AFENexus is the E&P industry standard solution for joint venture capital cost management. It’s executive dashboard, audit-controlled workflow, and ad hoc reporting capabilities, contribute to its rapid adoption by the upstream sector throughout the USA and Canada.
AFENexus helps you electronically manage project costs for transportation, storage and resource marketing. It’s a centralized, secure, web-based system that supports bi-directional data integration between your operations and financial systems.
Budget and track granular unit costs for your projects. AFENexus helps reduce project lags by ensuring your engineering, procurement, construction, and commissioning budgets achieve timely approval.
AFENexus can electronically manage capital spending in a variety of sectors:
AFENexus makes working in the field just as easy as being in the office. All AFE data is stored in a secure, central web location and you can upload, edit, and approve AFEs using your laptop, tablet, and phone.
Had enough of losing folders and tracking down late approvals? AFENexus directs your AFEs through electronic, customized workflows. Keep your AFE process, just make it faster, paperless, and audit ready.
Canned reports are old school. AFENexus introduces an executive dashboard and dynamic Smart Folders which give you the flexibility to filter, save, and recall any combination of AFE data. Get to the core of your data fast, anytime.
The most flexible, real-time reporting in the industry takes your spending analyses to a whole new level.
Excel-like filtering and an advanced search builder help you save time and extract data like never before.
Configurable workflows, notifications, and personal to-do lists keep approval delays and cost overruns at bay.
Bi-directional data adapters provide integration with your financial, operations, and other systems.
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AFENexus has simplified our month-end accruals and is providing us with the proper level of audit control in tracking capital expenditures. It's a big improvement over working with spreadsheets.
AFENexus has significantly reduced our AFE approval time, taking it from 20-30 days, down to only one day. I’m not sure how we could have survived without AFENexus this year.
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