Marketing Revenue Reporting & Analysis Module
Improve information management and internal controls for revenue reporting.
For companies that have relied on a mix of spreadsheets for storing and processing revenue information, federal regulations impose strict rules on the effectiveness of data controls. For those companies who need to improve information management beyond spreadsheet systems, EMK3 offers the Revenue Reporting and Analysis Module.
The Revenue Reporting & Analysis Module captures all data used for revenue and expense calculations and provides critical internal controls for information management. This module provides full transaction processing capabilities from calculating wellhead netback prices, including all gathering and transportation expenses, to powerful reporting and analysis tools.
Highlights
- Calculate all Purchases, Sales and G/T Expenses
- Generate Invoices and Auto-Email
- Calculate Wellhead Netback Price
- Generate Accruals for Accounting
- Store Purchaser Statements from Buyer
- Reconcile Price
- Calculate Wellhead Differentials
- Automated FERC 552
- Analyze Revenue by Buyer and More
Key Features
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Calculate all Purchases, Sales and Gathering/Transportation Expenses
Calculate all Purchases and Sales using the contract terms set up under Contract Admin. Also calculate all gathering and transportation expenses using contract terms set up under Transportation.
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Generate Invoices and Auto-Email
Generate invoices for each Purchase and Sales. Customize your invoice style by defining your own invoice template. Invoices can be automatically emailed as a PDF or Word attachment.
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Calculate Wellhead Netback Price
Calculate wellhead netback prices with configurable parameters on deducting G&T expenses, fuel, pipeline cashouts, and more.
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Generate Accruals for Accounting
Generate accruals to provided revenue data to the accounting department.
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Store Purchaser Statements from Buyer
Store purchaser statement details received from buyers for tracking and verification.
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Reconcile Price
Verify against your counter-party that you were paid the correct price per the contract terms.
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Calculate Wellhead Differentials
Calculate index and NYMEX differentials to wellhead netback prices for a well-by-well comparison.
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Automated FERC 552
Generate the FERC 552 transaction report using contract terms and sales volume captured within the system.
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Calculate Prior-Period Adjustments
Store multiple revenue calculations, such as “Preliminary” and “Final”, and calculate PPAs. In addition, generate revised invoices.
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Store Cash Receipts
Store cash receipts for invoice payments to track unpaid balances.
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Analyze Revenue by Buyer and More
Analyze your revenue by buyer, market, location, price structure and more to manage risk exposure.
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Generate Reports
Revenue Accrual, Property Balance, G&T Expense, Product Pricing, Differential Analysis, Revenue by Buyer and more.