Tools for Supporting a Remote Workforce
2020 is turning out to be the year of working from home. Companies without experience managing remote workforces may have no choice but to adopt the work-from-home (WFH) model and are challenged to keep employees productive. The tools chosen over a period of days in February or March of this year might not be the right tools to support employees in the long run. Therefore, we would like to share our assessment of the major options.
New tools for remote workforces are released all the time, so our team evaluates offerings and adjusts our portfolio of tools on a regular basis. There are many more tools than our assessment includes, but we have tried to highlight the ones most commonly used. We will also share what we have chosen to use and why.
Exploration & Production Business Systems
E&P companies have unique complexities. Tracking work processes is no simple task, particularly for E&P companies that operate thousands of wells in various basins.
Technology solution providers have developed business systems to automate and integrate the operational and business processes for E&P companies. A few technology companies have attempted to build end-to-end solutions, but contrary to what a technology salesperson might tell you, none have built a true end-to-end solution that meets the complex requirements of most E&P companies. Therefore, E&P companies are resorting to purchasing add-on solutions.
E&P companies are left to navigate through a maze of products. The purpose of this handbook is to clear the muddy waters and provide an independent perspective of the current state of E&P business systems. Our perspective is based on our direct experience selecting and implementing E&P business solutions and feedback we have received from other E&P companies.
The State of the ERP
Widespread use and development of the ERP as we know it today—a multi-functional, integrated, company-wide system of record—boomed in the 1990s. Since then, many companies have kept those same base systems, simply upgrading, patching, and bolting on more capabilities.
Today, nearly 25 years later, organizations are finding that ERPs have advanced to such a degree that patches and bolt-ons may no longer be enough. After all this time, their systems have been so customized they can no longer be supported or upgraded to house modern tools.
ERP systems have evolved, and the industry is nearing maturity. 2020 will see the full development of once cutting-edge technologies, increased demand for integrated, real-time data transmission, and automated compliance capabilities.