Arawak Energy improves accounting function with TouchstoneEnergy

11. 07. 17 Marcus Kelly

Arawak Energy (UK) Limited, the UK subsidiary of Toronto-listed international upstream oil and gas company Arawak Energy Corporation, has placed an order valued at £260,000 for the supply and implementation of SunSystems Accounting & Proactis Procurement from business solutions consultancy, TouchstoneEnergy. The solution will assist in the company’s standardisation of the accounting function across the company’s various operating businesses, whilst delivering enhanced management reporting and procurement control.

Working with TouchstoneEnergy, Arawak will deploy a 50 user system across three countries, Russia, Kazakhstan and the UK, over the next 9 months. Arawak had previously been using various local systems, and made the decision to standardise the system using SunSystems and Proactis to provide a single solution for all locations.

TouchstoneEnergy was selected ahead of stiff competition to provide an extensive range of IT and professional services to Arawak users. One of the primary reasons for selecting SunSystems & Proactis was that both solutions are available in the Russian language. In addition, both solutions meet the international and statutory compliance of all three countries. Furthermore, SunSystems has a proven track record in the energy sector, particularly with its capability to deliver very detailed cost analysis reporting. System Union’s SunSystems solution has been installed by over 600 Oil and Gas customers worldwide.

Peter Davis, Business Unit Head TouchstoneEnergy, comments, “We are delighted to announce this new deal with Arawak Energy. We believe that with our expertise and acute understanding of business requirements in this industry, we can fundamentally aid improvements of Arawak’s operations to deal with today’s demands as well as its future requirements and business growth.”

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Marcus Kelly

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Marcus Kelly

Marketing & Business Development Manager