Phone: (800) 294-0387

My BP Oil Claim

Why do the top Law Firms, CPA Firms, and Claims Preparation Firms choose ITSG's cloud-based OilClaim Calculator Software for processing their BP Claims instead of spreadsheets?

WARNING: If you prepare BP Claims, then you should be aware of the compelling reasons below regarding why you should upgrade from the desktop-based spreadsheet approach that was made obsolete over a year ago upon release of our software. Prevention of fraud, regulatory compliance, data integrity, data security, business continuity are only the beginning of the list of benefits and advantages over desktop-based spreadsheets. See below for more details.

Advantages of Processing BP Claims in ITSG's Cloud-Based OilClaim Calculator Software

Very Low Vulnerability to Fraud with Built-in Financial Controls - All Formulas and Algorithms are Controlled by ITSG, Locked and Not Editable by Users and can Not be Overwritten by copying/pasting/linking numerical data

Fully Automated Decision Making for Maximum Compensation Every Time to Remove Human Error. Resulted in 7% Higher Total Compensation on Average via ITSG internal study of 1,000 BP Claims

SAS70 Compliant (Sorbanes Oxley [SOX] Compliant)

Cloud Computing, Ultra-Resilient Architecture with 24x7x365 Active Monitoring within a Network Operations and Threat Monitoring Center

Data Secured by Industry-Leading and Government-Grade ProtectPoint Hardware and Software Firewall

PCI Compliant

Not Obstructive to Regulatory Compliance

Client information is Backed up daily in two, encrypted and secure locations

Satisfactory for Business Continuity with a Single-Data Storage Location that is Backed Up Remotely with Encryption

Data Integrity is Intact

Fit for Agile Business Changes and Climate Changes, as well as Ready for Weather Related Events such as Hurricanes


Easy to Consolidate Data and Reporting

Scales Automatically and Ready for Growth

Ready for Collaboration with Access-Controlled User Login and Management built for Sole Practitioners and Large Corporate Users to enable planning, forecasting, budgeting, and reporting.

Disadvantages of Processing BP Claims in a Spreadsheet on a Desktop Computer

High Vulnerability to Fraud - Fraudulent manipulations in company spreadsheet files have already resulted in Billion-Dollar losses. The main underlying reason behind this spreadsheet vulnerability is the inherent lack of controls, which makes it so easy to alter either formulas, values, or dependencies without being detected

Susceptible to Trivial Human Error - Not reliable. User must choose Highest Total Compensation

Not SAS70 (Sorbanes Oxley [SOX] Compliant)

Not Monitored. Desktop Application


Low Security with Desktop-Based Consumer Grade Firewall and Virus Software

Not PCI Compliant

Obstructive to Regulatory Compliance such as Sorbanes-Oxley and Dodd-Frank

No Backup of Client Data. Not Secure.

Unsuited for Business Continuity since Spreadsheet Data is Not Stored in a Single Location and Resides on the Computers of Multiple Users

Spreadsheet Data Integrity is Not Intact. Cells and Formulas can be deleted at any time losing all data integrity

Not Fit for Agile Business Changes and Climate Changes. Mergers and Acquisitions, Management Buyouts, earthquakes, tsunamis, hurricanes, uprisings, climate change, new technologies, and so on are problematic

Hard to Create Reports, Consolidating Data is a Labor-Intensive Manual Process and Sharing Data is Challenging

Scales Poorly. Spreadsheets Not Optimized for Growth

Susceptible to Erroneous and Duplicate Data and Not Built for Collaboration Planning, forecasting, budgeting, and reporting are all collaborative activities

 

One-on-One Expert Claim Advice

Now FREE one-on-one expert claim advice to see if you qualify for a BP claim settlement.

Learn more

Leading Claim Support Team

Simplify a very complicated process with our leading Claim Support team for BP Claims.

Learn more

OilClaim Calculator

Use our OilClaim Calculator in the cloud. The fastest way to get your BP claim settlement check.

Learn more

100% Accurate Calculations

Unlimited calculations and unlimited causation available to maximize your BP claim settlement.

Learn more

 

ABC 3 Top Stories. WEAR ABC 3 :: Online Oil Spill Claim Calculator in the news The BP oil spill affected nearly every industry around the Gulf of Mexico. Even individuals and industries that are not directly associated with the maritime or petroleum industries have seen a drop in revenue due to the ripple effect from declines in fishing, oil and gas production, and tourism.  If you you're an individual who suffered as a result or your business saw a drop in revenue due to the oil spill then we are here to help with your BP oil spill claim. You worked hard to build up your company; shouldn't you have someone who will work hard for you to get back what you lost? IT Strategies Group's battle-tested OilClaim Calculator™  cloud based software is secure and significantly reduces the time that it takes for you to properly submit your claim and get your settlement now! Learn More »

As of June 4, 2012, the U.S. Courts have decided that it's time to get you paid. The Economic & Property Damages Settlement resolves certain economic loss and property damage claims related to the 2010 Deepwater Horizon oil spill. If your claim is validated and you are included in this Settlement, you could receive money if you were harmed by the oil spill in one or more of the following categories:

 

The Latest Deepwater Horizon News:

September 24th, 2014 - Judge orders BP to stick by Deepwater Horizon payouts agreement - The Guardian

The Guardian

Judge orders BP to stick by Deepwater Horizon payouts agreement
The Guardian
BP is still facing a financial nightmare from the nation's worst oil disaster, which began with an explosion that tore open the oil company's Macondo well on the floor of the Gulf of Mexico, destroying the Deepwater Horizon drilling rig and killing 11 ...
BP Found Grossly Negligent for Deepwater Horizon Spill: Ultimate Liability for ...JD Supra (press release)
BP tries to contain its costs for 2010 Deepwater Horizon disaster, now ...Daily Journal
Judge Denies BP's Request to Recoup Overpayments to Oil Spill VictimsNew York Times

all 420 news articles »
 
September 6th, 2014 - BP Is Found Grossly Negligent in Deepwater Horizon Disaster - Wall Street Journal

Wall Street Journal

BP Is Found Grossly Negligent in Deepwater Horizon Disaster
Wall Street Journal
His decision is among the biggest legal setbacks for BP in four years of litigation over the Deepwater Horizon explosion, which killed 11 crew members and left oil leaking into the Gulf for months, killing wildlife and fouling beaches. Though the ...
BP's reckless conduct caused Deepwater Horizon oil spill, judge rulesThe Guardian
BP blasts Deepwater Horizon coverage hours before company found grossly ...AL.com
BP Found 'Grossly Negligent' in Deepwater Horizon SpillThe Weather Channel
The Verge -MarketWatch
all 1,270 news articles »
 
September 2nd, 2014 - Halliburton to Settle Deepwater Horizon Claims for $1.1 Billion - Wall Street Journal

Wall Street Journal

Halliburton to Settle Deepwater Horizon Claims for $1.1 Billion
Wall Street Journal
Houston-based Halliburton performed the oil-well cementing on the Deepwater Horizon rig, which was owned by Transocean and operated by BP. Regulators and government investigative panels have found that deficient cementing was a direct cause of the ...
Halliburton reaches $1.1bn settlement over Deepwater Horizon oil spillThe Guardian
moneyUSA TODAY
Halliburton agrees to pay $1.1 billion in Deepwater Horizon spillLos Angeles Times
24/7 Wall St. -The Verge -The Huntsville Times - al.com
all 400 news articles »
 
September 12th, 2014 - BP Deepwater Horizon spill brought 22k tons of oil to Gulf Coast, NJIT study finds - The Star-Ledger

Newsweek

BP Deepwater Horizon spill brought 22k tons of oil to Gulf Coast, NJIT study finds
The Star-Ledger
NEWARK — A team of researchers from the New Jersey Institute of Technology say in a new study that the 2010 BP Deepwater Horizon spill left 22,000 tons of oil on the shores of the Gulf Coast. The study, published in the August issue of the journal ...
UK Wants U.S. Supreme Court To Limit BP Liability For Deepwater HorizonOilPrice.com
Gulf anglers could be entitled to $585 million after the Deepwater Horizon oil ...University of Florida
BP lost 55% shareholder value after the Deepwater Horizon incidentMarket Realist
Lexology (registration)
all 70 news articles »
 
September 18th, 2014 - Former Deepwater Horizon claims administrator asks Supreme Court to review ... - The Louisiana Record

The Louisiana Record

Former Deepwater Horizon claims administrator asks Supreme Court to review ...
The Louisiana Record
NEW ORLEANS – The former Deepwater Horizon claims chief has filed a brief asking the nation's highest court to weigh in on the question of whether oil spill claimants should be required to show proof of damage from the Gulf oil spill before collecting ...
Opinion: Deepwater debt — why BP should have to pay for the Deepwater ...CU Independent
Fifth Circuit allows federal safety board review Transocean's role in ...Southeast Texas Record
CSB Will Investigate Transocean Deepwater Drilling Corporation's Role In SpillChem.Info
Courthouse News Service
all 69 news articles »
 
September 4th, 2014 - Deepwater Horizon: gross – more than £9bn hangs on that one short word - The Guardian (blog)

The Guardian (blog)

Deepwater Horizon: gross – more than £9bn hangs on that one short word
The Guardian (blog)
One of these decades, the size of BP's final bill for the Deepwater Horizon disaster of 2010 may become clear. In the meantime, weary shareholders – who include almost everyone in the UK saving for retirement via a company pension – will reflect that ...

 
September 30th, 2014 - It's not too late to recoup losses from BP oil spill - The News-Press

The News-Press

It's not too late to recoup losses from BP oil spill
The News-Press
PENSACOLA, FL - JUNE 07: A great blue heron stands on oil containment booms that are being used to protect the beach area from the Deepwater Horizon oil spill in the Gulf of Mexico on June 7, 2010 in Pensacola, Florida. Early reports indicate that BP's ...
Anadarko Seeks Deepwater Absolution From Full 5th Circ.Law360 (subscription)
Anadarko pushes to avoid spill-related finesHouston Chronicle
Anadarko wants rehearing on oil spill finesFuelFix (blog)
Pacific Legal Foundation (PLF) (press release) (blog) -OilVoice -Bayoubuzz
all 9 news articles »
 
September 23rd, 2014 - An Xbox Approach to Preventing the Next Deepwater Horizon - Bloomberg

Bloomberg

An Xbox Approach to Preventing the Next Deepwater Horizon
Bloomberg
An explosion rattles the North Sea oil rig and a klaxon pounds my ear drums. A colleague is prone on the ground just a few yards from the flaming gas blowout. I struggle to switch off the valve that will cut off the leak. Panic sets in. Luckily my ...

and more »
 
September 12th, 2014 - Deepwater Horizon ruling puts focus on prevention - TradeWinds

Deepwater Horizon ruling puts focus on prevention
TradeWinds
A US judge's decision to slap BP with a finding of gross negligence in the Deepwater Horizon oil spill case could have a ripple effect on shipowners, maritime lawyers say. Last week's decision by District Judge Carl Barbier exposes the UK-headquartered ...
BP, Anadarko Shouldn't Get Deepwater Rehearing, DOJ SaysLaw360 (subscription)

all 4 news articles »
 
September 17th, 2014 - BP Busted For Cheating Tactics in Deepwater Horizon Case - Ring of Fire

Ring of Fire

BP Busted For Cheating Tactics in Deepwater Horizon Case
Ring of Fire
BP, the company recently found grossly negligent by U.S. District Court Judge Barbier, has been busted for using grade-school tactics in its ongoing legal defense as it tries to avoid paying for one of the worst oil disasters in U.S. history. According ...
BP lawyers scolded for using 'college term paper' line spacing tricksChristian Science Monitor
BP Says $18B Deepwater Trial Shouldn't Be Cut ShortLaw360 (subscription)
BP Lawyers Use Old-School Trick; Judge Not AmusedKtoo
Los Angeles Times
all 39 news articles »