Product Presentation
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
BOOST OILFIELD RENTALS
Michael Maltsev, MBA
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 2
15+ years Software Development and Implementation Experience
5+ years Oil and Gas Experience
Strong Background in Accounting and Finance,
Consulting, IT, and Business Analysis
Former CFO of Oilfield Rental Company
MBA, University of Buffalo, USAFounder and CEO of RigER
www.riger.ca Copyright © 2012-2015, BelcaSoft 4
Oilfield Service800+ Drilling Rigs in Western CanadaUtilization 10-80%
600+ Rental Companies
Now is the best time to act!
Low Activity - Fast ImplementationDownturn New Drilling Season Preparation
Oilfield Equipment
Downhole Tools (Drill Bits, Pipe, Collars)
Well Servicing Equipment
Office Mobile Trailers and Camps
Tanks, Bins and Sewage Systems
Generators and Engines, Flare Systems and Burners
Control and Measurement Systems
Pumps and Compressors, Rig Mats
Telecom Equipment and Light Towers
Construction Equipment (Cementing, Perforating)
Other….
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Oilfield Rentals
Specific or Periodic Installation and Service
Usage: Rigs, Camps, Wells
Daily Rental Fee
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Reasons to Grow
Cost Effective and Flexible Solution
Complexity of EquipmentDevelopBuildServiceMaintain
Low Entering Barrier to the Market
Real Time Tracking Service RequestsField Jobs Schedule and Management
Equipment Tracking and ManagementRetrieving Daily Paperwork from FT
Delays in InvoicingInaccurate Invoicing
Operations Performance AnalysisOverall Business Performance
Oilfield Rental Challenges
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Field TicketLabor
Equipment
Mileage Service
Location
Client
Rental Cash Flow and Operating Cycle
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Client’sService
Request
FieldService
Invoicing Client’sPayment
Dispatch
DSO - Days Sales Outstanding
Delay
Operating Cycle (75-77 days)
Average DSO – 60 days10-12 Days
Financial Cycle (70-72 days)
Cash Flow
Delay
Delays in InvoicingRevenue – 10 MAverage Delay – 10 DaysInterest rate – 5%Losses - $ 13,700
How Can It Affect Rental Business?
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Loss of EquipmentRental Fleet – 400 UnitsAverage Unit Cost – 10KLost - 4 Units or 1% Losses - $ 40,000
Double EntriesOverhead – $ 50,000
Example:
Total – $ 103,700
Oilfield Service and Rental Operations Management Software
Rig Equipment Rentals v 1.0 includes oilfield equipment rentals and service operations:
• Service Request • Service Schedule • Delivery Tickets • Rental Invoice
RigER – Rig Equipment Rentals
www.riger.ca © 2015 Belca Soft Corporation. All Rights Reserved 10
2012, Version 1.0
Users and Roles
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Operator
Dispatcher
Accountant
Operations Manager
FT
FT
FT
FT
Control All Operations in Real Time
Register All Clients Requests
Dispatch and Assign Tasks
Approve Tickets
Generate Invoices
Oilfield RentalOperations
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Full history of inventory tracking: • Purchase • Transfer• Sub-rent• Deployment• Repair• Sale
Assign Job Safety Assessment (JSA #) to Each Job Daily
Oilfield Rentals
Operational CRM
Fleet Optimization
Protect Assets
Measure Operations Performance
Build One Transparent System
Increase Values of Business
Benefits
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Next Day Accurate Invoicing!
10x Faster Document Flow!
Oilfield Service and Rental OMS
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Price
Productivity
Best Value/Price
Invoice Next Day
1. Invoice Accurate and Fast
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Slow Invoicing
• Paper Base Systems• MS Excel Spreadsheets• Errors in Paperwork• Double Entries
Combine ServicesBy ClientBy LSDWith Specific Customer PO
Calculate Rental Days Automatically By Each Unit
Save Operational Data
2. Organize Critical Business Data
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Key Personnel Quits with Critical Business Info
• Lack of 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
Manage Rental Fleet
3. Improve Fleet Management
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Inefficient Fleet Utilization
• Large Fleet Size• Fleet Geo Allocation • Units Mismanagement• Low Utilization
Know Fleet Utilization and Availability
Equipment by type for price-lists and clients discounts
Item Availability status:
In-StockDeployedNeeds RepairDamagedLost
Equipment Utilization by Groups, Types,Serial Numbers,Vendors
Protect Assets
4. Protect Assets
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Loss or Damage
• 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
Faster, Accurate, Efficient
5. Enhance Response Time
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Slow Answers
• MS Excel Spreadsheets• Slow Processing• Delays and Errors• No Actual Info Available• Time Sensitive RFPs
Create service request in seconds for ongoing costs capture and revenues associated with the job
Use laptops or tablets to access critical business data
Never miss a revenue item again!
Control Operational Results
6. Measure Operations Performance
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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%
One Answer to Many Questions
7. Build One Transparent System
www.riger.ca Copyright © 2012-2015, BelcaSoft 22
Different systems
• Paper-Based 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
Scalability,Visibility and Transparency
Oilfield Service and Rentals
All-In-One Solution
www.riger.ca Copyright © 2012-2015, BelcaSoft 23
SalesManufacturing
Purchase
Banking
Accounting
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
Field Technicians Calendar To-do List and Jobs Done
Days Off, Vacations
Gantt ChartEquipment Deployment Scheduling
Job Scheduling
Oilfield Service Report
Other Improvements
Release Features
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Version 2.2
Field Technicians Calendar
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• Rig Ups
• Rig Outs
• Days Off
• Vacations
Colored by Type and Employee
Filtered by Field Tech
Custom View Day, Week and Month
Version 2.2
Equipment Deployment
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Grouped by Rental Units
Colored:Rig Ups
Rig Outs
Detailed View:
Delivery Ticket
Location
Custom Period View
Version 2.2
Jobs Schedule
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Grouped by
Client
Location
Rental Agreement
Custom Period View
Hyperlink to fast open
Location
Rental Agreement
End of Job Notification
Version 2.2
Oilfield Service Report
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Grouped by
Service Type
Location
Delivery Ticket
Custom Period
Options:
Quantity Only
Full Report
Version 2.2
Integration & Customization
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Version 2.3
Invo
icin
gSy
stem
s
ERP and Accounting Software
Custom Programming
Full customization and configuration services to fine tune RigER to fit the way you do business
Benefits and Advantages
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Increase Value of Rental Business
Improve Cash Flow
Manage Field Service
See Entire Picture
Anywhere & Anytime
Business RequirementsSpecific Needs DescriptionCustomization FocusMost Complex Business Case
Customized Demo
Proposal
Next Step
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Contact Us
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Call us Today!
(403) 918-5779
Visit
www.riger.ca
We are proud about RigER!
We will love to talk aboutRigER FeaturesCustomizationSpecial Offers
Boost Rentals!Michael Maltsev, CEO