Frequently Asked Questions
We offer user-based pricing, so your solution price depends on the modules that you need and how many users will access the system (as you grow, you can add users and additional modules).
Contact us to discuss your PakEnergy solution and pricing.
We’ve developed our own Integrated Document Imaging Solution, which lets you add and view documents, and link them with specific transactions, vendors, employees or owners with one click. This optional module also includes electronic routing and approval of A/P invoices, allowing an invoice to be entered when received and electronically routed to the appropriate user(s) for coding and approval.
The approver has access to a copy of the scanned invoice along with the invoice coding. The system tracks the invoice all along its route and gives users visibility of the pending invoice at all times.
PakEnergy document imaging streamlines your records management, eliminating misplaced documents and the need to pull invoices from files by hand.
Yes, there are several remote solutions that will work. PakEnergy recommends using Microsoft Remote Desktop Services.
PakEnergy has Excel and CSV import/export capabilities where you need the functionality, specializing in automated solutions to your import and export needs.
We eliminate the labor-intensive manipulation of importing payroll time card systems, point of sales transactions, bank checks clearing, CDEX revenue and monthly master meter allocations. Automated export functions include over 50 bank-positive pay formats, state unclaimed property submissions, and all the government reporting you need from your accounting solution.
You can set up unlimited sets of books for companies in the software and consolidation, combining and sharing master files. PakEnergy has various multi-company options to support separate or combined reporting and/or day-to-day operations.
PakEnergy has a small footprint and runs on most networks. Contact WolfePak Sales to verify current hardware requirements.
We use standard Windows protocols — Windows XP, Windows Vista, Windows 7, Windows 8 and Windows 10. As Microsoft no longer supports Windows XP and Windows Vista, we recommend that customers use Windows 7, 8 or 10.
PakEnergy runs on every version of Microsoft Server for client/server environments. Here again, as Microsoft no longer supports its older server OS products, we recommend installing Windows Service 2012 R2.
Yes. The lets you “split invoices” and pay only the portion you choose. The unpaid portion remains as an open item.
Yes. Create positive pay files electronically, using the PakEnergy bank reconciliation module (upload files to banks for verification.)
PakEnergy logs all changes to master files automatically and silently, using an internal change log database. The system logs all physical changes to the files, key processing events and actions.
The built-in audit feature lets managers review all activity with one click.
Timing depends on various factors — your current system, the number of companies to convert, years of history, size of master files, the quality of your data and more. Your PakEnergy conversion team will develop a conversion timeline with you.
We customize each project to coordinate data conversion, training, customization and implementation to get you up and running efficiently. Typically, there is no down time as the old system is wrapped up and PakEnergy is ramped up.
We automate data conversion, which allows you to focus on your responsibilities, and scrub your data during conversion. Our process starts with the data extraction, mapping, validation and upload into PakEnergy, so you can focus on your day-to-day operations and responsibilities.
Our experience is the key. We listen, analyze and design what you need while working with all levels of user familiarity. PakEnergy has converted thousands of companies since 1986, moving data from QuickBooks, dozens of other platforms and outmoded legacy systems.
In many cases the cost to convert pays for itself in less than three months if you’re paying monthly fees to an outside service bureau.
Yes. We’ve converted over 20 different types of accounting software including QuickBooks (see a list of conversions here).
Yes. We’ve converted all of the mainstream oil & gas accounting apps, as well as customized and legacy systems (see a list here).
The system also creates cash calls.
We include a release note before or after you download, so you can see what’s changed, and also offer the option of automated downloads.