrates risk management and compliance tools ensures that your company can navigate complex regulatory environments, reduce operational risks, and maintain a high level of accountability.
Why It Matters:
The oil and gas industry often requires employees to work in remote, challenging environments. ERP solutions that are cloud-based and mobile-friendly allow for seamless access to important data, no matter where employees are.
Key Features to Look For:
Why It’s Essential:
Oil and gas professionals often work in the field or across multiple sites. A cloud-based ERP system enables them to stay connected to real-time data, enhancing operational efficiency and reducing downtime.
