Pillar Oil modernises financials with Infor and Progressive TSL
Infor, the industry cloud company, has announced that independent energy company Pillar Oil has deployed Infor SunSystems Cloud and HxGN EAM from Infor gold channel partner Progressive TSL. Underpinned by Progressive’s best practice industry framework, designed to configure the solution to meet the specific industry standards inherent in the upstream oil and gas sector, Pillar Oil will benefit from enhanced efficiency, reporting, and the ability to scale easily.
Pillar Oil is a wholly indigenous exploration and production oil and gas company operating in Nigeria. Having previously used SAP Business One, the company needed an integrated, more efficient solution that would meet its operational needs, enhance reporting and visibility, and help bring new entities on board quickly. Infor SunSystems Cloud and HxGN EAM now facilitate a more deft way of managing financial management and procurement for the energy company. One of the key benefits of cloud deployment is that documents can be reviewed and approved at any time, in any location, reducing bottlenecks and expediting processes.
“With deep expertise and experience in the upstream oil and gas sector in this region, Progressive really is the go-to partner for organisations like us that need a financial management solution to support the taxation and regulatory nuances of both the industry and our geography,” comments Uche Nwangboje, general manager of Pillar Oil. “Given the nature of our business, and the agility needed when opening up new entities, having both a partner that understands our needs and a solution that can meet them are paramount.”
“Throughout the project, the Progressive team was on site, working closely with us at every stage, a testament to which is that we went live in just over four months. Now, we can achieve in a click what would have previously taken us days, so we are already seeing massive gains. Against this backdrop, we have absolute confidence that the Infor solution will serve us well as we scale in the coming years,” he adds.
“Having identified a need to replace its previous system from SAP, Pillar Oil required a fully integrated platform to support its financials, crucially with industry-specific capabilities built in to reflect the nuances of the Nigerian oil and gas sector. Opting for an Infor cloud deployment to take advantage of reduced risk and improved security, as well as a much easier way of supporting a remote workforce, the energy leader really is in the best position from which to pursue its expansion plans and scale as market dynamics dictate,” says Chris Walcot, chief executive officer of Progressive TSL.
“Progressive is a business consultancy specialising in implementation and support of finance, supply chain and asset management solutions for asset-intensive industries (including energy, mining & extraction, and engineering services) across the globe. It has held Infor Gold Channel Partner accredited status since 2014.”