Oil & Gatsby Charity Ball - Dec 1 Request a Demo
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Pak Exchange Webinar WATCH NOW

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

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

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

Get a Demo

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 our customers significantly lower their operating costs and increase the efficiency of their back-office staff while providing better customer service for their vendors, owners, investors and partners,” said Brent J. Rhymes, CEO of PakEnergy. “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.”

Meet Tyler Barnett
tyler
Tyler Barnett | CFO, Clear Fork

“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.”

Meet Sabrina Salas
Sabrina Salas
Sabrina Salas | AP Manager, Clear Fork

 “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.” 

Meet Lea Ann
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Lea Ann Stevenson | TYGR Operating Company

“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.”

Deanna Hernandez | Forge Energy
Talk to The Pak
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

Ready to Empower your energy back office?

You deserve a complete & automated docs management platform purpose-built on cloud to bring order to paper data chaos and make your life easier

Request a Demo

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

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Accounting

Accounting

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

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Transportation

Transportation

Automates the dispatch & ticketing of bulk commodity haulers

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