Oil & Gas Capital Budgeting Software
Industry-Leading Capital Budgeting & Forecasting Software
Streamline Capital Project Reforecasts with Execute
Increase confidence in budgeting and forecasting workflows with Execute’s Capital Budgeting module. Reduce reforecasting time, enhance visibility into your organization’s capital budget and allow project managers to cut down their lengthy reforecasting cycles for capital projects.
Optimize Execution Workflows with Integrated Modules
Improve spending controls and avoid cost overruns with Execute Capital Budgeting. Seamlessly integrate capital management, tracking systems, well delivery workflows, and leading ERP systems on a unified platform, connecting field operations with accounting teams for real time, clear visibility into project spending.
Gain a Comprehensive Budget Overview Integrating AFE Module
Ensure adherence to capital controls by integrating capital budgeting and tracking with Execute’s AFE management module. Consolidate actual spend tracked against AFEs with remaining capital forecasts at the project level for a comprehensive budget overview.
Collaborate Effectively with Integrated Operational Scheduling Workflows
Integrate your capital timing with Execute’s Operational Scheduling module. Schedule project activities for dynamic timing updates, enhancing the connection between operations and financial teams.
Minimize Cross-Department Hand Offs with Upstream Planning Integrations
Build and maintain precise capital budgets using Quorum's connected planning tools, such as Enersight and Val Nav, as a source for operating budgets. Also, leverage Execute’s Capital Budgeting module to track and compare evergreen forecasts with budget snapshots.
Effortlessly Adopt Integrated Capital Budgeting & Forecasting Solution
Designed for innovation and intuitive use, our solution streamlines training and onboarding, boosting long-term productivity. Easy adoption leads to immediate business results.
Unmatched Customer Support with Years of Oil & Gas Expertise
Experience best-in-class customer support and trust-based relationships with proactive solutions that consistently exceed NPS and CSAT benchmarks, year over year.
Fully Integrated: Execute Capital Budgeting and Val Nav
“Using Execute and Val Nav for our capital management, we can ensure effective deployment of our capital. We have never missed a guidance target and can focus on debt repayment and return of capital.”
- Leading North American Oil Producer Company
Execute Capital Budgeting Key Features
Develop and maintain capital budgets, instantly re-forecast projects, and guide them towards budget targets. Capture the right approvals and easily perform project lookbacks on a single, connected platform. Flexible business rules eliminate time-consuming and costly manual data validation steps.
Capital Forecasts can be intelligently blended with actual spend and accruals, ensuring an up-to-date view of current project spend. Feel confident that you’ll always know the current forecast of your company’s capital projects.
Keep key stakeholders up to date on the status of projects with custom notifications. Build email notifications to keep everyone in the loop and get real-time alerts on updates on tasks, spend alerts, delays, or anything else requiring attention to ensure the business keeps moving forward without delay.
Capital Budgeting and Forecasting with Execute
“Adopting Execute over previous capital management solutions has moved our average monthly capital forecasts from within 13% of budget to within 6% of budget, an improvement of 50%. This means that more of our capital is being effectively deployed.”
- Leading North American Oil Producer Company
