- Revenue Reporting Module -     Improve information management and internal controls for revenue reporting
For companies that have relied on a mix of spreadsheets for storing and processing revenue information, recent federal regulations impose new rules on the effectiveness of data controls. For those companies who need to improve information management beyond spreadsheet systems, EMK3 offers the Revenue Reporting and Analysis Module.     The Revenue Reporting & Analysis Module captures all data used for revenue and expense calculations and provides critical internal controls for information management. This module provides full transaction processing capabilities from calculating wellhead netback prices, including all gathering and transportation expenses, to powerful reporting and analysis tools.

Key Features

-	Automate Invoicing: Calculate the value of all sales and 3rd-party purchases and generate invoices.
-	Reconcile Price: Automatically verify you were paid the correct price for the correct volume.
-	Calculate Wellhead Netback Price: Calculate wellhead netback prices with configurable parameters on deducting G&T expenses, fuel, pipeline cashouts, and more.
-	Generate Accruals for Accounting: Generate accruals to provided revenue data to the accounting department.
-	Calculate Prior-Period Adjustments: Store multiple revenue calculations, such as "Preliminary" and "Final", and calculate PPAs. In addition, generate revised invoices.
-	Store Purchaser Statements: Electronically store all purchaser statements received from buyers for tracking and verification.
-	Calculate Wellhead Differentials: Calculate index and NYMEX differentials to wellhead netback prices for a well-by-well comparison.
-	Analyze Revenue by Buyer: Analyze your revenue by buyer to manage risk exposure.
-	Run Sensitivity Tests: Run sensitivity tests for SEC reporting to forecast oil and gas prices.
-	Forecast Revenue: Calculate revenue forecasts at either the sales pool or down to the wellhead.
-	Graphical Analysis: With dashboard technology, visually and interactivity examine revenue.
-	Generate Reports: Property Balance, Volume Balance, G&T Expense, Product Pricing, Sensitivity Test, Credit Summary, Differential Analysis, and more.