// Require https
Request For A Demo

Description

SAP oil

SAP has developed an industry solution for the oil and gas industry (SAP IS-OIL), featuring tools and automated processes designed especially for this sector. SAP IS-OIL is the leading integrated solution for the entire value-added chain of the oil and gas industry – from the wellhead to the gas station.

SAP has developed an industry solution for the oil and gas industry (SAP IS-OIL), featuring tools and automated processes designed especially for this sector. SAP IS-OIL is the leading integrated solution for the entire value-added chain of the oil and gas industry – from the wellhead to the gas station. SAP IS-OIL supports all business processes in the oil & gas industry – from supply chain management to production and logistics planning to integrated process control. Numerous processes in development, procurement, production, sales and service can be automated and centrally administered with this solution.

The potential benefits of SAP IS Oil solution are including Improved barrels of oil equivalent (BOE) production, Lower operating costs, Reduced incident rate and finding cost, Higher return on capitalemployed (ROCE),Lower capital development costs, Reduced days of salesoutstanding (DSO),Improved on-time delivery.

Normally, Oil companies implemented and have FI-CO (financial controlling) MM (material management) ,SD(sales and distribution) ,TR( transportation). Companies in every country execute the same functions and solutions with FI, because it depends on regulations or policies of that particular country. However, business process is different from companies and also industry for example the processes of apparel or poultry industry are different than Oil and Gas Industry.

SAP IS Oil contains two major components:
Upstream: In Oil and Gas industry initial investment is very high for locating the source for crude oil and then getting the permission from the government of the particular country where that source lies and then extraction of the oil, no single company all along cannot bear that expenses so it involves big joint ventures and the material (crude oil) is explored i.e. from underground source to aggressive storage to refineries. This is called upstream and this covers joint venture accounting, and all the finance related stuffs.

Downstream: This includes the refining, storage, transportation, pricing, Logistics, measurement and retailing of final oil and gas products existing core R/3 sales and distribution a lot of changes has been done for downstream oil and gas functionality.

We also provide online training on SAP ABAP On HANA, SAP S4 HANA, SAP HANA ADMIN, SAP BASIS ON HANA, SAP BI ON HANA, SAP HANA, SAP ABAP, SAP BASIS, SAP BI, SAP BO, SAP CIN, SAP CRM, SAP FICO, SAP FIORI, SAP SIMPLE FINANCE, SAP IS RETAIL, SAP MM, SAP SD, SAP HR, SAP Successfactors, SAP UI5, SAP HCM, SAP SCM, SAP SECURITY, SAP CO, SAP PI, SAP PS, SAP PM, SAP PP, SAP QM, SAP EWM, SAP ISU, SAP MDM, SAP NET WEAVER, SAP BPC, SAP SRM, SAP WEB DYNPRO, SAP AFARIA, SAP WM, SAP AWS, SAP APO, SAP CUSTOMER SERVICE, SAP EHS, SAP EP, SAP FM, SAP FSCM, SAP GRC, SAP OIL, SAP TRM, SAP WORKFLOW, SAP GST, SAP SIMPLE LOGISTICS and all modules.