Small “mom and pop” oil and gas operators are the lifeblood of our industry and account for the majority of energy businesses in the United States. Chances are you fall into the more than 800,000 small oil and gas workers across the country, whether you are part of extraction, drilling, or operations.
As an owner and/or operator, we know how hard you work day in and day out, so why add more work to your plate by managing your own accounting? You risk losing your precious time and even money if there are errors.
For almost 30 years, PetroLedger has helped small and midsize operators step away from their desks and get back to production. Keep reading to discover how you can get back to the work that matters most to you while having the confidence that your back-office operations are in the right hands.
Saves You Money:
Often, smaller operations don’t have enough of a workload to require a full-time employee on staff to manage the books. Outsourcing takes away the need to hire a dedicated accountant, saving you on payroll, benefits and possibly even office space. With our competitive flat fee and hourly pricing models, you only pay for what you need — this can save you thousands in the long run!
Saves You Time:
You don’t have to worry about toiling away all day in the field and then returning to a mountain of papers and numbers at the office each day. We take care of all the calculations for your AP, JIB, gas plant accounts, and even your division orders and 1099s! This lets you focus on the work that you enjoy and reduces the stress of all that paperwork.
With the right software (which we’ll help you choose, if need be) all of your accounting will be streamlined and easy to see and manage in one convenient spot. No more digging around in spreadsheets to see your monthly allocations and expenses!
Plus, when it comes to end of year auditing, outsourcing ensures your books will always be audit ready and free from errors (if you do find one, we work quickly to make it right).
Accuracy Guaranteed:
When you choose to outsource with PetroLedger, you are choosing a company that cares about you and your business. You will have a dedicated person and/or team, depending on your needs, that will always be there to handle your work and answer any questions. They get to know you and your business on a personal level to always provide you with the best-in-class work.
Speaking of best-in-class, our team is full of only the best! You can rest easy knowing that our professionals are handling your books with the latest knowledge and utmost care. We guarantee accuracy when you pick us, and in the unlikely event there is an error (we’re all human) we step up to make it right.
What and how much can you outsource?
One of the best parts of how we run our business is that all of our services are completely scalable to meet your needs! That means no matter how many wells you have, be it 50 or 500, we are here to help and you’ll only pay for the work you need. Because of that, our team will grow with you as you build your company or shrink to meet your needs if you decide to bring services back in-house or you sell off some assets.
Simply put, you can outsource as much or as little as you want with us and change it at any time.
When can you start the outsourcing process?
Anytime: there is no wrong time to start the outsourcing process!
But if you are looking for a sign on when it’s best to start, here are some great times to get on board:
- At the beginning or end of the fiscal year
- When your company has had a change in leadership
- You’ve experienced an acquisition or divestiture
- Your company is going through a period of rapid growth
Are you ready to take the next step towards outsourcing your accounting or do you have more questions? Contact our amazing team today and we can help you determine the best route of action for your business.
Angella is the newest addition to the PetroLedger Marketing team. She comes to us with many years of experience in various marketing settings creating graphics and running ad campaigns. She has a Bachelors in Graphic Design and Media Arts.
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