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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:

November 25th, 2014 - Here's Where All The Oil From The Deepwater Horizon Spill We... - Business Insider

Business Insider

Here's Where All The Oil From The Deepwater Horizon Spill We...
Business Insider
Two days after the April 20, 2010 explosion that killed 11 and injured 16, the Deepwater Horizon oil rig sank. During the five months it took to seal the Macondo well 1,500 meters below the surface, nearly 5 million barrels of oil gushed into the ocean.

 
November 26th, 2014 - Deepwater Horizon damages paid with almost no error, audit shows - FuelFix (blog)

FuelFix (blog)

Deepwater Horizon damages paid with almost no error, audit shows
FuelFix (blog)
In April 2010, a blowout at BP's Macondo well in the Gulf sent oil and gas up to the Deepwater Horizon rig, where an explosion killed 11 workers. Millions of barrels of oil spilled into the ocean. The release of the audit, which BP demanded last month ...
Audit: Vast majority of BP oil spill claims payments are correctNOLA.com
Audit clashes with BP's claims of rampant fraudHouston Chronicle
Most BP oil spill claims handled correctly, McGladrey saysCrain's Chicago Business
KOB.com -Bloomberg
all 80 news articles »
 
November 25th, 2014 - Marsh restoration projects up for Deepwater Horizon funding - The Port Arthur News

Marsh restoration projects up for Deepwater Horizon funding
The Port Arthur News
The projects are among 50 competing for a share in up to $180 million in funding made available from the TransOcean Settlement, part of an overall $800 million placed in the RESTORE Act trust account after the 2010 Deepwater Horizon rig explosion.

 
November 24th, 2014 - Scientist Gets More Support to Study Deepwater Horizon Spill Impact on Coast - Tennessee Today

Tennessee Today

Scientist Gets More Support to Study Deepwater Horizon Spill Impact on Coast
Tennessee Today
Since the Deepwater Horizon drilling rig exploded in 2010, Annette Engel has been traveling the coastline by boat and foot, taking samples to study how the oil has changed the coastal ecosystems. The associate professor in earth and planetary sciences, ...

and more »
 
November 21st, 2014 - Oil Boom Returns to Gulf After Deepwater Horizon Disaster - Wall Street Journal

Wall Street Journal

Oil Boom Returns to Gulf After Deepwater Horizon Disaster
Wall Street Journal
ABOARD THE OLYMPUS PLATFORM, Gulf of Mexico—Four years after the Deepwater Horizon disaster, giant new oil projects are returning to the Gulf—bigger and more expensive than ever. This platform, owned by Royal Dutch Shell PLC, is a floating hive ...
After Gulf oil spill, filmmaker returns to see what happened when the cameras ...PBS NewsHour
Long-term Study May Reveal Deepwater Horizon ImpactsMarineLink

all 26 news articles »
 
October 29th, 2014 - These Guys Were on the Deepwater Horizon When It Blew Up - Mother Jones

Mother Jones

These Guys Were on the Deepwater Horizon When It Blew Up
Mother Jones
After the Deepwater Horizon oil drilling platform exploded in June 2010, killing 11 workers and sending roughly five million barrels of oil gushing into the Gulf of Mexico, much of the media coverage featured sludge-covered seabirds, empty shrimp ...
Where Did All The Oil From The Deepwater Horizon Spill Go?Science 2.0
New Partnership to Help Restore Gulf Coast After Deepwater Horizon Oil SpillEP Magazine
Deepwater Horizon Oil Rained Down To The Sea FloorRedOrbit
environmentalresearchweb -Sail World -U.S. News & World Report
all 359 news articles »
 
November 11th, 2014 - What Happened to the Victims of the Deepwater Horizon Oil Spill? - Slate Magazine

Slate Magazine

What Happened to the Victims of the Deepwater Horizon Oil Spill?
Slate Magazine
Motivated by greed and speed, BP disregarded safety measures that could have prevented the 2010 explosion of the Deepwater Horizon offshore oil drilling rig. The rig exploded, killing 11 men and sending oil gushing into the Gulf of Mexico—hundreds of ...
Deepwater Horizon Oil Spill Restoration Projects ApprovedSan Antonio Current (blog)
USF looks into aftermath of Deepwater HorizonThe Oracle
Foreign majors eye rich returns from deepwater drilling in Gulf of MexicoFinancial Times

all 22 news articles »
 
October 31st, 2014 - Seabird losses from Deepwater Horizon oil spill estimated at hundreds of ... - Science Now

The Guardian

Seabird losses from Deepwater Horizon oil spill estimated at hundreds of ...
Science Now
The 2010 Deepwater Horizon oil spill is often cited as the worst environmental disaster in U.S. history—yet its impacts on the marine life of the Gulf of Mexico have gone largely undetermined. Now, new findings published this month in Marine Ecology ...
The Great Invisible review: an eloquent return to Deepwater HorizonThe Guardian
The Battle to Control the Story—and Science—of the DeepWater Horizon ...Yahoo News
Public comments sought on RESTORE Act draft NOAA science planNOAA
NPR -amNY
all 51 news articles »
 
November 2nd, 2014 - Deepwater Horizon: Life Drowning in Oil - Daily Beast

Daily Beast

Deepwater Horizon: Life Drowning in Oil
Daily Beast
On April 20, 2010, the Deepwater Horizon oil rig bursted into flames in the Gulf of Mexico, claiming eleven lives and causing the biggest petroleum spill in this country's history. In the following three months, while the sea-floor oil gusher oozed out ...
Gallons of Deepwater Horizon oil remains on the sea floorDigitalJournal.com
2 Million Barrels of Oil From Deepwater Are Still MissingThe Epoch Times
Margaret BrownUnder the Radar Mag

all 8 news articles »
 
November 6th, 2014 - Deepwater Horizon documentary 'The Great Invisible' set for Gulf Coast ... - AL.com

Deepwater Horizon documentary 'The Great Invisible' set for Gulf Coast ...
AL.com
MOBILE, Alabama -- Four and a half years after the Deepwater Horizon blowout threatened to blight the Gulf Coast, director Margaret Brown's documentary on the disaster and its aftermath is slated for a Gulf Coast premiere at the Mobile Saenger Theatre.
'The Great Invisible' movie review: Examining the disastrous aftermath of the ...Washington Post

all 4 news articles »