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Software Functionality Revealed in Detail
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 customer relationship management article for oil production


Applications Giants Bolster Their Pricing Management Capabilities
Previously price management was an overlooked area by vendors because they lacked the native capabilities to meet this need. However, through partnerships and

customer relationship management article for oil production  mySAP ERP and mySAP Customer Relationship Management (mySAP CRM) with real-time, sophisticated pricing analytics, a framework for price setting and policy management. Also, there will be interactive negotiation capabilities to recommend, negotiate, and evaluate prices and terms on sales agreements. Sold under the name SAP Price and Margin Management (SAP PMM) by Vendavo, the solution is generally available. SAP is initially targeting the chemicals, high tech, and oil and gas industries, but it

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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