List of IFS Qbyte (formerly P2 Qbyte) Customers
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Since 2010, our global team of researchers has been studying IFS Qbyte (formerly P2 Qbyte) customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased IFS Qbyte (formerly P2 Qbyte) for Oil Gas and Chemicals ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using IFS Qbyte (formerly P2 Qbyte) for Oil Gas and Chemicals ERP include: MEG Energy, a Canada based Oil, Gas and Chemicals organisation with 429 employees and revenues of $6.34 billion, Enerplus Corporation, a Canada based Oil, Gas and Chemicals organisation with 435 employees and revenues of $1.64 billion, Paramount Resources Ltd, a Canada based Oil, Gas and Chemicals organisation with 475 employees and revenues of $1.00 billion, Siemens Mobility, a United Kingdom based Professional Services organisation with 5500 employees and revenues of $850.0 million and many others.
Contact us if you need a completed and verified list of companies using IFS Qbyte (formerly P2 Qbyte), including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The IFS Qbyte (formerly P2 Qbyte) customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Enerplus Corporation | Oil, Gas and Chemicals | 435 | $1.6B | Canada | IFS | IFS Qbyte (formerly P2 Qbyte) | Oil Gas and Chemicals ERP | 2014 | n/a |
In 2014, Enerplus Corporation implemented IFS Qbyte formerly P2 Qbyte as its Oil Gas and Chemicals ERP to centralize joint interest billing and revenue accounting workflows. The implementation was focused on managing operated joint interest billings for 25 joint interest partners and on delivering periodic revenue and deposit reporting to finance stakeholders.
The IFS Qbyte deployment was configured to support joint interest billing analysis, monthly journal preparation, cash receipt processing, and cheque and EFT payment handling. Functional capabilities documented in the implementation include JIB reporting and dispute resolution workflows, structured monthly journals and supporting documentation prepared for direct manager approval, and routine cash management and deposit reconciliation processes.
Operational interfaces and adjacent systems noted during the implementation include Petrinex, JIBLink, GeoScout, MyWells, AFE Navigators, Landman, and Documentum, indicating integrated workflows across regulatory reporting, well and land data, authorization for expenditure tracking, and document management. The operational scope encompassed revenue accounting, joint interest accounting, land operations touch points, and document control, aligning the Oil Gas and Chemicals ERP with cross functional teams handling partner billing and receivables.
Governance controls emphasized manager review and approval of monthly journals, and a dispute resolution process that provided detailed explanations to partners to close billing queries. Additional operational activities included training and mentoring of a junior co op student, and an end of term performance rating recorded as Excellent, reflecting competency in the implemented IFS Qbyte environment.
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MEG Energy | Oil, Gas and Chemicals | 429 | $6.3B | Canada | IFS | IFS Qbyte (formerly P2 Qbyte) | Oil Gas and Chemicals ERP | 2015 | n/a |
In 2015, MEG Energy implemented IFS Qbyte (formerly P2 Qbyte) as its Oil Gas and Chemicals ERP to centralize corporate finance and accounting workflows. IFS Qbyte was positioned as the finance ERP component in MEG Energy’s application portfolio, supporting transactional financial management and serving as the canonical source for finance-side accounting records and invoice handling.
The implementation focused on core financial management capabilities consistent with the Oil Gas and Chemicals ERP category, including accounts payable, accounts receivable, invoice processing, and financial reporting. IFS Qbyte was deployed alongside other finance applications listed in the corporate stack such as Open Invoice, Ultimus, Kofax, and Prophix, and its transactional data was coordinated with the company’s Business Intelligence and Data Warehouse technologies. The BI stack referenced by the IT organization included SSIS, SSAS, SSRS, MDS for data warehousing and Tableau Desktop, Tableau Server, and Alteryx for visualization and analytics, indicating orchestration of finance data into enterprise reporting.
Operational governance was managed through MEG Energy’s IT application portfolio team, led by an IT lead and a team of senior application specialists, who administered configuration, release control, and cross-application data workflows. IFS Qbyte coexisted with operational and asset systems such as Maximo and Meridium, with the implementation scoped to finance and corporate accounting functions rather than operational asset integrity or site-level control systems.
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Paramount Resources Ltd | Oil, Gas and Chemicals | 475 | $1.0B | Canada | IFS | IFS Qbyte (formerly P2 Qbyte) | Oil Gas and Chemicals ERP | 2008 | n/a |
In 2008, Paramount Resources Ltd implemented IFS Qbyte (formerly P2 Qbyte) as its Oil Gas and Chemicals ERP. The deployment established a central application platform to support finance, production accounting, land management and operations workflows for the Calgary based upstream oil and gas organization.
The implementation centered on Qbyte Financial Management, P2 Qbyte Optix and Qbyte CS Land modules to address ledger and cost accounting, joint interest billing, production allocation and land record management. Configuration work included chart of accounts alignment, revenue distribution rules, production allocation logic and reporting schemas consistent with oil and gas accounting and regulatory workflows.
Data integration and operational interfacing were part of the program, with the application operating within a heterogeneous application landscape that included PAS Production Accounting Solution, WellView, Hyperion, Avocet Capture, esi.Execute, SiteView, Trango Seismic Manager, Roughneck, Value Navigator and WorkMate. Interfaces and data exchange routines were developed to synchronize production, land, financial and reporting data across these specialist systems and the IFS Qbyte environment.
Governance for the rollout and ongoing support was led through structured requirements gathering, vendor coordination, change control and release management. Ongoing responsibilities included business application support and maintenance, reporting and ad hoc analysis, data integration and periodic upgrades, with process documentation and cross functional coordination to align business procedures to the IFS Qbyte implementation.
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Professional Services | 5500 | $850M | United Kingdom | IFS | IFS Qbyte (formerly P2 Qbyte) | Oil Gas and Chemicals ERP | 2019 | n/a |
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Buyer Intent: Companies Evaluating IFS Qbyte (formerly P2 Qbyte)
- Sqs Consulting & Training, a Mexico based Professional Services organization with 10 Employees
- MIRARCO Mining Innovation, a Canada based Professional Services company with 50 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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