New European Offshore (NEO) Energy partnered with GK to implement Oracle EPM Planning application to align financial and quantity forecast data for better more accurate yearly forecasts.
‘We choose GK as our implementation partner as they were able to demonstrate a wealth of experience and expertise with the EPM product suite combined with their collaborative working practices made them a great fit for NEO. Their approach to the pitch showed their attention to detail with respect to the product and ensuring best practice delivery.’
“With GK we felt that they were part of the team, they work both on and off site keeping the team on track to meet our go live date. With regular milestone meetings in place, all stakeholders had oversight of the project and were able to assess risk and deal with any challenges effectively. “
“This implementation has been a huge success, having a positive impact on the team and business. By simplifying our processes GK have enabled the team to free up time to focus on analysis and variance commentary. We would highly recommend GK if you are considering a similar transformation project.“
Planning Manager, NEO
Neo Energy (NEO), an independent full-cycle North Sea operator in the UK Continental Shelf owned by HitecVision, has been using a spreadsheet based forecast planning process which had inherent risks and was difficult to scale. NEO required a solution to provide a single source of the truth and a central location for all versions of the forecast process data sets.
Conducted design workshops, reviewed planning hierarchies and captured NEO’s forecast planning requirements
Documented and captured system design specification working collaboratively with the NEO team
Implemented a custom Oracle EPM Planning application based on the agreed design. Migrated historical data and performed data validation in the new system. Built integration between SAP and Oracle EPM Planning. Delivered to regular milestones and kept the team informed of the progress through scheduled communications
Provided training to users and system administrators, conducted integration testing, and ran the user acceptance testing obtaining user signoff of the solution
Made the system live and provided hyper care to the users during go-live with on-site support