BLUEPRINT: RIGNET INC.

THE EFFICIENCY EQUATION
The Building Partner
RigNet provides broadband, plug-and-play data, communication services to offshore rigs, land rigs, and remote locations that drastically enhance communications and decision making capabilities. RigNet is serving its global oil and gas customers from service centers in Houston, Singapore, Norway, and through a network of alliances.

+ Surveying the Project
RigNet had been named by Deloitte & Touche LLP as one of 2005's fastest growing technology companies in Texas. The "Rising Star" recognition is part of Deloitte's regional Technology Fast 50 program, which ranks technology companies based on revenue growth over three and five years. RigNet was using Quickbooks to record financial transactions and a separate application to track customer contracts. Monthly invoices took a great deal of time to create and send, given the manual processes to produce and review the billed amounts. Additionally, there was no system in place to accurately monitor its fixed assets.

+ Drafting the Blueprint
RigNet selected The Rand Group (TRG) and Microsoft Navision as the enterprise system solution. The initial phase focused on Navision financials and customer contract information to help generate invoices quicker. Navision also gave RigNet the foundation for a requisitioning and fixed asset system.

+The Microsoft Building Blocks
RigNet selected The Rand Group (TRG) and Microsoft Navision as the enterprise system solution. The initial phase focused on Navision financials and customer contract information to help generate invoices quicker. Navision also gave RigNet the foundation for a requisitioning and fixed asset system.

+ The Rand Group Expertise
TRG consulting team designed the system to automatically generate monthly invoices based on the customer contracts input into the system. They also created custom requisitioning functionality to meet RigNet's unique fixed asset tracking requirements.

= Measurable Results
TRG reduced the RigNet monthly billing processing time from over fifteen business days to a week. Their customer base has doubled in size and Navision now has customer contract data stored in a single location. TRG also helped RigNet better track and manage their inventory and fixed assets by providing information to avoid any unnecessary expenditures.