Accounts payable is a pivotal function in every industry, upstream oil and gas being no exception, and there are common challenges across the board like time consumption, errors, and manual processes.
IFS Energy & Resources – Workflow offers a solution to these challenges through automation. The tool’s ability to reduce unnecessary complexities makes processes work for your organization instead of against it. Workflow provides features like streamlined approvals, data entry with upfront validations, and integration with IFS and third-party products.
In this video, you’ll see a live demonstration of the AP invoice workflow and how data is validated upon entry, along with how the tool can save valuable time, even for high-volume processes. The configurability enables upstream oil and gas organizations to tailor it to industry-specific needs. There is flexibility in routing invoices, accommodating various approval criteria and hierarchies.
While AP invoicing is an integral part of business, it doesn't have to be painful. IFS Energy & Resources – Workflow offers a comprehensive solution that streamlines invoice entry, approvals, and financial system integration.
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