--- title: "Best Oil and Gas Software - 2026 Reviews & Pricing" description: "Find the best Oil & Gas Accounting Software for your organization. Compare top Oil & Gas Accounting Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/accounting/energy-software-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / Oil and Gas Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Oil and Gas Software of 2026 Updated October 25, 2026 On this page 1. Popular Comparisons 2. Buyers Guide 3. Related Software Filter products 114 results ### Compare Products Showing 1 - 25 of 114 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Striven](/project-management/striven-profile/) - Overall rating: 4.8/5 - Reviews: 130 - Starting price: $35.00/month - Best for: Small businesses - Free trial: Available - Free demo: Not available #### Overview Striven is a cloud-based, all-in-one business management ERP platform built for small and midsize companies tired of duct-taping popular accounting tools, a CRM, a project tool, [Read more](/project-management/striven-profile/) #### Features ##### Best rated features - Routing: 5/5 - Document Storage: 5/5 - Milestone Tracking: 5/5 - Percent-Complete Tracking: 5/5 ##### Worst rated features - API: 1/5 [See all features](/project-management/striven-profile/#key-features) #### Pricing ##### Standard - Price: $35.00/month - The plan is based on the number of users. ##### Enterprise - Price: $70.00/month - The per-user price decreases as the number of users increases. [See full pricing details](/project-management/striven-profile/#pricing-and-plans) --- ### [FieldAware](/recycling/fieldaware-profile/) - Overall rating: 3.5/5 - Reviews: 74 - Starting price: $70.00/month - Free trial: Not available - Free demo: Not available #### Overview FieldAware by GPS Insight is a field service management software made specifically for businesses who have a mobile workforce and want to get organized, automated, and connected to [Read more](/recycling/fieldaware-profile/) #### Features ##### Best rated features - Document Management: 5/5 - Estimating: 5/5 - Timesheet Management: 5/5 - Billing & Invoicing: 5/5 ##### Worst rated features - Technician Management: 2/5 - Accounting Integration: 2.5/5 - Job Tracking: 3/5 [See all features](/recycling/fieldaware-profile/#key-features) --- ### [MobiWork](/field-service/mobiwork-profile/) - Overall rating: 4.8/5 - Reviews: 113 - Starting price: $20.00/month - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview MobiWork© is the leading field services management software solution and is the perfect fit for any small, mid-size, or large field services management company with employees or [Read more](/field-service/mobiwork-profile/) #### Features ##### Best rated features - Cost Tracking: 5/5 - Payment Collection in the Field: 5/5 - Inventory Management: 5/5 - Performance Metrics: 5/5 ##### Worst rated features - Data Import/Export: 4/5 [See all features](/field-service/mobiwork-profile/#key-features) --- ### [Motive](/fleet-management/motive-profile/) - Overall rating: 4.5/5 - Reviews: 1,689 - Best for: Small businesses - Free trial: Not available - Free demo: Not available #### Overview Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy. It caters to industries, such as trucking and [Read more](/fleet-management/motive-profile/) ##### What users love - Responsive and knowledgeable support - User-friendly and intuitive interface - Comprehensive driver oversight tools ##### To take in mind - Truck management limitations and glitches - Cost concerns and refund issues - Inconsistent phone support experience #### Features ##### Best rated features - Warehouse Management: 5/5 - Real-Time Updates: 5/5 - Workflow Management: 5/5 - Expense Tracking: 5/5 ##### Worst rated features - Work Order Management: 1/5 - Invoice Management: 2/5 - Records Management: 3.3/5 - Reporting/Analytics: 3.6/5 [See all features](/fleet-management/motive-profile/#key-features) --- ### [PakEnergy Accounting](/accounting/wolfepak-erp-profile/) - Overall rating: 4.7/5 - Reviews: 21 - Starting price: $1,750.00 - Free trial: Available - Free demo: Not available #### Overview WolfePak ERP is an accounting solution for oil and gas enterprises, including operators, crude purchasers, service companies, and investors. This solution can automate accounting, [Read more](/accounting/wolfepak-erp-profile/) #### Pricing ##### Basic - Price: $1,750.00 [See full pricing details](/accounting/wolfepak-erp-profile/#pricing-and-plans) --- ### [Petrofly](/accounting/petrofly-profile/) - Overall rating: 5/5 - Reviews: 4 - Free trial: Available - Free demo: Not available #### Overview Petrofly is a modern, flexible, and advanced software company that primarily focuses on the Oil and Gas industry. Petrofly offers, but is not limited to, production management, [Read more](/accounting/petrofly-profile/) #### Features ##### Best rated features - Project Management: 5/5 - Inventory Management: 5/5 - Chart of Accounts: 5/5 - Bank Reconciliation: 5/5 [See all features](/accounting/petrofly-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/accounting/petrofly-profile/#pricing-and-plans) --- ### [VelocityEHS | EHS Software to Outpace Risk](/compliance/velocityehs-profile/) - Overall rating: 4.5/5 - Reviews: 166 - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview VelocityEHS is different. We’re not just a software company, we’re expert problem solvers who know how to simplify complex issues to deliver exceptional outcomes. Whether you’re a [Read more](/compliance/velocityehs-profile/) #### Features ##### Best rated features - Collaboration Tools: 5/5 - Real-Time Reporting: 5/5 - OSHA Recordkeeping: 4.8/5 - Inspection Management: 4.8/5 ##### Worst rated features - Monitoring: 3.8/5 - Dashboard: 4/5 - Real-Time Monitoring: 4/5 [See all features](/compliance/velocityehs-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/compliance/velocityehs-profile/#pricing-and-plans) --- ### [Ventus](/construction/vertical-market-software-ventus-software-profile/) - Overall rating: 4.3/5 - Reviews: 43 - Free trial: Not available - Free demo: Not available #### Overview Ventus is an integrated service and construction management platform designed for contractors who require precision, visibility, and control across their operations. It unifies [Read more](/construction/vertical-market-software-ventus-software-profile/) #### Features ##### Best rated features - Mobile Access: 5/5 - Dispatch Management: 5/5 - Scheduling: 5/5 - Accounting: 5/5 ##### Worst rated features - Location Tracking: 4/5 - Job Scheduling: 4/5 - Customer History: 4/5 [See all features](/construction/vertical-market-software-ventus-software-profile/#key-features) --- ### [M1 ERP](/manufacturing/m1-erp-profile/) - Overall rating: 3.8/5 - Reviews: 103 - Starting price: $5,000.00 - Free trial: Not available - Free demo: Not available #### Overview M1 ERP is a subscription-based enterprise resource planning (ERP) system, available on-premise or via the cloud, that automates financials, inventory, production, sales/quoting and [Read more](/manufacturing/m1-erp-profile/) #### Features ##### Best rated features - Warehouse Management: 5/5 - Estimating: 5/5 - Bills of Material: 5/5 - Data Import/Export: 5/5 [See all features](/manufacturing/m1-erp-profile/#key-features) --- ### [BOSS811](/public-works/boss811-profile/) - Overall rating: 4.8/5 - Reviews: 78 - Starting price: $2,500.00/year - Free trial: Not available - Free demo: Not available #### Overview BOSS Solutions delivers cloud-based software platforms that help organizations streamline utility damage prevention, excavation response, field locating operations, and service [Read more](/public-works/boss811-profile/) #### Features ##### Best rated features - Performance Metrics: 5/5 - Statistical Analysis: 5/5 - Geocoding: 5/5 - Map Sharing: 5/5 [See all features](/public-works/boss811-profile/#key-features) --- ### [Powered Now](/accounting/powered-now-profile/) - Overall rating: 4.7/5 - Reviews: 137 - Starting price: £28.00/month - Best for: Ease of use - Free trial: Available - Free demo: Available #### Overview Powered Now is a cloud-based field service management solution which assists small contracting businesses with team scheduling, invoicing and billing. Its key features include GPS [Read more](/accounting/powered-now-profile/) #### Features ##### Best rated features - Project Management: 5/5 - Performance Metrics: 5/5 - Project Billing: 5/5 - Mobile App: 5/5 ##### Worst rated features - Automated Scheduling: 1/5 - Work Order Management: 3/5 - Customizable Invoices: 3/5 [See all features](/accounting/powered-now-profile/#key-features) #### Pricing ##### Business - Monthly - Price: £28.00/month ##### Professional - Monthly - Price: £32.00/month ##### Premium - Monthly - Price: £40.00/month [See full pricing details](/accounting/powered-now-profile/#pricing-and-plans) --- ### [Synergist](/environmental/synergist-profile/) - Overall rating: 4.7/5 - Reviews: 42 - Starting price: £13.00/month - Free trial: Not available - Free demo: Not available #### Overview Synergist is an all-in-one agency management software that helps agencies find efficiencies, improve profit margins and grow intelligently. Synergist brings together everything you [Read more](/environmental/synergist-profile/) #### Features ##### Best rated features - Performance Metrics: 5/5 - Budget Management: 5/5 - Workflow Management: 5/5 - Time & Expense Tracking: 5/5 ##### Worst rated features - Budgeting/Forecasting: 3/5 - Client Management: 3/5 - Project Planning: 3/5 - Tagging: 3/5 [See all features](/environmental/synergist-profile/#key-features) --- ### [Novara Flex](/product/121855-NovaraFlex/) - Overall rating: 4.8/5 - Reviews: 130 - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview Novara Flex is cloud-based EHS (Environmental, Health & Safety) and operational risk management software for mid-market and SMB companies in regulated, hazardous industries, such [Read more](/product/121855-NovaraFlex/) #### Features ##### Best rated features - SCORM Compliance: 5/5 - Social Learning: 5/5 - Mobile Learning: 5/5 - Mobile Access: 5/5 [See all features](/product/121855-NovaraFlex/#key-features) #### Pricing ##### Pricing - Price: Custom - Pricing available upon request - Pricing is based on number of users who will need access to the software. - with additional fess for [See full pricing details](/product/121855-NovaraFlex/#pricing-and-plans) --- ### [Proteus](/product/186472-Proteus/) - Overall rating: 5.0/5 - Reviews: 21 - Starting price: $40.00/month - Free trial: Available - Free demo: Not available #### Overview Proteus is an end to end project management solution that can meet the needs demanded by complex projects, global teams, and ambitious targets. Proteus is a feature-rich low-cost [Read more](/product/186472-Proteus/) #### Features ##### Best rated features - Gantt/Timeline View: 5/5 - Version Control: 5/5 - Access Controls/Permissions: 5/5 - Resource Request: 5/5 ##### Worst rated features - Time Tracking: 4/5 - Reporting/Analytics: 4/5 - Resource Scheduling: 4/5 - Sub-Task Management: 4/5 [See all features](/product/186472-Proteus/#key-features) #### Pricing ##### Proteus Standard - Price: $40.00/month - Ideal for teams running repeatable projects, the Proteus Standard tier is commonly used by our [See full pricing details](/product/186472-Proteus/#pricing-and-plans) --- ### [Commusoft](/garage-door/commusoft-profile/) - Overall rating: 4.7/5 - Reviews: 212 - Best for: Features - Free trial: Not available - Free demo: Not available #### Overview Commusoft is built for commercial and industrial HVAC, plumbing, refrigeration, generators installers, and facility maintenance businesses managing PPM, asset tracking, service [Read more](/garage-door/commusoft-profile/) #### Features ##### Best rated features - CRM: 5/5 - Employee Scheduling: 5/5 - Work History: 5/5 - Customizable Fields: 5/5 ##### Worst rated features - Equipment Tracking: 1/5 [See all features](/garage-door/commusoft-profile/#key-features) --- ### [GreaseBook](/accounting/greasebook-profile/) - Overall rating: 4.9/5 - Reviews: 18 - Free trial: Not available - Free demo: Not available #### Overview GreaseBook was built around the guy in the truck: big buttons, dead-simple screens, and offline mode for leases with no signal. Pumpers gauge from their phones in seconds. The [Read more](/accounting/greasebook-profile/) #### Features ##### Best rated features - Scheduling: 5/5 - Asset Tracking: 5/5 - Real-Time Monitoring: 5/5 - Inventory Management: 5/5 [See all features](/accounting/greasebook-profile/#key-features) --- ### [TrueContext](/field-service/prontoforms-profile/) - Overall rating: 4.6/5 - Reviews: 333 - Starting price: $4,800.00/year - Best for: Ease of use - Free trial: Available - Free demo: Not available #### Overview TrueContext is the field service workflow platform for today’s connected worker. It enables frontliners with smart, context-aware forms and AI-augmented mobile workflows, unlocking [Read more](/field-service/prontoforms-profile/) #### Features ##### Best rated features - Customer Database: 5/5 - Configurable Workflow: 5/5 - Activity Tracking: 5/5 - GPS: 5/5 [See all features](/field-service/prontoforms-profile/#key-features) #### Pricing ##### Digital - Price: $4,800.00/year - Designed for orgs with paper-based processes looking to digitize for more efficient fieldwork, more ##### Intelligent - Price: Custom - Pricing available upon request - Designed for orgs looking to create more value from existing digitization through free-flowing data ##### Elite - Price: Custom - Pricing available upon request - Designed for orgs with mature field ops and complex enterprise environments looking to scale [See full pricing details](/field-service/prontoforms-profile/#pricing-and-plans) --- ### [Asset Infinity](/inventory-management/asset-infinity-profile/) - Overall rating: 4.7/5 - Reviews: 38 - Starting price: $49.00/month - Free trial: Available - Free demo: Not available #### Overview Asset Infinity keeps one register of everything an organization owns, from laptops to vehicles, machines and medical devices, and runs the work around it. Tag and audit assets with [Read more](/inventory-management/asset-infinity-profile/) #### Features ##### Best rated features - Product Identification: 5/5 - Third-Party Integrations: 5/5 - Customizable Fields: 5/5 - Location Tracking: 5/5 ##### Worst rated features - IT Asset Tracking: 3/5 - Work Order Management: 3.5/5 [See all features](/inventory-management/asset-infinity-profile/#key-features) #### Pricing ##### Basic - Price: $49.00/month [See full pricing details](/inventory-management/asset-infinity-profile/#pricing-and-plans) --- ### [Productioneer](/accounting/productioneer-profile/) - Overall rating: 5/5 - Reviews: 12 - Starting price: $10.00 - Free trial: Available - Free demo: Not available #### Overview Productioneer is a cloud-based software for the oil & gas industry that helps with data collection, reporting, and analytics processes. The platform consists of a suite of [Read more](/accounting/productioneer-profile/) #### Pricing ##### Basic - Price: $10.00 [See full pricing details](/accounting/productioneer-profile/#pricing-and-plans) --- ### [Dashpivot](/capa/dashpivot-profile/) - Overall rating: 4.7/5 - Reviews: 76 - Starting price: $32.00/month - Free trial: Available - Free demo: Available #### Overview Dashpivot is a cloud-based project management solution that helps construction businesses of all sizes manage workflow, teams, and projects. It allows users to capture, organize [Read more](/capa/dashpivot-profile/) #### Features ##### Best rated features - Inventory Management: 5/5 - Offline Access: 5/5 - Incident Reporting: 5/5 - Budget Tracking: 5/5 ##### Worst rated features - Defect Tracking: 3.5/5 - Audit Management: 3.7/5 - Quality Control: 3.7/5 - Commercial: 4/5 [See all features](/capa/dashpivot-profile/#key-features) #### Pricing ##### Standard Plan - Price: $32.00/month - This plan starts at $32 per user/per month for 1-5 users and extends up to $17 per user/per month ##### Pro Plan - Price: $54.00/month - This plan starts at $54 per user/per month for 1-5 users and extends up to $39 per user/per month [See full pricing details](/capa/dashpivot-profile/#pricing-and-plans) --- ### [Matidor](/collaboration/matidor-profile/) - Overall rating: 4.9/5 - Reviews: 10 - Starting price: $0.00/year - Free trial: Available - Free demo: Not available #### Overview Matidor is a GIS-native field operations and project management platform built for organizations that run complex work in the field rather than in an office. Operations teams use [Read more](/collaboration/matidor-profile/) #### Features ##### Best rated features - Job Management: 5/5 - Project Management: 5/5 - Reporting & Statistics: 5/5 - Communication Management: 5/5 ##### Worst rated features - Customizable Reports: 3/5 - Location Tracking: 3/5 [See all features](/collaboration/matidor-profile/#key-features) #### Pricing ##### Free Trial - Price: $0.00/year - 14-day free trial of Matidor's GIS-native field operations platform. No credit card required. Import ##### Starter - Price: $395.00/month - For small field teams getting off spreadsheets. GIS mapping, offline mobile app, real-time budget ##### Enterprise - Price: Custom - Pricing available upon request - For oil and gas, mining, and multi-region operations. Full platform plus AFE tracking, ArcGIS [See full pricing details](/collaboration/matidor-profile/#pricing-and-plans) --- ### [Omadi](/field-service/omadi-profile/) - Overall rating: 4.7/5 - Reviews: 27 - Starting price: $50.00/month - Free trial: Not available - Free demo: Not available #### Overview From the first dispatch to the final invoice, Autura's purpose-built Towing Management Software helps towing and recovery businesses run smoother, scale with confidence, and [Read more](/field-service/omadi-profile/) --- ### [Work&Track Mobile](/parks-and-recreation/work-track-mobile-profile/) - Overall rating: 4.7/5 - Reviews: 19 - Starting price: €10.00/month - Free trial: Available - Free demo: Not available #### Overview Starting to manage processes digitally in a simple and effective way is easy with Work&Track Mobile. A field service management SaaS solution developed to digitally transform field [Read more](/parks-and-recreation/work-track-mobile-profile/) #### Features ##### Best rated features - Task Scheduling: 5/5 - Maintenance Scheduling: 5/5 - Online Time Clock: 5/5 - Vehicle Tracking: 5/5 ##### Worst rated features - Real-Time Monitoring: 2/5 - Alerts/Notifications: 2/5 - Order Management: 3/5 [See all features](/parks-and-recreation/work-track-mobile-profile/#key-features) #### Pricing ##### Basic - Price: €10.00/month - Software as a service. Basic price per month and user. For companies with more than 10 [See full pricing details](/parks-and-recreation/work-track-mobile-profile/#pricing-and-plans) --- ### [Inspectivity](/mining/inspectivity-profile/) - Overall rating: 4.8/5 - Reviews: 14 - Starting price: A$75.00/month - Free trial: Available - Free demo: Not available #### Overview Inspectivity is an inspection and asset management software that helps energy, minerals and engineering businesses create custom checklists and inspection forms to record and [Read more](/mining/inspectivity-profile/) #### Features ##### Best rated features - Barcoding/RFID: 5/5 - Compliance Management: 5/5 - Corrective and Preventive Actions (CAPA): 5/5 - Customizable Templates: 5/5 ##### Worst rated features - Reporting/Analytics: 4/5 - Equipment Tracking: 4/5 - Scheduling: 4/5 - Maintenance Scheduling: 4/5 [See all features](/mining/inspectivity-profile/#key-features) #### Pricing ##### Basic - Price: A$75.00/month [See full pricing details](/mining/inspectivity-profile/#pricing-and-plans) --- 1 [2](https://www.softwareadvice.com/accounting/energy-software-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/accounting/energy-software-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/accounting/energy-software-comparison/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/accounting/energy-software-comparison/?__ai_markdown=true&page=5) ## Popular Comparisons [ EHS Insight vs VelocityEHS | EHS Software to Outpace Risk ](https://www.softwareadvice.com/compliance/ehs-insight-software-profile/vs/velocityehs/)[ Novara Flex vs Cority ](https://www.softwareadvice.com/compare/121855-NovaraFlex/vs/440912-iqs/)[ TrueContext vs BOSS811 ](https://www.softwareadvice.com/public-works/boss811-profile/vs/prontoforms/)[ Motive vs Ventus ](https://www.softwareadvice.com/fleet-management/motive-profile/vs/vertical-market-software-ventus-software/) ## Send me a copy of this list to my inbox ### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you. Executives in the oil and gas industry are responsible for monitoring a wide variety of financial operations to ensure profitability in addition to overseeing different kinds of regulatory filings at the state and federal levels. Because of these demands, they need a user-friendly and effective accounting system that meets the field’s unique needs. In this guide, we’ll break down the energy software tools available in today’s market to help business leaders make decisions and identify trends in the company’s finances. The technology we’ll discuss automates tedious tasks so staff can focus more of their efforts on delivering excellent services and products to customers. Keep reading if you’re interested in finding out how the right software solution can help your energy company become more lean, productive and profitable. Here's what we'll cover: [What is oil and gas accounting software?](#Whatisoilandgasaccountingsoftware) [What are the common features of oil and gas accounting software?](#Whatarethecommonfeaturesofoilandgasaccountingsoftware) [What are the benefits of oil and gas accounting software?](#Whatarethebenefitsofoilandgasaccountingsoftware) [How to evaluate oil and gas accounting software?](#Howtoevaluateoilandgasaccountingsoftware) [What are the deployment options for oil and gas accounting software?](#Whatarethedeploymentoptionsforoilandgasaccountingsoftware) ## What is oil and gas accounting software? Oil and gas accounting software focuses on tracking energy projects and partnerships, including the acquisition and development of land leases for natural resources. It can also track the status of leases and share it throughout a company while automatically posting land payments to the general ledger. Companies can also monitor the financial positions of each general or limited partner. Larger-scale companies might require additional features, such as multiple currency options. ## What are the common features of oil and gas accounting software? Energy accounting systems typically include standard features in addition to a number of industry-specific functions that buyers should be aware of. Here are some examples: | Feature | Description | | --- | --- | | Core accounting | Includes modules all businesses rely on to manage finances, including a general ledger, tracking accounts payable (A/P) and accounts receivable (A/R), bank reconciliation and fixed assets. | | Land lease tracking | Defines tracts of land nationwide and documents the ownership and lease terms from initial offer to signing. Manages lease obligations like rentals and renewals and provides automatic notifications for payments or lease expiration. | | Documentation & compliance | Helps manage lease documents and receipts. Also keeps you updated on legal issues to support development and delivery of relevant, accurate compliance reports. | | Dispatch tracking | Provides schedule and dispatch maintenance/repair workers information needed to optimize their routes by skill/location to improve efficiency and quality of service. Also includes the ability to estimate job costs and manage service contracts, inventory and purchasing through the dispatch management feature. | | Energy procurement reporting | Streamlines energy procurement decisions using detailed data from loadshapes and special energy reports to create well payout profitability reports. | | Rate/tariff analysis | Compares utility billed rates to alternative rate schedules, including those of competitors and other markets. May also include cost avoidance analysis to see potential solutions, as well as weather data to its impact on costs. | | Well management | Stores everything you need to know about a particular well, including its lifting and status codes. | | Visual tools | Generates line graphs, pie charts and and other visual representations of data entered in the system. These are usually presented in a dashboard interface. | | Document imaging | Stores scanned versions of invoices so they can be routed and approved. | --- ## What are the benefits of oil and gas accounting software? Here are some benefits that explain how energy accounting software can empower employees to optimize financial operations: **More efficient workflows.** Employees are able to save time and effort by using an intuitive system that eliminates the need for duplicate data entry. **Greater accuracy.** A digital solution reduces the margin of human error when it comes to performing complex financial calculations or tracking fixed assets. **Faster decision making.** With the dashboards and reporting functionalities we described above, executives can quickly drill down on the company’s finances. This enables them to come up with informed analyses on key performance metrics and make data-driven decisions to benefit the business. These benefits to apply to every oil and gas company, regardless of its size or location. Solutions exist for startups, mid-size entities and global enterprises. ## How to evaluate oil and gas accounting software? Energy software packages can generate state and federal reports required by auditing government agencies such as the Department of Energy, Environmental Protection Agency or Department of Defense. Sorting profitability by site, activity, crew, geologist/engineer and customer is also a helpful tool in energy accounting systems. Software dispatch systems can help with scheduling and recording load pickups while providing information such as directions and gate combinations. When evaluating these systems, buyers should consider the following: - Can it analyze the financial status of the company’s partners? - Can it track lease status and integrate it with accounting? - Do the features fit the size of the company, as in multiple currencies? - Can it generate the appropriate reporting documents for auditors? It’s possible to start answering these questions _before_ you contact any vendors. Simply check out the product profiles on this website to read real user reviews, get system overviews and watch demo videos for dozens of energy accounting systems. ## What are the deployment options for oil and gas accounting software? Energy accounting software can be implemented in one of two ways: - As a best-of-breed application - As part of an integrated solution that packages together accounting tools, in addition to other functionalities, such as oil and gas production reporting, gas balancing and/or human resources applications Your ultimate selection will depend on your needs and budget. For example, integrated systems are often more robust and expensive than best-of-breed solutions, so they may not be ideal for smaller companies who only really need core accounting tools. Pricing for oil and gas accounting software varies from vendor to vendor and it may be influenced by the number of modules a company needs or the amount of users that need to access the solution. Some software licenses require an upfront lump sum (also known as a perpetual license), while others use subscription-based pricing models. Buyers must choose from cloud-based or on-premise solutions. Cloud software is typically hosted remotely on the vendor’s servers, so it’s especially appealing to smaller businesses with tighter budgets. On-premise systems are more traditional. These are hosted on-site, on the company’s own servers. ### Related Oil and Gas Software - [GIS Software](https://www.softwareadvice.com/cafm/gis-comparison/) - [Mining Software](https://www.softwareadvice.com/mining/)