Slash Your Days Sales Outstanding in 6 Simple Steps
Collapsing the time from completing work, sending out an invoice to your customer, and actually getting paid can take anywhere from 62 - 128 days for oilfield service companies. But it doesn't have to. In this eBook, we're going to share with you the 6 most critical steps that your peers in the industry are following right now to help slash their DSO and get cash in the door sooner.
Win More Bids & Protect Your Profit Margins with True Job Costing
Having a good handle on true job costing can be the difference between a 10% and a 50% profit margin. Check out this new eBook to learn about some of the best practices some of your oilfield services peers are following, and how true job costing can help give you increased control over your financial reporting, and maximize project profitability.
Tightening Up Your Field Ticket to Pay Process by Capturing Data at the Source
By not capturing field data in real-time in the oilfield services industry, companies are often faced with delayed payments by customers measured in weeks, and sometimes months. Check out this new eBook to learn about some best practices some of your peers in the industry have adopted to capture field data in real-time and collapse the time between doing a job and getting paid for that job.
Getting Paid Faster & Owning Your Cash Flow by Removing Poor Billing Practices
Poor billing practices can put a real squeeze on cash flow, and in an industry that's growing so quickly it doesn't take long for companies in this space to start feeling the pinch. That's why we've named Poor Billing Practices as one of our 10 Deadliest Sins of Oilfield Service Companies. Check out this free eBook to see why!
Protecting Your Profit Margins by Getting a Better Handle on Small Assets, Tools & Materials
In this industry, project costs and revenue numbers tend to get big pretty quick, which can make it easy to let the small stuff - impact hammers, torque wrenches, tool cribs, even gloves and goggles - get away from you. But not keeping tabs on these items can absolutely wreck your profit margins. Check out this free eBook to see how to keep those smaller assets from walking out the door.
Stop Runaway Spending & Take Command of Your Bottom Line with Better Financial Controls
As one of the 10 Deadliest Sins of Oilfield Service Companies, lack of internal financial controls can be risky for oilfield service companies. Without proper visibility and control over your financials your profitability inevitably suffers. Download this free eBook to learn how to tell if you may be facing risk with your own internal controls, find out how to take back control of your bottom line, and hear some best practices from one of your peers - Black Hills Bentonite.
Propel the Growth of Your Oilfield Services Business by Eliminating Disparate Systems
Disparate systems can be deadly to oilfield service companies. So deadly in fact, they made #1 on our list of the 10 Deadliest Sins of Oilfield Service Companies. Check out this free eBook to see why and hear some best practices around eliminating disparate systems from one of your peers in the industry - Edmonton Exchanger.
Managing Oilfield Equipment Maintenance Proactively
In the energy services industry, having a process in place for managing servicing and repair on rental equipment is imperative for asset-intensive service companies. This helps ensure that equipment stays billed out, asset utilization rates are maximized, client downtime is avoided and unexpected and costly repairs are minimized. Get this free eBook to learn about how a field management solution can help to streamline, simplify and proactively manage this process for you.
Integrated Field-Based Job Costing in the Oilfield Services Industry
In the oil & gas services industry, the more you know, the better you can manage. Check out this eBook to see how using a completely integrated field-based job costing system can give you clear visibility into the true profitability of your projects. In real-time, determine which jobs are making you money or losing you money. See details like where your projects are at in terms of billing, payroll, third-party billing, and utilization on your assets and crew.
Is Your Energy Services Business Outgrowing Your Existing Systems?
When your business is small you can pretty much run it end-to-end from a few small spreadsheets, a basic accounting application, maybe a contact management solution and something for managing your field service operations. However, as you grow – the systems you put in place back in your start-up days just can’t keep up with you. But how do you know when you’ve reached the point where an upgrade to your business management system makes sense? Download this free eBook where we dive into 3 key signs to watch for.
Is your business asset intensive? Do you need a more seamless way to manage your service & repair process, and dispatch your rental assets? If so, then this eBook is for you! See how a rentals solution designed specifically for businesses just like yours can help you get clear visibility into the whereabouts of your assets in real time, see whether they are billed out or sitting idle, analyze profitability, and manage scheduling and dispatch.