What is Integrated Business Planning?
3esi’s Integrated Business Planning (IBP) solution provides companies with the necessary tools to more easily create and actively manage their business plans and ultimately help them make better decisions. 3esi’s IBP solution combines configurable business planning software and business consulting expertise to help our customers improve their business planning process to achieve more stable, value-added long-term and short-term business plans. Our IBP solution provides the necessary tools to capture and progress oil and gas opportunities throughout the oil and gas value chain.
Benefits and Insights
Why use Integrated Business Planning?
Key differentiators & advantages of Integrated Business Planning
- Create short-term and long-term plans in a single data set
- Eliminate complex spreadsheets and time-consuming data reconciliations from the petroleum planning process
- Rank and prioritize opportunities using economic and operational metrics
- Manage an evergreen portfolio, bringing the financial and operational plans together
- Spend more time analyzing scenario trade-offs, preparing contingencies and making better informed decisions
- Track progress against plan
- Blend production and capital forecasts with latest actual data
- Continuously improve and incorporate learnings into the plan