NAVA™ AFE is an integrated web-based solution that creates AFE documentation for capital expenditure, which can be tracked by both internal and partners approval.

AFE and supplements AFE documentation can be generated, listing participating interest and partner share of the expenditures. Account codes, block, well, budget holder and other analysis are added during data entry and provide relevant information to decision-makers.

AFE submitted for internal approvals (management) and external approvals (partners) are tracked by dates, users, departments, type of expenditure and class to facilitate monitoring. Workflow Dashboard provides an overview of status tracking the AFEs lifecycle, which enables prompt decision-making and avoids delay in approval process.

Budget enquiry by account code, block and department enables budget information to be viewed online during creation and before approval. Tolerance limit can be set, giving early warning of actual costs against budget.

Upon completion of capital project, AFE closure provides control to prohibit additional expenditure or charging to closed projects.