Oryx Midstream Partners with AcctTwo to Move Financials to the Cloud

Houston, TX and Midland, TX (PRWEB) March 10, 2015

AcctTwo, a prominent consulting firm and supplier of cloud-based monetary management solutions, launched the firm may help Oryx Midstream Services implement Intacct’s best-in-class financial administration system. Using the leadership team’s deep power industry knowledge and building on powerful relationships with coal and oil producers in the region, Oryx Midstream is focused on developing, acquiring, having and operating midstream possessions in Tx and brand new Mexico.

Previous Company Challenges Encountered by Oryx Midstream:

Oryx requires a system that may measure to fit the company’s rate of growth.
The organization needs both sophisticated task accounting and fixed possessions capability.
Timely and accurate reporting, therefore the power to combine organizations had been identified as key requirements.

Reasons for finding Intacct:

Intacct features advanced project accounting functionality.
Intacct gives the capability to integrate a sturdy fixed assets module.
Intacct provides Oryx Midstream using the real-time accurate reporting and mobile access they must keep administration and investors up to date.

Key explanations Oryx made a decision to relocate to Intacct over other solutions evaluated:

Oryx needed a true multi-tenant cloud-based accounting solution, an element not available with legacy on-premise solutions.
Intacct’s workflows had been discovered becoming more flexible and configurable than those available with contending products.

Highlighted Comments from Oryx Controller:

“We were doing everything by hand prior to, therefore moving to Intacct’s automation, project bookkeeping, and fixed possessions abilities has-been a big victory for us.” stated Karen Russell, Controller at Oryx Midstream. “AcctTwo supplied us because of the knowledge and solid project management that made the implementation a great success.”

Return on Investment:

Payback Period of 5 Months
Year One Net Benefit – $ 33,670
Three-year web advantage – $ 151,810

Additional sources:

Browse Oryx Midstream Services on the web
Visit accttwo.com
Proceed with the AcctTwo Blog

About AcctTwo:

AcctTwo is a respected consulting firm and reseller of cloud-based accounting and monetary management computer software. AcctTwo’s advanced systems solve the problems developing middle marketplace companies face these days. AcctTwo additionally outsources back office processes, allowing consumers to spotlight the core competencies of the company. AcctTwo gives the individuals, procedures, technology, and company facilities to execute these features, while allowing consumers to collaborate interactively through an on-line portal.

AcctTwo is based in Houston, Tx. For more information, please see http://www.accttwo.com or phone 713-744-8400.


Peter Wagner

Director of advertising

Cell: 512.415.6846

Email: pwagner(at)accttwo.com

John Silver

Vice-president of Sales

Direct: 713.744.8404

Cell: 210.336.0014

Mail: jsilver(at)accttwo.com

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