Multinational Oil & Gas Upstream Company

This leading Oil & Gas business’ joint venture accounting (JVA) month end was characterised by frequent delays, a problem aggravated by a recent change in the business environment. AG conducted a review of their SAP JVA solution design and processes and found a number of candidates for improvement.

Lack of onboarding and succession planning was an issue, together with complex SAP system tasks required from accounting resources, lack of automation and manual reports, and poor understanding of the SAP reports and outputs. By showing how they could optimise their use of the system and people resources, AG helped the company reduce risk, improve efficiency and remove the road-blocks to a smooth period end.