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Switching From Oracle Financials to Microsoft Dynamics GP – Case Study

Switching From Oracle Financials to Microsoft Dynamics GP – Case Study

Dynamics GP Case Study Peak Oilfield Services, based in Anchorage, Alaska, is a leading oilfield service and construction firm with four locations: Anchorage, Kenai, Prudhoe Bay, and Valdez with over 2,000 employees.

Background

Early on, company leaders recognized the need to operate efficiently and respond quickly to customer requests. After 15 years of growth, they recognized the need to upgrade systems to take advantage of advances in technology and to further streamline operations.

Challenge

Peak Oilfield wanted to integrate its field-based job costing and headquarters-based accounting systems across several affiliated companies to more quickly respond to customer requests and requirements.

Solution 

After an extensive search for a software and service provider, the company replaced its outdated proprietary job costing and billing system and build and maintain a reliable network infrastructure. Its new Capture job costing system, designed to track all costs associated with projects, was built with a Microsoft® SQL Server™ 2005 database.

In 2005, when one of Peak’s sister companies was reorganized, Renate Hill, Vice President of Finance at Peak Oilfield Services, proposed that a shared services accounting department be created to manage all of Peak’s sister companies. To ensure they had the flexibility and control they needed to quickly access information and better meet customer requests, Hill also proposed they move off the Oracle-based accounting system.

We had about three months in which to create an accounting system that would support our five companies,” says Hill. “Oracle wasn’t the way for us to go. Our feeling was that Oracle would require far more time to customize and that it would be too expensive to deploy and maintain.”

Hill and her colleagues turned to Microsoft Dynamics™ GP business software. I was very impressed with the interface and ease of use,“ said Hill. Hill now oversees a staff of 14 who use the Microsoft Dynamics GP General Ledger, Bank Reconciliation, Accounts Receivable, Accounts Payable, Payroll, Human Resource, and Fixed Assets modules.

Benefits

By adopting the Microsoft Dynamics GP solution, Peak Oilfield has:

  • Faster access to data
  • Efficient, customizable processes
  • Flexible reporting
  • More profitable operations
  • Lower cost of ownership
  • Hardware
  • Dell PowerEdge servers

 

 

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