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Institute For Oil & Gas Training
OGI-1089 New

ERP Systems for Oil & Gas: Core Modules Training Course

Duration
5 days
CPD hours
15
Language
English
Next date
18 Jan 2027
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Overview

ERP Systems for Oil & Gas is a specialist corporate training course from Institute For Oil & Gas Training designed for professionals responsible for financial control, operational integration, procurement, projects, joint venture accounting and digital automation across oil and gas organisations. The course develops practical capability across leading enterprise resource planning environments including SAP S/4HANA, Oracle Fusion and Microsoft Dynamics 365, with particular emphasis on how core ERP modules connect financial, commercial and operational processes.

Oil and gas organisations operate through complex structures involving exploration and production activities, drilling programmes, procurement networks, inventory-intensive operations, capital projects, contractors, joint ventures and multiple legal entities. These environments require accurate financial data, disciplined master data, controlled transactions and effective integration between operational systems and the general ledger. ERP Systems for Oil & Gas addresses the skills gap created when finance and operational professionals understand individual processes but lack a complete view of how ERP architecture connects those processes across the organisation.

The course provides an integrated understanding of the core ERP functions that underpin digital finance and automation in the petroleum sector. Participants examine general ledger configuration, chart of accounts design, cost centre and profit centre structure, sub-ledger integration, materials management, project systems and joint venture accounting. The content is designed around the practical requirements of organisations using enterprise platforms to manage financial transactions alongside procurement, materials, projects and operational cost information.

Institute For Oil & Gas Training places particular emphasis on the relationship between ERP configuration and business processes. Participants explore how master data, organisational structures, transaction flows, approval controls and accounting rules affect the quality of management information. The course also considers how ERP platforms support standardisation, automation, reporting and stronger financial governance across geographically dispersed petroleum operations.

A central feature of the programme is its cross-functional perspective. General ledger configuration is examined alongside sub-ledger integration so that participants understand how procurement, inventory, accounts payable, accounts receivable, assets and project transactions ultimately influence financial reporting. Chart of accounts design is connected to management reporting requirements, while cost centre and profit centre structure is considered in relation to operational accountability and performance analysis.

The course also addresses the distinctive requirements of oil and gas accounting environments. Joint venture accounting module functionality is explored in relation to partner transactions, cost allocation and financial information exchange. Materials management module processes are linked to procurement, inventory control and financial postings. The project systems module is examined through the lifecycle of capital and operational projects, including budgeting, commitments, costs and project reporting.

Participants gain an understanding of ERP implementation and optimisation from both business and technology perspectives. The course does not focus solely on software navigation. Instead, the Institute For Oil & Gas Training develops the professional judgement required to understand why ERP structures are configured in particular ways, how configuration decisions influence downstream reporting and how integrated systems support controlled business processes.

The course is relevant to organisations progressing towards greater digital finance automation, ERP consolidation, process standardisation and improved management information. It is equally relevant to established ERP environments where organisations need stronger integration between finance and operational functions. Participants leave with a structured framework for analysing ERP processes and identifying opportunities to improve data quality, transaction controls, process efficiency and cross-functional visibility.

Objectives

  • Explain the role of ERP Systems for Oil & Gas across integrated petroleum business processes

  • Distinguish the core functions of SAP S/4HANA, Oracle Fusion and Microsoft Dynamics 365 within an ERP operating environment

  • Analyse the relationship between ERP architecture, finance processes and operational transactions

  • Understand the principles of general ledger configuration within an integrated ERP environment

  • Apply sound principles to chart of accounts design for petroleum organisations

  • Evaluate cost centre and profit centre structure requirements for operational accountability

  • Explain the relationship between sub-ledger integration and general ledger reporting

  • Trace procurement and inventory transactions through the materials management module

  • Understand how project expenditure is controlled through the project systems module

  • Explain the purpose and business processes associated with a joint venture accounting module

  • Identify key ERP master data requirements affecting transaction accuracy and reporting

  • Assess how ERP workflows support financial controls and approval processes

  • Understand how digital automation reduces manual intervention in repetitive finance and operational processes

  • Connect operational transactions with financial reporting and management information

  • Recognise common integration issues affecting ERP data quality and process performance

  • Develop a structured approach to reviewing ERP-enabled business processes

  • Improve communication between finance, operations, procurement, projects and information technology teams

  • Apply ERP concepts to realistic oil and gas business scenarios

  • Identify opportunities for improved standardisation, data governance and process efficiency

  • Strengthen professional capability in digital finance and ERP-enabled petroleum business management

Training methodology

Institute For Oil & Gas Training delivers this course through an applied corporate training methodology focused on realistic oil and gas business processes. The learning approach combines instructor-led technical explanation with case studies, process simulations, group exercises, structured discussions and real-world scenarios drawn from the operating characteristics of petroleum organisations.

Case studies demonstrate how ERP configuration decisions affect financial and operational outcomes. Participants examine scenarios involving multiple business units, procurement transactions, inventory movements, project expenditure, joint venture costs and financial reporting. These exercises establish a direct connection between ERP functionality and the business requirements that drive configuration.

Process simulations are used to trace transactions through the ERP environment. Participants follow examples from operational activity through purchasing, materials management, project accounting and sub-ledger processing into the general ledger. This approach reinforces understanding of transaction dependencies and demonstrates why accurate master data and organisational structures are fundamental to reliable reporting.

Group exercises focus on practical ERP design decisions. Participants analyse sample requirements for chart of accounts design, cost centre structures, profit centre structures and reporting hierarchies. They consider how different design choices influence management reporting, accountability and financial control.

Real-world scenarios address the complexities associated with petroleum operations. These include joint venture accounting requirements, project expenditure, procurement controls, inventory management and the integration of operational transactions with finance. Participants assess process weaknesses and develop structured approaches for improving ERP-enabled workflows.

The methodology also encourages cross-functional discussion between finance, procurement, projects, operations and technology professionals. This is important because ERP effectiveness depends on the interaction between departments rather than the performance of an isolated module.

Throughout the programme, Institute For Oil & Gas Training uses practical questioning and scenario-based problem solving to develop participants' ability to interpret ERP processes. The result is a learning environment focused on application, process understanding and professional decision-making rather than theoretical software instruction alone.

Organisational impact

Institute For Oil & Gas Training equips sponsoring organisations with personnel who understand the complete relationship between operational activity and ERP-enabled financial management. This supports stronger process consistency across departments and improves the organisation's ability to use ERP information for operational and financial decision-making.

A stronger understanding of chart of accounts design supports more structured financial classification and reporting. When accounting structures are aligned with organisational and management reporting requirements, finance teams gain a clearer framework for analysing expenditure, revenue, assets and business performance.

Effective cost centre and profit centre structure supports clearer accountability. Operational expenditure can be associated with appropriate organisational units, activities or performance areas, giving management a more structured basis for monitoring costs and analysing results.

Improved understanding of sub-ledger integration strengthens transaction visibility. Finance professionals can better understand how purchasing, inventory, receivables, payables, assets and project transactions flow into the general ledger. This reduces the risk of treating financial reporting as a disconnected end-stage process.

The materials management module provides an important link between procurement, inventory and finance. Stronger knowledge of these relationships supports better coordination between procurement teams, warehouse functions, operations and finance. It also helps organisations identify process points where inaccurate master data or incomplete transaction processing can affect financial information.

The project systems module is particularly relevant to capital-intensive petroleum organisations. A structured understanding of project cost collection, commitments, budgets and financial integration supports stronger project visibility and more disciplined expenditure management.

Joint venture accounting capability is another important organisational benefit. Participants understand the ERP processes used to manage financial information associated with joint operations and partner relationships. This supports more consistent processing and clearer communication between joint venture accounting, finance and operational teams.

ERP capability also contributes to digital finance automation. Organisations can reduce unnecessary manual intervention by improving workflow design, data integration and understanding of automated transaction processes. This creates opportunities for finance professionals to focus more attention on analysis, control and decision support.

From a governance perspective, stronger ERP knowledge helps organisations identify where master data, approval workflows, access controls and transaction processes require disciplined management. This supports consistent application of internal procedures and strengthens the quality of information used by management.

The course also supports business continuity by developing common ERP terminology and process understanding across functions. When finance, operations, procurement, projects and technology teams understand how their activities interact within the ERP environment, cross-functional problem solving becomes more structured.

Personal impact

Participants develop a practical understanding of ERP-enabled business processes that extends beyond individual software transactions. They gain the ability to interpret how finance, procurement, inventory, projects and joint venture activities interact within an integrated enterprise platform.

Finance professionals strengthen their understanding of ERP configuration and transaction architecture. This includes general ledger configuration, chart of accounts design, sub-ledger integration and organisational reporting structures.

Procurement and supply chain professionals gain a clearer understanding of how purchasing and materials transactions affect financial information. This improves their ability to collaborate with finance and technology teams when reviewing ERP processes.

Project professionals develop stronger awareness of how project transactions, commitments, budgets and expenditure integrate with financial reporting. This provides a broader perspective on project cost management.

Technology and ERP professionals gain stronger insight into the operational and financial requirements behind system configuration. Understanding business requirements helps bridge communication between technical teams and functional stakeholders.

Managers and team leaders gain a framework for evaluating ERP processes and identifying opportunities for standardisation and automation. They become better positioned to lead discussions involving ERP optimisation, process improvement and digital finance transformation.

The course also strengthens career capability by developing transferable knowledge across major ERP environments. Understanding the principles behind SAP S/4HANA, Oracle Fusion and Microsoft Dynamics 365 gives participants a broader perspective on enterprise systems rather than limiting their knowledge to one transaction or department.

Who should attend

  • Finance Managers and Finance Controllers — To strengthen understanding of integrated ERP finance structures, reporting and transaction flows.

  • Management Accountants — To improve the use of cost centre, profit centre and project information for management reporting.

  • General Ledger Accountants — To develop practical understanding of general ledger configuration and sub-ledger integration.

  • Joint Venture Accountants — To understand ERP-enabled joint venture accounting processes and financial information flows.

  • Procurement Managers and Buyers — To understand how procurement transactions connect with materials management and finance.

  • Supply Chain and Materials Managers — To strengthen understanding of inventory, purchasing and ERP transaction integration.

  • Project Managers and Project Controls Professionals — To understand the project systems module and its relationship with financial control.

  • ERP Functional Consultants — To broaden knowledge of petroleum-sector requirements across core ERP modules.

  • ERP Business Analysts — To strengthen their ability to translate operational requirements into ERP process requirements.

  • Digital Finance Professionals — To develop practical knowledge of automation and integrated financial processes.

  • Information Technology Managers — To improve communication between technology teams and business stakeholders.

  • Internal Audit and Control Professionals — To understand ERP transaction structures, workflows and control points.

  • Operations Managers — To understand how operational activity is represented within integrated ERP processes.

  • Department Heads and Senior Managers — To develop an enterprise-level understanding of ERP-enabled finance and operational integration.

  • ERP Project Team Members — To establish a common understanding of core ERP processes during implementation, optimisation or transformation initiatives.

Course outline

This Module establishes the foundation for understanding ERP Systems for Oil & Gas. The focus is on enterprise architecture, core financial structures and the relationship between organisational design and financial transactions. Participants examine SAP S/4HANA, Oracle Fusion and Microsoft Dynamics 365 from a functional perspective before concentrating on the financial core of an integrated ERP environment.

  1. IFRS 15 — Revenue from Contracts with Customers

    • Provides principles for recognising and reporting revenue from customer contracts.

    • Supports consistent consideration of revenue processes within financial ERP structures.

    • Provides relevant context for ERP transaction design and financial reporting.

    Learning Outcomes

    By the end of Day 1, participants will be able to explain the architecture of core ERP finance functions, assess the purpose of general ledger configuration, understand chart of accounts design principles and evaluate cost centre and profit centre structures in relation to management reporting.

Day 2 examines how operational transactions become financial information through integrated ERP processes. The focus moves from the general ledger to the sub-ledgers and materials management module, demonstrating how purchasing, inventory and supplier transactions influence accounting information.

  1. IAS 2 — Inventories

    • Establishes accounting principles for inventory recognition and measurement.

    • Provides relevant financial reporting context for inventory-related ERP processes.

    • Supports understanding of the relationship between materials management and financial accounting.

    Learning Outcomes

    By the end of Day 2, participants will be able to trace procurement and inventory transactions through an integrated ERP environment, explain sub-ledger integration, identify important master data dependencies and understand how materials management transactions influence financial reporting.

Day 3 focuses on the project systems module and the financial management of projects. Petroleum organisations operate substantial project portfolios, making effective integration between project activities and finance essential for cost visibility, budget control and management reporting.

  1. ISO 21502 — Project, Programme and Portfolio Management

    • Provides guidance for effective project management practices.

    • Establishes a structured reference for project governance and management processes.

    • Provides useful context for integrating project management processes with ERP controls.

    Learning Outcomes

    By the end of Day 3, participants will be able to explain project systems functionality, trace project expenditure through ERP processes, distinguish key project financial transactions and understand how project data integrates with procurement and general ledger functions.

Day 4 addresses joint venture accounting and the financial complexity created by shared petroleum operations. Participants explore how ERP functionality supports joint venture structures, partner transactions, cost allocation and financial information management while maintaining integration with the broader finance environment.

  1. IFRS 11 — Joint Arrangements

    • Establishes principles for financial reporting of joint arrangements.

    • Provides relevant accounting context for assessing joint operation structures.

    • Supports understanding of the financial reporting requirements that ERP processes help operationalise.

    Learning Outcomes

    By the end of Day 4, participants will be able to explain the purpose of a joint venture accounting module, understand partner transaction flows, identify key allocation and settlement processes and evaluate how joint venture information integrates with core ERP finance functions.

Day 5 brings the course together by focusing on automation, integration, controls and practical ERP optimisation. Participants review how the core modules examined throughout the programme operate as one connected enterprise environment and how organisations can strengthen digital finance processes through better integration and governance.

  1. ISO IEC 27001 — Information Security Management Systems

    • Establishes requirements for managing information security through a systematic framework.

    • Provides relevant context for protecting information processed through enterprise systems.

    • Supports consideration of access, information security and governance within ERP environments.

    Learning Outcomes

    By the end of Day 5, participants will be able to identify ERP automation opportunities, assess key control points, understand information security considerations, evaluate integration weaknesses and develop a structured approach to ERP process improvement within an oil and gas organisation.

Certificate

Attendees receive a Certificate of Completion from the Institute For Oil & Gas Training upon successfully finishing the course.

To receive the Certificate of Completion, attendees are required to meet the course attendance requirement established by Institute For Oil & Gas Training and participate in the scheduled programme.

Course dates

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,700

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,700

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,700

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,700

Fees include tuition, course materials and refreshments. Need different dates or a different city? Ask about your preferred date.

Frequently asked questions

What does the ERP Systems for Oil & Gas course cover?

The course covers the core ERP processes required to connect finance and operational activities within petroleum organisations. Key areas include SAP S/4HANA, Oracle Fusion, Microsoft Dynamics 365, general ledger configuration, chart of accounts design, cost centre and profit centre structure, sub-ledger integration, materials management, project systems and joint venture accounting.

Is the course focused on one ERP platform?

No. Institute For Oil & Gas Training provides a cross-platform perspective covering SAP S/4HANA, Oracle Fusion and Microsoft Dynamics 365. The emphasis is on transferable ERP principles, integrated business processes and the specific requirements of oil and gas organisations.

How is the course delivered?

Institute For Oil & Gas Training uses corporate-focused delivery that combines instructor-led sessions, case studies, process simulations, group exercises and realistic oil and gas scenarios. Participants work with examples that demonstrate how finance, procurement, materials, projects and joint venture processes interact within an ERP environment.

Who benefits most from attending?

The programme is designed for professionals across finance, accounting, joint venture accounting, procurement, supply chain, projects, operations, information technology, ERP implementation and digital finance. It is also suitable for managers and senior professionals responsible for ERP-enabled process improvement and financial governance.

What will participants be able to apply after completing the course?

Participants will be able to interpret integrated ERP transaction flows, understand core financial and operational modules, assess master data and organisational structures, analyse sub-ledger integration and identify opportunities for automation and process improvement. Attendees also receive a Certificate of Completion from Institute For Oil & Gas Training after meeting the course attendance requirement.

Next: 18 Jan 2027

4 dates available

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