Electronic Invoicing

OpenInvoice Professional™

Invoicing is one of the few processes remaining in our industry that is still largely paper-driven.

Most energy companies spend millions of dollars a year just processing invoices. Studies have shown that processing invoices by energy companies can cost from $30 to more than $100 per invoice. OpenInvoice reduces invoicing costs by 50% to 80%. And leading companies are achieving this savings today.

Problem

In a typical organization, the field ticket to invoice process is time-consuming and onerous. Many people are involved in the process - field staff, operations staff, invoice coders, accounts payable staff, and sometimes even senior management. A similar list exists in the supplier's organization. What's worse, the process becomes even more tortuous if clarification is required, possibly leading to a disputed field ticket or invoice. Many hours are wasted by administrative and senior technical staff dealing with these issues.

Solution

OpenInvoice is a web-based system that automates and improves this whole process. And it provides a collaborative environment, bringing operating companies and suppliers together, eliminating the need to resolve disputes through fax, phone, email and voice mail.

For more information please contact us at info@do2.com

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