Entrance Q3: Software Consulting Wrap-Up

Software Consultants in Oil & Gas

As we look towards 2014, Entrance has spent Q3 preparing to grow as the market leader in oil and gas software. To that end, we created and followed through on a number of new initiatives that will help to grow and improve the company.

Goals for our software consulting organization in Q3 included:

  • Growing our team with a goal of two people per week
  • Building out partner relationships
  • Re-vamped bonus structure for team members
  • Improved project management processes

These initiatives should provide the basis for better employee retention and happier clients.

Q4 Entrance Consulting Initiatives

Moving into Q4, we will continue to grow the Entrance consulting team to meet the needs of our many projects. In addition, the company is moving forward with goals to create an energy software lab and database.

One particular focus for the month of October is to find strategies that will improve the quality of our work for clients even more! For an inside view on our internal discussions on this topic, check out our ongoing blog series from the software consultants themselves!

Business Intelligence: Stop Wasting Time and Starting Making Money

Lack of business intelligence means wasted time

When employees make decisions without the benefit of business intelligence, your company is probably wasting time and losing money. According to one McKinsey report, employees spend 1.8 hours per day, or 9.3 hours per week, on the hunt for information. So while the investment in business intelligence may seem like a big one for your company, multiply those 9.3 hours per week by 100 employees at $40/hour for a minimum of $37,200 wasted per year!

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Custom Software Application Provides South American Producer with Improved Inventory Tracking

Preventing Inventory Loss with Custom Software

Entrance has long partnered with Midstream service company TG Mercer to develop a custom software application, called SpreadBoss, that provides cradle to grave pipeline tracking. This past year, TG Mercer started working with one client in South America to provide better tracking of their inventory.

As they looked further into the project, TG Mercer realized that adding modules on to SpreadBoss would be the best way to provide the visibility this producer needed.

The first of these additions is the ability to divide large yards into zones, with a catalog of corresponding inventory in each zone. In addition, as employees check inventory into a given zone, they have the option to define a new item in the database, which was previously not possible.

See the picture to the right for an example of zoning in the application.

Quality Control Capabilities

An inventory reconciliation module takes this process a step further. On a quarterly basis, the customer can validate the complete inventory in a given zone. Employees scan every item, and when this is complete, SpreadBoss compares the expected inventory with actual inventory. Items that are lost or in the wrong zone can then be logged for action.

This quality control process will help TG Mercer’s clients to achieve better control of high value inventory. Particularly as the size of oil and gas facilities increase, this level of visibility will help prevent assets from hiding in plain sight.

For more on the benefits of custom web applications, check out this page. Read more about our partnership with TG Mercer here!

Custom Software: Tracking Pipeline Damage for Oil and Gas

Releases (or leaks) are very important to pipeline companies. Common causes for these leaks are equipment damage, both internal and external corrosion, manufacturing failures, and natural hazards like shifting land. The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is responsible for releasing reports regarding pipeline releases or leaks. As a result, the ability to track damage that could cause pipe failure and report on it is important.

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