A publicly traded, full-service midstream company needed a comprehensive review of its revenue contracts to ensure proper compensation under the terms of its agreements and to identify any potential revenue opportunities. The client's challenges included disparate and unstructured data sources, inefficient internal processes, heavy reliance on manual revenue calculations, and organizational silos that limited knowledge sharing. The client chose Opportune because of its extensive expertise across the midstream value chain and its proven ability to integrate contract terms with system data and internal processes, ensuring a focus on delivering measurable value.
Opportune executed a detailed contract review and reconciliation process, applying deep industry and accounting expertise to uncover discrepancies and opportunities for revenue enhancement. The methodology included reviewing and documenting critical terms for key revenue agreements, reconciling the revenue owed under each contract, and specifically identifying missed revenue opportunities. The team collaborated with key personnel to understand the root causes of the billing discrepancies, which was crucial for proposing effective long-term solutions for process improvement.
When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.
