Ensure a reliable, scalable technology foundation to drive business growth.
Your IT environment—from your applications to your infrastructure—is foundational to your organization’s health and success. Just one IT outage can have a significant impact on your business, from hampering production to hindering operations to impacting revenue. Ensuring your IT systems are modernized, agile, and able keep up with changes in the Energy industry is imperative for driving business growth. Maintaining up-to-date and performant technology systems is paramount for maintaining seamless operations and positioning your organization for continued success.Â
Having the right technology partner can help you optimize your IT environment to ensure your applications and systems are performing optimally, supporting mission-critical operations, and adapting to changes in business demands. Â
Helping Energy companies modernize and optimize their IT infrastructure
At Centroid, we have more than two decades of experience empowering some of the world’s top brands to optimize their technology environment and accelerate opportunities for growth, innovation, and development. We’ve helped industry-leading Energy companies—including Diversified Energy, Nabors, and ONEOK, Inc.—enhance operations and modernize IT systems. We provide a wide range of consulting offerings, managed IT services, and technology solutions for Energy companies, including:Â
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- Modernizing, upgrading, and optimizing mission-critical IT systemsÂ
- Migrating on-premises and legacy applications to the cloudÂ
- Leveraging artificial intelligence (AI) and machine learning (ML) capabilities for automation opportunities, predictive analytics, and to support data-driven decision makingÂ
- Creating self-service reporting capabilities for finance, accounting, and field usersÂ
- Enhancing accounts payable processes and auto-reconciliation workflowsÂ
- Delivering comprehensive Day 2 services, powered by our Managed Services tiersÂ
- Streamlining financial and accounting processes into a unified solutionÂ
- Developing customized software, tailor-made for the specific needs, business objectives, and pain points of your unique IT environmentÂ
- Integrating ERP and EPM applications for cost center and functional area analysisÂ
- Creating a scalable, reliable enterprise data governance foundationÂ
- Improving financial reporting capabilities for compliance and tax requirementsÂ
Find out how we helped NCS Multistage reduce their month-end close process from several weeks to just days
NCS Multistage is a leading provider of Well Construction, Tracer Diagnostics, and Enhanced Oil Recovery (EOR) for oil and natural gas wells around the globe. They sought to modernize their legacy finance systems, which were highly manual and complex, often resulting in siloed data, lack of visibility, and a lengthy month-end close process.
We partnered with Oracle to implement Oracle Cloud Financial Consolidation, Planning, and Account Reconciliations to help NCS Multistage modernize their financial systems. The project led to a 50% increase in journal entry accuracy, allowing NCS to reduce their month-end close process from several weeks to just days, significantly improving process efficiency. The enhanced visibility and accuracy provided by the new system also helped NCS Multistage mitigate the risks associated with manual processes while improving the reliability of financial reporting.Â
Discover how to transform your IT environment to position your organization for continued growth and development
Get in touch with us to explore how you can enhance your IT infrastructure and operations to position your company to drive innovation, mitigate risk, and improve performance. We provide complimentary strategy sessions and consultations.
Let us take a deep dive into your unique IT environment, technology challenges, and business objectives and provide personalized guidance built from years of experience and industry expertise. Â
Enable your Energy company to optimize IT for growth.
Contact us today to learn more about how our tailored solutions help modernize your IT systems, improve operational efficiency, and drive innovation within the Energy sector.
