Energy Water Solutions automated their outsourced processes to ensure business agility with Sage Intacct
Energy Water Solutions (EWS) is a total water management firm providing cost-saving solutions to oil and gas producers across the entire life of lease. EWS has provided innovative produced water recycling, disposal and evaporation solutions in basins across the country, including the Eagle Ford, Delaware, Fayetteville, and Niobrara.
Reasons for Selecting Sage Intacct and AcctTwo
“From the very beginning, we wanted to conserve as much capital as possible for building our water recycling equipment, as opposed to spending it on operating expenses like establishing a data center with server infrastructure, or hiring a bunch of IT and finance staff,” said Bill Weathersby, chairman and CEO of EWS. “At the same time, we knew that we’d be raising a lot of money quickly, so we needed experienced finance resources and a scalable, turnkey ERP solution that could grow with us over the long term. The combination of our trusted finance outsourcing partner, AcctTwo, and Intacct’s flexible, cloud-based ERP software has proven to be a perfect fit for our company.”
“With Sage Intacct, we’re freed up to proactively manage our capital expenditures – something that’s especially important for our maintenance department, which relies on expensive heavy equipment,” said Weathersby. “We can see at any moment in time whether our operators are spending over their forecasted budget, and can make strategic adjustments or negotiate smarter to manage our cost of capital so there are no surprises.”