Spendworks by Oildex, a service of Transzap, Inc.

6.21 - What's this?

Repeatedly recognized as one of the industry's Best Data Management Solutions*, SPENDWORKS helps energy companies streamline operations, transforming the manual, time-consuming, paper-based chore of purchasing and paying for goods and services into a process that is fast and efficient. SPENDWORKS reduces paper work, assures price accuracy and provides rich, detailed information to help companies decide how and where to spend time and resources.

SPENDWORKS users receive invoices in a digital format and can easily reconcile them with receipts and purchase orders, verify billing accuracy, and code and route them for approval. Users can also track and audit invoices, analyze spend patterns and work with suppliers to easily resolve issues through the system.

Process improvements reduce document handling time and costs by up to 75%.

The SPENDWORKS Advantage

Reduces Costs
Speeds Processing
Simplifies Reconciliation
Decreases Errors
Reduces Document Handling Time & Costs by as much as 70%
Eliminates Lost Documents
Improves Audit Trail
High-Grades Trade Discounts
Resolves Vendor Issues

*per the 2005 & 2007 World Oil Awards

Features

  • » Paper and Electronic Processing
  • » Easy Remote Access
  • » Complete Audit Trails - Sarbanes-Oxley Compliant
  • » Auto Routing for Approval
  • » Coding Flexibility
  • » Supplier Collaboration

Supported Technologies

Linux, MS Windows Server 2003, Windows 95/98/ME, Windows XP/2000/NT
Oracle, Oracle Appliance Server, Microsoft SQL Server
Java
Web-Based (Browser)
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Pricing

Users (# of seats)
info@oildex.com
1.888.922.1222



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