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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

P2 BOLO stands out as a premier accounting solution specifically tailored for the upstream oil and gas industry, enabling U.S. exploration and production companies to enhance their operational efficiencies and derive greater value from intricate accounting tasks. Each day, P2 BOLO handles a volume of transactions that surpasses the annual totals processed by many other upstream software solutions. The complexities of shared ownership and joint ventures pose unique challenges within oil and gas accounting, which P2 BOLO effectively addresses through its comprehensive Accounting Module, offering insights into revenue accounting, allocation and valuation, as well as accounts payable and receivable, joint interest billing, and much more. Exceptional asset management plays a crucial role in maximizing project profitability. The Asset and Tax Management features of P2 BOLO significantly mitigate the risks associated with monitoring assets across both producing and non-producing properties while facilitating the calculation of Depletion, Depreciation, and Amortization (DD&A). This solution is capable of accommodating hundreds to tens of thousands of properties, seamlessly adapting as your organization expands and evolves in the dynamic energy sector. By leveraging P2 BOLO, companies can not only streamline their accounting processes but also position themselves for long-term success in a competitive landscape.

Description

Our Accounts Payable software is a powerful tool featuring a user-friendly interface aimed at maximizing efficiency and delivering significant benefits. It streamlines the invoice management process through automation, minimizing manual input and decreasing the likelihood of errors, all while facilitating a smooth tracking system for invoices and their approvals. ASCEND’s Fixed Asset application provides a comprehensive automated solution for managing asset costs, significantly reducing the repetitive task of data entry. This application not only allows for the management of fixed assets but also includes functionalities for selling, disposing of, and monitoring assets within your organization. Furthermore, it integrates seamlessly with the bank’s general ledger, offering features like tax reporting, depreciation forecasting, and an extensive report generation tool for comprehensive financial oversight. In doing so, it ensures that institutions can maintain accurate records and streamline their asset management processes effectively.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Enerpact Yes 
Pandell Jobutrax Yes 
eLynx Technologies Yes 

Integrations

Enerpact No 
Pandell Jobutrax No 
eLynx Technologies No 

Pricing Details

$35000 one-time payment
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

P2 Energy Solutions

Founded

1999

Country

United States

Website

www.p2energysolutions.com/p2-bolo

Vendor Details

Company Name

BankTEL Systems

Founded

1992

Country

United States

Website

www.banktel.com

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management Yes 
Job Costing Yes 
Logistics Management No 
Maintenance Management No 
Material Management Yes 
Project Management Yes 
Resource Management Yes 
Scheduling No 
Work Order Management No 

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation No 
Cash Management Yes 
Check Writing Yes 
Duplicate Payment Alert Yes 
Fraud Detection No 
General Ledger Entry No 
Vendor Management Yes 

Fixed Asset Management

Asset Budgeting No 
Asset Lifecycle Management No 
Audit Trail Yes 
Barcoding / RFID No 
Depreciation Management No 
Disposal Management Yes 
Document Management No 
Inventory Tracking No 
Tax Management No 

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