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How Oilfield Service Companies Can Get Their Money Working Faster

Chris Hamilton

Times are tough in the oil and gas industry. This is bound to have an impact on oilfield services companies.

Oilfield services companies are going to have to look at ways to make themselves more efficient and get the accounts receivables in the door quicker.

In this video, Enter My Invoice shows the impact of using a factoring company to get paid faster compared to just submitting an invoice and waiting for weeks to get paid.

In fact in the scenario in the video, we show how factoring can help you gain almost 15 X's more revenue than just waiting for an oil and gas company to pay you.




To find our how you can automate your field ticketing process and automate your invoice entry into Cortex, OpenInvoice and other e-invoicing portals, contact Enter My Invoice at 1-800-375-0967 or info@entermyinvoice.com

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"Using the EMI Digital Signature App has completely transformed how I handle invoices. Before, I had to print the invoice, manually code and stamp it, and then re-scan it to send back to the supplier. Now, all I have to do is forward the invoice to my unique email, where I have a digital stamp, a data template and my signature saved. When I’m done coding, all I have to do is click a button, and a copy of the stamped invoice is automatically sent to both my corporate email and the supplier’s email. This process saves me countless work hours every month. The app also keeps everything organized, allowing me to easily check the history to confirm if I’ve already stamped, coded and signed an invoice. It’s truly a game-changer for improving efficiency and streamlining my workflow."   John at InPlay Oil

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