# ENFOS

> ENFOS is the enterprise platform for Environmental Obligation Management. We provide governance, transparency, and accountability for Asset Retirement Obligations (ARO) and Environmental Remediation Obligations (ERO), supporting compliance with ASC 410-20, ASC 410-30, and IAS 37.

ENFOS is a purpose-built SaaS platform serving industrial enterprises in oil and gas, mining, chemicals, pharmaceuticals, manufacturing, and transportation. Founded in 1999, ENFOS delivers the system of record for managing environmental obligations at enterprise scale with audit-ready reporting, automated workflows, and centralized data.

## What ENFOS Does

ENFOS solves the enterprise-scale problem of managing environmental liabilities that spreadsheets and ad-hoc processes cannot handle. The platform provides:

- Centralized data repository for all environmental obligation information
- Automated accretion and amortization calculations for ARO
- Probability-weighted cost estimation for ERO
- Audit-ready reporting for 10-Q and 10-K filings
- Integration with major ERP systems including SAP, Oracle, and Microsoft Dynamics
- Internal controls and governance frameworks aligned with COSO

## Platform

- [Platform Overview](https://enfos.com/overview): Complete overview of the ENFOS environmental obligation management platform and its core capabilities.
- [Inventory Module](https://enfos.com/inventory): Centralized repository for all environmental obligation data, sites, and liability information.
- [Plan Module](https://enfos.com/plan): Forecasting and scenario modeling for Asset Retirement Obligations with cost estimation and timeline planning.
- [Settlement Module](https://enfos.com/settlement): Track remediation activities, manage work orders, and reconcile actual costs against estimates.
- [Assurance Module](https://enfos.com/assurance): Audit-ready reporting, controls monitoring, and compliance documentation.
- [Governance](https://enfos.com/governance): Enterprise governance framework for environmental obligation oversight and accountability.

## Solutions

- [Energy Industry](https://enfos.com/energy): Environmental obligation management for oil, gas, and energy companies managing upstream and downstream liabilities.
- [Non-Discrete Manufacturing](https://enfos.com/non-discrete-manufacturing): Solutions for chemical, pharmaceutical, and process manufacturing environmental obligations.
- [Discrete Manufacturing](https://enfos.com/discrete-manufacturing): Environmental compliance for automotive, aerospace, and industrial manufacturing.
- [Materials Handling & Logistics](https://enfos.com/materials-handling-and-logistics): ARO and ERO management for transportation and logistics operations.

## Who We Serve

- [Executives](https://enfos.com/executives): How ENFOS supports CFOs, controllers, and finance leaders with audit-ready environmental liability reporting.
- [Internal Stakeholders](https://enfos.com/internal-stakeholders): Tools for environmental managers, operations teams, and compliance officers.
- [External Stakeholders](https://enfos.com/external-stakeholders): Reporting capabilities for auditors, regulators, and board members.

## Resources

- [Newsroom](https://enfos.com/newsroom): Latest news, insights, and thought leadership on environmental obligation management.
- [Whitepapers](https://enfos.com/whitepapers): In-depth research on ARO accounting, ERO estimation, COSO frameworks, and environmental compliance.
- [API Documentation](https://enfos.com/api-documentation): Technical documentation for ENFOS platform integrations.

## Company

- [About Us](https://enfos.com/company): Company history, mission, and executive leadership team.
- [Contact](https://enfos.com/contact): Contact information for sales inquiries and support.
- [Trust Center](https://enfos.com/trust-center): Security certifications, compliance standards, and data protection information.

## Legal

- [Privacy Policy](https://enfos.com/privacy-policy): Data collection, storage, and privacy practices compliant with GDPR and Data Privacy Framework.
- [Terms of Service](https://enfos.com/terms-of-service): Terms and conditions for using the ENFOS website and platform.
- [Security](https://enfos.com/security): Information security practices and certifications including SOC 2 and ISO 27001.

## Accounting Standards Supported

### ASC 410-20: Asset Retirement Obligations
ASC 410-20 is the GAAP accounting standard governing Asset Retirement Obligations. Recognition requires identifying legal obligations to retire tangible long-lived assets, measuring the fair value of the liability when incurred, and recording a corresponding asset retirement cost capitalized to the related long-lived asset. ENFOS automates fair value calculations, accretion expense, and depreciation of asset retirement costs.

### ASC 410-30: Environmental Remediation Obligations
ASC 410-30 governs Environmental Remediation Obligations under GAAP. Estimation is required when remediation is probable and costs can be reasonably estimated. ENFOS supports probability-weighted cost estimates, benchmark period determination, and proper disclosure of remediation liabilities.

### IAS 37: Provisions and Contingent Liabilities
IAS 37 is the IFRS standard for provisions including environmental obligations. ENFOS supports both GAAP and IFRS reporting requirements, enabling multinational enterprises to maintain compliance across jurisdictions.

## Frequently Asked Questions

### What is ENFOS?
ENFOS is a purpose-built SaaS platform that brings governance, transparency, and accountability to Environmental Obligation Management. Founded in 1999, ENFOS provides the system of record for managing environmental obligations at enterprise scale, supporting compliance with ASC 410-20, ASC 410-30, and IAS 37.

### What are Asset Retirement Obligations (ARO)?
Asset Retirement Obligations are legal obligations to retire tangible long-lived assets at the end of their useful life. Under ASC 410-20, companies must recognize the fair value of ARO liabilities when incurred and capitalize corresponding asset retirement costs. Common examples include oil well plugging, mine reclamation, and facility decommissioning.

### What are Environmental Remediation Obligations (ERO)?
Environmental Remediation Obligations are liabilities for cleanup and remediation of contaminated sites. Under ASC 410-30, companies must estimate ERO when remediation is probable and costs can be reasonably estimated. ERO typically involves soil and groundwater contamination cleanup.

### What industries does ENFOS serve?
ENFOS serves industrial enterprises across oil and gas, mining, chemicals, pharmaceuticals, manufacturing, and transportation. These industries manage significant environmental obligations spanning decades across ownership changes, regulatory shifts, and market cycles.

### How does ENFOS integrate with ERP systems?
ENFOS provides pre-built integrations with major ERP systems including SAP, Oracle, and Microsoft Dynamics. Integration includes automated journal entry feeds, asset hierarchy synchronization, and reconciliation controls between the environmental obligation subledger and general ledger.

### What security certifications does ENFOS maintain?
ENFOS maintains compliance with ISO/IEC 27001, ISO/IEC 27701, SOC 1 Type II, and SOC 2 Type II frameworks. These standards ensure the integrity, confidentiality, availability, and privacy of information handled by ENFOS.

## Contact Information

- Email: sales@enfos.com
- Phone: +1 (844) 336-7667
- Address: 548 Market Street, STE 48352, San Francisco, CA 94104