CINXE.COM
Oil & Gas Industry factsheet
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data-hs-cos-type="cta"><div class="hs-web-interactive-inline" style="" data-hubspot-wrapper-cta-id="169255152313"> <a href="https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLINm%2BJ%2BQeyPWyH%2FfwLb7uR%2FWx%2BmaA3XJia7R82lNflr6QZpj90p3PZpPJt4yj97F6HUDLFjdCy%2BjDSgvWg47hxjsmAuztrNSa2hp8JzByP5WNpyPqDIAOsTbAl9GuFKpl5z83Bnl2H0zZD4ciYWKFPLfe6tu5EPEsxOIt6xRmMk6lyxM7mRXGmpCeMXkRgYGoMjfU24x79pFEAk%2BqvwiPHZ3pqg5aJEkJgDcJpAoxrqIWiL%2FxU6jWE6MLFqTeo%3D&portalId=2999407" target="_blank" class="hs-inline-web-interactive-169255152313 button " data-hubspot-cta-id="169255152313"> Read now </a> </div></span> </div> <div class="res-body"> <span id="hs_cos_wrapper_post_body" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="rich_text"><p>Basware’s suite of purchase-to-pay (P2P) solutions for the oil and gas industry deliver increased efficiency and cost savings. Comprehensive tools rein in maverick spending and deliver real-time visibility into overall spend. </p> <!--more--><p>The P2P solution suite also enables organisations to easily manage their assets and inventory and automate the complex materials transfer processes. Organisations can track high-value goods as they move from one location to another and then track value of items based on their condition. </p> <p>Read our fact sheet to learn about the benefits Basware brings to the oil and gas industry, including:</p> <ul> <li> <p>See cash commitments and spend against AFEs </p> </li> <li> <p>Track the location, condition, and valuation of materials</p> </li> <li> <p>Create a complete audit trail for the movement of materials </p> </li> <li> <p>Eliminate maverick spending and prevent budget overages </p> </li> <li> <p>Reduce approval workflow bottlenecks </p> </li> <li> <p>Decrease cycle times in the purchase-to-pay process </p> </li> <li> <p>Ensure compliance with SarbanesOxley</p> </li> <li> <p>Increase compliance with internal purchasing policies</p> </li> </ul></span> </div> <div class="share-box"> <h4> Share This on </h4> <ul class="share-list"> <li> <a 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