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The CovalentWorks Difference
Managed Services
Technology
Punch Out & RoundTrip
Business Process ROI CalculatorIndustrial suppliers to energy companies, including Oil and Gas, E&P (Exploration and Production), Drilling, pipelines, Majors, Services, Manufactors, and Distributors, are discovering the benefits of sending and receiving electronic documents with their partners. Companies in the industrial supply and demand chain are increasing the accuracy of their B2B commerce processes and reducing costs through electronic purchase orders, invoices and shipping notices.
Inefficiencies
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Every day suppliers send and receive hundreds of thousands of phone calls, mailed documents and faxes. Suppliers sell to other suppliers and manufacturing companies, services companies, distribution companies, upstream energy companies, midstream energy companies, downstream energy companies, manufacturing, and utilities. |
Typical Processing Scenario
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An inefficient, redundant and never ending manual effort is required by suppliers and their customers to manually communicate, manage and correlate the flow of orders, Invoices, shipping notices, and payments. The same information is discussed and written over and over. Errors are made. Orders are lost. Cost codes are wrong. Line items are incorrect. Receipts do not match Invoices. Customer forecasts are misunderstood. The single largest technology change in the past twenty years to these processes was the introduction of the fax machine. There has to be a better way. There is. |
Covalent Works - Problem Solved
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CovalentWorks solutions solve problems and improve efficiency. Commerce information is:
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CovalentWorks solutions connect your people and your back office applications with your partners' applications and people.
The result is more efficiency for you and your partners. B2B commerce information flows freely. Errors are greatly reduced. Orders are processed faster. Purchase Orders, Receipts and Invoices match. Cost codes are correct and Invoices are processed faster.
