Revolutionizing Contract Compliance
Prolarus delivers a unique contract compliance solution specifically designed for the unique needs of the oil and gas industry. Our solution ensures that the invoices you receive from your vendors get corrected before you incur the cost of overpaying. Drawing on decades of experience servicing the upstream and downstream oil and gas service provider industry gives Prolarus a unique perspective on solving this problem.
3-way and 4-way Invoice Matching
Automatically match all data attributes across the invoice and its respective field tickets, quotes and price book with Prolarus, and go from manual confirmation of some of your invoices to 100%.
Granular, Atomic Field Ticket Data
Move from PDF level field ticket data to detailed level data that be analyzed and queried. Gain valuable insight into operations across multiple Service Providers.
Cross-reference beyond the field ticket
A 3-way match does not reveal non-compliance resulting from an invoice created from a field ticket with mistakes. Identify non-compliance from documents used to create the field ticket.
Discover New Contract Items
Prolarus finds repeated use of one-off items entered manually on the invoice. This reduces the possibility that non-negotiated pricing and inconsistent data attributes are used.
Validate Cost+ Commodity Pricing
Fuel and chemical pricing can fluctuate daily providing another entry point for inaccurate billing and fraud. Prolarus detects inaccurate commodity pricing using 3rd party historical market data.
