CapexIQ
An enterprise Authorization for Expenditure platform connecting capital planning, approvals, financial governance and field workflows.
Engineering around the operating problem.
Challenge
Oil and gas capital processes required a centralized alternative to fragmented AFE creation, approvals, financial controls and operational coordination.
System
Xtreme engineered the AFE lifecycle around configurable templates, supplemental AFEs, multi-tier approvals, mobile field access, analytics, auditability and integration with operational systems including BOLO and WellEZ.
The capabilities inside the solution.
The project combined user-facing experiences with the application logic, administration, integrations and operational workflows required behind them.
AFE creation, revisions and supplemental AFEs
DOA-aligned parallel and sequential approval workflows
Android and iOS field workflows with offline access
BOLO, WellEZ and enterprise system integration
Budget, accrual, expenditure and KPI visibility
Audit trails, document versioning and secure authentication
Built with technology appropriate to the system.
The technology stack reflects the documented implementation and the major platform capabilities associated with this engagement.
What the system changed.
Digitized the AFE lifecycle and approval process
Improved structured financial governance and visibility
Connected field and corporate workflows in one enterprise environment