Verian Signs Major U.S. Producer of Oil and Natural Gas Liquids
Charlotte, NC (PRWEB) August 16, 2013 -- Verian, known for offering the broadest purchasing and invoice processing software suite available, has signed a major U.S. producer of oil and natural gas liquids headquartered in Alabama.
The new customer has approximately 750 million barrels of oil-equivalent proved, probable, and possible reserves. These all-domestic reserves are located mainly in the Permian and San Juan basins.
The company's wells generated excellent performances in 2012 and are expected to continue to drive double-digit oil and natural gas liquids growth in 2013.
The client’s legacy business is natural gas distribution, and its natural gas affiliate is the largest gas utility in Alabama, providing clean-burning, energy-efficient natural gas to approximately 425,000 homes, businesses, and industries in central and north Alabama.
The new oil and gas customer is deploying Verian’s Materials Transfer Manager and Purchase Manager software modules. Verian’s new solutions will replace the client’s legacy purchasing system.
The new client was impressed with the breadth of Verian’s solutions, primarily the capability to bring materials transfer and purchasing functionality together on a single software platform.
Materials transfers are one of the most critical challenges facing oil and gas companies worldwide. Verian has worked with oil and gas companies for a number of years to help automate their materials transfer processes.
During implementation of the client’s new system, Verian will be completing innovative integrations with two partner organizations that are prevalent in the oil and gas industry, Full Circle Systems, and Cortex Network.
“Verian has considerable experience providing oil and gas companies with solutions to their most pressing financial challenges," said Tehseen Ali Dahya, President and CEO of Verian. “We are pleased this new client has selected Verian, and we look forward to helping them gain visibility and control of their spending.”
About Verian
Founded in 1997, Verian provides the broadest purchasing and invoice processing software suite available. Over 200 clients in industries of all types use Verian's affordable, easy-to-use software solutions to rapidly achieve greater efficiency, visibility, control, and savings. Verian's broad and flexible product offering is highly configurable, yet easy to implement and integrate with other systems. Learn more at Verian.com or by reading the Verian blog. Stay current on Verian happenings by following @VerianTech on Twitter, or by visiting Verian on LinkedIn or Facebook.
Shannon Lowe, Verian, http://www.verian.com, +1 (704) 971-6992, [email protected]
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