Science Applications International Corporation (SAIC) and Houston-based Wellogix have teamed to implement an automated, paperless purchase-to-pay (P2P) system tailored to complex oilfield energy services. Implemented as part of an operational procurement and financial process improvement initiative, the Wellogix Evaluated Receipts Settlement (ERS) lets clients pay service providers with approved field-tickets, eliminating the cost and paperwork of a traditional invoice process.
SAIC designed, developed and implemented the ERS solution, integrating Wellogix’ eField-Ticket software with the client’s SAP financial and computerized maintenance management systems (CMMS). The system allows field engineers to quickly and accurately identify and resolve pricing discrepancies and off-contract charges for complex oilfield services within a controlled and compliant process. The solution reduces administrative costs and ensures accurate and expedited payments to service providers with greater controls over the purchasing process.
SAIC VP Stuart Lunn said, ‘We have a unique perspective of what modifications to existing software will bring maximum benefits and saw that coupling SAP CMMS systems with Wellogix software would bring an immediate return on investment affecting purchase-to-pay, finance and accounting.’
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