Rosewood Resources, Inc. Goes Live with W Energy Software

W Energy Software, the emerging leader in upstream and midstream oil & gas ERP solutions, announces that it has completed the deployment of its upstream accounting suite at Rosewood Resources, Inc. Working closely with staff at Rosewood Resources, Inc., W Energy Softwareโ€™s implementation team successfully went live with its upstream ERP suite, which included migration from an existing legacy ERP solution, configuration, testing, and closing of the producerโ€™s first month of financials.

โ€œWe’re up and running, approving invoices and cutting checks to interest owners, so our first month using W Energy Software is going quite well,โ€ said Linda Tucker, Vice President of Administration at Rosewood Resources, Inc. She added, โ€œI’m excited about working with W Energy Software who has brought us new capabilities compared to our old system and it’s great to be part of something that is still growing and continuously improving.โ€

Dallas-based Rosewood Resources, Inc. selected W Energy Softwareโ€™s cloud-based ERP solution to replace its legacy software. By switching to W Energy Software, the producer is now running its core accounting functions on the industryโ€™s only unified ERP platform built on the cloud, providing superior functionality, user experience, and cost efficiency.

The go live process at Rosewood Resources, Inc. included:

  • On time and on budget delivery of all software components, configurations, and testing on W Energy Softwareโ€™s cloud-based ERP platform, which provides Rosewood Resources, Inc. with cost-effective software-as-a-service (SaaS) subscription pricing.
  • Implementation of the following W Energy Software upstream ERP modules: Revenue Accounting, Division Order, AFE, JIB, and Financial Accounting.
  • Dedicated W Energy Software implementation experts who ensured successful migration of accounting data from its legacy ERP solution and closing of the companyโ€™s first month, including revenue disbursement to interest owners.

โ€œCongratulations to Rosewood Resources, Inc. for their successful deployment of W Energy Softwareโ€™s upstream ERP solution and a big thank you for putting such tremendous trust in us,โ€ said Pete Waldroop, CEO of W Energy Software. โ€œRest assured that the entire W Energy Software team stands ready to support you with our best-in-class software products and customer service, now and into the future,โ€ he stated.