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Enterprise AFE Lifecycle

AFE Management, Intelligent

Streamline your Authorization for Expenditure workflows with intelligent approvals, real-time cost tracking, JV partner balloting, and a SOX-compliant audit trail.

AFE LifecycleSmart ApprovalsCost TrackingJV BallotingRhino Copilot
Contact SalesView Pricing

Indicative pricing — custom quotes based on team size and requirements

From £225/seat/month

per seat · Organization (volume pricing, sales-assisted)

All pricing is indicative. Contact our sales team for a custom proposal based on your specific requirements.

1

AFE Lifecycle Management

Manage the complete AFE journey from initial request through execution and close-out. Track status, manage revisions, and maintain a comprehensive audit trail at every stage.

AFE creation with structured templates
Status tracking across the full lifecycle
Revision history with change tracking
Close-out workflows with final cost reconciliation
2

Intelligent Approval Routing

Configure multi-level approval workflows that adapt to AFE value, type, and organisational structure. Support delegation, escalation, and conditional routing based on business rules.

Value-based approval matrix configuration
Automatic routing with delegation support
Escalation rules for overdue approvals
Parallel and sequential approval chains
3

Cost Tracking and Variance

Track actual expenditures against AFE estimates in real time. Identify variances early, trigger alerts on threshold breaches, and manage supplements when scope changes require additional funding.

Real-time actual vs. estimate comparison
Automated variance alerts on threshold breach
Supplement management for scope changes
Commitment tracking and accrual management
4

Rhino Copilot (coming soon)

Rhino Copilot will bring cost intelligence to AFE — benchmarking estimates, detecting anomalies and generating predictive forecasts from your historical AFE data. Coming soon.

Cost benchmarking against historical data
Anomaly detection for unusual line items
Predictive cost estimates for new AFEs
Natural language queries across your AFE portfolio

Full Platform Capabilities

Everything you need to manage AFE workflows with confidence and compliance.

AFE Creation

Structured templates with auto-populated fields and cost categories

Approval Routing

Multi-level workflows with delegation, escalation, and conditional logic

Cost Tracking

Real-time actuals vs. estimates with commitment tracking

Variance Analysis

Automated alerts on threshold breach with drill-down by category

JV Partner Balloting

Structured voting workflows with response tracking and deadlines

Supplements and Revisions

Scope change management with approval chains and cost impact

Rhino Copilot (coming soon)

Cost benchmarking, anomaly detection, and predictive estimates

Compliance Reporting

Regulatory compliance reports with full audit trail

Smart Notifications

Role-based alerts for approvals, deadlines, and variances

Team Collaboration

Comments, attachments, and activity feeds on every AFE

Audit Trail

Immutable log of every action, approval, and modification

System Integration

API access, ERP connectivity, and data import/export

Ready to Modernise Your AFE Process?

Talk to our team about how AFE Management can reduce approval cycle times and improve cost accuracy.

Contact SalesExplore Energy Projects