Enterprise-wide tool, equipment, and materials management for the oil and gas industry
In a business where fluctuations in supply are common, you need to be sure that when product is available, it’s moving smoothly from upstream to midstream to downstream. ToolWatch helps keep critical projects and scheduled turnarounds on track by eliminating delays associated with tool and equipment availability. Oil and gas companies worldwide rely on our platform to improve resource management, simplify communication throughout the organization, and make better-informed strategic decisions.
From lifting gear to shackles to come-a-longs, ToolWatch ensures that your teams have what they need to do their job, and you have the real-time information you need to run your business profitably. And because the only technology investment that makes sense for your company is one that delivers a healthy return, every enhancement we make to the system increases your effectiveness and your ROI.
Keep your projects on time and under budget
ToolWatch uses desktop software, mobile apps, and hand-held scanning devices to collect and distribute real-time data that delivers measurable benefits to oil and gas companies across all areas of their operations.
The system’s proven cloud-based technology:
- Provides enterprise-wide visibility into tool utilization
- Reduces theft, loss, and overall tool costs
- Replaces paper forms with secure, searchable online data
- Streamlines purchasing and receiving
- Automates job costing and billing
Be sure that your office, warehouse, and field teams have the tools, equipment, materials, and information they need close at hand so they can get more done each day.
Who is using ToolWatch
ToolWatch is an intuitive, cost-effective, web-based system that’s easy to implement and delivers immediate results. That’s why it’s no surprise that oil and gas companies of all sizes build their businesses around it.
ToolWatch provides a customizable way to inventory tools by location and easily transfer, retire, and regulate tools.
IS Project Manager
Real world, real results
- Making the ToolWatch Field App available to all field team members has helped a company on multiple occasions recover tools assumed to be lost and quickly return them to the active inventory, saving a significant amount in tool costs.
ToolWatch Enterprise integrates with Viewpoint Vista, one of the construction industry’s premier software applications for managing operations and finance.
ToolWatch Enterprise integrates with Sage 300 CRE (formerly Timberline), the most widely-used construction management software in the industry.