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Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

Cantor Fitzgerald, a Kyriba Treasury customer evaluated GTreasury

Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

Michelin, an e2open customer evaluated Oracle Transportation Management

Moog, an UKG AutoTime customer evaluated Workday Time and Attendance

Wayfair, a Korber HighJump WMS customer just evaluated Manhattan WMS

Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

List of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
AERA Energy Utilities 1100 $350M United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2014 n/a
In 2014, AERA Energy deployed IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as its Oil Gas and Chemicals ERP. The implementation centralized upstream accounting, revenue and land workflows for AERA Energy, establishing the Bakersfield, CA headquarters as the primary processing node for monthly revenue and royalty payments reported to VPs and the CFO. The IFS Enterprise Upstream deployment focused on upstream accounting and revenue accounting capabilities, land management and volumes processing, and enhanced reserves reporting functionality. AERA Energy configured reporting and batch processes within IFS Enterprise Upstream to produce the monthly revenue and royalty cycles and quarterly executive reporting, and engaged P2 Energy Solutions to extend reserves reporting capabilities during the project. Operational workstreams included centralizing volumes, revenue and land systems previously distributed across Shell Houston and Malaysia into AERA headquarters, and mentoring a cross functional local team to enable faster maintenance and upgrades. Project governance directly and indirectly managed 15 employees and 20 contractors, with a $1,200,000 budget to deliver the critical revenue and royalty processing system on schedule despite language and time zone barriers. Governance and process changes emphasized centralized ownership of revenue and royalty workflows and local skill transfer to reduce external dependencies. The reserves reporting implementation reduced weekly system maintenance and report creation from 40 hours to 8 hours as a direct outcome of the new reporting configuration and vendor engagement. IFS Enterprise Upstream is positioned to support upstream business functions including revenue distribution, land administration and reserves reporting across AERA Energy operations.
Australis Oil & Gas Oil, Gas and Chemicals 100 $34M Australia IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2019 n/a
In 2019 Australis Oil & Gas implemented IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as its Oil Gas and Chemicals ERP to support upstream operations and core financial processes. The program was executed alongside a targeted Oracle Financials R12 implementation focused on financial modules, creating a dual application footprint for operational and financial recordkeeping. The financial implementation covered General Ledger, Accounts Payable, and Accounts Receivable, with R12 Sub Ledger Accounting configured, chart of account design completed, and localizations applied. R12 functionality was used to define and design the organizational structure that supported operations in Australia, Portugal and the United Kingdom, aligning accounting ledgers and subledger flows to the upstream chart of accounts. Integration work connected Oracle EBS financials to IFS Enterprise Upstream, P2 Land, and P2 Reporting, enabling transactional handoffs between upstream production and land management systems and centralized financial posting. The integration scope included invoice and payment flows into Accounts Payable, revenue and receivable handoffs into Accounts Receivable, and ledger posting orchestration into the General Ledger, supporting finance, land, and upstream business functions. Project governance included business requirement and application design workshops, Conference Room Pilot and user acceptance testing cycles, and end user training and documentation. The delivery team managed conversions, customizations, testing, training, and post go live support activities, and addressed operational questions from users during rollout.
Berry Petroleum Company Oil, Gas and Chemicals 1372 $1.1B United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2017 n/a
In 2017, Berry Petroleum Company implemented IFS Enterprise Upstream (formerly P2 Enterprise Upstream) as an Oil Gas and Chemicals ERP deployment to support finance and upstream operations during the company separation and emergence from bankruptcy. The program was led from the finance organization while the acting VP Finance and Administration served as interim CFO, aligning system workstreams with corporate separation priorities. The implementation encompassed core upstream financial workflows and accounting integration, with the project team configuring IFS Enterprise Upstream alongside Oracle E Business Suite for general ledger and accounts reconciliation. Oracle Hyperion ESSbase was implemented to provide drillable financial reporting for operations, and a cloud based accounts payable invoice processing system was deployed to streamline invoice coding and approval workflows. Integrations explicitly included Oracle E Business Suite accounting, Oracle Hyperion ESSbase reporting, and the cloud based A P invoice processing platform, establishing a connected data flow between upstream production accounting, reserves linked financial entries, and corporate accounting. Operational scope covered finance, accounting and administrative functions, and the rollout supported treasury activities including daily cash management and preparation for a $550 million reserve based loan that was arranged during the separation process. Governance and process work included hiring and training a new accounting team, managing external consultants and auditors to complete fresh start accounting, and transferring responsibilities from the interim CFO to the incoming CFO. The implementation delivered drillable financial reporting to operations via Oracle Hyperion ESSbase and streamlined A P workflows through the cloud invoice system, while concurrent corporate actions included arranging insurance programs and completing a 1031 exchange to defer reported taxable gains.
Oil, Gas and Chemicals 2000 $1.0B United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2014 n/a
Oil, Gas and Chemicals 100500 $189.2B United Kingdom IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2006 n/a
Oil, Gas and Chemicals 547 $2.1B United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2017 n/a
Oil, Gas and Chemicals 354 $3.2B United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2011 n/a
Oil, Gas and Chemicals 981 $9.1B United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2017 n/a
Oil, Gas and Chemicals 1200 $500M United States IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2016 n/a
Oil, Gas and Chemicals 11713 $16.6B Kuwait IFS IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Oil Gas and Chemicals ERP 2005 n/a
Showing 1 to 10 of 12 entries

Buyer Intent: Companies Evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream)

ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream). Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively Evaluating IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP include:

  1. Lease Analytics, a United States based Professional Services organization with 10 Employees

Discover Software Buyers actively Evaluating Enterprise Applications

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FAQ - APPS RUN THE WORLD IFS Enterprise Upstream (formerly P2 Enterprise Upstream) Coverage

IFS Enterprise Upstream (formerly P2 Enterprise Upstream) is a Oil Gas and Chemicals ERP solution from IFS.

Companies worldwide use IFS Enterprise Upstream (formerly P2 Enterprise Upstream), from small firms to large enterprises across 21+ industries.

Organizations such as BP, Kuwait Oil Company, Primark, Coterra Energy and Callon Petroleum are recorded users of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) for Oil Gas and Chemicals ERP.

Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) are most concentrated in Oil, Gas and Chemicals and Retail, with adoption spanning over 21 industries.

Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) are most concentrated in United Kingdom, Kuwait and Ireland, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) across Americas, EMEA, and APAC.

Companies using IFS Enterprise Upstream (formerly P2 Enterprise Upstream) range from small businesses with 0-100 employees - 8.33%, to mid-sized firms with 101-1,000 employees - 25%, large organizations with 1,001-10,000 employees - 33.33%, and global enterprises with 10,000+ employees - 33.33%.

Customers of IFS Enterprise Upstream (formerly P2 Enterprise Upstream) include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.

Contact APPS RUN THE WORLD to access the full verified IFS Enterprise Upstream (formerly P2 Enterprise Upstream) customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Oil Gas and Chemicals ERP.