This month we're featuring: Improvements we made to the user interface of the invoice window. What is it? With the most recent Aimsio release, we improved how the invoice window works and looks. There are four ways in which we improved it: 1. The addition of a filter...
This month we're featuring: The ability to set (and keep) user preferences in reports. What is it? As an Aimsio user, when you view a report, you'll now be able to customize the columns you see. Not only that, you'll be able to set this customized view as the default...
Critical Need for New Pipelines Oil production in the Permian Basin has passed 4 million barrels a day, but because of pipeline constraints, it’s selling at a discount. Transport bottlenecks are also to blame for low natural gas prices, resulting in reduced production...
The construction industry has been in need of a significant shift-change in its standard operating procedures for some time. While other industries such as mining and manufacturing have leveraged technology to increase productivity, commercial construction seems...
Trend forecasts for the construction industry have been predominantly tech-focused for several years, and 2019 is no exception. Notable innovations include a drywall-installing robot, autonomous earthmoving equipment and a strength-enhancing human exoskeleton. As...
Upstream oil and gas companies rely on data to shed light on what can’t be seen. Details about a formation, bit location, flow, composition — producers know just how valuable this information is and what it can contribute to future projects. However, without adding...
Looking back at 2018, many companies are comparing projects or jobs, trying to understand what defined the winners and the losers. Cost, profit and margins are undoubtedly pillars when it comes to KPIs, but once you have those numbers, what’s the next step? Where does...
Sunk costs. Like the Titanic, except without any loot. Costs that have either already been incurred or cannot be changed are sunk costs. Rent, fuel, gym memberships - the money spent on these expenses can’t be recouped, no matter how you proceed. If a project or...
Every organization has workflows. A workflow is basically the sequence of events that takes place before work is completed. There are a million ways in which steps in a workflow can be combined. For the purpose of this article, we will be discussing the particular...
There can be multiple hurdles between choosing a software and successfully implementing one. And the hurdles look different depending on where you’re at in the process. Between buy-in and roll-out, a lot can happen, so let’s take a look at how to address three common...
Cash. The most basic success metric for any kind of business. Stakeholders often focus on profits to measure success, but for recession-tempered oil and gas service companies, cash flow is king. In volatile commodity markets, effective survival strategies are built...
Remember CD-ROMs? How about installation procedures that should have started with, “Do you have 6 hours for this?”, and frequent new versions that produced compatibility nightmares. Thankfully, technology is always moving toward efficiencies. At the personal consumer...
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