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    Success Story

    Aly Energy

    Baker Tilly enables growing oil and gas service companies to manage multiple entities

    Background

    Aly Energy Services, Inc. is an oilfield rental and services company operating primarily in the North America.

    Baker Tilly's experience in the oilfield services industry was a big factor in our selection.

    Alya Hidayatallah, CFO
    Aly Energy

    Previous accounting challenges

    • Their legacy software could not provide consolidated financial reporting across all of the company's legal entities.

    Benefits realized after Baker Tilly

    • As a public company subject to Sarbanes-Oxley, strong internal controls were crucial, so Baker Tilly's exclusive AICPA endorsement and SSAE16 SOC 1 Type II audit was key.
    • The company will save significant costs in the areas of reporting, job costing and job tracking.
    • The Baker Tilly best-in-class approach will allow their entities to choose their operational software and integrate it with their ERP.
    • Baker Tilly has enabled capabilities for automated reporting of revenues and gross margin by asset, by location or by other key reporting dimensions.
    • Aly Energy's teams now has enhanced options regarding inter-company transactions and multi-entity consolidations.
    • Their new ERP is robust, scalable and can support the company’s future growth requirements.

     

    Explore more

    Baker Tilly curates, integrates and optimizes the right technology stack for your organization. We layer in our own proprietary “last mile” solutions. And we offer these technologies either via a Software-as-a-Service delivery model, where your own Finance function manages the day-to-day use of the technology or via a Finance-as-a-Service delivery model where we run your accounting operations and provide the outcomes you need.

    Here are some additional resources that may help you find solutions for your challenges. Or schedule a discussion to go over your needs and goals now.

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