FACING THE WRONG KIND OF WELLHEAD PRESSURE?
A Value-Adding Alternative to In-House Accounting for Oil and Gas Companies
When revenues decline and a company needs to restructure or consider bankruptcy, it is difficult to retain the talent in the back office. Low morale and concern about future employment often burdens the administrative support team processing accounts payable and payroll. One Cypress Advisory Solutions can help.
Unlike a standard accounting firm, our team has the hands-on, field tested experience and expertise to execute back office functions at a low cost. We will quickly analyze your current processing situation, identify and resolve problems and develop an efficient flow of transactions, providing you with financial reporting necessary to manage your assets in this changing energy environment.
In addition to expertise in accounting, our staff is experienced and knowledgeable in all phases of transaction processing for upstream and midstream energy companies. By outsourcing your day-to-day back office operations to our team of oil and gas industry experts, you can ensure your company is properly equipped for continued production.
One Cypress Advisory Solutions provides the following back office functions:
- Accounts payable processing
- Accounts receivable collections
- Financial and severance tax reporting
- Revenue distribution
- Joint interest billing
- Maintenance of division order records
Schedule an Initial Consultation
In the oil and gas sector, we know that no two companies are exactly the same. Our industry experience enables us to structure our services to meet your unique needs. Contact us today for a personalized consultation.