OpenInvoice is a comprehensive invoice processing solution designed specifically for the oil and gas industry. It streamlines the accounts payable process, optimizes spend control, and provides access to a vast network of suppliers, all while integrating seamlessly with multiple ERP systems and other Enverus solutions

Key Features

Automated Invoice Processing OpenInvoice leverages back-office automation to accelerate oil and gas invoicing.

• Automatic approvals and coding
• Workflow routing and reconciliation
• Reduced manual touchpoints and errors

Extensive Supplier Network The platform provides instant access to a large network of suppliers.

• Over 40,000 suppliers across North America
• 25+ ERP integrations
• Scalable source-to-pay process automation

Mobile Accessibility Users can manage invoices on-the-go to keep projects on track.

• Approve invoices from mobile devices
• Access to critical information anytime, anywhere

Robust Reporting OpenInvoice offers comprehensive reporting capabilities for in-depth analysis.

• Create, save, and schedule ad-hoc reports
• Analyze payables from various perspectives (vendor, product/service, coding, etc.)
• Run reports at summary or line-item levels

Benefits

Increased Efficiency OpenInvoice streamlines the entire invoicing process, saving time and resources.

• Reduced call volumes through vendor self-service payment status checks
• Decreased invoice dispute volumes and faster resolution times
• Automated price validation workflows

Enhanced Spend Control The platform provides tools for better financial management and oversight.

• Capture line-item details for specific vendor or product/service analysis
• Configure automatic coding and auto-approvals based on threshold criteria
• Price compliance reporting and spend analytics

Scalability and Integration OpenInvoice is designed to grow with your business needs.

• Easy onboarding and scaling of business processes
• Integration with 25+ ERP systems
• Part of the larger Enverus source-to-pay platform