Source to Pay Automation for the Oil, Gas and Energy Industry

Transform your finance and procurement processes with our specially designed solutions. Unlock efficiency, control and cost savings that drives measurable value for your business.

There has never been a harder time to be in the Oil, Gas and Energy business. Finance and procurement leaders are facing serious headwinds that are upending the industry. Volatility in commodity prices, regulatory changes and increasing sustainability and environmental concerns. It’s all putting pressure on the bottom line where businesses are expected to do more with less.

Leaders need complete visibility and control of their spend. They need to free up their teams from manual, time consuming tasks so they can add more value to the business. They need to do this without disrupting their core operations and business activities. In truth, they can’t do this alone.

That’s where we come in, we are Source to Pay (S2P) transformation experts. We help you get control over your spend, lower your costs and achieve measurable value. We have designed solutions specifically to address the unique challenges you face everyday. We unite your people with the right technology and processes in line with best practices. All whilst not disrupting your day-to-day business activities and delivering a measurable ROI.

We Understand the Challenges in the Oil, Gas and Energy Industry

Our team has had extensive experience working with a range of different businesses. Our team has had experience with some Oil, Gas and Energy companies and one thing is clear. Each business is unique and requires a solution that tailors for their circumstances. We’ve seen Oil, Gas and Energy businesses trying to keep up with many changes in the industry. Growing sustainability expectations, advancements in technology and economic volatility. They all make it harder to drive your business forward and grow profitability.

These changes exacerbate existing challenges within the industry. Our team have seen Oil, Gas and Energy businesses struggling with:

Complex Supply Chains

Oil, Gas and Energy businesses usually have complex supply chains. Multiple suppliers, remote locations and diverse product requirements all need to be managed. This creates difficulties in managing procurement processes, leading to inefficiencies and increased costs.

High Capital Expenditure

The Oil, Gas and Energy business is an expensive one. Significant investment is required for exploration, production and infrastructure. This puts extra pressure on financial management to deliver results. They need to optimise capital allocation and ensure a return on investment.

Risk Management

In a highly regulated and politically important industry, managing risk is a challenge. Businesses are trying to handle their exposure to a range of risks. Things like geopolitical risks, market volatility and operational hazards. They need comprehensive risk assessment and mitigation strategies. To meet these challenges they need to implement dynamic supplier and cost management and flexible procurement strategies.

Data Management and Visibility

Oil, Gas and Energy businesses are data rich businesses. There are large volumes of data from various sources and systems across the supply chain. This poses a big challenge, lots of data in lots of different places. It makes it difficult to get accurate, real-time insights for decision-making.

Our insights have been informed by our work with the Energy Development Corporation

How Our S2P Solutions Drive Value for Your Business

Our team are Source to Pay experts and have worked with all business types and processes. Armed with our deep finance and procurement knowledge we have a range of solutions designed for you. Our solutions address your key challenges and evolve your processes towards best practice. All while not disrupting your business. We’ve helped organisations across the region achieve measurable value. Our clients have enjoyed a range of benefits from our S2P solutions.

Enhanced Visibility and Control

Our solutions integrate all your procurement and finance data into one place. Along with customisable procurement workflows that drive best practice, this delivers you complete cost control. You’ll get near real-time visibility into your spend, supplier performance and procurement processes. This enables you to control your costs and empowers you to make data-driven decisions.

Efficient and Effective Processes Processes and Efficiency

Our solutions will be tailored to utilise automation where it will add the most value. This is usually within procurement tasks, invoice processing and approval workflows. This dramatically reduces the manual effort involved in these activities. With the added bonus of being more accurate and accelerating procurement cycle times.

Cost Savings and ROI

With cost control and visibility in place you can start to take procurement to the next level. Our solutions enable strategic sourcing, spend analysis and efficient supplier management. These all help you identify cost-saving opportunities and optimise your procurement strategies. This is where you can really maximise your return on investment.

Risk Management and Compliance

Our solutions help systematise and part automate risk management and compliance monitoring. With a range of tools and reports at your disposal you will be able to more actively mitigate your risks. You’ll also be better placed to be more agile in adapting to changing regulations.

Sustainable Procurement Practices

With a greater focus on sustainability reporting, our solutions do a lot of the heavy lifting. You can embed sustainability criteria into your procurement decisions and workflows. All while collecting environmental impact data for reporting. This all helps reduce the effort involved in supporting your corporate sustainability goals.

What Our Customers Say About Us

Aaron Passfield Head of Procurement, HammondCare

“Valtatech’s unique offer and extensive cloud and digital transformation experience meant they were the perfect implementation partner for our Coupa Business Spend Management implementation project. Valtatech’s cloud-based eInvoicing technology also enabled us to set up a system with very little disruption to the business, our partners, or teams on the ground.”

Hanako Kato Corporate HQ General Manager, Konica Minolta Business Solutions Asia

“Valtatech has been an invaluable partner during the process of transforming our procure to pay (P2P) system. The project has helped us to reduce costs, identify risks and improve value delivery across the business; while providing the visibility and insights my team and I require to improve risk mitigation, due diligence processes and governance.”

Case Studies

Our Approach to Delivering Measurable Value in the Oil, Gas & Energy Industry

We are dedicated to driving tangible business value in our work. We do this by delivering enhanced visibility, cost savings, user adoption and compliance. Our solutions are tailored to your business and the challenges of the Oil, Gas & Energy sector. Our proven 3-step approach ensures predictable results, on-time and on-budget delivery. Our goal is to elevate your procurement and finance processes to industry-leading standards.

First, we lay the foundation by deeply understanding your unique business landscape. This involves conducting comprehensive assessments and developing a tailored transformation strategy. Next, our S2P experts implement the technology and processes to deliver your transformation. With precision, we align you with best practices and integrate with your systems. Finally, we focus on continuous improvement. Driving further automation and optimisation to enhance the value of your S2P processes.
This approach enables your team to focus on strategic activities. We ensure your S2P processes maximise savings, quality and business value. Learn more about Our Approach

Why Choose Us?

Source to Pay Transformation Expertise

We are a team of Source to Pay experts. We have helped many businesses transform their S2P processes and drive measurable value. We have a deep understanding of the construction industry and its unique challenges. Our solutions are tailored to your businesses specific needs ensuring a right-sized solution.

Integration Expertise

The key to getting full control and visibility over your spend is having a single source of truth. We know construction businesses have procurement and finance data in many different systems. We integrate and connect all your existing platforms and systems together. This ensures you can achieve that single source of truth and complete send control.

Our Focus On Value

Value is a common vision of what success looks like. It’s visibility. It’s savings. It’s user adoption. It’s compliance. It’s best practice. It’s all that combined. It’s what we define, together, as our shared goal. Value is what we measure, what we strive for.

Partnership Approach

To help drive value, we work with you in an open and transparent way. We will be alongside you for every step of the journey, sharing both the risk and benefits. If you succeed then we succeed. That’s what we call a partnership.

Ready to transform your finance and procurement operations?

Contact us to learn more about how we can help you drive value, efficiency, and future-proof your business.