Eagle Pipe Case Study

1562 Words 6 Pages
Constant improvement is what it would position Eagle Pipe as a next generation full-service distributors and exploration support. To retain and expand our market, we strive for improvements in software and implementation to position ourselves resilient with existing customer and attract new accounts. An enterprise level application that functions for large companies and small businesses alike will give Eagle Pipe the correct platform for scalability across the board. Liquid Frameworks is a company that in the early two thousand its primary operation was to serve as a consulting firm serving oilfield industrial environmental services markets. By two thousand and seven Liquid Frameworks offered a first generation field operation application. …show more content…
Currently, the different parts of the industry that are taking advantage of FieldFx ranges from pipeline services, water management, well Services, industrial service, safety services, wireline services coil tubing, subsea services, and pressure pumping could benefit from this software implementation. The capacity of Liquid Frameworks and its FieldFX software is bar-none, and its potential for return on investment are outstanding. One of the goals and advantages of implementing FieldFx is the elimination of revenue leakage. Reducing errors on revenue generating activities is achieved by decreasing missed-keyed field data into the invoice, mispriced items on tickets and even lost tickets that never get submitted. Most errors occur due to outdated methods that rely on paper and manual input or a non-specific software with limited capabilities. FieldFx will allow Eagle Pipe to maximize revenue captured by two to four percent on average. Maximizing revenue is accomplished by ensuring all chargeable items are on the tickets, providing costume/location specific pricing information and the ability to have quoted items pulled directly onto the ticket. The final goal that FieldFX will accomplish is to accelerate revenue from customers. Acceleration in the revenue process is achieved by eliminating short-term borrowing associated with the gap between when the work is done, and the …show more content…
Implementation costs involve product training, configuration, and integration. An on-premise comprises cost in software fees, system licenses, software maintenance and software updates. Other on-premise software cost includes professional services upgrade, server upgrades, hardware implementation, backup and testing routines, hardware upgrades, terminal connectivity, IT personnel, disaster recovery plan, network security, support costs, database performance tuning and downtime cost. Three factors determine licensing cost, some users length of the contract (between one and five), and functionality requirements. Annual license cost includes upgrades, maintenance, and standard support. Eagle Pipe has anywhere from 5,000 tickets to 10,000 tickets over the course of thirty days with a ticket average of $180,000 per ticket, with such averages the potential cost for not implementing FieldFX would be $7,340,703.22 annually. Eagle Pipe LLC current cost can be divided into five major categories. One, error rates involving pricing mistakes, missing items, etc. based on a 2% of $100,000,000.00 of annual revenue would be the total annual cost of $2,000,000.00. The second cost is time spent manually keying tickets, on a monthly basis there are 7,000 field tickets and it takes 15minutes, assuming an admin making $19/hr. Would be

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