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What is P2 BOLO?

P2 BOLO is recognized as a leading accounting solution designed specifically for the upstream oil and gas sector, empowering U.S. exploration and production firms to improve their operational efficiencies and extract more value from complex accounting functions. Each day, P2 BOLO processes transaction volumes that exceed the entire annual totals handled by numerous other upstream software alternatives. The intricate nature of shared ownership and joint ventures presents distinctive challenges in oil and gas accounting, which P2 BOLO adeptly navigates with its all-encompassing Accounting Module, providing valuable insights into revenue accounting, allocation and valuation, accounts payable and receivable, joint interest billing, among other functions. Efficient asset management is vital to maximizing project profitability, and P2 BOLO’s Asset and Tax Management capabilities significantly reduce the risks linked with overseeing assets across both producing and non-producing properties, while also streamlining the computation of Depletion, Depreciation, and Amortization (DD&A). This solution is built to handle anywhere from hundreds to tens of thousands of properties, easily scaling as your organization grows and adapts within the ever-changing energy industry. By utilizing P2 BOLO, companies can optimize their accounting operations and strategically position themselves for enduring success, ensuring they remain competitive in a rapidly evolving market. With its robust features and user-friendly interface, P2 BOLO not only meets the current needs of businesses but also prepares them for future challenges in the industry.

What is Alden One?

Alden One® acts as a unified platform for joint use across the country. A significant challenge that joint use professionals encounter is the need for effective communication. The goal is to quicken, enhance reliability, and simplify the processes related to joint use. By doing so, this platform supports dependable coordination with contractors and outside organizations, boosting overall workflow efficiency. It includes a variety of functionalities such as attachment permitting, One Touch Make Ready, inspections, contract management, and billing. Its coverage extends to utility poles, conduit vaults, fiber optics, small cell and DAS installations, rights of way, cell towers, and other assets. Collaborative efforts are crucial for the swift implementation of services and for effectively addressing the digital divide. Users can harness insights from data warehouses and analytical tools, along with industry benchmarks and advanced decision-making analytics driven by AI and machine learning techniques. Moreover, the platform automates the generation of receivables, confirms payables, processes payments, and ensures adherence to contractual commitments. It also optimizes contract management through negotiation and renewal workflows, reduces time with e-signatures, and permits quick assessment of vital documents related to terms, conditions, and rates. Ultimately, this thorough approach not only boosts operational effectiveness but also cultivates stronger collaborations within the joint use community, leading to a more interconnected and efficient infrastructure landscape.

Media

Media

Integrations Supported

Enerpact
Pandell Jobutrax
eLynx Technologies

Integrations Supported

Enerpact
Pandell Jobutrax
eLynx Technologies

API Availability

Has API

API Availability

Has API

Pricing Information

$35000 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

P2 Energy Solutions

Date Founded

1999

Company Location

United States

Company Website

www.p2energysolutions.com/p2-bolo

Company Facts

Organization Name

Alden Systems

Date Founded

1995

Company Location

United States

Company Website

www.aldensys.com/aldenone

Categories and Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

Categories and Features

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Workflow Management

Access Controls/Permissions
Approval Process Control
Business Process Automation
Calendar Management
Compliance Tracking
Configurable Workflow
Customizable Dashboard
Document Management
Forms Management
Graphical Workflow Editor
Mobile Access
No-Code
Task Management
Third Party Integrations
Workflow Configuration

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