Ensuring Profitability in the Energy Sector

Whether you operate globally or in a single country, the need to accurately record time spent against projects is vital for cost recovery and profitability. However, for maximum return, the timesheet process must be simple and fully integrated into the financial management system.

Our Time and Expense Management solution is a flexible, scalable application that enables energy companies to accurately record time to ensure profitability. It enables users to record time against projects through a standard Web browser, with completed time-sheets automatically routed for authorisation to a Line or AFE Manager and posted to the finance ledger.

Why TouchstoneEnergy?

TouchstoneEnergy is the leading IT supplier to the international energy market. Our systems support $15 billion of investment in oil and gas appraisal, exploration and development. Our expertise spans accounting, procurement, business process management, supply chain management and asset management designed specifically for the oil, gas and renewables sectors. Some 850 users in 44 countries use real-time, multi-currency, multi-lingual solutions from TouchstoneEnergy