Case Study
Midstream oil and gas company gains real-time reporting
Read more to learn how Oryx Midstream now sees real-time accurate reporting and automated workflows.
Case Study
Midstream oil and gas company gains real-time reporting
Read more to learn how Oryx Midstream now sees real-time accurate reporting and automated workflows.
Client background
Leveraging the leadership team’s deep energy industry experience and building on strong relationships with oil and gas producers in the region, Oryx Midstream is focused on developing, acquiring, owning and operating midstream assets in Texas and New Mexico. After a rigorous software evaluation, Oryx chose Baker Tilly over both Sage and Quorum as a better fit for the company's business needs.
The business challenge
- Oryx needs a system that could scale to match the company's pace of growth
- The company requires both sophisticated project accounting and fixed assets capability
- Timely and accurate reporting, and the ability to consolidate entities were identified as key requirements
- Oryx was looking for a true multitenant cloud-based accounting solution, a feature not available with Sage or Quorum products
Baker Tilly provided us with the knowledge and solid project management that made the implementation a great success.Karen Russell, Controller, Oryx Midstream Services
Strategy and solution
- The Oryx teams now has sophisticated project accounting functionality
- Baker Tilly integrated a robust fixed assets module which saves them time with automated asset management
- Oryx Midstream sees the real-time accurate reporting and mobile access they need to keep management and investors up-to-date
- Automated workflows are now more flexible and configurable than ever before, and do not require IT support
