Reduce Your AP Burden With "No-Touch" Invoice Technology
Invoicing and price validation are still a source of inefficiency for oil and gas operators, leading to long processing cycles, overbilling and supplier disputes. Meanwhile, accounts payable teams are under pressure to process more invoices with fewer staff. So what can accounting and finance teams do to achieve price-compliant invoicing while providing relief to AP teams?
Just ask Discovery Natural Resources, an oil and gas company operating more than 1,000 wells, producing more than six million barrels of oil equivalent annually. When their accounting team was suddenly faced with reduced staff and an invoice volume that had not decreased, Discovery contacted the Enverus Professional Services team for a streamlined, accelerated implementation of improvements to their AP workflows.
Download this case study today to see how Enverus helped Discovery:
Reduce manual invoice processes by 40% for an estimated time savings of 30-50 hours per week
Maintain OpenContract PriceBook compliance at 90% for an estimated time savings of 12 hours per month
Train vendors on OpenContract PriceBook collaboration, reducing the amount of time spent maintaining price books and saving eight hours per month
Identify new vendors to onboard to OpenContract PriceBook and facilitate price book implementation