Coupa Spend Management for Oil and gas Companies

Optimize Your Upstream, Midstream and Downstream Oil and Gas Spending Controls.

The World's Leading Oil & Gas Companies Choose Coupa Business Spend Management

Cost Control and Savings
The platform offers tools to optimize spending and identify cost-saving opportunities. This is crucial for oil and gas companies, which often have high operating expenses and capital expenditures.
Compliance and Risk Management
The platform offers tools to optimize spending and identify cost-saving opportunities. This is crucial for oil and gas companies, which often have high operating expenses and capital expenditures.
Sustainability and Corporate Responsibility
Coupa's platform supports initiatives for sustainability and responsible sourcing, which are increasingly important for oil and gas companies facing environmental and social governance (ESG) pressures.

Advanced Spend Management Solutions for Oil & Gas Companies

Capital Project Management

Coupa helps manage large-scale capital projects by providing tools for budget tracking, procurement planning, and cost control. This is critical for exploration and drilling activities, where expenses are high and project timelines are long.

Supplier Collaboration

Coupa enhances collaboration with suppliers of drilling equipment, rigs, and other critical materials. It ensures timely delivery and quality compliance, which are crucial for minimizing downtime and operational disruptions.

Regulatory Compliance

Coupa helps upstream companies stay compliant with environmental and safety regulations by providing robust documentation and reporting tools. This ensures adherence to local and international standards.

Risk Mitigation

By offering comprehensive risk management features, Coupa enables companies to identify and mitigate risks related to supplier performance, geopolitical factors, and market fluctuations.

Logistics Management

Coupa aids in optimizing logistics and transportation processes. This includes managing contracts with shipping companies, monitoring fuel costs, and ensuring timely and safe delivery of oil and gas.

Inventory Control

The platform provides real-time visibility into inventory levels, helping midstream companies manage storage facilities efficiently and avoid overstocking or stockouts.

Contract Management

Coupa’s contract management features help midstream companies manage agreements with pipeline operators, storage facilities, and other service providers, ensuring compliance and optimizing terms.

Operational Efficiency

By streamlining procurement and spend management processes, Coupa helps midstream companies reduce operational costs and improve efficiency in transporting and storing oil and gas.

Procurement Optimization

Coupa enables downstream companies to optimize their procurement processes, ensuring they get the best prices and terms for raw materials, chemicals, and other inputs required for refining processes.

Spend Visibility

The platform provides detailed insights into spending across different refineries and distribution centres and transit locations, helping companies identify cost-saving opportunities and budget more effectively.

Supplier Performance Management

Coupa helps monitor and evaluate the performance of suppliers of refining equipment, chemicals, and other essential materials, ensuring high quality and reliability and continued supplier performance.

Regulatory and Environmental Compliance

Downstream companies face stringent environmental regulations. Coupa’s compliance tools help track and report on regulatory requirements, ensuring adherence to environmental standards.

Download the Ultimate Guide to Coupa for Oil & Gas

Coupa Oil and Gas Edition
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Explore Coupa's Modules

Invoicing Automation

Coupa Invoicing Automation streamlines invoicing, ensuring accuracy and compliance while reducing manual errors and costs.

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Spend Guard

Coupa Spend Guard enhances spend management by using AI to detect fraud and ensure compliance in real-time.

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Payments Automation

Coupa Payments Automation streamlines payment processes, reducing manual effort and minimizing errors for timely, accurate transactions.

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Travel &
Expense

Coupa Travel and Expense Management simplifies bookings and ensures policy compliance, saving time and reducing costs.

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Contingent Workforce Management

Coupa's Contingent Workforce module offers unparalleled visibility and control, enhancing decision-making and productivity in managing contingent labor.

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Planning & Budgeting

The Coupa Planning and Budgeting Module gives accurate foresight into spend requirements helping managers to ensure spending is in line with organizational budgets.

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Business Expense Management

Coupa's Expense Management module allows companies to gain greater control of their teams business related expenses.

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Strategic Sourcing

Coupa's Strategic Sourcing functionality allows users to access an up-to-date database of supplier information across a range of product and service categories.

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Invoicing
Automation

Coupa Invoicing Automation streamlines invoicing, ensuring accuracy and compliance while reducing manual errors and costs.

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Strategic Sourcing

Coupa's Strategic Sourcing functionality allows users to access an up-to-date database of supplier information across a range of product and service categories.

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Free Coupa Resources

Customer Success

Beach Energy Updates and Streamlines, Exceeding Synergy Goals

150%Acquisition Synergy Targets Reached
65%On-Contract Spend Attained
85%of Spend Digitized

Transform Your Oil & Gas Operations with Coupa

Unlock unprecedented efficiency, cost savings, and compliance with Coupa's comprehensive Spend Management Platform. Whether you're navigating the complexities of upstream exploration, optimizing midstream logistics, or refining downstream distribution, Coupa provides tailored solutions to meet your unique challenges.

Ready to Revolutionize Your Spend Management?

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