Energy, Oil & Gas

Monitor the performance of every aspect of the business

With a LAKE SunSystems solution, managers can analyse activity mapped against their own unique key performance indicators (KPI's) and business dimensions such as Field, Block, AFE, Project, Cost Centre, Location and Department.

Analysis of costs and revenue is achieved without burdening your chart of accounts with long and complex account codes.

World class currency management

LAKE Solutions provide for unlimited currencies at spot, period and average rates.

Four different currency values plus one statistical value per transaction.

Multi-company

Maintain unlimited companies including Trading businesses, PLC's, Holding Companies, and Dormants in multi-currency ledgers and drill around them at will.

Consolidation and accounting for joint ventures

Consolidation for separate company systems and powerful inter-company facilities.

Track complex expense and revenue appropriation for joint ventures.

Fully integrated project costing

Report on projects since inception, period or Year to Date from one source.

Simplify the set up of new projects and entities.

Cash analysis by project

Streamline the buying process and control spend

LAKE solutions helps organisations bring spend under control. It provides managers and directors or partners with complete visibility of the cost pipeline and validates every purchase request and commitment against budget at any level, such as department, office or project. At the same time, transparent processes and sophisticated approval-routing, guarantees improved governance within a clear, structured, controlled spending policy.

Installation and support for the remotest offices

SunSystems has a proven track record for quick implementation of highly functional financial software in remote oil and gas sites that do not have the infrastructure to support large-scale systems.

Produce financial and management reports at the click of a mouse

Faster, self-service reporting and inquiry tools that allow you to produce reports from the same underlying database for all interested stakeholders; including board members, committees, management, budget-holders, employees, the public, the government, and regulatory authorities.