PakEnergy Expands Solutions For Energy Customers With Petrosight Acquisition

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Webinar Case Study 

CFO + Accounts Payable Team "Exchange" for more time, more money & touchless AP. Find out how!

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Product Features

The next generation digital oilfield document management and intelligent workflow solution

Secure & Automatic Vendor Setup

Secure & Automatic Vendor Setup

Touchless Approvals

Touchless Approvals

Efficient Document Management

Efficient Document Management

Increased Efficiency, Lower Operating Costs

Increased Efficiency, Lower Operating Costs

Invoice Automation

Invoice Automation

e-Sign Division Order

e-Sign Division Order

Product Features

The next generation digital oilfield document management and intelligent workflow solution

Secure & Automatic Vendor Setup

Secure & Automatic Vendor Setup

Empower your back office with a complete & automated docs management platform - the best alternative to OpenInvoice

Introducing PakEnergy Exchange - The next generation digital oilfield document management and intelligent workflow solution

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Built on PakEnergy’s acclaimed WolfePak DocVue platform, PakEnergy Exchange combines document management with intelligent workflows and social media technology to deliver a secure network for operators, first purchases, and service companies to exchange invoices, division orders, run statements, owner statements, 1099s, W9s, insurance certificates, ACH forms, and change of address forms with their vendors, owners, partners, and other stakeholders.


Despite everything we hear about the digital oilfield, our industry still relies on paper documents and email when exchanging documents with their vendors and other partners. PakEnergy Exchange will help you lower the operating costs significantly and increase efficiency of your back-office staff while providing better customer service for your vendors, owners, investors and partners. Teams who switch to PakEnergy Exchange for AP automation reap tremendous benefits in productivity, G&A optimization, and cash flow visibility that can uplift margins by enabling more precise inbound expense accrual. But unlike other AP automation solutions, PakEnergy Exchange supports any oil & gas document.

“Since implementing Exchange, immediately we started seeing returns. Our engineers could log in from anywhere and get through the approval process online all at once. It also cut down on double entry because Exchange links directly with Pak Accounting. This saves me and my engineers about 2 hours every week, 2 hours that we can use to generate income instead of approving invoices.”

tyler
Tyler Barnett | CFO, Clear Fork
FAQs

Commonly asked questions about

Pak Exchange

Unlike other solutions, Pak Exchange is tightly integrated, supports any oil & gas document, and sets up vendors with one click 

Heck no..! Everything is automated, saving you hours and hours of your valuable time, no more chasing signatures, mailing mountains of invoices, wasting $$$$ on postage

Yes! Owner Relations teams are tired of chasing signatures and are thrilled to have Pak's e-Sign Division Orders

Soooo easy! Think of of your vendors each being one click away, inviting them with a click, and they simply accept the invitation with a click

PakEnergy Scales with Your Growth

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Land

Never miss an obligation again with powerful lease management, GIS, and owner relations management

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Production

Automates the collection and analysis of oilfield production data

Accounting

Accounting

Automates O&G accounting, revenue distribution, JIBs, regulatory compliance and more 

Transportation

Transportation

Automates the dispatch & ticketing of bulk commodity haulers