Audit Intelligence
Fraud and overbilling account for tens of millions of dollars of losses annually for individual E&P companies. Stop spending money for work that was never done. Audit Intelligence, a software analytics solution for oil & gas, detects evidence of overbilling and provides a case management workflow to optimize the audit process.
Fraud And Overbilling Are Crucial Issues For Oil & Gas
The shale boom has created a huge increase in oil industry activity for land operations in North America. This growth has caused a similar increase in the number of suppliers and field tickets generated for work performed. Low value, high volume activities are a feature of the shale boom – these are perfect conditions for overbilling.
Using data created by OpenInvoice and OpenTicket, Audit Intelligence shows how business automation solutions paired with the power of data and analytics can increase the efficiency of auditing to improve the modern energy value chain and reduce costs.
Benefits
Stop Losing Money
Automated field ticket analysis detects overbilling and streamlines the audit process, making it faster and easier to uncover and resolve issues
Choose the Best Partners
Audit Intelligence ranks your suppliers by most likely to least likely to overbill, so you have granular visibility into supplier behavior
