Zedi Fixed Asset Management
If you don't know where your equipment is, when it's due for maintenance and what its technical specifications are, it's difficult to manage it effectively. Mismanaged equipment can impact production, increase expenses and put you at risk of non-compliance. Ultimately, the ability to maximize revenues and earnings is at stake.
At this point you may be using a white board, a Microsoft Excel spreadsheet, a paper process, or no process at all. Let Zedi Fixed Asset Management change that. The solution is based on Roughneck, a web-based application purpose-built for the oil and gas industry.
With Zedi Fixed Asset Management you can:
- easily access your equipment and pipeline information as well as associated maintenance and compliance information over the Internet—creating visibility for all authorized employees
- view and maintain detailed asset and work order/inspection records, complete with pictures and file attachments
- locate assets and/or upcoming, active or historical maintenance/compliance activities using flexible search capabilities
- create and approve equipment transfers online, synchronizing moves in the field with both internal and external parties like your accounting department or the Alberta Boilers Safety Association (ABSA)
- ensure the integrity of your financial statements with accurate counts of your equipment inventory
- demonstrate internal controls over fixed assets for Sarbaines Oxley (SOX) financial compliance
- proactively schedule and manage preventative maintenance to decrease the risk of lost production due to unscheduled equipment downtime or pipeline failures
- manage equipment and pipeline-related compliance activities, including management of change processes, to ensure asset management regulatory compliance requirements are met
- reduce administration costs by automating processes like material transfers
- reduce property taxes by reconciling an accurate equipment and pipeline inventory database to the Municipal Tax Authority lists.
In the end, you will reduce capital and operational costs through the optimal use of equipment and human resources, as well as ensure equipment is operating in accordance with safety and regulatory compliance standards for the benefit of your employees.
Key advantages:
- Internet-based—simple to access and use
- ease of installation and maintenance
- customizable to your organizational workflow
- purpose-built for field operations within the oil and gas industry
- standardized and uniform asset management process to organizations that may have isolated manual processes allowing for visibility, consistency and accountability in operations data management
- total visibility of inventory and its upcoming, current and historical maintenance activities
- seamlessly integrates with other Zedi solutions
- supports adherence to evolving compliance requirements in addition to any audit requirements.
Fixed Asset Management Offerings
The Zedi Fixed Asset Management can include some or all of the following:
- Asset Management Module
- inventory tracking database with record attachment capabilities, including pictures
- material transfer and workflow capabilities
Learn more about this Roughneck module
- Maintenance and Compliance Management Module
- schedule activities against location and/or equipment
- scheduled and unscheduled work orders assigned to employees, contractors and/or third parties
- analytics for preventative maintenance and compliance program performance
Learn more about this Roughneck module
- Management of Change Module
- manage technical MOC requests as they relate to assets, with appropriate notification and approvals at required levels
- flexible reporting allowing audit trails and visibility for change requests
Learn more about this Roughneck module
- Pipeline Integrity Management Module
- track pipeline licenses and lines
- schedule required work activities
- historical reporting to support any audit requirements and archiving of pipeline related documentation
Learn more about this Roughneck module
- Support services
- implementation, field services, help desk, training.
Customer Impact
Accountable for Quality
When implementing Zedi solutions and products, you have quality assurance.
More about our quality policy