Houston and Midland, TX / San Jose, CA (PRWEB) July 23, 2012
AcctTwo, a leading provider of cloud-based accounting technology and business process outsourcing to small and medium-sized companies, today announced that Big Horn Energy Services, LLC has selected AcctTwo as its business process outsourcing partner. AcctTwo will be providing outsourced accounts payable, billing and accounts receivable, fixed asset tracking, month-end close, and management reports and dashboards to Big Horn. The services will be provided using the Intacct software platform, the leading on-demand accounting and financial management software provider.
“We are very excited to have been chosen by Big Horn as their strategic outsourcing partner,” said AcctTwo Chief Executive Officer Marcus Wagner. “They are the perfect fit for AcctTwo, given our significant experience in the oilfield service industry and their need to rapidly deploy a sophisticated and scalable accounting and back office capability.”
Big Horn is an oilfield service company providing water management services to the oil and gas industry. The company commenced field operations in May, 2012 and is based in Midland, TX.
“We selected AcctTwo because we had a need to quickly deploy an accounting system and accounting department with sophisticated management reporting capabilities for our management team and shareholders,” said Big Horn Chief Financial Officer Howard Burris. “The labor market is very competitive in Midland today due to the oil and gas boom that Texas is experiencing. AcctTwo provides us with an immediate accounting and back office capability without having to hire personnel in Midland. This enables our Midland-based employees to focus on serving customers.”
The AcctTwo outsourcing platform will provide Big Horn management with the capability to track employee and equipment utilization, job cost and profitability, diesel fuel usage by equipment type, fixed asset tracking and depreciation, and a sophisticated purchasing function with electronic approval workflows.
AcctTwo is a leading consulting firm and reseller of cloud-based accounting and financial management software. AcctTwo’s sophisticated systems solve the issues growing middle market companies face today. AcctTwo also outsources back office processes, allowing clients to focus on the core competencies of their business. AcctTwo provides the people, processes, technology and office facilities to perform these functions, while allowing clients to collaborate interactively through an on-line portal.
AcctTwo is headquartered in Houston, Texas. For more information, please visit http://www.accttwo.com or call 713-744-8400. Connect with AcctTwo on LinkedIn (http://www.linkedin.com/company/accttwo-shared-services), Twitter (http://www.twitter.com/accttwo) or Youtube (http://www.youtube.com/theaccttwochannel).
AcctTwo and the AcctTwo logo are trademarks of AcctTwo Shared Services, LLC. All other company and product names mentioned herein may be trademarks of their respective owners.