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Oildex Suite Pumps New Life into Leading Oil and Gas Asset Manager's Invoice and Revenue Processing
Challenge
There's got to be a faster, more efficient way to process thousands of invoices
EnerVest, Ltd., based in Houston, Texas, is one of the largest and most successful managers of oil and gas assets for institutional investors. The company operates more than 13,700 wells in 11 states, including more than 1,400 wells it acquired in the summer of 2007 from Anadarko Petroleum Corp. That acquisition not only added significant assets but a significant amount of paperwork, in particular invoices, which EnerVest needed to find a way to manage, fast.
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