Plains Midstream Canada Selects AX4energy Joint Venture Accounting Module from mcaConnect
DENVER, Jan. 26, 2015 /PRNewswire/ -- mcaConnect, LLC (mcaConnect) announced today that Plains Midstream Canada (PMC), an indirect subsidiary of Plains All American Pipeline L.P., has chosen the AX4energy Joint Venture Accounting module for Microsoft Dynamics AX, developed by mcaConnect.
Based in Calgary, Alberta, Canada, with assets across North America, PMC focuses on midstream activities – the wide range of facilities and services needed to connect oil and gas producers with refiners, petroleum dealers and other customers. PMC needed an effective, industry-specific Joint Venture Accounting solution for its crude oil and liquefied petroleum gases (LPG) marketing, storage, terminaling, and transportation operations.
The company is upgrading to Microsoft Dynamics AX 2012 and sought a solution that could work in concert with this Enterprise Resource Planning (ERP) platform. After a detailed review of available solutions PMC chose the AX4energy Joint Venture Accounting Solution from mcaConnect to meet its business needs.
The AX4energy Joint Venture Accounting module makes it simple and easy for energy companies to leverage the powerful technology of Microsoft Dynamics AX for Joint Venture Accounting business transactions. The solution handles Joint Interest Billing, Division of Interest, Overhead Management and Authorization for Expenditure and more.
"The AX4energy Joint Venture Accounting module integrated with Microsoft Dynamics AX 2012 gives us the functionality we need, allowing us to meet our complex business transaction requirements, while ensuring our company is able to utilize the enterprise power of Microsoft Dynamics AX 2012," said Bill Forward, Vice President of Finance for PMC.
mcaConnect enjoys a track record of success in providing Microsoft Dynamics AX business management software and solutions to energy companies using AX4energy. "With users at PMC already familiar with the Microsoft Dynamics AX ERP system, it was important for the company to find a solution they could count on for not just industry functionality, but also to leverage their existing investment," said David Huether, Vice President, Sales & Energy Solutions – AX4energy at mcaConnect. Huether added, "AX4energy is an innovative Joint Venture solution for E&P companies, as well as midstream companies like PMC, and we are looking forward to witnessing our valued client realize measurable return on their investment and make strong use of our industry best practices within AX4energy".
About mcaConnect and the AX4energy Solution
mcaConnect has more than 25 years' experience delivering innovative ERP and CRM solutions built on Microsoft technologies to manufacturing, energy, and distribution companies around the world. We help businesses establish competitive advantage and operational excellence by delivering solutions that combine and align business strategy, process efficiency, technology capability, and performance measurement. mcaConnect is one of the largest Gold Certified Microsoft Dynamics AX and CRM partners in the United States who supports multi-national implementations. mcaConnect holds both the 2014 U.S. Microsoft Dynamics Reseller of the Year and Microsoft Dynamics AX FY14 US Manufacturing Partner of the Year awards. Learn more at: www.mcaconnect.com.
The AX4energy solution from mcaConnect provides enterprise business software solutions to the midmarket and divisions of Global 1000 energy companies by working with energy clients to scope, design, and implement Microsoft Dynamics AX ERP to fit unique business needs.
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SOURCE mcaConnect, LLC
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