World News: 14:00 GMT Tuesday 19th November 2019. [Quorum Software via Businesswire via SPi World News]
(Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of , a cloud-based oil and gas accounting software built to solve the challenges faced by small to medium-sized businesses. OGsys On Demand will be instrumental in driving operational efficiency for small to medium upstream companies that need industry-specific functionality for complex, regulated, and time-intensive accounting processes.
This press release features multimedia. View the full release here:
Quorum is releasing the video series, “Solve Oil and Gas Accounting Challenges with OGsys On Demand,” where E&P companies, accounting services providers and other accounting professionals outline how OGsys On Demand remedies accounting challenges for small business. (Graphic: Business Wire)
“Unlike Excel or QuickBooks, OGsys On Demand was built for oil and gas accounting to improve expense and revenue management as well as simplify tracking financial health,” said Tyson Greer, chief product officer, Quorum Software. “We feel this is a core component for delivering on our vision of changing upstream software by integrating our entire Upstream On Demand suite and layering on capabilities around business intelligence, document management, and AP workflow.”
OGsys was founded by an oil and gas accountant looking to provide a solution that could handle the specific finance and accounting needs of oil and gas companies. Some key advantages include:
The launch of OGsys On Demand follows the acquisition ofin August, a move which complemented Quorum’s expanding small business solutions with SMB accounting that helps address the needs of operators and non-operators alike. With over 130 years of combined oil and gas accounting experience, Quorum is well-positioned to streamline accounting for small and medium-sized businesses, helping them save time and costs.
For more information on the latest release of OGsys On Demand by Quorum Software, available now, please visit. To learn about Quorum’s complete portfolio of integrated solutions, visit .
About Quorum Software
Quorum Software offers an industry-leading portfolio of finance, operations and accounting solutions that empower our customers to streamline operations that drive growth and profitability across the energy value chain. From supermajors to startups, from the wellhead to the city gate, energy businesses rely on Quorum. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to drive innovation. We’re helping visionary leaders transform their companies into modern energy workplaces. For more information, visit .
Business Wire: 14:00 GMT Tuesday 19th November 2019
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