Confidential and Proprietary Information. BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation All other product or service names are the property of their respective owners
Michael [email protected]
CEO at BelcaSoft(403) 918-5779
oilfield rental and service operations management software designed by BelcaSoft
www.belcasoft.com
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Client’sService Request
FieldService
Invoicing Client’sPayment
Dispatch
*DSO - Days Sales Outstanding
DelayDelay
Operating Cycle (75-77 days)
Average DSO* – 60 days
10-12 Days
Financial Cycle (70-72 days)
Cash Flow
DelayDelay
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Lost of Equipment
• Rental Fleet – 500 Units
• Average Unit Cost – 6K
• Lost per year – 0,5%
• Losses - $ 15,000
Double Entries
• Overhead – $ 50,000
Total – $ 78,700
Example:
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Slow Invoicing
• Paper Base Systems• MS Excel Spreadsheets• Errors in Paperwork• Double Entries
Combine ServicesBy ClientBy LSDWith Specific Customer PO
Calculate Rentals Days Automatically By Each Unit
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Key Personnel Quits with Critical Business Info
• Procedures Descriptions• Unclear Business Processes• Lost Sensitive Business Data• Broken Pace
CRM Saves Clients Data
Name, Phone, E-mail of all Client contacts: Engineers, Rig Managers, Superintendents
LSD codeClientLocationDirection
Equipment Groups Serial NumbersType (for prices)Vendor
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Inefficient Fleet Utilization
• Large Fleet Size• Fleet Geo Allocation • Units Mismanagement• Low Utilization
Know Fleet Utilization by Groups, Types, Items
Equipment by type for price-lists and clients discounts
Item Availability status:
In-StockDeployedRepairDamagedLost
Equipment Utilization by Groups, Types,Serial Numbers,Vendors
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Lost or Damage Rental Units
• Field Service Specific• Client Long-term Relationships• No Tracking of Equipment Moving• Lost Field Tickets or Paperwork
Equipment Tracking:
Purchase, Moving, Deployment, Damage, Repair, Assembling Kits
Unit Reports: Locations, Usage, Movement History
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Slow Answer for Client Request
• MS Excel Spreadsheets• Slow Processing• Delays and Errors• No Actual Info Available• Time Sensitive RFPs
Create service request in seconds for ongoing capture of costs and revenues associated with the job
Use laptops or tablet to access to critical business data
Never miss a revenue item again!
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Manual Reporting
• Time Consuming• No Personal KPIs• Poor Feedback• No Objective Bonuses Base
ManagementDashboards Configurable KPIDynamic Reports
Special Operations Reports: Jobs, Mileage, Client, Location, Area, Field Technician, Regular Performance
Measurement Increases Operation Efficiency by 10%
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Different systems
• Paper-Base Systems• MS Excel Spreadsheets• MS Access• QuickBooks • Other Software
Double or Triple EnteringMultiple Sources of Truth
Inventory Control and Equipment Management
Field Service Management
Daily Tracking and Reporting
Performance Analysis
ScalabilityVisibility and Transparency
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Work OrdersSpecificationsResources PlanningInventory Management
Rental AgreementDelivery TicketsRental InvoiceAdditional ServiceSerial Numbers TrackingClients Price AgreementsLocations and Rigs
Sales OrderSales InvoiceSales Shipment
Purchase OrderPurchase InvoiceBill of LadingVendor Prices
Bank AccountsCredit CardsCheques and Payments
GL, AR, APAccounting and ReportsFinancial Statements
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Increase Value of Rental Business
Improve Cash Flow
Manage Field Service
See Entire Picture
Anywhere & Anytime