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Reducing Errors, Workload and Approval Times with Automated AFE Software

Hear how Novus Energy went from a manual AFE tracking sheets and spreadsheets to a centralized AFE software reducing errors and approval times, often by a matter of weeks.

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Novus Energy was managing over 400 Approvals for Expenditures (AFEs) per year using a combination of spreadsheets, manual tracking sheets, and old fashioned legwork. As a result of this manual process, AFEs took a long time to process and were frequently misplaced or lost outright and increased risk to the process from a control and timeliness standpoint. 

Learn how Novus Energy used Aucerna Execute to bring all AFE information into one centralized software making it easier to plan spending, generate AFEs, and reduce approval times, often by a matter of weeks.