Stonebridge worked with the E&P arm of an international energy company to create a better way of consolidating and analyzing cost allocation data. Our client faced a challenge to its ability to plan and forecast ROI during the frequent and unpredictable price swings in the global energy market.
With exploration activities in 24 countries and with costs of nearly a billion annually, the company employed complex E&P evaluation rules that could not be accommodated by its SAP-based enterprise resource planning (ERP) software and business intelligence tools. The situation required manual intervention to translate the SAP reports — a time-consuming task that hampered the company’s ability to respond to changing market conditions.
Stonebridge collaborated with the client to architect and develop a data warehouse that seamlessly combined SAP data with legacy E&P information. We helped the client identify the specific E&P accounting rules required to satisfy decision-makers reporting needs, and also translated these needs into business rules that were encapsulated in standards-based custom software.
The result: The Stonebridge business solution provides greater decision-support functionality and enables the client to realize a greater return on its SAP investment.