A tailor-made invoice process for the Oil & Gas industry

eye-share Oil & Gas is eye-share Invoice tailor-made for the Oil & Gas industry. It is a set of functionalities, in addition to all functionality in standard Eye-share, customers can choose to activate or not.

eye-share Oil & Gas is integrated with systems from SAP, Oracle and others, and is steered towards project management and installations which is an integral part of Eye-share’s solutions.

This industry solution provides a completely paperless and automated incoming invoice process suitable for the industry, and reputable Oil & Gas companies around the world use eye-share Invoice to handle incoming invoices, DA’s and other industry related documents.

Tailored for the Oil & Gas industry
Time is of the essence in the Oil & Gas industry, and electronic processing of incoming invoices and other documents is key to reduce some of the time-consuming tasks.

eye-share Invoice is well-fitted for the Oil & Gas industry for several reasons:

• OCR scanning of paper invoices and importing of pdf and electronic invoices enables a paperless account payable process and automated workflow based on interpreted data – which provides automation, easy access from any location, a clean desk and an environmental
• Access documents from any location
• Approve on the move with smartphones and tablets
• Able to handle big investments and many locations (rigs, offices)
• Easier and faster processing and on time payments to suppliers saves time and money
• Automated straight through processing based on automated 3-way matching of PO related invoices
• Automated distribution according to company matrix
• Reduce total processing time significantly – from receipt to final approval
• Reduces manual work in all stages of invoice processing
• Automated follow-up through reminders and emails
• User roles is adjusted to meet requirements in SOX and Euro-SOX

eye-share Invoice for the Oil & Gas industry provides integration with accounting and procurement systems and is made with multi company and multi-currency environments in mind.

A complete overview of status and location of all incoming invoices is immediately available, and automated, paperless processing provides less clutter and more time spent working on industry related tasks.

More functionality with addons
Many companies use additional modules for extra functionality tailored for their company and industry.

• eye-share AFE (Authorization for Expenditure): AFE is a module developed for customers in the Oil & Gas industry, and will make the approval process easier during investments in equipment.
• eye-share Mobile: With a high degree of travelling among approvers in the industry, eye-share Oil & Gas lets you approve on the move with eye-share Mobile to make the process more effective.
• eye-share Archive: A generic Archive solution will store documents electronically and make them searchable, providing less clutter and saving time and money.
• eye-share Report: KPI Reporting gives instant access to a multitude of data to unveil performance problems or bottlenecks in the account payable process (for companies interested in monitoring and finetuning processes and for companies processing over 20 000 invoices)
• eye-share General Ledger: A module to store general ledger postings made directly in ERP

eye-share Oil & Gas is integrated with solutions from SAP, ORACLE Financials, Microsoft Dynamics NAV, Microsoft Dynamics AX and Microsoft Dynamics GP.