Oildex's JIB Complete service is the first of its kind. With JIB Complete, oil and natural gas companies can process 100% of their JIBs (Joint Interest Bills) electronically. That's because JIB Complete enables energy companies to submit paper JIBs to Oildex, which converts them into digital, uploadable data.
The paper-to-electronic conversion can take as few as 24 hours, and it is proven to speed up the expense data entry process and help reduce costs. With JIB Complete, companies can process all of their JIB detail through a single electronic system.
Benefits:
- Provides fast access to expense information
- Eliminates lost documents
- Decreases errors
- Speeds processing
- Creates an easy-to-follow audit trail
- Simplifies data entry by reducing hand keying