Time is of the essence in the Oil & Gas industry, and electronic processing of incoming invoices and other documents is key to reduce some of the time-consuming tasks.
Eye-share Invoice is well-fitted for the Oil & Gas industry for several reasons:
- OCR scanning of paper invoices and importing of pdf and electronic invoices enables a paperless account payable process and automated workflow based on interpreted data – which provides automation, easy access from any location, a clean desk and an environmental
- Access documents from any location
- Approve on the move with smartphones and tablets
- Able to handle big investments and many locations (rigs, offices)
- Easier and faster processing and on time payments to suppliers saves time and money
- Automated straight through processing based on automated 3-way matching of PO related invoices
- Automated distribution according to company matrix
- Reduce total processing time significantly – from receipt to final approval
- Reduces manual work in all stages of invoice processing
- Automated follow-up through reminders and emails
- User roles is adjusted to meet requirements in SOX and Euro-SOX
Eye-share Invoice for the Oil & Gas industry provides integration with accounting and procurement systems and is made with multi company and multi-currency environments in mind.
A complete overview of status and location of all incoming invoices is immediately available, and automated, paperless processing provides less clutter and more time spent working on industry related tasks.