Industry-leading accounting software in upstream oil and gas
IFS BOLO helps accountants in U.S. E&P companies improve efficiencies and achieve greater value for increasingly complex oil and gas accounting operations.
Learn how IFS BOLO:
- Gives you full visibility into revenue accounting, allocation and valuation, accounts payable/receivable, joint interest billing, and more
- Reduces the risks inherent in tracking assets at producing and non-producing properties and calculating DD&A (depletion, depreciation, and amortization)
- Lets you work through an intuitive portal to track data back to the original source of any transaction to retreive a complete, accurate history of all financial activities
- Conforms to your organization's unique and changing needs and is scalable to manage and support hundreds or tens of thousands of wells
- Automates time-consuming accounting practices by replacing spreadsheets and manual processes with best-in-class software that boasts an intuitive UI built for growth-oriented customers
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