Hitachi Solutions to launch a Joint Venture Solution using Microsoft
Contract management (DOI)
Cost distribution (joint venture splits)
Joint venture billing (partner billing)
Authorization for expenditure (AFE)
CALGARY, Alberta--(BUSINESS WIRE)--
Hitachi Solutions Canada, a leading global provider of industry
solutions based on Microsoft Dynamics AX, will be launching an oil and
gas Joint Venture Solution using Microsoft Dynamics AX 2012.
Powered by Dynamics AX, the Joint Venture Solution will deliver the key
functionality needed for oil and gas financial operations, including
project and cost center management, contracts to manage joint interest
agreement details, joint venture billing, authorization for expenditure
(AFE) management, and gross/net reporting to enable companies to manage
their end-to-end joint venture partner billing and cost control
processes within one system.
Key features of the Joint Venture Solution will include:
“We are thrilled to be able to offer this solution to our existing and
potential clients. Upstream oil and gas companies using or looking to
implement Microsoft Dynamics AX will have the joint venture
functionality they require with this added module,” said Salim Faroukh,
Vice President – Products and Industry Solutions, Hitachi Solutions
Business Solution Group of Hitachi Solutions America.
“The new Joint Venture Solution combined with our oil field services
functionality will truly complete the offerings we can provide the oil
and gas industry, which is a key area of focus for us,” said Muneer
Hirji, President, Hitachi Solutions Canada. “With increasing
collaboration among oil and gas companies, we look forward to showing
our clients the benefits of this innovative solution.”
Hitachi Solutions Canada is an award winning Microsoft partner with over
60 oil and gas industry customers and extensive experience in
developing, implementing, and upgrading Microsoft Dynamics AX. To find
out more please visit, http://canada.hitachi-solutions.com.
About Hitachi Solutions
Hitachi Solutions, Ltd., headquartered in Tokyo, Japan, is a core member
of Information & Telecommunication Systems Company of Hitachi Group and
a recognized leader in delivering proven business and IT strategies and
solutions to companies across many industries. The company provides
value-driven services throughout the IT life cycle from systems planning
to systems integration, operation and maintenance. Hitachi Solutions
delivers products and services of superior value to customers worldwide
through key subsidiaries in the United States, Europe, China and India.
The flagship company in the Hitachi Group's information and
communication system solutions business, Hitachi Solutions also offers
solutions for social innovation such as smart cities. For more
information on Hitachi Solutions, please visit: http://www.hitachi-solutions.com.
About Hitachi Solutions Canada, Ltd.
Hitachi Solutions Canada is a consulting firm and systems integrator
helping customers from strategy to solution through a portfolio of
management consulting, implementation and support services. With more
than 10 years of experience and over 350 satisfied customers, Hitachi
Solutions’ 300+ employees across the country deliver innovative
solutions around Enterprise Resource Planning (ERP), Business
Intelligence, Portals and Collaboration, Cloud Computing, Custom
Development and Integration, Customer Relationship Management (CRM),
Application Infrastructure, and Support Services. For more information
on Hitachi Solutions Canada, please visit: http://canada.hitachi-solutions.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading
global electronics company with approximately 326,000 employees
worldwide. The company’s consolidated revenues for fiscal 2012 (ended
March 31, 2013) totaled 9,041 billion yen ($96.1 billion). Hitachi is
focusing more than ever on the Social Innovation Business, which
includes infrastructure systems, information & telecommunication
systems, power systems, construction machinery, high functional material
& components, automotive systems and others. For more information on
Hitachi, please visit the company's website at http://www.hitachi.com.
Hitachi Solutions Canada, Ltd.
Erin Kutcy, 403-265-4332
Source: Hitachi Solutions Canada