Oil & Gas Company Gets “Slick” with PROACTIS Spend Control & eProcurement

News Facts

  • PROACTIS today announced that an independent oil and gas company has selected the PROACTIS eProcurement solution to streamline its purchase-to-pay process.
  • The company, which is listed on the AIM Market of the London Stock Exchange, has a balanced portfolio of operated and non-operated exploration, appraisal and production properties.
  • PROACTIS Purchase-to-Pay, which includes Document Scanning, will be used to reduce costs and increase financial visibility by automating the purchase-to-pay process, from initial request through authorization, goods/services receipt, invoice matching and posting for payment into Infor FMS SunSystems.
  • The company is the sixth organization in the oil and gas sector to select PROACTIS this year. They join a long list of PROACTIS clients in the oil, gas and mineral extraction sector, including Rio Tinto, AWE Ltd, Northern Petroleum, ROC Oil Co Limited and Addax Petroleum.

Resources

Purchase-to-Pay: Get a Handle on How Your Organization Really Buys Goods and Services