Opportune LLP Successfully Completes Software Upgrade in Less Than Four Months
HOUSTON, October 6, 2020 – Opportune LLP, a global provider of business advisory services to the energy industry, is pleased to announce that it has successfully upgraded its back-office P2 BOLO software solution in less than four months. The firm utilizes, among other applications, BOLO as one of its software applications to provide oil and gas clients the most efficient and cost-effective integrated outsourced solutions.
Opportune is the largest provider of back-office accounting and land administration services in the U.S., accounting for approximately 40,000 wellbores and over 150 entities. The firm offers a full suite of services including, but not limited to, land and lease administration, owner relations, revenue and AP/JIB accounting, production, treasury and financial reporting. Opportune’s client base includes operating companies, first purchasers, midstream, mineral interests, family offices and institutions.
With the upgrade, additional applications and an intensive ongoing training program, the Opportune platform has continued to evolve as the best-in-class outsource provider. Following the roll-out, Opportune’s clients will see:
- Reduced tasks done outside the system, enabling a more streamlined back-office
- Reduced implementation costs (in-house expertise and turnkey model)
- Dynamic team of seasoned professionals matched to client needs – ability to scale
“We are very excited about our continued investments in our platform and team, which further demonstrate our commitment to adding value to our clients,” said Opportune Partner Carl Wimberley.
Opportune LLP is a leading global energy business advisory firm specializing in adding value to clients across the energy industry, including upstream, midstream, downstream, power and gas, commodities trading and oilfield services. Opportune’s service lines include complex financial reporting, dispute resolution, enterprise risk, investment banking, outsourcing, process and technology, reserve engineering and geosciences, restructuring, strategy and organizational design, tax, transactional due diligence and valuation.
Latest
Mastering AV Sales Strategies: A Diverse Market Requires Understanding Individual Needs
Mastering AV sales strategies in a global professional audio-visual (Pro AV) market, poised to reach $79.2 billion by 2028, requires much attention to detail. The surge in demand from corporate, government, and institutional sectors, driven by the need for enhanced productivity and efficient working environments, gives AV sales pros a lot of opportunity. In […]
Cybersecurity in Healthcare: Addressing the Growing Threat
To keep up with the growing threats, cybersecurity in healthcare is a high-level priority. The recent ransomware attack on Ardent Health underscores a stark reality for the healthcare industry: cyber threats are a significant and ongoing challenge. Mike Saylor, the CEO of Blackswan Cybersecurity, LLC, sheds light on the complexities of cybersecurity in healthcare. […]
Effective Debt Management Holds the Keys to Small Business Cash Flow and Growth
Effective debt management through a robust accounts receivable system is essential for small business cash flow and growth, necessitating automated payment schedules and strategic policy adjustments. Collaborating with a collection agency as a strategic partner can enhance revenue recovery while preserving positive customer relationships. How critical is effective debt management for the financial health […]