Transforming A Client’s Procurement Operation into a “well-oiled” cost-savings machine.
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An independent oil and gas company, with a focus on unconventional reservoirs, Puridiom’s client attains its product through a combination of development drilling, exploitation of resources and property acquisitions. Headquartered in Texas, the company has multiple offices throughout the U.S. as well as a Canadian subsidiary.
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Business Challenge: Industry-recognized expertise in unconventional gas reservoirs made the client a leader in the development and production of natural gas, natural gas liquids and crude oil. But management realized that in the highly competitive oil business, efficient and effective spend management was not only essential, but also a tool that could be used to gain a competitive edge. The challenge was to convert a completely manual procurement process to a smoothly running automated procurement function with as little disruption as possible.
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With procurement operations located in Texas and Calgary, Canada, the client recognized that it needed an e-procurement solution that was versatile, easy-to-use and implement, and most importantly accessible from virtually anywhere. The company required a solution that could handle complex construction, acquisition and drilling contracts...
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