An ecosystem of vendors, owners, partners and investors providing secure, real-time collaboration and processing. Onboard new connections in no time with one-click.
Webinar Case Study
CFO + Accounts Payable Team "Exchange" for more time, more money & touchless AP. Find out how!
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Streamlined workflows for touchless approvals avoids processing delays and frustration. Keep your vendors happy. Enjoy early payment discounts. Reap the benefits in productivity, G&A optimization and cash flow visibility.
A secure network for operators, first purchasers, and service companies to manage/exchange invoices, division orders, run statements, owner statements, 1099s, W9s, insurance certificates, ACH forms, and change of address forms faster, better and more efficiently. Access your documents anywhere anytime.
Streamlined, automated process that saves time, lowers operating costs and increases accuracy of data enabling you to focus on critical business strategies. Scale up your business without any additional over head.
Reduces AP's workload with automation by eliminating manual invoice data entry, printing, scanning, postage and envelopes. Saves time and operation costs. Shut the door on legacy software bolted-on automation with TRULY open vendor portal.
Automates and accelerates the distribution and execution of division order letters with secure portal and digital signature features. No one else has e-Sign DO letters!
An ecosystem of vendors, owners, partners and investors providing secure, real-time collaboration and processing. Onboard new connections in no time with one-click.
Streamlined workflows for touchless approvals avoids processing delays and frustration. Keep your vendors happy. Enjoy early payment discounts. Reap the benefits in productivity, G&A optimization and cash flow visibility.
A secure network for operators, first purchasers, and service companies to manage/exchange invoices, division orders, run statements, owner statements, 1099s, W9s, insurance certificates, ACH forms, and change of address forms faster, better and more efficiently. Access your documents anywhere anytime.
Streamlined, automated process that saves time, lowers operating costs and increases accuracy of data enabling you to focus on critical business strategies. Scale up your business without any additional over head.
Reduces AP's workload with automation by eliminating manual invoice data entry, printing, scanning, postage and envelopes. Saves time and operation costs. Shut the door on legacy software bolted-on automation with TRULY open vendor portal.
Automates and accelerates the distribution and execution of division order letters with secure portal and digital signature features. No one else has e-Sign DO letters!
Product Features
The next generation digital oilfield document management and intelligent workflow solution
Secure & Automatic Vendor Setup
Touchless Approvals
Efficient Document Management
Increased Efficiency, Lower Operating Costs
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Invoice Automation
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e-Sign Division Order
Product Features
The next generation digital oilfield document management and intelligent workflow solution
Secure & Automatic Vendor Setup
Touchless Approvals
Efficient Document Management
Increased Efficiency, Lower Operating Costs
Invoice Automation
e-Sign Division Order
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
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.”
“Exchange saves me about 50% of my time. You don’t realize how much time you spend on the phone, tracking the status of invoices for vendors until you stop doing it.”
“I don’t have to enter anything manually anymore. Now I just take a pile of invoices, scan them in on our big Xerox copier, and it just goes right into Pak Exchange. It automatically codes too. This has saved me a lot of time. In a month’s time, we do about 300 invoices, so I would say Exchange saves about 60% of my time.”
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“Not manually entering invoices saves me a lot of time. It used to take me at least a week to enter every invoice. Now it’s done in a day.”
PakEnergy Scales with Your Growth
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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
Automates O&G accounting, revenue distribution, JIBs, regulatory compliance and more
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Automates the dispatch & ticketing of bulk commodity haulers
