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Monthly Oil Settlement can be Effortful, Tedius, and Inefficient...

Oil Settlement is critical but often manual, fragmented, and costly. Nexus Settle is purpose-built to change that.

Replace manual, error-prone processes with intelligent automation, using AI, that handles volumes, pricing, and payment reconciliation seamlessly.

Bring together fragmented data sources and systems into one cohesive platform, eliminating silos and reducing complexity.

Significantly reduce operational costs through efficiency gains, fewer errors, and faster settlement cycles.

Designed specifically for the oil settlement process with deep industry expertise leveraging AI.

Enterprise-grade security and reliability you can count on for your most critical financial workflows.

Gain real-time insights and full audit trails across your entire settlement process.

Automates settlement into a shared service to allow corporate focus on core competencies
Visibility to current and forward cash flow forecasting
Potential to deliver real time netbacks by well
Offers benchmarking of netbacks
Centralized transactional data (supports optimization, audit and M&A activities)
Month-to-date visibility of production variances and financial implications
Efficiency gains
- 25% FTE reduction on Marketing Accounting team
- 80% reduction in manual data entry
- 25% time savings in email validation for redundant calculations
Incorporated risk controls including credit exposure, segregation of duty, auto validation for completeness