OpenMaterials is a fully digitalized solution for materials management that focuses on making your inventory highly visible and trackable at every stage of the process, from order placement through receipt at warehouses or well sites to material transfers. Designed for oil and gas, OpenMaterials gives you visibility into available inventory and in-use items, and where everything is located. Easily place orders and receive items when they’re needed, minimizing downtime, all while the transfer is properly logged into your accounting system.
Get near real-time visibility into available inventory and in-use items to reduce waste.
Streamline and automate the financial accounting process of material transfers of capital assets.
Boost efficiency with an integrated digital solution for materials handling—orders, receipts, transfers, inventory and pricing.
See inventory and inventory histories across all storage and operational locations.
Digitally connect warehouses, yards and pieces of serialized equipment to the solution with built-in QR code and out-of-the-box support for Zebra label generation for Zebra printing.
View turnover performance of in-demand inventory.
Easily view and report on material availability and historical use by location, item and date.
Get “from” and “to” value visibility, by serial number or weighted-average cost.
Get what you need, when you need it. Make transfer requests, process goods receipts, query inventory levels and locations, and perform cycle counts from your mobile device.
Leverage a robust, highly configurable transfer workflow that automates much of the financial accounting of material movement. It can be as simple or as segregated as your controls policies require, from one-, two- or three-step approvals of transfers.
Don’t reinvent the wheel. Leverages the existing accounting setup used for OpenTicket® and OpenInvoice®.
Report on the history of transfers by location, by item type or serial number. Track the history of a pump unit from purchase to write-off. Use configurable bulk export features or our APIs to integrate loading completed transfer information into your accounting system.
Integration with OpenContract PriceBook, OpenOrder, OpenTicket and OpenInvoice unlocks large efficiencies from reduced data entry and automated reconciliation.
Ensure that all items, whether they’re located in the field or in the warehouse, are connected to your item master and provide detailed information about their location, condition and value. Functionality includes asset write-downs and write-offs.
Mobile app makes accepting goods receipts and placing transfer requests easy for field personnel.
Keep critical items at minimum stock levels and make reordering of them easy.
Well sites don’t have a record of materials in use there? No sweat! Add items on-the-fly as part of a transfer back to a yard or warehouse…or even another well site.
Picture having a fit-for-industry solution that increases capital efficiency by shining a light on available inventory and in-use items, automating back-office accounting processes for material transfers, and providing you with digital tools for ordering, receiving, pricing, tracking and transferring inventory. OpenMaterials moves you toward this vision with a cloud-based solution that ensures the necessary materials are always on-hand for field crews and the appropriate financial accounting is made easy, accurate and timely across all your operations.
With OpenMaterials, you achieve holistic material management in one platform without the need for multiple systems for handling procurement and materials workflows separately. Create and issue orders, receive goods, track inventory conditions and locations, and process transfers digitally with robust and highly configurable workflows.
Suited to Businesses That…
OpenMaterials was designed specifically for the unique needs of oil and gas producers. With a simple, intuitive user interface including configurable workflows, and robust reporting you get seamless end-to-end materials management that covers ordering, pricing, purchasing, receiving, invoicing and transferring.
Enverus OpenMaterials integrates with the Enverus business automation suite of products, giving you a seamless, end-to-end source-to-pay cycle. Managing your source-to-pay process on one platform provides a unified view of spend data for analysis across your entire organization and allows for maximum automation, making your operations much more efficient.
With 40k+ active suppliers currently using our business automation products realize the immediate value of digital orders and materials management with minimal supplier onboarding and seamless collaboration.
Save time with automated price validation workflows and optimize spend with price compliance reporting and spend analytics.
Read More About OpenContract PriceBook.
Accelerate invoice approvals and payment with cloud-based digital field ticket management.
Read More About OpenTicket®.
Digitize and automate invoice processing and approvals with oil and gas enterprise accounts payable software.
Read More About OpenInvoice®.
Save time and reduce costs with a single streamlined solution to handle joint venture and AP invoice approvals in one system.
Read More About JIBFlow.
Maximize the ROI of your OpenInvoice solutions with our team of technology and industry experts.
Read More About Professional Services.
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