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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.

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Leading Claim Support Team

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

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OilClaim Calculator

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

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100% Accurate Calculations

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

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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:

July 29th, 2014 - Footprint of Deepwater Horizon Spill Is Bigger Than We Thought - Newsweek

Newsweek

Footprint of Deepwater Horizon Spill Is Bigger Than We Thought
Newsweek
Two colonies of coral, with attached anemones and brittle stars, were newly discovered six kilometers from the Deepwater Horizon oil spill site. The patchy brown growth on the normally gold-colored coral is not found on healthy colonies and is ...
Deepwater Horizon Spill Lives On: Scientists Find Extensive Damage to CoralTakePart
Toxic pollutants persist in Gulf of Mexico after BP's Deepwater Horizon oil spillBlue & Green Tomorrow
Deepwater Horizon damage footprint larger than thoughtScience News (blog)
Pensacola News Journal -Louisiana Sportsman -Newsworks.org
all 93 news articles »
 
July 29th, 2014 - BP Oil Spill: 2010 Deepwater Horizon Catastrophe Is Much Worse Than Thought - International Business Times

International Business Times

BP Oil Spill: 2010 Deepwater Horizon Catastrophe Is Much Worse Than Thought
International Business Times
A newly discovered coral community affected by the 2010 Gulf Coast oil spill from an area 4 miles from the Deepwater Horizon site. The patchy brown growth on the normally gold-colored coral is not found on healthy colonies and is diagnostic for corals ...

 
July 29th, 2014 - Environment: More signs of coral damage from BP's 2010 Deepwater Horizon oil ... - Summit County Citizens Voice

Environment: More signs of coral damage from BP's 2010 Deepwater Horizon oil ...
Summit County Citizens Voice
FRISCO — Oil from the 2010 Deepwater Horizon oil disaster soiled seafloor corals more than 12 miles from the spill site, Penn State University researchers said after doing a detailed survey of the area. “The footprint of the impact of the spill on ...

 
July 29th, 2014 - Deepwater Horizon Oil Spill Still Impacting Gulf Corals - Nature World News

Nature World News

Deepwater Horizon Oil Spill Still Impacting Gulf Corals
Nature World News
The Deepwater Horizon oil spill of 2010 is still impacting corals in the Gulf of Mexico, proving that the effects of this calamity are deeper and broader than predicted, according to a new study. "This study very clearly shows that multiple coral ...

 
July 29th, 2014 - Deepwater Horizon Claim Center Opens in Metairie - WGNO

WGNO

Deepwater Horizon Claim Center Opens in Metairie
WGNO
METAIRIE, La. — Deepwater Horizon Claims Administrator Patrick A. Juneau announced the opening of a Claimant Assistance Center in Metairie. “As we continue to process claims across the five state region, we are constantly looking at ways to better ...
Juneau defends negative statements made about BP's CEOSoutheast Texas Record
Oil spill claims administrator opens Metairie assistance centerThe Times-Picayune

all 4 news articles »
 
July 29th, 2014 - Impact of Deepwater Horizon oil spill found on two additional coral communities - Penn State News

Impact of Deepwater Horizon oil spill found on two additional coral communities
Penn State News
A new discovery of two additional coral communities showing signs of damage from the Deepwater Horizon oil spill expands the impact footprint of the 2010 spill in the Gulf of Mexico. The discovery was made by a team led by Charles Fisher, professor of ...

 
July 30th, 2014 - Scientists Discover New Damage from Deepwater Horizon Oil Spill - Daily Fusion

Daily Fusion

Scientists Discover New Damage from Deepwater Horizon Oil Spill
Daily Fusion
A colony of coral from a newly discovered coral community with attached anemones and brittle stars from a site 6 km from the Deepwater Horizon oil spill site. The patchy brown growth on the normally gold-colored coral is not found on healthy colonies ...

 
July 29th, 2014 - A Fix for the Next BP Deepwater Horizon? - Roll Call (blog)

A Fix for the Next BP Deepwater Horizon?
Roll Call (blog)
The world watched in 2010 while engineers fumbled with a ruptured well, wondering why there was not any technology to stem the millions of barrels of oil spewing from at the Gulf of Mexico seafloor. The American Petroleum Institute has published new ...

and more »
 
July 11th, 2014 - JC Chandor To Helm 'Deepwater Horizon', Gulf Oil Rig Explosion Survival Tale - Deadline.com

Variety

JC Chandor To Helm 'Deepwater Horizon', Gulf Oil Rig Explosion Survival Tale
Deadline.com
Margin Call writer-director J.C. Chandor is in talks to next helm Deepwater Horizon, the big-scale drama being mobilized by Lionsgate, Summit Entertainment and Participant Media for a winter shoot. The drama focuses on the April 20, 2010 explosion of ...
'All is Lost' director JC Chandor to helm the drama 'Deepwater Horizon,' about ...The Times-Picayune
J.C. Chandor to Direct 'Deepwater Horizon' Movie/FILM
Deepwater Horizon Disaster Movie Draws 'All Is Lost' Director J.C. ChandorVariety
We Got This Covered -First Showing -Flickering Myth (blog)
all 21 news articles »
 
July 30th, 2014 - The Deepwater Horizon spill hit coral harder than previously thought - The Weather Network

The Deepwater Horizon spill hit coral harder than previously thought
The Weather Network
Wednesday, July 30, 2014, 9:00 - It's been more than four years since an explosion aboard the Deepwater Horizon oil platform killed 11 and unleashed the largest oil spill in history. Now, a new study from Penn State University says the impact of the ...