P2 Announces the Launch of Qbyte FM 2.0

Fully modernized but not re-invented, the oil and gas industry’s leading financial management solution just got even better.

CALGARY, ALBERTA – (February 26, 2018) – P2 Energy Solutions, the leading developer of management software for Canada’s oil and gas industry, today announced a major upgrade of its flagship Qbyte Financial Management solution. 

Qbyte FM 2.0 sports a major refresh in the software’s interface and usability, while preserving all the rich functionality that has made it far and away the market leader for Canada’s oil and gas market. The upgrade is painless, and requires no additional investment to customers’ existing IT infrastructure. 

P2 worked with user experience experts to study how users interacted with the software in order to improve the interface, simplify functions and make common processes easier to navigate.  

Along with those improvements, Qbyte’s backend remains unchanged. Upgrading is easy, and promises a low-risk implementation for loads of additional user value.  

Some of the improvements in Qbyte FM 2.0 include:

• Modern, easy to use interface with full browser functionality  
• Leading edge search functionality
• Ability to instantly access related reports and export to Excel
• Improved naming for consistency and standard business language
• Scalable and full-screen browser windows
• Support for multiple monitors

Qbyte FM is the most widely used oil and gas accounting solution in Canada. Designed for the Canadian oil & gas industry, Qbyte FM is a comprehensive financial, capital, and joint venture accounting package; complete with management reporting and operations analysis. It gives everyone in the organization easy access to essential information.

Integrated with P2’s reporting application, Qbyte FM delivers real-time information right to the desktop. Users can easily print, email, share, drill down for more details, or export to spreadsheets.

“Functionality is crucial, but usability matters too,’ said Michael Danielewicz, Senior Vice President, Canada for P2 Energy Solutions. “With this update we’ve invested in a better experience for our customer’s end users. While the interface has been completely revitalized, the rich functionality of Qbyte FM remains untouched. We’ve also made sure to keep the data model and back-end processes the same. We did this to protect our customers' IT investments and make upgrading pain free.”

About P2 
P2 Energy Solutions empowers the people who power the world. P2 is the world's largest software and technology company dedicated to the upstream oil and gas industry, with solutions spanning the entire value chain from exploration to decommissioning. More than 1,500 companies use P2 products and services daily to improve decision-making, gain clarity into complex workflow scenarios, and optimize upstream efficiency. With more than 80 years of experience in data and 30 years in software, P2 has offices around the world, and employs over 700 people. For more information please visit www.p2energysolutions.com.

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Mark de Wolf
Media Relations
markd@jdmarketing.co.uk