WPX Energy signs five-year ePayables deal for Oildexs Spendworks

Monday 10 February 2014 09:35 CET | News

Oildex, a US-based provider of information management solutions for the oil and gas industry, has signed a five-year agreement with WPX Energy, a US-based independent oil and gas company, to deploy Oildex’s Spendworks product throughout their business.

Oildex’s Spendworks is a SaaS-based, ePayables solution encompassing electronic delivery of invoices and AP workflow automation.

Oildex provides information management and business process automation Software-as-a-Service (SaaS) solutions to 7,900 companies and 130,000 registered users in the oil and gas industry. Currently available services include: digital and scanned invoice processing (Spendworks and Spendworks Complete), owner/producer relations data posting (Owner Relations Connect), check stub reporting (Checkstub Connect - CDEX), scanned check stub reporting (CDEX Complete), joint interest bill processing (JIB Connect), scanned JIB processing (JIB Complete), crude oil data exchange (Run Ticket Connect - CODE), and production and sales volume reporting.

In recent news, Oildex has launched its enhanced online invoicing application for suppliers submitting electronic invoices through the Oildex platform.

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Keywords: WPX Energy, Oildex, ePayables, Spendworks, AP, SaaS, accounts payable, workflow automation, electronic, invoices, e-invoicing
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech