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IFS Excalibur Case Study - Featuring an E&P Company with Annual Revenue of $100M

 

Lacking centralized, real-time data; carrying out manual tasks like data entry in multiple systems; and monitoring complex land and exploration agreements were three areas of concern for this upstream operation. 

 

After implementing IFS Excalibur, leading accounting software in upstream oil and gas, the company saw a significant reduction in variance between budgeted and production/revenue actual expenditures and a significant reduction in manual time required for AP, AR, and GL.

 
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