Quorum and WG Consulting Launch Hosted E&P Backoffice SolutionJanuary 16, 2015
“Quick ERP” delivers outsourced Back-office Operations on an integrated Accounting, Land and GIS platform”
Houston, Texas (January 13, 2015) Quorum Business Solutions, Inc. (Quorum), the leading provider of business information technology solutions for the energy industry, and WG Consulting, a consulting firm that delivers Financial Advisory, Risk Advisory and Enterprise Solutions across the Energy industry, today announced the availability of their joint “Quick ERP” solution. This service combines the capabilities of WG Consulting’s Houston-based Backoffice Operations Center with Quorum’s market leading Upstream ERP Software Suite to deliver a cost effective and scalable alternative to traditional high cost, on-premises software deployment and back-office organization development.
“Our clients are always looking for ways to reduce cost, minimize risk, and save time on implementations and ongoing operations, which reflects the realities of a fast paced, competitive market. Together, Quorum and WG Consulting have designed an offering to meet that need,” said Perry Turbes, President and Chief Executive Officer of Quorum. “Our combined solution delivers market leading innovation at a market defining price point to E&P companies, whether it’s long term industry players stranded on brittle, legacy technology platforms, or new high-potential firms needing tier one capabilities at launch or funding. Quorum provides the industry’s only fully integrated Land Management and GIS, Cost Accounting, Revenue Accounting, Core Financials and Reporting solution, which, combined with the expertise and innovation of WG Consulting, allows us to provide our customers with world class solutions on an affordable platform as they evolve.”
Together, Quorum and WG Consulting have developed an accelerated delivery model consisting of pre-defined configurations for E&P companies on Quorum’s QCloud hosting service that can have customers operational within weeks, not months. WG Consulting will also have enhanced ongoing access to Quorum training and staff, reflecting the companies’ joint commitment to world class customer service and support.
“We are excited by the new possibilities this creates in the market for our customers,” said Wes Colwell, Managing Partner of WG Consulting. “We have been working with Quorum on a range of clients for some time, and realized together that our clients, especially those backed by Private Equity or other outside investment, need tier one business operations at launch if they are to participate in today’s fast moving market. The recent industry volatility reinforces the need for a best in class business solution that scales quickly and enables companies to operate efficiently and be ready to seize market opportunities as they occur. By combining our cost effective Backoffice Outsourcing and process innovation capabilities with the Quorum platform, we deliver the most robust solution in the market in a fraction of the time while driving savings in ongoing operations costs.”
About Quorum Business Solutions, Inc.
Quorum Business Solutions, Inc. develops, implements, and supports software for the energy industry. Quorum offers an integrated suite of business applications for companies that produce, gather, process, transport, store, distribute, and market crude oil, natural gas, NGLs, LNG, and power. The Quorum suite includes software that manages operational, administrative, financial, and transactional business processes for energy. Products within the suite offer inherent integration to support data flow across the value chain, and are also capable of operating stand-alone. Founded in 1998, Quorum employs over 500 staff operating out of Houston, Dallas, and Calgary. Quorum has ongoing relationships with over 185 clients, comprised of super-majors, independents, operators, and non-operating owners, utilities, wholesalers, retailers, end users, marketers, and financial entities, including 25 Fortune 500 Companies. Throughout its 17 year history, Quorum has successfully completed over 1,200 software solution deployments. For more information on Quorum, please visit http://www.qbsol.com/.
About WG Consulting, LLC
WG Consulting is a privately held consultancy specializing in providing energy companies and the companies that serve them with the deep business experience and knowledge needed to navigate business events that both threaten and create corporate value in a global and changing marketplace. From its corporate offices in Houston and satellite offices in London and Singapore, WG Consulting provides Business Advisory, Process and Technology Transformation and Enterprise Risk Services. WG’s consultants create solutions that decrease operational costs and risks, improve financial performance and deploy platforms and technologies needed to lead in the fast changing industry. For more information on WG Consulting, please visit http://www.wgconsulting.com.
Quorum Business Solutions, Inc.
WG Consulting, LLC