Compare oil and gas accounting software for AP, revenue statements, JIBs, QuickBooks workflows, and back-office automation. See where Joltly fits.
Our team evaluated a wide range of platforms built for oil and gas companies, weighing scalability, ease of use, integration capabilities, and pricing, then gathered feedback from industry professionals on the strengths, limitations, and best use cases for each. The goal: help operators of any size find the right fit for their financial management needs.
Joltly isn’t a full accounting system. It’s purpose-built to automate AP and AR workflows and connect directly to your existing ERP. Most systems on this list still rely on manual processes for Accounts Payable and Accounts Receivable. Joltly is built to solve exactly that, for oil and gas operators: AI invoice coding, revenue statement processing, native payments, and clean exports into the books you already keep.
Scalable, cloud-based, and genuinely modern: full GL, AP, AR, JIB, AFE, division order, and revenue accounting in one true SaaS, SOC-compliant platform with no upgrade-cost surprises. It now runs Quorum’s embedded AI (QAI) for in-app help and AI-driven invoice and data extraction, and the On Demand Data Hub pipes validated data straight into Power BI and Excel. Strong analytics and open APIs. Reach their team at partners@quorumsoftware.com.
Quorum Software is a leading global provider of energy software, serving more than 1,500 customers in 50 countries across the entire energy value chain. Through its industry-leading portfolio of planning, operations, and financial solutions, Quorum helps oil and gas and renewable energy companies simplify complex business processes, improve operational performance, and achieve better business outcomes. Delivering AI and digital infrastructure for energy operators, Quorum connects people, workflows, and systems with decision-ready data, enabling organizations to make informed, data-driven decisions that drive growth and profitability.
A genuine all-in-one: their Stream+ platform (built in Tulsa, formerly Waterfield) runs accounting, land, production, and field service for both upstream and midstream under one roof, which is rare in this space. W Energy claims processing speeds up to 150× the industry average, so close tasks that used to take hours run in minutes, and their DataView BI tool gives real-time reporting. It’s one of the few platforms on this list that genuinely covers the full field-to-finance workflow without bolt-ons, and the team behind it knows upstream and midstream operations cold. A strong single-system choice for operators who’d rather not stitch tools together, and one we’re glad to point people toward. Reach their team at info@wenergysoftware.com.
W Energy is a fully integrated oil and gas software platform designed for upstream and midstream operators, connecting your business from field to finance. Its Stream+ platform offers a fully integrated suite for upstream covering accounting, land management, production, and field service, while midstream operators can access plant accounting, pipeline accounting, and land management. Its business intelligence tool, DataView™, produces the real-time reporting needed for quick decision making.
Enterprise-grade revenue and joint-interest accounting, now under IFS (which acquired P2 Energy Solutions in 2022). BOLO brings AI-powered invoicing, GAAP and SOX support, and arguably the deepest state-and-federal severance and royalty compliance in the category, scaling from a few wells to a few thousand. It’s the back-office system the largest E&Ps standardize on. Powerful, but a heavier lift and overkill for most small operators.
Quorum’s enterprise-grade accounting platform, purpose-built for operators running complex, multi-entity portfolios at scale. It covers the full upstream back office: revenue distribution, owner payments, JIB, tax and partner allocations, and AFE-to-financial-statements, all inside governed workflows with role-based permissions and fully traceable audit trails. Validated production volumes flow straight into revenue and expense allocations, cutting manual reconciliation. Think of it as the enterprise-tier counterpart to Quorum’s long-trusted OGsys workhorse: the same accounting depth, built for far bigger, more complex operations.
QuickBooks is powerful and affordable, but it was never built for oil and gas: no wells, AFEs, JIB, or revenue distribution. Joltly fills that gap: it layers onto QuickBooks to handle simple JIBing and owner distributions automatically, synced two-way. A genuinely good option for small operators who just need the basics done, though large operators doing high volumes will want a full ERP.
See a demo →We started small, and we built something to help small operators do their job better. QuickBooks gets a lean back office most of the way there, but it was never built for wells, AFEs, JIB, or revenue distribution. Joltly fills that gap simply, so you can run oil and gas accounting without a heavy ERP or a pile of spreadsheets on the side. If that sounds like your team, we’d love to help.
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A true single-vendor, field-to-financials ERP: revenue, AFE budgeting, JIB, and multi-entity, multi-currency GL alongside production and field data capture. Enertia has been at it for 40 years across 250+ upstream operators, which shows in how stable and complete it is. Built for teams running high invoice volumes across thousands of wells, it’s robust, if on the heavier side to roll out.
Compliance, revenue distribution, and joint interest billing at scale, and a well-established name in O&G accounting after absorbing WolfePak. Capable and well-staffed. The catch: it’s a bit of a walled garden, and as far as we can tell it doesn’t play especially nicely with outside software.
An accounting-and-project-management suite for oil and gas. It feels dated, and it’s not one we’ve spent much time with, so it’s worth a look only if it already fits how your team works.
Flexible and integration-friendly for small-to-mid operators, though built on older technology. Boulder-based (a little ironic for O&G), and the accountants we know find it fairly priced and effective for the money.
Detailed asset management and regulatory reporting for operators with complex needs. Firmly in the legacy category, and we don’t come across many teams running it today.
Missing a system? Let us know; we’re always updating this list. Are you an accounting firm and think we got it wrong? Email us at support@joltly.io.
Joltly integrates with platforms like Quorum On Demand Accounting, W Energy, QuickBooks Online, and other accounting systems, so you can modernize AP and AR without replacing your core financial software. Book a call and we’ll show you exactly how Joltly fits into your existing stack.
Get quick answers to common queries in our FAQs.
You only pay for what you use — no seat fees and no modules you don't need. Pricing is a monthly platform fee plus usage on documents processed, ACH payments, mailed checks, and the workflows you turn on. We size it to your actual monthly close so it scales with the work, not your headcount.
A smaller operator running 25 documents, 10 ACH payments, and 2 mailed checks a month would be priced on that exact volume. A larger operator at 100 documents, 50 ACH payments, and 10 checks pays predictably more. You always know what you're spending because it tracks the actual close.
Joltly connects directly to QuickBooks and Quorum On-Demand Accounting, and supports file-based export workflows for systems like PakEnergy and Integra. It manages accounts, items, vendors, partner mappings, JIB clearing, revenue liabilities, and netting accounts inside your existing setup.
Both sides of settlement. On expenses: invoice review, GL coding, approvals, JIB creation, ACH and check payments. On revenue: statement OCR, partner distributions, remittance emails, and netting between JIB receivables and revenue payouts — so your team replaces spreadsheet work and email follow-up during close.
Yes. Your wells, partners, revenue interests, GL mappings, approval flow, export formats, and partner-facing statements are configured per operator. Most customers go live on their existing chart of accounts and ERP setup — no rebuild required.
