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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:
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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