OpenInsights For Operators

OpenInsights, a spend analytics software solution, provides operators visibility into goods and services spend at a granular level. Get the insights your supply chain team needs to strategically source materials, manage vendors, and optimize collaboration between your supply chain and operations.
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Video: Uncover Cost Savings In Your Supply Chain With OpenInsights

Video: Uncover Cost Savings In Your Supply Chain With OpenInsights

Quickly identify where every dollar is spent with normalized, descriptive spend data

With more than 50,000 active oil and gas suppliers submitting invoices and field tickets into our network and over $190 billion in industry spend data, Enverus cracked the code on category-specific supply chain data. By analyzing millions of lines of complex, unstructured data and normalizing it through descriptive attributes, supply chain organizations can quickly analyze their own spend data at a granular level to identify where every dollar is being spent — without any tedious onboarding process or IT resources required.

OpenInsights normalizes vast amounts of data

 

Solve Critical Supply Chain Issues That Drain Resources

Supply chain industry challenges solved by OpenInsights for Operators

Transform Your Supply Chain To Achieve Efficiency

Improve Project Planning

Improve Project Planning

Gain insight on historical pricing information to understand and forecast market bids’ cost.

Decrease Direct Costs

Decrease Direct Costs

Consolidate vendors to reduce markups applied to similar goods and services by region and avoid non-performance penalty clauses.

Strengthen Your Negotiation Position

Strengthen Your Negotiation Position

Gain visibility into the cost of goods and services across your vendor portfolio to identify primary suppliers and negotiate better terms.

Make Decisions On Current Data

Make Decisions On Current Data

OpenInsights data is updated regularly, meaning you make decisions based on the most timely and reliable data-sets in the market.

Why OpenInsights For Operators?

Access the most descriptive attributes on the market

From fuel and proppant to pipes, valves, and fittings – you get the most granular views into spending that, until now, was impossible.

No data extraction required

Your OpenInvoice spend data is readily available — no tedious onboarding process or lift from IT required.

Why OpenInsights For Operators?

Unlock powerful advanced insights

Enverus is uniquely positioned to blend invoice data with our Upstream proprietary data sets, like well locations and rig specs, to unlock specific details like regional cost discrepancies and costs per foot drilled.

Make decisions based on current data

OpenInsights data is updated regularly, meaning you make decisions based on the most timely and reliable data-sets in the market.

Strategically source, manage vendors. and optimize collaboration with operations

Strategically source, manage vendors. and optimize collaboration with operations

Download the product overview to learn how OpenInsights for operators optimizes the oil & gas supply chain.

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FAQ

Where do I access OpenInsights?

OpenInsights is located within the OpenInvoice application.

Do I need to be in the Openinvoice networks to access OpenInsights?

Yes, the invoices that come from the network feed into OpenInsights.

How often is the data in OpenInsights updated?

The OpenInsights data is updated every month.

Can I get access to certain categories but not others?

Yes, you can gain access to any number of available categories depending on your needs.

What data does OpenInsights grant me access to?

OpenInsights allows for a particpants in the OpenInvoice network to view only their own spend data.