"Allegro’s software enables our traders to immediately capture transactions directly into our risk system. It also creates a more efficient, automated process for managing price indexes and curves, and improves the timeliness of our transaction reporting."

ACES Power Marketing (APM)

Revenue Distribution Management & Reporting Solution PDF Print E-mail

RevenueSimplify and automate the entire revenue distribution process, from allocation to disbursement

If you could take all the time consuming tasks and complexities related to revenue distribution and roll them up into one easy-to-use solution, what would it mean to your company? Escalating penalties, changing regulations and an increased need to provide process control are driving oil and gas producers, and first purchasers, to utilize an integrated solution to manage revenue allocation and distribution.

Revenue 8.0

Allegro’s Revenue component simplifies and automates the entire revenue distribution process by utilizing easy-to-use views, powerful sorting and querying capabilities and complex revenue functionality that includes sales revenue allocation, withholding, taxes, assignments, conveyance, suspense, payment generation and escheating. Whether the requirement is to accurately pay royalties to owners or to invoice purchasers and then distribute revenues to owners, the Allegro Revenue component seamlessly integrates with the Allegro 8 solution and existing legacy systems to ensure accuracy and proper process control.

Key Feature Key Benefit

Revenue Distribution and Allocation

Automated management of sales revenue allocation ensuring
accurate disbursement to interest owners

Revenue Disbursement

Automated generation of revenue payments and distributions to royalty owners

Conveyance Management

Ease of handling conveyances and suspense issues

Tax Management

Easily withhold taxes payable, including production and severance taxes

Escheat Process

Automatically manages multiple state and dormancy rules for any owners that cannot be traced and creates necessary transactions

Full Audit Capability

Built in audit capability provides accuracy and compliance of revenue distributions

Regulatory Reporting

Built in report views easily display distribution and disbursement regulatory reports as well as allow for ease of customized reporting