Since 2010, many companies have capitalized on Cloud Services, taking advantage of the large amounts of compute, memory, and storage that can be easily scaled up and down. However, there are still several industries that are reluctant to the change or remain cautious for various reasons. Terms and acronyms like, “SaaS”, “PaaS”, circulate their industry, […]
Category: Industry Knowledge
A Case for Cloud – Costs to Consider
It can be difficult to determine if a move to the Cloud makes financial sense for your company, but there are some techniques and tools that can be applied to build a business case. Jeff Hutchens is the Chief Information Officer at a leading IT Outsourcing firm EAG 1Source, and he and his team specialize […]
What You Didn’t Consider About the Oil and Gas Due Diligence Process
Combining two companies can be complex, especially in the oil and gas industry. You aren’t just buying a customer base, the products, and physical equipment sitting in a warehouse — you’re purchasing the rights and titles necessary to produce. More than other industries, you have to confirm you’re getting what you’re paying for, which is […]
Examining the Best Practices for Successful Oil and Gas Accounting
Accounting for the oil and gas industry isn’t for the faint of heart. You must possess a deep breadth of knowledge about contemporary financial techniques and how they apply to the energy industry. In this article, we’ll touch on the following: The concept of best practices The fundamentals of oil and gas accounting The key […]
Acacia Exploration Partners – Outsourcing Land Administration
A HIGH-ACHIEVING CULTURE. Founded in 2018, Acacia Exploration Partners, LLC is a private oil and gas operating company engaged in the acquisition, development and production of oil and natural gas. The company culture is based on the premise of striving for extreme efficiency, and a disciplined approach to growth with the ultimate vision of exploiting […]
7 Tips to Improve Your IT Infrastructure Management
The amount of planning and organization that goes into creating a sustainable environment for your business’s technology cannot be overstated. Creating an effective IT infrastructure environment is not only tricky work, but it also requires deep technical and administrative know-how. Moreover, sound IT infrastructure management is not a “set it and forget it” arrangement — […]
7 Reasons Back-Office Outsourcing is the Ideal Strategy
A lot of work goes into cultivating a successful business. Unfortunately, many of those processes — such as human resources and information technology — have nothing to do with the actual product or service you’re delivering. When you hire a top-tier back-office outsourcing firm, professionals handle all of those essential administrative tasks on your behalf. In […]
7 Top Tips When Shopping for Outsourced IT Services
Many small and medium-sized businesses can’t afford to hire full-time information technology staff. However, with effective IT outsourcing services, your company can benefit from a full-scale IT department while also lowering costs. But since not all IT firms are created equal, you must know how to choose a provider that’s best for your needs today […]
Employee Spotlight of the Month – Kristin Sweezy
EAG 1Source’ December Employee Spotlight of the Month….Kristin Sweezy! With over 10 years of experience in all areas of accounting, Kristin brings her expertise of Revenue Accounting, Accounts Payable, Production Allocations, Regulatory Reporting and assisting with Audits for both Onshore and Offshore properties to EAG. What are 3 words you would use to describe EAG? Teamwork Dynamic Rewarding What’s been one […]
How to Create an IT Disaster Recovery Plan
Threatening IT issues can happen when your company least expects it, and although these issues may not be statistically likely to occur, it doesn’t mean you’re protected indefinitely. In a world that’s increasingly driven by impressive technology stacks, your business must have a robust IT disaster recovery plan if it hopes to survive a physical […]
Understanding the 4 Types of Data Analytics
Companies increasingly grapple with how to handle the sheer amount of information they can collect from customers and business partners. Data analytics helps them sort, parse, and convert raw data into key performance indicators (KPIs) and actionable business intelligence. The methods by which we analyze data can be sorted into four core categories. These four […]
How Data Analytics Will Improve Your Business
Data is everywhere. It’s constantly collected, analyzed, and used by businesses of every shape, size, and description. However, not all data is created equal. As a business owner, you must determine the essential key performance indicators (KPIs) that will help you grow. That’s the end goal of data analytics: To drill down through the crust […]