Petrofac is a global provider of total facilities solutions for the oil & gas industry. They build, operate, finance and co-invest in plant - upstream, midstream and downstream - underpinning the activities with innovative engineering design and comprehensive training programmes.
Petrofac’s successful track record, spanning 20 years and several hundred projects, is based on a partnership approach which demonstrates total commitment to the health and safety of everyone involved, and respect and responsibility for the communities in which they operate.
The 4,500 employees in the company’s major operating centres and local support offices worldwide, provide a unique combination of capabilities and focus relentlessly on delivering results for their customers.
VisionSoft had signed an agreement with Petrofac International Ltd, to provide the Information Technology solution using Oracle technology & Vision 2000 Business Solutions–ERP covering General Ledger, Payables, Receivables, Post Dated Cheque Management, Project Accounting, Assets Management, Request for Quotations (RFQ), Purchases Orders Management and Management Information Reports and Integration to the in-house developed various mini systems.
The Core Finance System and Project Accounting System is in use by Petrofac InternationalToday, the systems are used by Petrofac Users world wide from their various operating offices.
This is what Mr. Maroun, President and Mr. Rohit, Finance Manager has to say about our solution:
"We have a better control on our projects ever since we got Vision 2000 Business Solutions installed at our offices. The system, powered by Oracle Technology, effectively monitors suppliers payments, allows multi-currency transactions and offers flexibility of ad-hoc reports generation which has resulted in an enhanced utilization of resources and better cost control of our projects"