Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why do companies choose EFM over competitors for their ERP solution?

0
Posted

Why do companies choose EFM over competitors for their ERP solution?

0

As oil & gas companies break new ground around the world, the value and importance of a company’s financial system has never been more critically understood. Traditional ERP Financial management applications focused on generic business requirements, but in the era of standardized industry processes and regulatory compliance companies are demanding more form their solutions. Industry specific functionality such as DOI, AFE, Revenue and JIB are becoming vital components of operations regardless of the geographic location. WellPoint Energy Financial Management was designed with the holistic needs of oil & gas companies in mind, offering a single standard global solution for worldwide financial management and reporting requirements. EFM from WellPoint Systems offer a new strategy for corporate financial management with a best-in-breed solution focused on industry requirements integration and flexibility.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123