Simplify eProcurement, Spare Parts Management and Compliance
Energy enterprises are under attack as a result of Cap & Trade taxes, deferments rules, and compliance regulations. Everyday, these rules and regulations increase in complexity. Large fines and penalties are imposed on enterprises for the smallest compliance violations. The best protection against large margin killing penalties is accurate and complete compliance data that is easily accessible. A strategic Master Data Plan can ensure an organization can meet its goal of timely, accurate data. The Riversand Solution provides purchasing and material management groups with the ability to manage the aggregation, cleansing and use of product data from multiple suppliers or internal divisions.
As a technology visionary in the oil & gas industry, Riversand has created and deployed numerous comprehensive compliance solutions for energy enterprises. Riversand provides a single web-based platform to aggregate, manage and synchronize all RIG/Platform related master data such as Equipment, BOM’s, Maintenance Strategies, Digital Assets, Bulk Materials, Spare Parts & Materials Related Data etc.