Streamline Oil and Gas Payout Management

This comprehensive solution for both operated and non-operated payout requirements is delivered on the SAP Business Technology Platform. Venture cost center definition and tracking for all terms, provisions, and adjustments power an SAP Analytics Cloud-based calculation engine.

Overview

Manage your payout scenarios in the cloud

Simplified interfaces and powerful reporting and analytics are delivered using the SAP Analytics Cloud technology housed within SAP Business Technology Platform. It's a solution pioneered by and for energy experts by Sierra.

Trust that your payout data is being managed with the proper application design

SAP-certified APIs deliver Master Data as single source of truth from SAP for Venture, Cost Center, Equity Groups, related Carried Interests, and Ledger Transaction Data. Assures correct calculations without opportunity for human error.

Deliver trusted gross revenue data to your payout calculations

Gross Revenue calculations in SAP Production Revenue and Accounting assure that data meets SAP standards. Once Gross Data is calculated, data are passed via an API, securing Payout calculations in harmony with Gross Revenue calculations.

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Details

Solution type

Extensions and Add-ons

Industry

Oil, Gas, and Energy

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP Analytics Cloud for planningSAP ERPSAP S/4HANA Cloud Private EditionShow more

Features

Payouts: Tracking, Inquiry and Reporting

Payout tracking for Operated assets by Venture, Cost Center(s) and Equity Group(s) with comprehensive API data collection for master and related transactional data used in comprehensive calculations. Comprehensive filters for the Payouts are available.

Payouts: Tracking, Inquiry and Reporting
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Non-Op Payouts: Importing, Inquiry and Reporting

Payout tracking for Operated assets by Venture, Cost Center(s) and Equity Group(s) with comprehensive API data collection for master and related transactional data used in comprehensive calculations. Comprehensive filters for the Payouts are available.

Non-Op Payouts: Importing, Inquiry and Reporting
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Assign and calculate penalties with ease

Penalty Provision Groups allow for default penalty percentages to be derived from the JOA and overridden at an account level. Carried Interest Owners are assigned to their respective Provision Groups, ensuring accurate calculations.

Assign and calculate penalties with ease
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