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Hitachi Solutions Canada to unveil JV solution for oil and gas industry

Hitachi Solutions Canada

Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

Powered by Dynamics AX, the joint venture solution will deliver the key functionality needed for oil and gas financial operations, including project and cost center management, contracts to manage joint interest agreement details, joint venture billing, authorization for expenditure (AFE) management, and gross/net reporting to enable companies to manage their end-to-end joint venture partner billing and cost control processes within one system.

Key features of the joint venture solution will include contract management (DOI), partner management , cost registration, cost distribution (joint venture splits), joint venture billing (partner billing), cost reversal, and authorization for expenditure.

Hitachi Solutions Canada is a Microsoft partner with over 60 oil and gas industry customers and extensive experience in developing, implementing, and upgrading Microsoft Dynamics AX.

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