Joint Venture / Interest
Built to manage the joint venture accounting requirements of start-up to intermediate Oil and Gas companies. JVNexus specifically excels in financial management with all types of joint interest requirements.
Grows with the business. From 2 records to 2 million records, JVNexus handles the smallest or largest amount of data with relative ease. No need to worry about your accounting system failing under large strain.
Fast Data Entry
One of the fastest data entry packages in the industry. Straight-forward entry screens, real-time validation, and data import functionality, maximises AP/AR efficiency. Keyboard shortcuts speed users along.
Incorporates CGU / UOA data,
1-button IFRS capital adjustment voucher creation, and Schedule of Changes reporting.
Mistakes happen. Correcting blunders can really cost you time. JVNexus easily rolls back vouchers or cheque runs.
Multiple consolidations can be performed to summarize information from your subsidiaries.
Customisable Master Files
JVNexus accommodates alpha and/or numeric short names within your master files. Intuitive references ensure your staff spend less time searching and more time keying. It's also flexible enough to allow editing on the fly.
Secure Hosting Options
Pandell uses a secure hosted server environment which means you get the best in class server, security, and control. We handle the installation and maintenance. A simple internet connection gets you up and working. Larger companies with IT departments can opt for self hosting.
Multiple currency support for data entry and reporting. Exchange rate import from the Bank of Canada ensures accuracy and manual input of rates provides flexibility.
20+ industry standard reports with filtering capability are available. Special report creation is possible using the Financial Outlines report generator. Grid reporting allows the export of ad hoc information to Excel.
Individualized permissions can be set and managed to control program rights of users. For example, set your Engineering group with read only access to their own capital and operating reports.
Purchase Order Tracking
Manage committed costs by tracking individual POs lifecycle through to invoice processing. Threshold warnings during data entry and variance reporting ensure operating costs are kept in check.
3rd Party Product Integration
JVNexus interfaces with Pandell's own PANexus, in addition to PAS, PRISM, Cheque Writers, JIBlink, Synergy, Visage, DO2, Powervision, and bank statement uploads.