JVB Norwegian Solution

Fully hosted SAP® Joint Venture Billing Solution available at fixed price

Are you looking for a state of the art ERP system that can not only support your business today but also for years to come? Absoft Norge AS has teamed up with TMF Group to build a finance and joint venture billing template solution for small to mid-sized enterprises in the Norwegian Continental Shelf (NCS).

Working with small-to-medium sized companies in upstream, Absoft and TMF Group developed a finance and joint venture billing template which is fully hosted in SAP and available at an affordable fixed price*.

Leveraging the Power of SAP S/4 HANA, edition SAP Business All-in-One

Implementing SAP as a template solution offers several advantages for exploration and production companies in upstream oil and gas. Our JVB Solution for Norway now harnesses the power of SAP S/4 HANA, edition for SAP Business All-in-One, to run end-to-end processes at an unprecedented speed and provide powerful reporting and analytics for real-time insight.

Joint Venture Billing Solution Offers:

    • Accelerate period-end closings
    • Flexibly perform reporting tasks based on data reconciled in real time
    • Financial reporting, to Norwegian GAAP/IFRS accounting principles
    • Enable financial statements at a joint venture level
    • Run parallel currencies in accounting
    • OCR scanning with workflow for vendor invoices 

Want to know more? For more information about our joint venture billing template, make an enquiry below;

*Based on standard solution. Scope available on request and additional requirements can be delivered.

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