Oil and Gas
Enterprise Solutions for Energy
Challenges for Oil & Gas Leaders
Oil and Gas Companies are constantly adapting to their industry’s volatile sourcing and pricing landscape. Since 2012, EPMI has enabled energy companies to plan and forecast based on dynamic production and consumption trends.
On-Prem to Cloud
Manual workflows slow financial close cycles. Oracle Cloud automates tracking and ensures consistent, timely reporting. Check out: Hyperion to Cloud Guide.
Audit-Ready
Rising compliance requirements complicate reporting. Cloud automates reconciliations and improves governance.
Disconnected Systems
Disconnected tools create inefficiencies and delays. Oracle Cloud centralizes processes into one integrated platform.
Data Silos
Data silos limit decision-making and create inconsistencies. Cloud centralizes information, giving leaders a unified, trusted view of operations.
EPMI has over a decade of experience supporting Oil & Gas enterprise transformation
Artificial Intelligence (AI)
Automate decisions, personalize customer experiences, and boost productivity.
Enterprise Performance Management (EPM)
Accelerate close cycles, improve forecasts, and unlock strategic planning.
Enterprise Resource Planning (ERP)
Streamline operations and connect your business across departments.
Customer Success Spotlight
Diversified Energy Company- Centralize Finance & Accounting Processes with Oracle Cloud EPM
Oil & Gas
Diversified Energy Company (DEC)
Challenge
DEC embarked on their journey with EPMI to transform their legacy standalone planning application to 850 users.
Solution
Oracle EPM Cloud Enterprise across Planning, Reporting, Account Reconciliations, Transaction Matching, and Task Management. Furthermore, EPMI convinced DEC to stop their existing BlackLine project in its tracks, and replace it with Oracle for a more sustainable and streamlined solution.
Result
DEC also gained efficiencies for reconciliation tracking, workflow, and approvals, with over 70% of their reconciliations being auto-reconciled. They achieved a match rate greater than 90% for their cash and accounts payable transactions, greatly reducing manual reconciliation effort.
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Reconciliations being auto-reconciled
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Match rate for their cash & accounts payable transactions
Resource Center
AI, EPM, ERP Insights, & Trends
Oracle AI in Oil & Gas: From Data to Decisions with Ashish Sohane
AI, ERP, and EPM are reshaping oil and gas by turning data into smarter decisions. The fastest wins come from predictive maintenance and drilling optimization.
Relaunch Event Recap: How Oracle EPM and AI Are Reshaping the Enterprise
EPMI Relaunch event—an afternoon packed with insights on EPM, AI in finance, and customer stories. Here’s a breakdown of each presentation.
Oil & Gas Customer Use Cases for Oracle Cloud EPM
Read the following customer stories on how EPM has modernized finance and accounting business processes in the Oil & Gas industry.
Discover the art of the possible.
