
General
How is WolfePak priced? Pricing depends upon how many users will be accessing the system and what modules are specific to your needs. Please contact us for pricing based on your company's requirements.
How long has WolfePak been in business? For over 25 years WolfePak has been providing accounting software solutions for the Oil & Gas industry.
Can documents be scanned into WolfePak? WolfePak developed its own integrated document imaging instead of utilizing a third party solution giving you an integrated solution that allows you to add and view documents and associate them with specific transactions, vendors, employees, owners, etc. with just a click of the button. This optional module streamlines your records management, eliminating misplaced documents or manually pulling invoices from files when needed.
Does WolfePak support my current check stock? This depends on the layout of the checks and can be verified through the forms department. This group offers check stock and IRS forms that are guaranteed to work with WolfePak. WolfePak also includes the ability to print checks utilizing blank check stock which can save you money.
What are the hardware requirements? WolfePak leaves a very small footprint and typically runs on your current network. Please contact the sales department to verify current hardware requirements.
Will WolfePak grow with my company? WolfePak is very scalable and has users that operate as few as 5 wells up to large companies that operate over 5,000 wells a month. The software is designed to grow with your business.
Can you use remote access for WolfePak? Remote users can easily be set up using Microsoft's terminal server, Citrix, GotoMyPC, or a number of other remote desktop solutions.
Does WolfePak export files to excel/CSV? WolfePak has Excel and CSV import/export capabilities in most areas throughout the software that you would expect to see this functionality.
How many companies can I have in WolfePak? Unlimited “sets of books” (companies) can be set up in the software and consolidation, combining, sharing of master files, and various multi-company options are available to facilitate either separate or combined reporting and/or day-to-day operations.
back to topConversion/Implementation
How quickly can I get my data converted? Conversion timeliness may vary depending on several factors, including the system that you are converting from, the number of companies, years of history, the size of master files and more. The WolfePak conversion team will work with you to develop a timeline that works for the conversion of your data from other systems.
Can you convert QuickBooks data? Yes, our conversion department has converted over 20+ different types of accounting software including QuickBooks. For a list, click here.
What systems have you converted? We have successfully converted all of the mainstream oil & gas accounting software applications. For a partial listing of softwares converted click here.
back to topTraining
What are the training options? New user training is included with the purchase of the software at our Abilene Campus for the core modules. Additional options are available.
What is the cost of training? The cost of New-User training class as mentioned above in Abilene is included when you purchase the software. Please click here for description and pricing on other training.
back to topUpdates/Enhancements
How often does WolfePak perform updates? WolfePak is constantly updating and enhancing the software. Notification of updates to the software is emailed on a regular and ongoing basis, usually once every couple of months.
How do we get updates? Through a one-button download inside the software’s Utilities module that is secured and encrypted.
Does WolfePak get updated with IRS regulation changes? Yes, we keep our software updated with the latest IRS requirements and changes.
How much is maintenance? The first year's maintenance and support is included with the purchase of the software. The 2nd year is 15% of the purchase price.
back to topSystem/Utilities
What is WolfePak’s file structure? WolfePak uses an embedded and fully bundled Sybase (an SAP company) Advantage Database System (ADS) in a client-server environment that ensures your data stays safe and secure, gives the system a very high degree of reliability, and helps WolfePak provide a very high level of scalability.
What database does WolfePak utilize? Advantage Database System (ADS) - The database is automatically setup by WolfePak to be self tuning and self configuring and requires no maintenance by the user or the IT department other than the initial install.
Is WolfePak compatible with Macs? WolfePak has several users running on Macintosh computers using Windows emulation.
What versions of Windows do you support? WolfePak uses standard Windows protocols. Supported versions are Windows XP, Windows Vista, and Windows 7.
Does WolfePak perform backups? WolfePak has a one-step backup function that backs up the system to a designated location. A scheduled server backup or an off-site backup is always recommended.
back to topAudit/Security
What kind of security do you offer? WolfePak goes well beyond typical database level security options and has extensive security features to protect your data from unauthorized use. Security can be setup on a user by user, company by company, screen by screen, then level of functionality within that screen basis allowing the ultimate in flexibility and control. Going even beyond that, there is also the ability to restrict access and/or changes to specified journals and/or account numbers.
Is the system SOX Compliant? WolfePak Software is Sarbanes Oxley compliant and keeps a change log for security and auditing purposes. Individual records are marked with both the creation date/time/user and the last change date/time/user. Posting to the GL is controlled and logged. Multiple posting allowed date ranges can be defined for different groups of users.
How are changes to data logged in the system? All changes to master files are automatically and silently logged in an internal change log database. In addition to physical changes to the files, key processing events or actions are also logged. Built in audit features allow managers the ability to review suspicious activity at the touch of a button on a regular basis.
back to topGeneral Ledger
Can you enter budgets into WolfePak? Budgets are entered or imported through the General Ledger module giving the option of running multiple reports, shown in quantities or dollars. back to topFinancial Reports
What types of financial reports do you have? The WolfePak Software is already feature rich in “canned” reports but a report definitions writer is built in to modify existing reports or create virtually unlimited reports yourself. back to topAccounts Payable
Can WolfePak make partial payments? Partial payments are made through the accounts payable module and the unpaid portion will remain as an open-item.
Does WolfePak generate positive pay files for banks? Yes, a positive pay file can be created electronically through our Bank Reconciliation module that can then be sent to the bank for verification. back to topRevenue/Billing
Can you net revenue checks? Yes. There are multiple options to set up each individual owner that best suits their needs.
How many properties can I have? Unlimited properties
How many DOIs per well can I have? Unlimited DOIs per well
Can I track my AFEs in WolfePak? Yes, AFEs are entered through revenue/billing. Expenses are applied to them giving the ability to track them by running AFE Comparison reports and AFE Prepayments vs. Unbilled reports.
Can WolfePak import revenue data? Yes, WolfePak interfaces with PDS & Oildex, through CDEX to simplify your Check Stub entry or it can be brought over through CSV files.
Do you have state backup withholding? Yes, we have Oklahoma backup withholding as well as the additional states that require it. back to topProduction Module
What types of Production reports are available in WolfePak? Daily Run Ticket Reports, Daily Production Reports, Owner Production Reports, and State Production Reports, which can be created and filed electronically in TX, NM, LA, and CO.
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