Tracts Software Pricing & Features

Tracts

Cloud-based title running solution for E&P land acquisition

5.0/5 (1 review)

Tracts overview

Tracts is a cloud-based title running software solution designed to support the establishment of ownership when attempting to acquire land assets. Targeting users within the oil and gas industry including exploration and production (E&P) companies, brokers, field landman and title attorneys, the product promises to assist the untangling of potentially complex legal document trails with automated capabilities. Featuring algorithms for automating the math necessary in recalculating interest, Tracts promises greater efficiency to increase the speed and accuracy of determining mineral ownership.

When a landman reviews documents and enters key information straight into an electronic note card, Tracts automatically adjusts plotted flowcharts, and recalculates the ownership interest appropriately, while also building run sheets and ownership reports in real time. The system provides real time analysis features with 24/7 centralized accessibility, up-to-the-minute reporting options and a graphical live flowchart viewer. Secured cloud-based data storage ensures that sensitive legal documentation isn't compromised, with multi-user collaboration possible to ensure all stakeholders remain on the same page.
www.tracts.co

Pricing

Pricing options
Subscription
Value for money

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Tracts screenshot: The centralized online software promises real time progress tracking with anytime accessibility and secured cloud-based storageIntroducing Tracts Title SoftwareTracts screenshot: Projects can be overseen in real time, standardizing processes surrounding the establishment of land ownershipTracts screenshot: New documents are entered into electronic note cards before Tracts automatically adjusts the flowchart and recalculates interest etcWenske v. Ealy: Calculating NPRI & LOR in Real-time with Tracts.co

Tracts reviews

Excellent
1

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Robert Anderson

Very helpful in organizing the immense data associated with Title Review

Used daily for less than 6 months
Reviewed 2018-01-17
Review Source: Capterra

Quicker turnaround on creating title opinionsHelps keep the data organized, eliminates busywork, and allows me to focus on title review. The software provides the ability to review information in numerous formats.

Read the full review


Tracts

Cloud-based title running solution for E&P land acquisition

Tracts pricing

Pricing options
Subscription

Pricing information and a demo can be requested via the Tracts website.

Pricing Comparison

How does Tracts compare with other Other Industries apps?

Subscription plan?

Tracts



100% of apps offer a
subscription plan

Free trial?

Tracts



84% of apps have a
free trial

Freemium plan?

Tracts



15% of apps have a
freemium plan

Pricing Comparison

Other Industries app prices shown are $/month

Please note: For comparison purposes the price for Tracts has been scaled monthly. Actual price is $/per year




Tracts reviews

There are currently no reviews of Tracts.

Tracts features

Drag & Drop Interface
Reporting & Statistics

API (91 other apps)
Accounting Integration (45 other apps)
Activity Dashboard (68 other apps)
Activity Tracking (44 other apps)
Automatic Notifications (66 other apps)
Automatic Reminders (60 other apps)
Billing & Invoicing (52 other apps)
Calendar Management (65 other apps)
Client Portal (47 other apps)
Customizable Reporting (50 other apps)
Data Import/Export (44 other apps)
Document Storage (43 other apps)
Electronic Payments (48 other apps)
Inventory Management (55 other apps)
Inventory Tracking (43 other apps)
Invoice Management (72 other apps)
Quote Management (47 other apps)
Third Party Integration (56 other apps)

Videos and tutorials

Additional information for Tracts

Key features of Tracts

  • Scheduling
  • Charting
  • Real time updates
  • Asset management
  • Reporting & statistics
  • Legal risk
  • Data entry verification
  • Flowcharts
  • Rules based algorithms
  • Opportunity management
  • Collaboration tools
  • Secure data storage
  • Graphical workflow editor
  • Progress tracking
  • Tracking features
  • Drag & drop interface

Benefits

Tracts is a centralized, cloud-based software solution designed to support the title running process conducted by E&P companies when acquiring land, claiming to deliver returns of 50% or more by utilizing algorithm-based automation and patent pending technology.

A proprietary math engine based on intelligent algorithms is able to calculate mineral and leasehold ownership.

System warnings identify errors and raise accuracy during input such as strangers, over-conveyance, etc.

Single entry allows documents to be input into an electronic note card at time of landman review, automatically building the flowchart and all reports, with a quick review mode rebuilds chains as reviews are conducted.

Tracts features an intuitive, interactive drag and drop flowchart viewer subject to real time updates.