Tagetik Cloud for Oil & Gas

Mine information to fuel business insights



Today’s oil and gas executive can’t control external factors such as supply-demand imbalances, unpredictable prices and fluctuating reserves. But you can impact internal ones — and improve performance, streamline financial processes, and understand the cash and profit impact of market fluctuations, capital investments and labor costs.


Tagetik Cloud for Oil & Gas can help. This collaborative corporate performance management offering makes it easy for oil and gas companies to measure, model, monitor and manage financial performance and take action to execute their business strategies

Tagetik Cloud for Oil & Gas
Tagetik Cloud for Oil & Gas

Benefits


Gain insights

Gain insights into project planning parameters such as work in progress, invested capital and cash flow

Get immediate impact analysis

Get immediate impact analysis on the P&L for currency fluctuations and 
exchange rates

Maximize market value

Maximize market value, streamline business processes, and reduce operating costs by managing capital investments

Sharpen your view

Sharpen your view into the dynamic business variables that impact the oil and gas industry

Generate accurate business forecasts

Generate accurate business forecasts based on demand, production, capacity, cost per barrel (BOE), and cost per million cubic feet 

Improve profitability

Improve profitability by business division and department using different cost allocation methods

Tagetik unified corporate performance management software solution for the Oil & Gas industry

Strategic Planning & Forecasting
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Strategic Planning & Forecasting

Simplify the strategic planning and annual budgeting process with a single source of financials using Tagetik's unified budgeting, planning, forecasting and modeling solution. Align business plans with operational budgets, eliminate manual data entry and effortlessly generate periodic and rolling forecasts.

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Capital Planning
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Capital Planning

Align finance with operations and standardize the capital plan and budget. Manage data from multiple dimensions (cost centers, distribution, suppliers, shipping, pipeline, etc.) and assess the impact of business drivers (volume, density, average prices, transfer prices) on cash flow and profitability.

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Production & Capacity Planning
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Production & Capacity Planning

Understand resource requirements and capacity constraints that impact production, supply and meeting demand. Optimize the production mix by modeling operational drivers that impact sales, distribution and delivery to see the impact on margin, profitability and financial performance, including cash flow.

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Cash Flow Planning & Forecasting
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Cash Flow Planning & Forecasting

Tagetik provides double entry logic and automates the cash in/cash out impact of budget line items. When plans, capital, exchange or interest rates change, Tagetik instantly updates cash flow plans and forecasts so decision-makers can quickly assess the net business impact.
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Cost Allocation & Profitability Analysis
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Cost Allocation & Profitability Analysis

Allocate direct and indirect costs to any level of detail to more accurately analyze profitability by refinery, project, region or channel. Use cost allocation methods to assess profitability by business division (drilling, refining) and department (marketing, finance).

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Seamless Close-to-Disclosure
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Seamless Close-to-Disclosure

Cut days off the monthly close cycle and accelerate management and external reporting with a single solution. Confidently manage and control journals, adjustments, intercompany eliminations and reconciliation, then seamlessly produce disclosure reports that drill-down into the underlying data.
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Reporting & Analytics
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Reporting & Analytics

With easy to use, packaged templates, all contributors - including non-financial and non-technical users - can report on key metrics and performance with Tagetik’s reporting toolset. Create custom reports, interactive dashboards, visualizations and ad hoc analytics - without depending on IT.
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Regulatory Reporting & Compliance
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Regulatory Reporting & Compliance

Automate regulatory reporting – from SEC filings, FinRep/CoRep to multi-GAAP (IAS, IFRS, US GAAP), others – and spend less time preparing reports and more time analyzing the information. Tagetik quickly complies with updates so you are futureproofed for both revised and new regulatory mandates.
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Tagetik Software is trusted by leading companies in the Oil & Gas INDUSTRY


Gruppo API

Budgeting & Planning, Consolidation, Financial Close & Reporting

Read the Case Study

Centrex

Planning, Cash Flow Management, Consolidation, Reporting

Watch the Video

Erg

Consolidation, Budgeting, Cash Flow, Reporting

CLH

Budgeting, Forecasting, Profitability Analysis, Reporting, Consolidation

RAG

Budgeting, Planning, Cash Flow (Integrated Business Planning), Consolidation

swire oilfield services

Consolidation, Budgeting & Planning

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Customer Quotes

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Discover your company’s ROI on Budgeting, Planning, and Consolidation Software

Are you considering an investment in CPM software? Most agree that CPM provides business value but many companies struggle to quantify that value. That is why Forrester Consulting created a CPM software ROI estimator.

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