9 Features in Microsoft Dynamics NAV for Oilfield Services

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Microsoft Dynamics NAV for Oilfield Services is a software solution specifically designed to work with oil and gas companies and provides the tools needed to increase operational effectiveness and streamline financial processes.

9 Features in Microsoft Dynamics NAV for Oilfield Services: 

  1. Quotations & Contracts
    Enjoy billing accuracy with easy-to-view financial data that identifies and targets customers, making executing quotations to customers easier. Added bonus!: Have the capabilities to reduce invoicing delays.
  2. Equipment Utilization
    Improve resource and equipment utilization with equipment and tool lists. Real-time activity updates companies to know where equipment and tools are currently located by customer, lease AFE, and well and future equipment and tool availability.
  3. Personal & Crew Utilization
    The availability and locations of personnel is just as important as locating tools and equipment. Track all certifications, tests and licenses required by customer. Gain the ability to track the status of service jobs, job tasks, and all personnel activities within a single integrated system.
  4. Asset Management Rental & Repair, Inventory Sales
    A comprehensive solution for companies supplying services and equipment to the oilfield services industry. Streamline and store oilfield servicing, inventory sales, and rental and repair data all in one comprehensive solution.
  5. Preventative Maintenance & Repair 
    Gain the ability to manage and schedule preventative maintenance, repair, and inspections of internal and customer owned assets. Efficiently record equipment parts used, service technicians, type of repair or maintenance, testing, or inspections performed. Schedule future preventative maintenance dates to keep equipment in working order, eliminating downtime for unscheduled repairs.
  6. Dispatch Board
    The dispatch board provides the centerpiece for management of your field personnel and their service calls. Service tickets can track, monitor, and maintain status on: Customer, lease, AFE, well site, and other critical information. If necessary, GPS positioning can be tracked as well.
  7. Financial Performance
    Gain visibility of your company’s processes to efficiently identify opportunities and detect issues. Stay informed with readily-available profitability and statistics data at any level or grouping desired, or by tool and piece of equipment.
  8. Field Ticketing & Electronic Field Tickets
    OFS companies today are still using manual processes to keep track of service tickets and invoices. This has proven to be expensive, error-prone and ineffective to the needs of an expanding company. Instead, utilize electronic document management to organize tickets, eliminate duplicate entries, improve invoicing, automate charges, and, overall, reduce costly errors. Our mobility solution will run on any tablet or smart device.
  9. Financial Management
    Get a better handle on the numbers, help contain costs, control compliance, and maintain crystal clear visibility into your assets and cash flow. Base decisions on intelligence and not on emergencies. Get relevant data and recommendations today regarding the best course of action for tomorrow.

Interested in Microsoft Dynamics NAV for Oilfield Services? Visit our Microsoft Dynamics NAV for Oilfield Services software page to learn more about Sikich’s software solution, or contact Sikich info@sikich.com or 630-210-3087.

By Sikich, Microsoft Dynamics Partner, info@sikich.com

3 thoughts on “9 Features in Microsoft Dynamics NAV for Oilfield Services”

  1. Thank you for your question Jason.

    Our EnergySuite solution is built upon utilizing the power of your investment in Dynamics NAV. We spent almost 7 years of gathering and developing the best of breed solutions and bringing them into the base NAV application. It was critical for us to do that so we could assist our existing OFS NAV customers as well providing the best solutions possible for those new prospects in the OFS business.

    One of the reasons you need to leverage the existing NAV DB and Microsoft products like O365 and CRM is that Microsoft is about to change the game in licensing for mobility. The current pricing is about to change dramatically and it’s very important to understand where Microsoft is going as compared to some product not properly developed with Microsoft's vision in mind. We have spent considerable time building EnergySuite to be inclusive and within Microsoft’s future vision. At Convergence 2014 our clients in attendance got a private briefing from Microsoft on this very subject and they were glad they did.

    Finally, in terms of devices and field mobility there are several confusing and inappropriate ISV solutions that claim their solutions will work for the field. Feature and function of NAV and the version you are on combined with what your field requirements are will give you lots of options. With NAV 2013 R2 having web services, specific 3rd products used for mobility are destined for mortality. We were a sponsor of Microsoft’s Global Energy Form 2014 here in Houston and we highlighted some devices and strategies that will meet your mobility needs during that conference.

    If you would like more information about EnergySuite or want to receive our OFS Newsletter, The Drilling Bits, please contact me at gprice@sikich.com .

  2. Excellent question. You will require a mobile field application of some sort, which means you either need an add-on for NAV or you need to integrate to a third party solution. The answer will depend on the complexity of the field ticket application that you need. Some are not much more than timesheets, which is pretty straight forward, but many in the oilfield are very complex field tickets tracking employee time, equipment usage, consumables used, and descriptions of work. In the oilfield it is pretty much a given that the mobile solution has to run disconnected, which affects the ability to generate invoices in the field. If you only need a print out of the work summary for the customer rep to stamp and sign, you would be able to do that from a number of applications. You will also normally need to integrate the field ticket back into NAV, which is commonly done through the job cost module where each field ticket become a job, from which the invoicing will be finalized and invoiced. Feel free to send us more questions. http://www.opendoor.ca/links/contact/

  3. If we're an existing NAV user, can these features be coaxed out of our software, or are there separate add-ons that would need to be acquired? We're doing all our quoting, accounting, and reporting through NAV now, but the OFS-specific features like crew utilization and mobile, electronic field tickets are of significant interest to me.

    Jason A.

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