Oil and Gas Construction Industry
Construction Accounting and Project Management - Oil & Gas Construction Firms Have the Best of Both Worlds with Penta
Whether constructing a pipeline, performing maintenance on a refinery, installing instrumentation or prepping a new oilfield, contractors serving the North American Oil and Gas Construction Industry trust their construction accounting and field construction operations to PENTA Software every day. With PENTA, contractors manage their business with less effort, consistently execute their best practices, and improve productivity by continually analyzing their performance.
Labor, Equipment and Material (LEM) Process
Oil and Gas companies often require contractors to obtain daily customer authorization of work performed, including labor, equipment and materials. PENTA Software manages the complete daily LEM process cycle, from field data collection, customer approval via Sharepoint® site, to daily performance analysis. Oil and Gas contractors will simplify and quicken their LEM process with PENTA Software:
- Unifies Management of construction jobs, work orders, and maintenance contracts
- Simplifies multi-location, multi-company and inter-company accounting
- Automates collection and transmission of labor time, equipment usage, and material data from the field to the office with mobile field reporting software
- Empowers decision-makers with Business Analytics by placing daily management information at their fingertips in an analytical format and intuitive user interface
- Facilitates union payrolls, including extensive capabilities to define reciprocity rules to accurately pay employees and fund union benefits
PENTA software applications for Oil and Gas Industry Contractors include:
- Automated Inter-Company Capabilities
Please read on to learn more about PENTA Software for Oil and Gas Industry Contractors.
Award-Winning Construction Management Suite
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A Constructech Top Product Award Winner for Commercial Contractors for the second consecutive year, Penta drives performance gains further by taking a comprehensive view of our customers’ business processes. Penta customers improve performance with integrated construction and service management applications, consistent process execution and continual performance analysis.
eTimesheets and eExpense
PENTA eTimesheet and eExpense applications provide self-service time and expense entry & approval capability for professional staff and consultants who charge time to projects and/or overhead expense accounts. Targeted for users such as design, management, and administrative personnel, project managers, and consultants, features of eTimesheets and eExpense include:- Self-service entry and edit of timesheets
- Rule-based routing for review and approval
- Browser-based deployment
- Complete integration with PENTA security, validations, pick lists, and PENTA Digital Dashboard alerts for exception reporting
Procurement
PENTA’s purchasing capabilities efficiently supports large engineering & construction entities with resources focused specifically on procurement activities, as well as engineering & construction entities where individuals fulfill several roles including the buyout of equipment and materials for jobs. Whether staff are authorized to enter into purchase agreements up to a limit, or required to issue and submit requisitions to a central purchasing group, PENTA purchase orders may be issued for many types of purchases:
- Jobs
- Work Orders
- Fixed Assets
- Inventory
- Overhead items
PayrollWhether union or non-union, payroll is one of the largest administrative challenges for labor-intensive specialty contractors. With decades experience managing some of North America's largest construction payrolls, PENTA can drastically reduce the overhead required to manage your company's payroll. Features include:
- Union Reciprocity
- Labor Distribution
- Employee and Department Utilization
- Qualification Tracking
- Mobile Field Time Reporting
- Payroll and Timecard Analytics
Mobile Field ReportingWhen it comes to software options for construction firms, one size does not fit all. enables the field workforce to receive dispatched work orders or jobs on their mobile device, capture and transmit real-time status updates, labor and equipment time, parts and materials and applicable notes to the home office. PENTA Mobile Field Reporting quickens billing and payroll cycles, eliminates unnecessary paperwork, redundant data entry and inaccuracies, and ultimately leads to a more profitable operation. Work Order Management
PENTA Mobile Field Reporting is seamlessly integrated with the , a complete system designed to manage every aspect of a contractor's work orders, field service and maintenance operations, including call taking, time or task-based dispatching, service history, maintenance contracts, preventive maintenance scheduling, installed customer equipment, warranty information, invoicing & billing, maintenance contract quoting and more.
Project ManagementIntegrated with PENTA and Microsoft Outlook®, Project Managers use the to identify potential cost overruns in time to rectify, address and track issues in a timely fashion, quickly provide project cost status and forecasts to accounting, maintain history of project communications, and easily route, log, and store all communications and documents in a secure repository. The PENTA Project Management Workbench is easy to learn, easy to use, and lets PMs quickly move from activity to activity to effectively respond to the fast-changing demands of their jobs, including:
- RFIs
- Submittals
- Documents
- Issues
- Drawings
- Contacts
- Meeting Minutes
- Change Requests
- Daily Reports
Document Management and WorkflowPowered by market-leading Enterprise Content Management Technology, Penta customers can import documents into PENTA by scan or from disk, centrally store documents in a networked repository of electronic documents, link documents to PENTA records by importing a file, dragging and dropping an Outlook® item, or searching for a stored document, and generate documents based on data from within PENTA, including Work Orders, Subcontracts, Change Requests, RFIs and Submittals.
Integrated Construction and Maintenance Analytics, Reporting
PENTA Business Analytics moves contractors beyond static reports to evaluate trends, share information and more effectively manage the performance of their organizations. Whether by Executive Dashboard or Business Analyst interface, industrial contracting managers can analyze past performance for planning, identify exceptions for action and trend current performance for forecasting based on hundreds of information types specific to Financial Statements, Job Cost, Payroll, Projects and Service.
interacts with Excel®, exports to Adobe PDF®, imports data from third party systems such as estimating software, and emails cubes for disconnected analytics work. Diverse contractors can easily define Financial Reporting structures and create consolidated Financial Reports.
Contact Us For More Information:
Phone: 262.780.2427
Fax: 262.780.2444
E-mail to:
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