Smart AP™

for Energy

ENTERPRISE INVOICING SOLUTIONS

iQ Smart AP™ is optimized for the Energy industry. Our integrated AP platform is designed to automate more of your AP workflow and reduce the resources required to process invoices. iQ captures more accurate, timely, and useful transaction information from your vendors, and provides the tools allow your team to easily mine job-specific information relevant to them.

iQ's built-in project management layer and data analysis tools serve more stakeholders in the transaction workflow.

See how iQ Smart AP™ can work for you.

100

%

AP Invoices
Requiring Intervention

$

27

Average Cost to Manually
Process One Invoice

from $

1.75

Cost to Process One Invoice Using
iQ Smart AP

iQ Smart AP™ Can:

  • Eliminate paper invoice processes
  • Capture real-time transaction information from your vendors
  • Accurately track project costs in real time
  • Provide stakeholder access to transaction information
  • Actively engage with your vendors to manage your supply chain

If your organization is processing payable invoices using manually intensive workflows, iQ Smart AP™ can reduce your invoice processing cycle by up to 90%, while more than quadrupling the efficiency of existing staff.

iQ Smart AP™ Works for:

Upstream

iQ Smart AP™ provides the tools to effectively manage Oil and Gas projects. Whether you are tracking capital costs or operating expenses, we can help.

Midstream

iQ Smart AP™ provides powerful vendor and project management tools. You can easily create projects, administer smart vendor contracts and track all of your costs in one place.

Downstream

iQ Smart AP™ has the tools to help you manage projects, routine maintenance, and turnarounds. By capturing your costs in real-time, you can keep on top of your facilities.

Renewables

iQ Smart AP™ can supercharge AP for the Renewable Energy industry. Our mobile-optimized platform is ideal for remote sites and a workforce on the move.

Smart AP™  

Reduces Invoice Processing Costs

Reduce the time, cost and resources required to process AP invoices by up to 90%.
Increase your AP efficiency with more accurate vendor invoices and reduced rejection rates.
Capture real-time transaction information, reduce invoice cycle times and take advantage of early payment discounts.
Easily move your transaction data to a variety of end-points including ERPs, accounting systems, inventory management applications, and more.

Smart AP™ is

Intuitive and Easy-to-Use

Customizable user dashboards and task notifications helps your team to stay on top of their work.
Thoughtfully designed user workflows and modern, intuitive user interfaces make onboarding a breeze.
Video help, live chat and 24-hour support are there to backstop you.

Smart AP™

Uses Energy Data to Create Smart Projects

Our energy database contains over 1 million wells, facilities and pipeline segments in Western Canada that can be used to create Smart Projects. Our database is updated daily, so the most current information is always available.
Geographic co-ordinates are automatically established for all of your projects, so project transaction details can be accessed through our innovative mapping interface.
Track your project costs in real-time and monitor your project KPIs.
Easily export project financial data to other applications.
Securely store all of your project invoices and support documents in one accessible location on the iQ cloud.

Smart AP™

Helps you to Create Smart Vendor Contracts

Pre-approve pricelists for your vendors so you don't have to verify prices during the invoice approval process.
Easily convert quotations into Smart Vendor Contracts.
Apply custom rules to automate approvals for invoices meeting specific criteria.

Smart AP™

Reduces Vendor Onboarding and Support Costs

Our Software-as-a-Service (SaaS) vendor platform provides comprehensive onboarding tools for vendors.
All onboarding and support costs are included in vendor subscription fees.
We have affordable solutions for every vendor, regardless of their size or technical capabilities.
iQ makes it easy for you to stay connected with your vendors and manage your supply chain.

Smart AP™

Connects you with your Vendors

Our Software-as-a-Service (SaaS) platform provides a full digital connection between you and your vendors.
We provide a full range of invoice automation tools for your vendors to encourage them to participate in a fully digital invoice workflow.
The more connected vendors you have, the more you will benefit from AP automation and real-time transaction data.

Smart AP™

Connects your Team

Mobile-optimized to be used on any device.
Completely touchless and paperless process.
Your teams stays connected from any work location.
Unlimited permission-based access allows all stakeholders to actively participate in the AP process and access transaction information that is relevant to them.

Smart AP™ can

Capture Real-Time Transaction Data

Mobile optimized to capture real-time transaction information from any worksite.
Our next-generation data capture strategy allows you to access the transaction details provided by your vendors in real-time.
Track your project costs in real-time and make data-driven decisions using your most current transaction information.

Smart AP™

Helps you to make Data- Driven Decisions

Capture real-time, accurate transaction information to unleash the power of your data.
Permission-based access allows each of your team members to work with the transaction information that is relevant to them.
Built-in data management tools provide you with the capability to easily mine your transaction data and facilitate data-driven decisions.

How Can iQ Work for You?

Whether your focus is Finance, Accounting, Project Management, Operations or IT, iQ has something for you.

Finance, Accounting, Administration & Auditors

Project Management
& Operations

IT Service &
Support

Not sure which plan is right for you?

Let us help! Click below to view all of our pricing options.

Pricing Plans

Number of Documents per Month

0
2000
VIRTUOSO

-

-

PRODIGY

-

-

GENIUS

-

-

MENSA

-

-

*Annual savings based on $25 per invoice

Demonstration

Partner Program

iQommerce™ is currently searching for busy and progressive enterprise companies to participate in our Demonstration Partner Program!

Interested in what iQommerce™ has to offer?
Let's start by getting to know each other!

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