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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Oil and Gas Joint Interest related functionality Features and Functions

Joint Interest Partner
The specific roles and contibutions of partners in an Oil venture  project will vary widely. Collectively, they are referred to as Joint Interest Partners

Partner-System
Just as the agreements may vary, so will the financial accounting and project data communication requirements. The scope and type of communication between systems of the joint interest parties are referred to as Partner-System categories

 



J-I Accounting Structures

The Upstream Oil and Gas business is a very specialized (if not unique) business model. It is common Practice for companies, individuals and government agencies to form partnerships  to explore, develop and share production of oil wells. More often than not this is a short-term alliance than a long-term partnership  warranting the creation of a separate shared company. The specific roles and contibutions to a project will vary widely.

Collectively, the are referred to as Joint Interests

 



J-I Costing and Billing



Financials Features and Functions
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