Close the Sourcing Loop With an AI-Powered Sourcing Platform Built for Oil and Gas

Enverus RFx, formerly BidOut, is a complete sourcing solution specifically designed for oil and gas companies. Easily manage bids, connect with suppliers, improve compliance and get transparency into your bidding process. Empower your procurement with our easy-to-use platform and let AI-powered technology enhance your efficiency and preserve your bottom line.

Benefits of Enverus RFx

Enhanced Process Efficiency and Transparency

Optimize bid management with customizable templates for repetitive or category-specific bids. Save time creating new bids with AI-powered templates that learn from you.

Seamless Collaboration With Internal Teams and Suppliers

Ditch outdated communication methods like email and texts. Centralize vendor Q&A and chat within Enverus RFx, enable operations to collaborate directly with vendors and archive all bid-related information.

Cost Management via Competitive Bidding

Tap into a diverse network of energy-focused suppliers. Get the best value through a transparent and competitive bidding process that helps you negotiate smarter.

What’s Included With Enverus RFx?

Feature

Value

Streamlined bidding with custom templates and AI-powered efficiency
  • Speed up the bidding process for oilfield services, including repeat bids, using a range of templates.
  • Sort bids by type, due date and region. Define your own questions and data fields for more customizability and control.
  • AI learns from prior bids giving you more out of the box templates for future bidding.
Improve collaboration between supply chain and operations
  • Delegate responsibilities between supply chain and operations, while benefiting from the expertise of both.
  • Maintain transparency and integrity in your oilfield bidding process. Have supply chain manage price and leave technical requirements and Q&As to operations.
Improve your compliance
  • Leave “handshake deals” behind and move toward a transparent procurement workflow.
  • Get searchable audit trails on all bids to get the best value and visibility into spend.
Access an existing supplier network
  • Get access to our energy-specific network of vetted suppliers across different basins and service expertise areas.
  • Find the ideal match for your projects with detailed search and filter options. 
Leverage competitive bidding
  • Ensure you’re getting the best value with a transparent competitive bidding process.
  • Compare bids side-by-side to get the best pricing and overall value.
  • Renegotiate contracts and bids with existing vendors based on market indicators for lower prices and discover new suppliers.
Consolidate your suppliers
  • Use Enverus RFx to get a transparent view of vendors, rates and service specialties to make data-informed decisions.
  • Move past fixed vendor lists, discover new vendors that offer better value and service expertise.

Oilfield Bidding Software Built for Oil and Gas

Enverus RFx gives you a competitive edge by closing the technology gap with a complete sourcing solution specifically designed for E&P companies. It simplifies the creation and management of RFxs and bids, enables bid awards based on industry metrics and ensures seamless communication, all while providing a detailed audit trail for full spend transparency. This, combined with a user-friendly dashboard that can be set up in hours, makes Enverus RFx an essential tool for businesses looking to close the technology gap.

Enverus News Release - Enverus launches Learning & Development program to empower energy data professionals

Why Enverus RFx?

User-Friendly Design for All Teams

Enverus RFx simplifies bidding with a user-friendly interface. Create bids in 60 seconds, compare suppliers, communicate and award bids seamlessly.

Sourcing Software Built for Oil and Gas

Enverus RFx, designed for oil and gas, requires minimal training. Quickly create RFxs, empower field crews and award bids using industry-specific metrics.

Improve Collaboration Between Supply Chain and Operations

Transition from informal “handshake deals” to a transparent procurement workflow that focuses on your company’s best interests. Gain searchable audit trails for all bids to secure the best value and spending visibility, ensuring compliance with terms and conditions.

Ready to Get Started?

Related Solutions

Save time with automated price validation workflows and optimize spend with price compliance reporting and spend analytics.

Read More

OpenOrder, a purchase order software made for oil and gas, increases spend visibility and controls without burdening operations, with flexibility to issue, approve and track procurement of services and materials with a purchase order.

Read More

Gain complete inventory oversight. Track the quantity and value of inventory by location and accurately log material transfers in your accounting system.

Read More

Accelerate invoice approvals and payment with cloud-based digital field ticket management.

Read More

Digitize and automate invoice processing and approvals with oil and gas enterprise accounts payable software.

Read More

Save time and reduce costs with a single streamlined solution to handle joint venture and AP invoice approvals in one system.

Read More

Outsource mineral phone and print and mail, so your land and accounting teams can focus on critical work.

Read More

EnergyLink software provides secure and convenient online access to oil and gas owner statements and account information — available 24/7.

Read More

Enverus consulting services are provided by a team of technology experts, designed to optimize customer usage and maximize ROI of their OpenInvoice solutions.

Read More

Related Content

Enverus Press Release - The surprisingly balanced global LNG market
Business Automation
ByEnverus

Being a supplier in the oil and gas business is hard. You must ride the cycle of boom and bust, differentiate yourself in an incredibly competitive market and make sure your financial fundamentals are sound.

Enverus Blog - Oil and gas procurement automation: End project delays and overspending
Business Automation Operators
BySusie Yuill

Purchase order automation has the power to relieve oil and gas operators and OFS companies of many headaches in the procure-to-pay process. Energy companies continue to manage the procurement process using tedious, manual workflows that result in the same issues...

Enverus News Release - The $100/bbl clock is ticking
Business Automation Operators
BySusie Yuill

“OpenInvoice saved my marriage.” This isn’t a value point you’d see in a typical software brochure. But it’s something a customer shared with us a few years ago. Turns out, this customer was the only accounts payable manager at her...

M&A
Business Automation Operators
ByEnverus

As an upstream oil and gas operator, you likely have various pricing agreements in place with your suppliers. These agreements can range from simple and rigid pricing structures to complex and flexible pricing structures. One specific type of flexible pricing...

Enverus Blog - 6 tax preparation tips for mineral and royalty managers
Business Automation Minerals
ByEliot Stone

With tax season upon us, mineral and royalty owners face the daunting task of filing for their oil and gas revenue streams. Adding to the unique complexities are the different tax implications and deductions at the federal, state and local...

openmaterials
Business Automation
ByMarie Pachy

1981. That was the last time cost inflation was this high. Cost inflation combined with a weak economy led to what some could argue was the worst recession since the Great Depression. 1981 was also the peak of the oil...

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert