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Transzap was founded in 1999 by a team of innovative software leaders and oil and gas accounting professionals looking to develop software as a service (SaaS) solutions that would help oil and gas companies improve their accounting and operations processes.
Leveraging their expertise and interest in operations, supply chain management, AP automation, accounting, and ePayables (EIPP), the Transzap team created a comprehensive suite of SaaS solutions under the Oildex™ banner to help oil and gas companies streamline accounting. These important tools simplify the way companies process their invoices, revenue statements, and joint interest bills (JIBs), and speed up their approvals. Oildex solutions improve oil and gas companies' efficiency and accuracy - and their margins.
Ten years later, Transzap has emerged as the market leader, with over one-hundred billion dollars in transaction detail flowing through the company's systems each year and tens of thousands of satisfied energy industry customers. Transzap is a proven innovator of SaaS solutions for EIPP; spend analysis and the efficient processing of revenue, invoices, and joint interest bills.
