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Software Functionality Revealed in Detail
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 eam vendors for oil production


Selecting ERP for Oil and Gas Industry Contractors and Vendors
Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more

eam vendors for oil production  vendors towards new revenue streams, including aftermarket service and warrantee work. All of these changes place new demands on an IT infrastructure. In order to succeed in the industry now, oil and gas industry suppliers need enterprise applications that: Harmonize the working processes across disciplines, including engineering, fabrication, on-site construction, aftermarket service management and project management. Standardize processes to better secure quality, including work performed internally as

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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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Big ERP vs. Tier 2 ERP - Is the Gap in Functionality as Big as it Appears?


Recently, we have witnessed Infor’s aggressive advertising campaign against its bigger rivals that are conjointly called “Big ERP,” where it is blaming them for inflexibility, neglecting customers’ interests, and charging enormous amounts of money for their software and service. As an alternative, Infor and its competitors offer a variety of tier 2 systems that can supposedly satisfy rigorous

eam vendors for oil production  integrate with existing HR, EAM or PLM systems that their customers already use.  Figure 2. Tier 1 vs. Tier 2 ERP comparison by modules 3. The differences in Manufacturing Management, Inventory Management, Sales Management, and Procurement Management areas are minimal and are within two percent of one another. Reason: These are basic functionality groups that any manufacturing company needs, and tier 1 ERP vendors are not the only ones providing strong support for all of them. Tier 2 ERP and even Read More

Selecting Manufacturing ERP for ISO 26000 Compliance


ISO 26000 spells out best practices for corporate social responsibility (CSR). Are your enterprise systems, including ERP, capable of documenting CSR best practices required for ISO 26000? And how does CSR help protect investors and other corporate stakeholders?

eam vendors for oil production  Can ERP Technology Help? EAM, ERP, and other enterprise software can help industries comply with ISO 26000 by formalizing best management practices affecting the four key areas of human rights, labor relations, the environment and corruption, and centralizing related information for streamlined reporting, investigation, and preventive and detective controls. Labor and Human Rights : In the often overlapping areas of labor relations and human rights, enterprise software needs to at a bare minimum allow a Read More

EAM versus CMMS: What's Right for Your Company? Part Two: Integration Concerns


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eam vendors for oil production  Also, since pure play EAM vendors do not rely on existing ERP modules to support certain maintenance operations, their more complete functionality may provide a better fit with how certain maintenance departments operate than with internally developed EAM solutions by ERP vendors. Also, as the EAM software has been evolving into a mature, slower-growth market, many incumbent vendors are responding to this by offering high-margin, value-added services, such as helping to install, integrate, maintain, and Read More

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part Two: Reliability Driven Maintenance


Reliability driven maintenance (RDM) focuses on understanding the "asset health" to determine what maintenance work should occur and when something should be done. It enables preemptive intervention before failure occurs, whereby failure would mean that equipment is not delivering required performance regardless of whether it is actually broken down or not.

eam vendors for oil production  news for smaller pure-play EAM vendors could be the fact that some of their direct and likely competitors may be the ERP likes of Oracle , IFS, Intentia, SAP, and Ramco Systems that offer more integrated ERP and EAM capabilities like automated maintenance scheduling, tracking, and management; remote diagnostics; RCM; fleet and facility management and planning; centralized access to engineering data; parts planning, sourcing, valuation and category spend management; asset performance reporting, and so on. Read More

IBS Enterprise7 for Enterprise Resource Planning for Distribution Certification Report


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eam vendors for oil production  the support of a team of consultants that was hired to overhaul an organization's entire information technology (IT) infrastructure and operational systems. The entire process would be spread out over many months, and in some cases, years. With the recent trend of software vendors offering SaaS business models, ERP implementations have become a viable solution for even the smallest of organizations. SaaS has empowered small businesses to reap the benefits of full-blown ERP systems without the costs of Read More

TEC Vendor Challenge (ERP for Distribution) - Not Just for Distributors


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eam vendors for oil production  the overall event, your team will also have the opportunity to visit and enjoy one of the best kept secrets in North America—the vibrant city of Montreal, Canada! There are many organizations that struggle with complex distribution requirements. These include not only companies that define their primary business as distribution, but also manufacturers in various  industries, and even Web sales companies. In the latter two types of organizations, the core ERP software capabilities, such as financials, Read More

Ramco Enterprise Process Manufacturing for ERP for Process Manufacturing Certification Report


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9 Things to Look For in Lean Accounting Software for Manufacturers


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eam vendors for oil production  processes according to value streams . This includes value-stream mapping, and value-stream–based metrics, income statements, cost numbers, profitability, and capacity analysis. Since value streams for each company or subdivision are unique, the software should be flexible enough to accommodate all possible value-stream definitions and to make necessary changes down the road if required. In addition to traditional costing methods, lean accounting software should be able to support alternative costing Read More

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Production and Distribution


Production and distribution are either both performed within an organization, or else one of the functions is outsourced to reduce the overall cost and allow organizations to focus on core competencies. Production is defined as an operation of work performed on goods to make them available for consumption. Distribution encompasses the activities involved in delivering products or services to customers. Every company that handles production or distribution processes faces specific challenges, such as the following:

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Top ERP for Manufacturers or for Distribution Software Ratings


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