EnergySys Updates Production Reporting Tool

February 4, 2010 at 11:35 am Leave a comment

EnergySys, supplier of hydrocarbon and production reporting tools, has launched Version 4.3 of its on-demand production reporting solution. ENERGYSYS 4.3 boasts a range of new features to improve workflow automation and scheduling, which together with many other minor enhancements are now available to all existing subscribers without additional fees.

            “Our goal is to be thought leaders in the field of hydrocarbon allocation and production reporting products, and their use within the industry,” said EnergySys Managing Director Peter Black. “With this release we’re underlining our commitment to change the economics of system ownership. We’re lowering cost of ownership from initial purchase through ongoing maintenance, demonstrating that we can deliver new features and functionality to customers without them having to go through an expensive upgrade cycle.”

            In terms of workflow, ENERGYSYS 4.3 is very powerful, but without the complexity associated with many traditional tools. It is now possible to create sophisticated conditional rules for business processes and to chain those processes together both quickly and simply. For example, users can re-run the daily allocation for a period of days or months in the time it takes just to launch traditional graphical configuration tools.

            Business rules are built in a familiar Microsoft Excel environment, but the resulting spreadsheet is executed on the server to deliver the benefits of security, versioning and audit trails. All data are stored in an Oracle database, with access limited only to users with specific rights.

            ENERGYSYS 4.3 also includes a major upgrade to scheduler functionality that allows users to run calculations at any chosen time. This includes both one-off data transformations and repeating processes. Combined with the new workflow, this makes unattended operation a realistic option. A sequence of rules can be executed automatically, along with checks on the success of each operation.

            An additional benefit with ENERGYSYS 4.3 is that loading data is even easier and more secure with its new secure FTP option. Users simply upload files to their own dedicated, password-protected “drop box.” Data import can be carried out manually or via the automated system that initiates the upload whenever a new file arrives.

            “ENERGYSYS 4.3 will be rolled out without significant interruption to current service levels. End users will simply see the new functionality the next time they log in,” said Black.


Entry filed under: Financial and Back Office Solutions. Tags: , , , , , .

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