Oil and Gas ERP Software

Gain an edge in the oilfield equipment rental market  

 

Maximize equipment efficiency, ensure compliance, and manage complex pricing with oil and gas ERP software embedded into Microsoft Dynamics 365 F&SCM.  

Experience our Oil and Gas ERP Software firsthand

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Oilfield Rental Management

For oil and gas rental companies, the performance of equipment is crucial as it is rented out and used in harsh environments such as remote drilling sites. 

Even a slight equipment malfunction can cause safety issues, delays in projects, increased downtime, and, ultimately, customer dissatisfaction.

STAEDEAN’s oil and gas ERP software, built to solve the oil and gas rental industry’s complex project problems, addresses problems of budget overruns, poor resource management, and maintenance, leading to inefficiencies and equipment downtime.

Embedded into Microsoft's AI-enabled Dynamics 365 F&SCM and built on Azure and Power Platform, our oilfield rental software ensures compliance with industry regulations and safety standards.

With strong inventory tracking and logistics features, you can manage a wide range of specialized equipment across multiple locations, ensuring increased equipment utilization and on-time delivery of quality equipment to customer sites.

To stay competitive, offer dynamic pricing options based on factors like duration, usage, and even weather conditions, and consistently meet customer requirements.

Scroll down to find out how our oil and gas ERP software can benefit you!

Key Challenges

Maintaining high equipment performance
Oil and gas firms need reliable equipment for efficiency in harsh environments. Rental companies must provide high-functioning assets for customer satisfaction. STAEDEAN oil and gas ERP software tracks equipment usage and maintenance, ensuring high performance and compliance with industry standards.
Complex projects
Oil and gas projects are complex, requiring careful management of budgets, safety, and regulatory compliance. STAEDEAN’s AI-enabled oilfield rental software offers complete visibility, helping you manage complex projects and ensure compliance by handling equipment checks, maintenance, and certifications.
Demand fluctuations due to market volatility
The cyclical nature of the oil and gas industry and fluctuations in demand impact rental rates and equipment utilization. With oil and gas ERP software, manage complex pricing structures and offer flexible, competitive rates to customers.

Key Features

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    Maintenance management

    Track maintenance activities with automated maintenance workflows. Schedule timely equipment checks, including preventive, predictive, corrective, and delayed maintenance tasks. Generate work orders for repair and servicing and maintain service histories for each piece of equipment. Create checklists for work orders based on industry standards, safety regulations, or customer-specific agreements.

    Regulatory compliance and reporting

    Schedule inspections, manage certifications, and maintain service documentation. Track compliance requirements, including safety standards and licenses. Maintain an audit trail and provide customers with comprehensive training materials and manuals. 

    Supply chain and logistics management

    Monitor inventory to avoid stock-outs and maintain an efficient supply chain. Use graphical dashboards for optimal resource planning. Use the mobile app for efficient pickups and deliveries ― track equipment location and the quickest route to the client site. Enable field service engineers to do maintenance work even in restricted or no internet coverage areas.
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    Benefits

    Strengthen maintenance

    Prevent breakdowns, minimize downtime, and extend the lifespan of equipment by monitoring maintenance schedules, history, and service records. With timely maintenance, improve equipment performance and maintain compliance.

    Offer timely delivery and on-site repairs

    With mobile-enabled rental software, ensure prompt equipment pickups and deliveries, leveraging GPS navigation features. Deliver efficient maintenance services directly to client sites, even in remote areas with limited or no internet access.

    Manage complex projects

    Create a master project for each job site, with unlimited sub-projects having their own start and end dates. This allows efficient planning for each phase. Start projects with an estimated quote and set budget, then closely monitor the budget during execution to control costs and prevent overspending.

    Improve equipment utilization

    Get real-time visibility into equipment availability, utilization rates, and rental schedules. Efficiently manage inventory and rental contracts to improve asset utilization, reducing idle time and increasing revenue generation.

    Offer competitive pricing

    Manage multiple, complex pricing structures and provide accurate invoices. Offer flexible rates to cover costs, improve revenue margins, and gain a competitive edge.

    Manage global operations

    Coordinate operations across multiple locations, leading to improved efficiency.  Keep accurate records of employee qualifications and certifications to ensure tasks such as repairs, maintenance, and deliveries are assigned correctly

    Features

    Inventory Management

    Inventory Management

    Efficiently manage the inventory of highly specialized oil and gas equipment. Track equipment availability, location, and status in real time. Create and manage rental agreements, specifying terms, conditions, pricing, and rental durations. 

    Compliance Management

    Compliance Management

    Track compliance and maintain an audit trail of activities, including certifications, licenses, safety standards, and maintenance checks. 

    Flexible Rental Pricing

    Flexible Rental Pricing

    Offer flexible pricing structures, including hourly, daily, weekly, or monthly rates, as well as discounts and custom pricing agreements.

    Global Fleet Management

    Global Fleet Management

    Provide a global view of the fleet across multiple depots to enable efficient equipment allocation.

    Finance and Accounting

    Finance and Accounting

    Automate billing processes, generate accurate invoices, and reconcile payments. Get an intuitive crediting process for multiple scenarios in a user-friendly wizard format.

    Frequently asked questions

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    Can your solution manage billing and invoicing? 

    Yes, you can manage varied pricing and invoicing methods, such as time-based, tiered, location-based, and consumption-based pricing. Track usage and offer discounts for longer rentals. You can also set special pricing for projects or specific orders, and adjust prices based on location, wear and tear, etc.  

    How does your solution ensure safety when working with complex rental assets? 

    Safety is ensured through work order checklists, tracking personnel qualifications, and monitoring rental assets' maintenance history and operational status. With complete equipment visibility, you can track maintenance status, perform timely repairs, and offer an updated rental fleet to the market. 

    What maintenance plans do you offer? 

    You can schedule timely equipment checks, including preventive, predictive, corrective, and delayed maintenance tasks. Generate work orders for repairs and servicing, and keep service histories for each piece of equipment. 

    Is a mobile solution available to manage delivery and logistics? 

    Yes, our rental field service app powered by Microsoft’s Power Platform enables truck drivers to register completed routes, hours spent, and additional costs. Our cloud-based rental transportation  app built on Power Platform enables equipment pick-ups, deliveries, and returns from multiple locations. It helps to report damaged items, different quantities, or items that are not loaded on the spot via scanning function to avoid delays and paper trial. Also, fuel registration can be done on at every step of the journey. 

    Is comprehensive reporting available to track project progress? 

    Yes, comprehensive reporting is available to track project progress, along with all the related activities, including rental, sub-rental, purchase, sale, registration of additional costs and hours, project locations, stages, and billing. 

    Resources

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      Project-Driven Solution in Dynamics 365 F&SCM Factsheet

      Effortlessly rent and manage dynamic equipment, services, and consumables for complex projects using the AI-enabled, adaptable solution for your project needs.
      Download Factsheet
      Factsheet of STAEDEAN Project-Driven Solution in D365

      Service-Driven Solution in Dynamics 365 F&SCM Factsheet

      Easily manage multiple revenue channels by handling equipment rentals, sales, and services to an international clientele using our AI-enabled, adaptable solution.
      Download Factsheet
      Factsheet of STAEDEAN Service-Driven Solution in D365

      Equipment Rental Software Buyer’s Guide

      Explore our buyer's guide to understand the importance of equipment rental solutions and learn how to choose the best one for your business needs.
      Download Guide
      A comprehensive guide to buying equipment rental ERP software

      How to handle complex pricing in equipment rentals

      Read the whitepaper to discover how you can manage complex pricing variables and set flexible rates to remain competitive and maximize revenue.
      Download Guide
      How equipment rental enterprises can manage strategic pricing

      10 Features to Consider When Looking for An Equipment Rental Software

      Thomas SonnichsenThomas Sonnichsen
      Feb 8, 2023
      Top 10 capabilities you should look for in an equipment rental solution to stay competitive in a constantly evolving market.
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      Features to consider in an equipment rental software solution

      How Does Equipment Rental ERP Software Help Your Business?

      Cor TiemensCor Tiemens
      Mar 6, 2020
      Does your equipment rental company have the right technology to grow with the market? Discover the 6 ways in which equipment rental ERP software adds value to your business.
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      Offering Project-Driven Rentals? Here’s What You Need to Know!

      Anastasia van der WielenAnastasia van der Wielen
      Jul 28, 2022
      Find out how to manage complex project-driven rentals and monitor budget, utilization, and invoices while ensuring timely project delivery without cost overruns.
      Read more
      Managing project-driven rental with rental software in D365
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