Oildex releases additional functionality for invoicing, workflow solution software

Oildex has released its smart terms and discount functionality for its A/P eInvoicing and workflow solution software, the company said November 19.

With the Spendworks software, oil and gas operators receive suppliers’ invoices electronically and move the invoices through the coding, routing, commenting and approval processes. The “smart terms and discount” functionality captures payment terms and discount opportunities from invoices submitted either electronically or from a scanned paper original to help ensure the company captures the best terms available, said the company.

Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to users in the oil and gas industry.


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