Business Automation
Create, track and compile your price books, agreements, pricing changes and terms & conditions on one platform made for decentralized oil and gas operations. Save time with automatic price validation and compliance. Optimize spend with pricing reporting and spend analytics. Boost supplier collaboration with built-in price negotiation and access to the largest oil and gas supplier network.
Adhere to price agreements, apply the latest prices, track pricing exceptions and realize terms with a single source of truth. Plus, match invoices, orders and field tickets against price books, terms and agreements.
Track complex pricing and spend with custom cross-functional reporting.
Operators and service providers can manage disputes and pricing changes directly in OpenInvoice®.
Ensuring both parties are using the latest agreed-upon pricing reduces errors and improves pricing compliance without the need for audits.
Evaluate agreements, identify common leaks like payment terms and block no-match invoices.
Want to make a more informed decision? Our solution overview explains how OpenContract PriceBook empowers upstream and midstream operators to manage price books, agreements and terms & conditions for better price compliance and spend control.
Coupled with OpenInvoice®, OpenTicket® and OpenOrder, OpenContract PriceBook validates and matches invoices, field tickets and orders against pricing for easy three- and four-way matching.
Mitigate supply chain disruption by gaining visibility into compliance with general ledger reporting. And with Spend Analytics, you and your team examine line items referencing price books and agreements for a more complete picture of your procurement spend.
Our Input Price Lock-in lets you set purchase price thresholds to limit the impact of volatile commodity prices.
Discover how our Professional Services team helped Discovery Natural Resources enjoy a streamlined, accelerated implementation of touchless invoicing technology, maintain 90% price compliance and auto-approve 400 invoices within the first month.
Revision Comparisons
Price Alert Rules
Procurement Auto-Coding
In-Line Spend Metrics
Approval Workflows
OpenOrder, a purchase order software made for oil and gas, increases spend visibility and controls without burdening operations, with flexibility to issue, approve and track procurement of services and materials with a purchase order.
Learn more about OpenOrder.
Digitize and automate invoice processing and approvals with oil and gas enterprise accounts payable software.
Read More About OpenInvoice®.
Accelerate invoice approvals and payment with cloud-based digital field ticket management.
Read More About OpenTicket®.
Gain complete inventory oversight. Track the quantity and value of inventory by location and accurately log material transfers in your accounting system.
Read More About OpenMaterials.
Maximize the ROI of your OpenInvoice solutions with our team of technology and industry experts.
Read More About Professional Consulting Services.
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