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.

Building Resilient Unclaimed Property Compliance Ahead of the Audit Letter

All Resources

Is Your Company Ready for the Next Audit?

State audits on unclaimed property are escalating. Unlike IRS audits, states can dig 10–20 years into your records, and missing documentation can quickly turn into seven- or eight-figure liabilities. Auditors are also getting more aggressive, often using contingency-based “bounty hunters.” Once one state finds a gap, others quickly follow, multiplying risk and complexity.

It’s no longer if you’ll be audited…it’s when. This playbook gives you a clear framework for proactive audit readiness, including:

Why unclaimed property audits are escalating in the energy sector
How estimation methods work—and how to defend against them
Documentation gaps that trigger multi-state investigations
Controls, data governance, and processes to strengthen readiness
Tips to prepare and align your teams ahead of an audit
How to mitigate risk with M&A best practices

Lack of readiness is a strategic business risk that can destabilize balance sheets, slow operations, and undermine credibility.

Don’t wait for the audit letter. Be proactive, protect your team, and turn audit readiness into a competitive advantage. Get Your Copy Now.