$1M
ANNUAL SAVINGS
After using our sourcing solutions for one year, one customer was able to save $1M+ by running competitive bids and renegotiating prices based on insights gained using Enverus RFx.
95%
INVOICE PAID-ON-TIME RATE
After implementing OpenInvoice, NextEra Energy reported improving their invoice paid-on-time rate from 3% to 95%.
81%
SPEND CAPTURED
Nextera captures 81% of its spend in OpenContract PriceBook, reducing spend leakage.
50%
FASTER VISIBILITY INTO LOE SPEND
Jetta Operating Company Inc. experienced faster spend visibility into LOE and field ticket approval times.
40
HOURS SAVED WEEKLY
Discovery Natural Resources was able to automate 40% of its invoice approvals with no-touch invoicing, saving their AP department 40 hours per week.
35%
SAVED ON CHEMICALS
An operator in the Permian saved 35% on chemicals by using RFx to consolidate their supplier base from 13 to 2.
Mary Atkinson | VP Supply Chain, Grayson Mill
I’ve been involved in upstream oil and gas operations for 35 years plus, and this suite of Enverus products does the best of any product that I’ve seen at accomplishing that ideal of pulling all this information together in an integrated platform. Everything looks the same, it feels the same – all different aspects of the organization that use the tool have their own piece to work with, yet all the information that’s generated and captured in that system is integrated.
Chris Pedersen | Principal, PlanMasters, LLC
Mike Bechtel | Director of Operations Accounting , Chesapeake Energy
We’re not just a software company – we’re your strategic partner invested in helping you achieve your goals.
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Elevate your strategic oversight with Enverus Source-to-Pay. Our solutions automate procurement, enhancing decision-making speed and reducing administrative tasks. Gain comprehensive visibility into spending, enabling finance teams to focus on strategic initiatives and respond swiftly to market dynamics.
Navigate costs, optimize supply. Automated compliance checks ensure adherence to pricing agreements, minimizing spend leakage. Our streamlined processes create a centralized data source, enhancing decision-making and enabling competitive bidding for the best prices from approved vendors.
Streamline procurement so you can focus on what matters. Easily order supplies and track expenses against project budgets before invoices arrive. Reduce manual processes for ticket and invoice validation, allowing teams to concentrate on critical tasks while maintaining budget control and optimizing resource allocation.
Financial accuracy meets automation. Automate invoice approvals and price validations to expedite processing and reduce errors. Gain early visibility into spend for improved budget forecasting and resource allocation, all while maintaining a single source of truth for financial data across all teams.
Enverus is transforming oil and gas source-to-pay with an integrated suite that lets you automate workflows and access spend analytics from sourcing to payment on one platform, built for North American oil and gas.
Our platform empowers supply chain, operations, accounting and finance teams to save time, improve cost management and make more informed decisions.
Save time with automated price validation workflows and optimize spend with price compliance reporting and spend analytics.
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.
Gain complete inventory oversight. Track the quantity and value of inventory by location and accurately log material transfers in your accounting system.
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.
Accelerate invoice approvals and payment with cloud-based digital field ticket management.
Digitize and automate invoice processing and approvals with oil and gas enterprise accounts payable software.
Outsource mineral phone and print and mail, so your land and accounting teams can focus on critical work.
EnergyLink software provides secure and convenient online access to oil and gas owner statements and account information — available 24/7.
Enverus consulting services are provided by a team of technology experts, designed to optimize customer usage and maximize ROI of their OpenInvoice solutions.
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Blog with insights on navigating the future of oil and gas, providing valuable strategies and solutions.
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