Control of Spending in Oil Fields
Invoice approval process reduced to 4 days
Case Studies
Business Issue
Oil and gas exploration and production company needed to gain control of spending in the oil fields for better management and analysis.
Approach Used
Selected and implemented invoice approval and workflow system that integrated several legacy ERP systems accessible via various remote applications such as telephones, remote laptops and public computers.
Results
Reduced invoice approval process from three weeks to four days, and improved accuracy of purchasing to allow for better future negotiations and eliminated purchasing related SOX audit items.