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Addressing the Challenge of Distributed Operations
The Challenge: Managing Distributed Operations
For energy companies with distributed operations, such as those with headquarters in a metropolitan area, branch offices across the country, and field managers in remote offices or on the road, processing invoices can be time consuming and costly. Sheer invoice volumes keep accounting departments busy enough, but add to that the stress of dealing with managers in remote locations, and you get lengthy approval times, invoices getting lost and delays in getting invoices paid, which can result in poor supplier relations and significant loss of revenue from not getting early payment discounts.
The Solution: Addressing the Needs of Managers on the Move
With Spendworks, workers in the field can utilize the same flexible workflow as office-bound managers and accountants. So users have the ability to securely authorize, code, and approve purchases and access critical business intelligence regardless of location and connectivity.
Click here for more information on how you can improve your invoicing process with Spendworks, or email us at info@oildex.com