EQS-News: TERRAOIL SWISS AG: Terraoil implements Enterprise Resource Planning System to transform business operations Terraoil implements Enterprise Resource Planning System to transform business operations 04.03.2021 / 18:30 Terraoil implements Enterprise Resource Planning System to transform business operations Zug, Switzerland, Mar. 4, 2021 - Terraoil Swiss, an international oil exploration and production company today announced it has implemented an industry-leading Enterprise Resource Planning System to transform the Company's business operations, allowing it to achieve operational excellence and meeting local and international industry standards. The new ERP technology involves the utilization of a cloud-based computer platform that offers substantial business advantages including high level tracking capabilities, improvement of automated data and financial information providing the Company with the flexibility to concentrate on core operations. The insights into financial data will not only promote cost efficiency and improve the financial productivity but also assist the Company to meet accounting standards such as IFRS.