E-Procurement For Energy, Gas and Oil
Build stronger and faster suppliers relationships
Start your transition to a smart Gas and Oil company
Become a digital leader in the oil and gas industry with Sourcing Force. Ready to use service that delivers end-to-end business processes for your industry and accelerate integration as well as reduce risk. Get ready for your digital transformation with Sourcing Force services for Energy, Oil & Gas. Our applications provide the business capabilities that oil and gas product companies need to run their organization and bring smart technology to your processes to streamline existing workflows, optimize decisions, maximize revenue, improve customer experience, and reduce risk.
Sourcing Force transforms your sourcing processes
360°
Team members have access to the platform and get a 360° view into resources, suppliers and spend.
1 000
Over a thousand users including leading companies have used our tools for their digitization
30%
That’s how much you can save by choosing our e-procurement suite for your organization.
« Our procurement modules have been developed and customized with Sourcing Force through a really effective collaboration. We use it on a daily basis ever since. »
Procurement Manager
United Technologies Corporation
Source-to-Pay solution tailored to your needs
Modernize and speed up oil and gas production processes. Connect suppliers and buyers on a digital network to simplify processes and improve efficiencies by strengthening security, cost management, and agility. Optimizing workflows is key to improving business performance for energy companies.
Learn more about how Sourcing Force simplifies processes for the Energy, Gas and Oil industry
Fast integration and automation
Eliminate lag in execution times to increase productivity and reduce capital to be able to respond more quickly to market changes. Sourcing Force platform is used to enable rapid connections to external parties and help oil and gas companies transform into smart organizations through fast business applications that use innovative technologies and can be extended on Sourcing Force Cloud Platform.
Learn how Energy organizations use our Strategic Sourcing tools
Achieve Procurement Strategies
Simplify your workflow
Sourcing Force combines multiple tool into one and allows your company to reduce paperwork and streamline your contract processes
Eliminate human error
Enter data manually like invoices, PO’s or deliveries can be a nightmare and turn into a potential mess. Without any automation tool, each purchase may go through several manual processes and you might easily lose track of some key data eventually. Sourcing Force helps your business organize and build well-defined automated workflows
Rationalize decision-making
Achieve much of the decision-making workflow with almost no effort. Sourcing Force brings your procurement strategy transparency, procurement managers know exactly who placed a request and what vendor is providing the resources.
Achieve cost savings
Sourcing Force’s automation tools improve processing time and considerably minimize errors to help your organization save money and increase productivity. For instance, you will be able to avoid payment delays that could lead your company to interrupt workflows and ensure that all of your payment are processed on time using Sourcing Force
Collaborate with suppliers
Collaborate closely with your suppliers and create more value for your company. Sourcing Force collect data through a SPM solution that can help your business provide suppliers with an idea of what is important to your organization.
Why is SRM so important for Energy, Gas & Oil Industries ?
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Latest Procurement Insights
Optimal Spend Analysis – How to Leverage Multiple Data Classifications?
Focusing on Business Specific Category Sourcing Groups is key, with or without UNSPSC. Transforming raw Spend and Supplier data from payment and purchasing systems and reclassifying it into common, meaningful sourcing categories creates significant visibility and...
Turn Identified Savings Into Realized Savings and Prevent Spend Leakage
1. Does your company have an eProcurement system?If not, thoroughly investigate the significant savings that such a system can deliver. Most vendors are happy to provide you with an ROI analysis of your spend free of charge. This should be of particular interest if...
What is Procurement ?
All You Need To Know About ProcurementProcurement (or purchasing) is the process for an organization to obtain products or services from external parties (market supply) to ensure that production and business activities are smoothly carried out. Procurement practices...