Trendx has changed the way we manage and control our spending at Bill Barrett Corporation. Before Trendx, we were tasked with heavy goals: to increase productivity and lower costs. With Trendx, we were able to identify trends and spot opportunities with our suppliers. That has allowed us to make efficient spend decisions, saving us time and resources. Trendx is a key component to controlling our operational costs.
Bill Barrett Corporation
TRENDX
Oildex's Trendx is the first graphical business intelligence tool of its kind designed specifically for oil and natural gas companies. Used in conjunction with Spendworks, Trendx allows managers to track expenses using up-to-the-minute cost information, so they can better forecast cash needs and manage their working capital.

Managers can also take advantage of Trendx's reporting tools to see exactly how and where resources are being allocated, so they can spot opportunities and grow margins faster. And Trendx reduces or eliminates reporting days as managers always have access to the latest, most complete spend data.

Benefits:
  • Delivers accurate, up-to-the-minute spend data, so business decisions can be made faster
  • Allows managers to monitor working capital employment and better forecast cash needs
  • Helps oil and natural gas companies monitor and contain costs while growing their margins
  • Reduces reporting delays

Features:
  • Easy-to-use point-and-click interface
  • Simple charting and graphing tools
  • Boardroom-style reporting
  • Key performance indicator (KPI) reporting
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