When Oil & Gas prices are down, the temperatures are high, and staff is required to do more with less (including less pay). This is the perfect time to challenge your employees discover and implement digital technologies that improve office efficiencies, reduce risks and improve the bottom line.
There are several solutions available to eliminate paper there by eliminating redundant data entry. Every person who can transition their job from data entry to business analysis saves money, reduces errors, and improves the bottom line. Every salesman who is alerted if a customer hasn’t been contacted in a specific time interval provides consistency and opportunities that improve the bottom line. Every field ticket that can be completed, signed, and digitally transmitted to the office with streamlined integration to accounting and payroll saves money, reduces errors, and improves the bottom line.
Prices will increase but not as fast as activity will accelerate. Make sure that you do not have to increase your overhead by hiring more people just to keep up with your data. Put that money in the pockets of those who stayed the downturn. Go ahead give them the challenge; use this time wisely.
Now, if we can only digitize the “stamp”!