Pandell Releases Version 4.0 of JVNexus™ Financial Accounting Software
Calgary, AB – (October 15, 2013) Pandell announces Version 4.0 of JVNexus financial accounting software. This major version release responds to changing industry demands by migrating JVNexus’ current backend database from SAP Advantage Database Server, to Microsoft SQL Server. This significant change provides Pandell’s E&P clients with better system performance and stability, lays the groundwork for more technologically-advanced enhancements to be delivered in the future, and facilitates tighter data integration between JVNexus and Pandell’s other financial and land software applications.
Microsoft SQL Server’s highly scalable database will drive better system performance for all JVNexus users, and more specifically, Pandell’s larger, intermediate-sized clients. A significant number of junior and intermediate energy companies already have SQL Server in-house. These companies will be able to migrate JVNexus into their existing IT environment with little disruption. In addition, JVNexus 4.0 includes an integrated database conversion utility, which will prevent additional IT work for Pandell’s clients.
“Microsoft SQL Server is a powerful database capable of supporting Pandell’s rapidly growing clients,” says Kathy Dodds, Pandell’s Senior Product Coordinator. “By moving to SQL Server, we’ve ensured a more scalable and solid backbone for companies that are processing a quarter million GL transactions per month and over a 100,000 BOE/day. Plus we’ve set the stage for some exciting, ground-breaking functionality to be delivered to all of our JVNexus clients in the near future.”
JVNexus is the benchmark for joint interest accounting software in the Canadian oil and gas industry. It’s used by hundreds of junior and intermediate E&P companies because of its flexible setup options, intuitive multi-window interface, efficiency-focused development, and outstanding customer support services. JVNexus is available from Pandell for one low subscription-based monthly fee, and as part of a full back-office bundled software package. Request a JVNexus demonstration by calling 403.271.0701 or visiting www.jvnexus.com.
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.