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Payout Management streamlines the Payout process through an enhanced and simplified approach to managing both simple and complex payout scenarios. Operated Payouts tracking allows for single or multiple cost centers, effective dated ownership management and multiple penalty provision situations based on the terms of the Joint Operating Agreements.

Payout Management Edition

PME
PME - 3
PME - 2
PME - 1

Optimize Oil & Gas Partners with
PME Solution

Trusted standard SAP APIs and CDS Views power the application ensuring the data necessary for the monthly calculation is accurate. The application delivers powerful workflow capabilities for approving Payout statements and analyzing Payout positions in order to notify key teams in the case of a potential payout scenario. Powerful tools are also available for the management of Non-Operated Payouts, including statement upload and payout projections.

Features

Defining Payout Terms

Allows the definition of complex payout terms and penalty provisions improving flexibility in managing various payout scenarios withing the single Payout (AFE).

Payout Calculations

SAP Standard APIs deliver the JVA and PRA transaction data to ensure secure and accurate monthly calculations.

Electronic Data Imports

Facilitates the import of non-operating payout master data electronically, enhancing data accuracy and reducing manual entry.

Payout Recalculations

Recalculation processes allow for correcting issues (effective dates, ownership changes, etc.) within a Payout without manual intervention or unnecessary balance adjustments.

Payout Analytics

Powered by SAP Analytics Cloud (SAC) tools to provide enhanced analytics for current payout positions with summary and detailed drill-down, aiding in improved decision-making.

Payout Projections

Enables projection of operated and non-operated payouts, assisting in forecasting and financial planning.

Monthly, Quarterly or On-Demand Statement Delivery

Provides capabilities for delivering payout statements through various channels (email, EnergyLink, etc.) ensuring timely and accurate communication with Owners.

Defining Payout Terms

Allows the definition of complex payout terms and penalty provisions improving flexibility in managing various payout scenarios withing the single Payout (AFE).

Payout Calculations

SAP Standard APIs deliver the JVA and PRA transaction data to ensure secure and accurate monthly calculations.

Electronic Data Imports

Facilitates the import of non-operating payout master data electronically, enhancing data accuracy and reducing manual entry.

Payout Recalculations

Recalculation processes allow for correcting issues (effective dates, ownership changes, etc.) within a Payout without manual intervention or unnecessary balance adjustments.

Payout Analytics

Powered by SAP Analytics Cloud (SAC) tools to provide enhanced analytics for current payout positions with summary and detailed drill-down, aiding in improved decision-making.

Payout Projections

Enables projection of operated and non-operated payouts, assisting in forecasting and financial planning.

Monthly, Quarterly or On-Demand Statement Delivery

Provides capabilities for delivering payout statements through various channels (email, EnergyLink, etc.) ensuring timely and accurate communication with Owners.

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Benefits

Operational Efficiency

By automating and streamlining payout processes, PME significantly increases the ability to more easily manage complex scenarios. This efficiency translates into cost savings and allows staff to focus on more strategic tasks.

Data Security & Accuracy

The SAP BTP Integration delivers the secure APIs and CDS Views required to manage the Payout process from cradle to grave.

Strategic Decision Making

The workflow and analytical tools embedded in PME support strategic decision-making, enabling companies to manage and understand their ownership positions and what the future looks like.
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