Case Study: Impact Oil & Gas streamlines multi-currency finance and reporting with Progressive TSL and SunSystems

Impact Oil & Gas streamlines monthly reporting with Progressive TSL

Impact Oil & Gas, a privately-owned oil and gas exploration company, faced significant challenges after acquiring new assets. Their basic accounting software could not handle multi-currency reporting, complex joint venture accounting, or their evolving corporate structure, leading to inefficient manual processes. They turned to vendor Progressive TSL for a solution using the SunSystems financial platform.

Progressive TSL implemented SunSystems, configuring it for multi-currency transactions and complex reporting. They provided a dedicated consultant for knowledge transfer and helped migrate historical data. The solution enabled Impact's small finance team to complete monthly reporting cycles, handle joint venture accounting, and generate customized reports with significantly less manual effort. Progressive TSL continues to provide ongoing support as the company grows.

Impact Oil & Gas