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Pandell Releases Version 3.17 of JVNexus™ Financial Accounting Software

Nov 25 | Product News

Calgary, AB – (Nov 25, 2011) Pandell Technology Corporation announced today the release of JVNexus financial accounting software, Version 3.17. This version includes new robust data processing for key operations, and increased performance and functionality by the addition of new report logic and a new grid extract engine.

Version 3.17 introduces robust “all-or-nothing data processing” across key operations. With this added security, transactions are only committed to the database after the full completion of the process. This ensures no records are left in an incomplete state. All-or-nothing data processing has been implemented across several core functions, including:

  • Voucher processing and rollbacks
  • Cheque processing
  • New clearing function in the Working Interest Clearing master
  • Master file global replacement

In addition, continuous improvement efforts have addressed system performance and functionality in the following areas:

  • Refined database access logic that effectively enables reports to run up to 35% faster
  • Improved handling of cached data
  • A rewritten grid extract that now provides: an ability to open, run, share and apply custom settings on multiple grid extracts, unlimited filtering options, new drilldown ability to transaction and master file details

JVNexus has been used by Canadian junior oil and gas companies for over a decade. With over 200 companies using it today, it is the top-selling financial management software in its industry. Available from Pandell as part of a full-service software solution, your company can start using JVNexus for one low subscription-based monthly fee. To request a product demonstration please call 403.271.0701 or submit a web form at www.jvnexus.com.


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About Pandell

Pandell is a leader in delivering Software-as-a-Service (SaaS) solutions to 500+ energy companies in Canada, the USA, and abroad. Our customers range from startups to major enterprises across the energy sector including upstream oil & gas, midstream facilities, oilfield services, land brokers, pipelines, utilities, mining, and renewable energy. Our cloud-hosted product suite helps finance, land, and operations teams run their business more effectively; while our enterprise division builds and manages large-scale web portal applications that facilitate work across organizations. Combining the strength of our industry experience, ground-breaking Lithium™ technology, and practical software subscription model, we are Crafting the Future of Energy Software.