Streamline Procurement With OpenOrder: Purchase Order Management Software for Oil & Gas

Say goodbye to rigid “red-tape” purchase orders. OpenOrder increases spend visibility and controls without burdening operations. With flexibility to issue, approve and track procurement of services and materials with a purchase order, you can link to coding and AFE line items. 

Track committed costs before orders are received to monitor spend. Monitor compliance and automate field ticket and invoice workflows with data captured and approved on the purchase order, saving time. 

Benefits of OpenOrder

Control Spend

Don’t wait for receipts and invoices to know the incurred spend. Monitor purchasing up front so you know from whom, for what and how much you purchased to improve budgeting and forecasting.  

Reduce Manual Work

Automate compliance checks, material transfers and billing workflows, from order to invoice for easy three and four-way matching between contract, order, receipt and invoice.  

Streamline Purchase Order Workflows

Keep projects moving on schedule, gain transparency across your business and improve supplier communication by managing orders to invoices in one platform with configurable workflows.  

What's Included With OpenOrder?

Flexible Integration & Workflow Options

Create and approve purchase orders in an external tool or within OpenOrder.

Create goods receipts in an external tool or within OpenOrder.

Rich two-way APIs enable integrations to external reporting and workflow tools.

Leverage your OpenInvoice® ser setup to govern who can view, create, or approve purchase orders.

Connected to the Enverus Supplier Network

Employ a single point of distribution and collaboration with all your suppliers.

Enable suppliers to accept, reject or counter-offer orders.

Control who and for what suppliers can bill you.

Request & view delivery date updates from your suppliers.

Make life easy for your suppliers by their ‘flipping’ purchase orders to tickets and invoices.

Efficient Compliance & Workflow Automation

Reduce duplicate entry and errors by capturing cost entity and coding up-front, even multi-well splits.

Cover various spend types using quantity-based or amount-based, freight and surcharge line types.

Validate progress payments for longer lead-time purchases.

Configure tolerances by item/material master, purchase/spend category or supplier type.

Use automatic compliance and fulfillment alerts to automate workflows, including the three-way match.

Robust PO Management Tools

Use goods receipts or field tickets to confirm fulfillment ahead of invoicing.

Realize benefits of your purchase orders integrated with your material master and pricing agreements.

Save and run custom reports to find orders by a wide range of criteria with ease.

Monitor budgets by tracking estimates even down to the AFE/project line-item level.

Configure notifications to let team members know about orders requiring their attention.

How OpenOrder Works

Learn About OpenOrder

Enverus OpenOrder digitalizes the oil and gas procurement process to keep projects on time and on budget. Download the OpenOrder solution overview today to learn how OpenOrder enables oil and gas companies to simplify purchasing and servicing, improve spend control and supplier collaboration, and streamline and automate workflows across the procure-to-pay process.

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

Why OpenOrder for Purchase Order Management?

Access the largest industry network of buyers and suppliers

Connect to the industry’s largest network of 40,000+ active suppliers to experience the immediate value of digital purchase order with minimal supplier onboarding and improved collaboration.

Spend control and automation with seamless integration

Pair OpenOrder with other Enverus solutions for a seamless, automated, trackable procurement process from order to invoice. This unlocks spend visibility, reduces processing overhead and rogue spending, and accelerates manual order-to-invoice reconciliation.  

Designed for energy businesses

Unlike other procurement software, OpenOrder is built for the unique needs of oil and gas. Manage ordering in one place with the flexibility to order services and materials on a purchase order.

Flexibility for operations

Choose the configuration that’s right for you. Manage purchase orders in OpenOrder or integrate with your ERP/procurement system to benefit from connection to the Enverus supplier network.

Ready to Get Started?

Related Business Automation 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

Enverus RFx is an AI-powered sourcing solution that simplifies bid management, expands supplier networks and provides transparent insights into pricing and activity. Streamline procurement and focus on your bottom line with Enverus RFx’s advanced technology. 

Read more about Enverus RFx.

 

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...

bA
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