WEZOM Digest Logistics Edition
Cost Control Software for Oil and Gas Companies: everything you need to know
How do you control a project and its costs well in this new low-margin environment? Aase Sundgot, an oil and gas expert, says that the key is to connect the whole project flow.
Oil and gas are a very expensive and complicated business that is also very important. They depend a lot on accurate management of workflows and analysis of the market. Software to keep track of costs is a very useful tool for oil and gas companies.
It is this specialized software that lets a business keep track of its spending, manage its resources, and make budget predictions. Cost control software is made to help businesses get a better handle on their costs so they can make sure they don't spend more than they have.
Digital Transformation in the Oil & Gas Industry
A digital revolution is about to happen in the oil & gas industry. A fluctuation in prices, demand, and unpredictability in the world economy, as well as increased emphasis on environmental sustainability, are just a few of the issues forcing Oil & Gas organizations to look for ways to enhance their current operational model and produce more efficiency. This article will describe digital transformation in the context of the oil & gas industry, discuss its advantages, and outline some of the steps companies can take to get started.
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What is ERP Systems: Benefits and Challenges
In the present-day society, it has become imperative to maintain a fast pace in order to keep up with the ever-growing array of trends. To progress and achieve success, businesses must embrace all available resources, particularly those related to information technology. With each passing year, the number of these resources continues to rise — ranging from novel development tools and cloud platforms to edge computing and artificial intelligence.
This prompts us to ponder: how can technological advancements be efficiently integrated within a company and how can employees be persuaded to utilize them? Is there a specific methodology to follow in this regard?