Denver-based Forest Oil has moved from a manual process for authorization for expenditure (AFE) creation, routing and approval to a solution built on AFE Navigator from Energy Navigator. Previously some 2000 AFEs were handled yearly with routing slips and manual data entry into the Bolo accounting system. AFE packages were being held up and unpaid invoices were waiting on AFE approvals.
AFE Navigator has provided a means of electronic creation, routing and approval along with automated integration with Forest Oil’s accounting system—P2 Energy Solutions’ Bolo. The solution has also been tailored to Forest Oil’s approval matrix and delegation of authority when approvers were out of the office
AFE Navigator pulls data from Bolo and other sources and loads it into the AFE Navigator database. Forest Oil utilized this functionality to synchronize data between AFE Navigator and Bolo. The system makes SOAP-based calls to other systems to validate all data prior to the issuance of the AFE. Intermediate files can be generated at certain points in the AFE life cycle. The result is that ‘lost or missing AFEs are a thing of the past.’ Users can link AFEs with support documentation into a uniform workflow across all departments. More from Energy Navigator.
This article originally appeared in Oil IT Journal 2012 Issue # 5.
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