RigER 2.0

Confidential and Proprietary Information. BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation All other product or service names are the property of their respective owners

Michael [email protected]

CEO at BelcaSoft(403) 918-5779

oilfield rental and service operations management software designed by BelcaSoft

www.belcasoft.com

www.riger.ca © 2014, BelcaSoft 2

mailto:[email protected]

http://www.belcasoft.com/

http://www.riger.ca/



Client’sService Request

FieldService

Invoicing Client’sPayment

Dispatch

*DSO - Days Sales Outstanding

DelayDelay

Operating Cycle (75-77 days)

Average DSO* – 60 days

10-12 Days

Financial Cycle (70-72 days)

Cash Flow

DelayDelay


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Lost of Equipment

• Rental Fleet – 500 Units

• Average Unit Cost – 6K

• Lost per year – 0,5%

• Losses - $ 15,000

Double Entries

• Overhead – $ 50,000

Total – $ 78,700

Example:


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Operator

Dispatcher

Accountant

Operations Manager

FT

FT

FT

FT



Slow Invoicing

• Paper Base Systems• MS Excel Spreadsheets• Errors in Paperwork• Double Entries

Combine ServicesBy ClientBy LSDWith Specific Customer PO

Calculate Rentals Days Automatically By Each Unit


Key Personnel Quits with Critical Business Info

• Procedures Descriptions• Unclear Business Processes• Lost Sensitive Business Data• Broken Pace

CRM Saves Clients Data

Name, Phone, E-mail of all Client contacts: Engineers, Rig Managers, Superintendents

LSD codeClientLocationDirection

Equipment Groups Serial NumbersType (for prices)Vendor


Inefficient Fleet Utilization

• Large Fleet Size• Fleet Geo Allocation • Units Mismanagement• Low Utilization

Know Fleet Utilization by Groups, Types, Items

Equipment by type for price-lists and clients discounts

Item Availability status:

In-StockDeployedRepairDamagedLost

Equipment Utilization by Groups, Types,Serial Numbers,Vendors


Lost or Damage Rental Units

• Field Service Specific• Client Long-term Relationships• No Tracking of Equipment Moving• Lost Field Tickets or Paperwork

Equipment Tracking:

Purchase, Moving, Deployment, Damage, Repair, Assembling Kits

Unit Reports: Locations, Usage, Movement History


Slow Answer for Client Request

• MS Excel Spreadsheets• Slow Processing• Delays and Errors• No Actual Info Available• Time Sensitive RFPs

Create service request in seconds for ongoing capture of costs and revenues associated with the job

Use laptops or tablet to access to critical business data

Never miss a revenue item again!


Manual Reporting

• Time Consuming• No Personal KPIs• Poor Feedback• No Objective Bonuses Base

ManagementDashboards Configurable KPIDynamic Reports

Special Operations Reports: Jobs, Mileage, Client, Location, Area, Field Technician, Regular Performance

Measurement Increases Operation Efficiency by 10%


Different systems

• Paper-Base Systems• MS Excel Spreadsheets• MS Access• QuickBooks • Other Software

Double or Triple EnteringMultiple Sources of Truth

Inventory Control and Equipment Management

Field Service Management

Daily Tracking and Reporting

Performance Analysis

ScalabilityVisibility and Transparency



Work OrdersSpecificationsResources PlanningInventory Management

Rental AgreementDelivery TicketsRental InvoiceAdditional ServiceSerial Numbers TrackingClients Price AgreementsLocations and Rigs

Sales OrderSales InvoiceSales Shipment

Purchase OrderPurchase InvoiceBill of LadingVendor Prices

Bank AccountsCredit CardsCheques and Payments

GL, AR, APAccounting and ReportsFinancial Statements



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Increase Value of Rental Business

Improve Cash Flow

Manage Field Service

See Entire Picture

Anywhere & Anytime

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