Rapid growth, fluctuating commodity prices and aggressive portfolio management have created new challenges for independent exploration and production (E&P) companies to operate efficiently and cost-effectively.
Companies can best meet these pressures by adopting Accenture Upstream Direct. This powerful SAP-qualified Rapid Deployment Solution on the SAP HANA platform delivers insight into costs and revenues for better business decision-making, provides timely access to reliable data, and streamlines back-office operations.
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Accenture’s alliance with SAP spans more than four decades. In the 1990s, Accenture and SAP co-developed IS-Oil, in 2014 we teamed to create the Accenture and SAP Business Solutions Group (ASBSG), and in early 2016 we joined forces again in core and industry platform development and go-to-market for SAP® S/4HANA.
As one of SAP’s largest implementation partners, Accenture has more than 47,000 SAP resources throughout the world. Accenture has received 32 SAP Pinnacle Awards and the SAP Award for Excellence.
Accenture Upstream Direct is anchored in Accenture’s oil and gas-industry knowledge and experience implementing enterprise resource planning systems. It is backed by comprehensive methodologies for SAP, along with an estimating capability, a supporting tool suite, processes and procedures, and SAP-specific criteria for production acceptance.
Key solution features and benefits include:
Accenture Upstream Direct features the SAP ECC Business Suite on HANA and the Industry Solution for Oil & Gas (IS-OIL). This leading platform includes Joint Venture Accounting (JVA), Production and Revenue Accounting (PRA), and Financial Accounting along with HANA Live for Analytics.
It scales to support companies with 100 or 100,000 assets.
It is fast to implement—as quickly as 25 weeks—and includes a pre-configured solution, real-time reporting, integration with upstream ecosystems applications, and a full range of hosting and support services.
Accenture Upstream Direct provides benefits to stakeholders across the Business, Finance and IT organizations.