What is PakEnergy's Accounting ERP, and what industries does it serve?

PakEnergy Accounting is an industry-tailored Energy ERP (Enterprise Resource Planning) system designed to manage complex financial and operational workflows. It is built with over 35+ years of expertise specifically for the needs of upstream E&P operators, midstream first purchasers, investors, and renewables developers. We provide a scalable SaaS solution to unify your back office and field operations.

How does PakEnergy ensure compliance and accuracy in financial reporting?

PakEnergy Accounting ensures accuracy and minimizes compliance risk by providing audit-ready workflows and embedded regulatory knowledge. Our features support SOX-ready standards, offer precise royalty and tax reporting, and handle necessary filings such as 1099s and state-level escheat compliance. The system uses real-time data and comprehensive audit trails, allowing your back office to operate with complete transparency.

Does the PakEnergy system handle specialized oil & gas billing processes like JIB and Revenue Distribution?

Yes. Our system is built around the core financial needs of the energy sector. The integrated Joint Interest Billing (JIB) module automatically allocates costs to investors and partners, supporting multiple AFE (Authorization for Expenditure) netting options and different overhead rates. Additionally, the Revenue Distribution module simplifies the complex process of correctly calculating and distributing revenue to owners, ensuring timely and accurate payments.

Is the PakEnergy platform scalable for growing companies?

Absolutely. One of our core strengths is that PakEnergy is a scalable cloud-based SaaS platform. This means your accounting operations can grow without adding headcount. The unified, end-to-end structure is designed to handle expansions, acquisitions, and increasing transaction volumes efficiently, allowing you to modernize legacy systems and focus on growth.

Can I integrate accounting data with my field operations and production software?

Yes, that is the core advantage of the PakEnergy platform. Our accounting solution provides end-to-end automation that links seamlessly with modules like Pak Land, Pak Production and OnPing. This integration gives you real-time visibility into operational costs, production volumes, and financial performance, effectively automating workflows from field to finance.

Midstream Oil & Gas Software

Pak Solutions Cover All Your Bases

More than accounting software, PakEnergy gives midstream companies, crude oil and gas first purchasers, bulk commodity haulers, and energy traders a modern, end to end, and truly integrated platform to efficiently manage operations, minimize costs, and uplift margins. A complete software suite for managing your business all the way from the Wellhead to run ticket to the 1099.

Financial Accounting / General Ledger
First Purchaser
Revenue Billing & Distribution
Transportation Management System
Automated Monitoring, Alarms & Data Collection

Land

Transportation

Accounting

OnPing SCADA

Land

Innovate. Collaborate. Elevate.

Pak Land facilitates information sharing and collaboration like no other Land system, through intuitive navigation and workflows circulating and approving any kind of document, signing off on important decisions, and delegating tasks between team members. No more missed emails or unclear messaging.

We have enhanced our workflow structure to allow for more workflows and customization to fit any organization.

Transportation

Load Management is now a breeze

Create single or multiple loads, split up drop-off locations and track open loads. Track any bulk commodity (oil, water, sand, etc.) and plan loads to maximize productivity. Get complete un-paralleled visibility with real-time location updates. Manage the entire lifecyle of the load in one centralized system.

Flexibility and control

Netting of tickets, taking gravity, temperature and BS&W into consideration
Electronic ticket interface options
Ticket and multi-level allocations
Mass ticket correction utility (automatic creation of reversed tickets for correction plus audit trail

Accounting

For deeper understanding and a tight grip on your financial performance

The General Ledger is the heart of the PakEnergy accounting system. Task-specific input screens permit natural data entry for functions such as A/P and Deposit Entry, without having to think about debits and credits. The PakEnergy system provides easy access to summarized and detailed data, using view screens and flexible reporting options:

Real-time view of account balance trends grouped by account and/or cost center, with drill down features for more detail
Print groups in multiple levels of summary and/or detail
Unlimited number of user-defined reporting groups of cost centers
User can design custom financial statements or use pre-defined standard reports

OnPing SCADA

Wells, Pipes and Plants  

Pak's full-capability SCADA platform OnPing, stands ready to assist you in monitoring production and equipment from your initial sales point onward. By unifying pipeline, and plant data with your sales meter readings, OnPing provides a comprehensive, end-to-end perspective of your operations. Rely on OnPing to bring efficiency and clarity to your midstream processes, covering wells, pipes, and plants alike

Top Benefits for Midstream Companies, First Purchasers, Transporters & Energy Traders

The best accounting, transportation, and transaction management software in the business

Simplify operations, shrink costs, and sharpen your competitive edge

Get a tight grip on financial performance, process AR/AP with a lean team

Keep producers and owners happy with robust revenue billing and distribution

Single solution handles everything from run tickets to 1099s

Complete solution for buying, selling, and moving any bulk commodity + reduce deadhead miles

Run your business securely on the cloud with continuous upgrades

Hands down the best support and friendliest team in oil & gas