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OpenInvoice Essentials

OpenInvoice Essentials brings enterprise-level accounts payable software capabilities to small and medium-sized businesses. Get rid of paper invoices and spreadsheets, save time and money and scale your business with digital payables automation.

 

About OpenInvoice Essentials

OpenInvoice Essentials is an accounts payable solution for small- and medium-sized oil & gas companies to transition from paper to electronic invoice processing, making the accounts payable process more efficient.

OpenInvoice Essentials is an accounts payable solution for small and medium-sized oil & gas companies

Benefits

Accelerate Invoice Processing

Accelerate Invoice Processing

Automation reduces workload, enables faster payment and allows early pay discounts.

Save Time, Grow Faster

Save Time, Grow Faster

Better spend visibility keeps costs in line by detecting rogue spend and pricing exceptions, and provides early insight into budget problems.

Increase Supplier Collaboration

Increase Supplier Collaboration

Connect to the largest oil & gas vendor network for real-time collaboration and quick reconciliation.

Focus On Critical Work

Focus On Critical Work

A streamlined, automated process saves time by reducing manual processes, so you can focus on critical business tasks.

On-Demand Webinar: OpenInvoice Essentials

Learn about OpenInvoice Essentials – an AP solution made specifically for small and medium-sized oil & gas companies. Learn how getting rid of paper leads to time savings, faster invoice processing times, better supplier collaboration, and reporting capabilities.

Key features

Save Time, Grow Faster

Accounts payable process automation eliminates paper and streamlines processes, so your staff can focus on strategic work and scale the business without additional headcount.

Accounts payable process automation

faster invoice processing times

Easy supplier collaboration, internal controls, mobile approval capability, dispute resolution workflow and AFE/Cost Center coding validation enables faster processing and payment.

Faster invoice processing times

accelerate supplier adoption

Unlike other accounts payable software, OpenInvoice Essentials is made for the oil & gas industry, connecting your company to the largest oil & gas network, so you can start transacting immediately. 

OpenInvoice Essentials is made for the oil & gas industry

access robust reports

Gain access to information with detailed reports to make data-driven decisions.

Detailed reports to make data-driven decisions

“We are able to process 8,000-14,000 invoices per month with a staff of two with OpenInvoice.”

Stephanie Brittain, Cost Accounting, TEP Barnett

Solution Overview: OpenInvoice Essentials

Download the solution overview to learn how OpenInvoice Essentials helps scale your business through increased process efficiency.

options to fit your business

Essentials

Enterprise

Ideal for operators, midstream, and OFS companies that process <10,000 invoices per year Ideal for operators, midstream, and OFS companies that process a high volume of invoices per year
Invoice Automation
  • Dispute resolution workflow
  • Mobile approval capability
  • AFE, cost center, and coding validation
  • Robust reporting
Payment and Discount Management
  • Dynamic discounting capabilities
  • Virtual Card Program
  • Electronic Payment
Add-on
Spend Management
  • ERP and contract management integration
  • Price book collaboration
  • Robust reporting
  • Analysis tools
Add-on
Field Ticket Management
  • Supplier and buyer portal
  • Mobile approval and dispute resolution
  • Reconciliation with price books, purchase orders, work orders, and invoices
  • Integration with morning reporting software
  • Automated rentals
Add-on
Add-on

 

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