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The Oil and Natural Gas Market in Brazil Is Still One of the Most Profitable Worldwide and the Company MXM Sistemas, Specialized in Technology and the Provision of Modernization Services, Now Focuses on Investments in the Fuel Sector.
The business management and technology company MXM Sistemas sees the oil and natural gas production and exploration sector as the future of its presence in the Brazilian Market. The company has already expanded its operations by nearly 100% over the last two years and intends to take advantage of the warming oil and natural gas market to apply its investments over the coming years.
MXM Sistemas’ Role in the Oil and Natural Gas Market Will Be Strongly Expanded with a Focus on Investments in Technology and Modernization
The Brazilian oil and natural gas market is still one of the most profitable and important in the global scenario, and now, MXM Sistemas intends to leverage the sector’s potential to expand its presence in the national market.
Being in the market since 1990, MXM Sistemas has as its main technology product the MXM-WebManager, a business management system that has been used by various companies in the Brazilian oil industry, ensuring more quality and operational control in the country.
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Thus, MXM’s president, Maurício Felgueiras, commented on the company’s future regarding investments in oil and natural gas and highlighted: “Today, MXM is in a major expansion process. In the last two years, we have accumulated nearly 100% growth. We are achieving a highly expressive results margin. All of this is the result of the investments we made. I think Brazil has a very important moment to be explored. The country has a huge opportunity to open frontiers and attract many investments, placing itself in a prominent role in the oil world. This is wonderful because it generates wealth, trade balance, and new investments.”
MXM Sistemas currently has the largest number of companies in the oil and natural gas sector using ERP technology (an acronym in English for an integrated business management system).
Thus, it has been operating from the beginning of production to the end of the fuel supply chain in the national market for over 15 years, but it intends to take advantage of the current moment to make these numbers even bigger over the next few years.
ERP Technology Solution Ensures Good Results in the Oil and Natural Gas Market and Company Anticipates Investments in the Sector
Although the use of ERP technology and investments in this system in the oil and natural gas sector is not new and has been utilized for several years, MXM Sistemas ensures that its service has a series of features that set it apart from others.
Among them is the ability to operate with foreign currency natively, with the entire financial operation and budget management supporting transactions in different currencies.
Moreover, cost management in oil and gas operations is also greatly benefited by ERP technology, given that these are projects with high investment values.
Finally, the system also allows for multi-company use, especially for operators, as they need to manage issues such as consortiums; inventory control; conversion and translation of balances, as well as financial results indicated in transactions.
Now, the company is preparing to participate in Rio Oil and Gas at the end of September and intends to showcase to the segment of the market that is still not among its clients all the know-how and technological development of MXM Sistemas during the last years of the pandemic.
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