Tightening Up Your Field Ticket to Pay Process by Capturing Data at the Source

New eBook: Sin #5 of the 10 Deadliest Sins of Oilfield Service Companies

By not capturing field data in real-time in the oilfield services industry, companies are often faced with delayed payments by customers measured in weeks, and sometimes months. Sound business practices demand a quicker and more accurate process. 

Check out this new eBook to learn about some best practices some of your peers in the industry have adopted to capture field data in real-time and collapse the time between doing a job and getting paid for the job.

The fact is, the use of paper field tickets brings huge operational and financial risk for two main reasons: 

1. It can take weeks for the field tickets to find their way back to the office. And even when they finally get there, the manual entry of field tickets invites mistakes, which often causes delays in payment by the customer. 
2. The use of paper field tickets denies management essential information on what’s going on in the field. If it takes four weeks to find out there’s a problem out there, it’s too late to do anything about it. You need this information in real time.