Oil & Gas (ENERGY)

Businesses within the energy industry have detailed need for documentation and often strict requirements on using purchase orders to ensure exactly this.

Procurement values are typically high, and deliveries can be complex.

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Issues we often hear from businesses within the energy sector are:

challenges

Long lead times makes cost control difficult

Hard to keep track of project cash flow

No one-source of insight and control (cost control, goods receipts, invoices, cash flow)

Need to use multiple data sources to keep track of relevant project information

This is no longer a reality for our clients within the energy sector, operating worldwide.

They highlight the following main values by using CostTracker

Real time cost control made easy

Improved their cash flow forecasting with less time spent on it

They now have one source for data and project information

A solid and efficient procurement process – from project planning to invoice processing

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