myquorum afe - qbsol-arhxo0vh6d1oh9i0c.stackpathdns.com · affiliate afes generate multiple...
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Maximize Efficiency and Productivity with User-Friendly AFETo stay ahead of the increasingly chaotic pace of business, energy companies need technology that enables agility and quick, informed decisions. myQuorum Authorization for Expenditure keeps energy operations running smoothly and automates accrual generation based on spending commitments and joint interest billing actuals. Decision makers can move beyond wet signatures and leverage flexible, web-enabled authorizations to:
� Shorten AFE timelines by digitizing and automating approval and creation processes.
� Provide greater accuracy and visibility into budget-to-actual tracking.
� Simplify audit responses with digital audit trails and integration with financial accounting systems.
AFE Designed for a Mobile WorkforceDesigned for mobility, myQuorum AFE makes it possible for energy companies to:
� Improve accuracy by eliminating manual and paper-based processes.
� Enable users to work anytime, anywhere from their mobile devices.
� Ensure that all stakeholders have on-demand visibility into project spending.
More than 10,000 people streamline
their business with Quorum
100+ of companies, from independents
to supermajors, rely on Quorum
19 E&Ps have selected Quorum Accounting over
the last 3 years
Quorum delivers next-generation integrated software and solutions. We continually invest in new technology, including innovation to improve user productivity so that you can access information at any time, from any place, on any device.
2ENERGY DRIVEN BY INNOVATION
3ENERGY DRIVEN BY INNOVATION
Web and mobile AFE workflows make
anytime, anywhere approvals possible.
Intuitive dashboards, automation, and
notifications improve user efficiency.
Integrating master data, financial
accounting and oil and gas accounting
increases data accuracy.
Product Highlights
AFE Workflow Automate AFE lifecycles with an easy-to-configure and user-
friendly workflow engine.
Budget-to-Actual TrackingConsolidate project financials to provide an accurate, holistic view
into project spending.
InteroperableImprove data accuracy by integrating financial and operational accounting.
Subscriptions & Notifications Track project budgets and spending in real time with
subscriptions and notifications.
External Partner TrackingNotate and track partner interest, approval dates, commentary, and
related documentation.
Multi-level AnalysisAnalyze project actuals easily
with dashboard data visualization and web pivots.
Affiliate AFEsGenerate multiple affiliate AFE
with the click of a button.
Automated Accrual Improve accuracy and reduce
manual processes with digital and automated accruals.
Cost CentersInclude multiple cost centers on a
single AFE.
Actionable Information Increase productivity with user-
friendly dashboards.
qbsol.com | © 2017 Quorum Business Solutions, Inc. All Rights Reserved.
Quorum makes innovative finance, operations, and accounting software for energy companies. We’re leading the digital transformation with a platform of integrated solutions proven to drive efficiency and agility throughout the energy value chain.
For additional information about Quorum or to request a demo, please contact Quorum Sales at 713.430.8612 or visit qbsol.com.