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Friday, March 12, 2010
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 GE Oil & Gas Case Study

 

GE Oil & Gas implements PIDX delivery of invoices using EE-B2B resulting in faster turnaround on invoice payments and early detection of data entry errors.

 

GE Oil & Gas is a leading supplier of products, systems and services for onshore and offshore drilling and production. GE Oil & Gas automated its invoicing using EE-B2B to quickly meet PIDX compliance on the sell side at the request of Chevron, its top buyer. EE-B2B, which ties into Chevron's ARIBA system, provides immediate, efficient, and direct connection between applications and businesses. Improvements range from faster turnaround on invoice payments to early detection of data entry errors.

 

Challenge: GE Oil & Gas wanted to quickly meet PIDX compliance on the sell side at the request of Chevron, its top buyer. GE Oil & Gas needed to implement a PIDX enabled transaction system quickly and without months of disruption to their internal systems. They wanted a solution to automate its invoicing, without being too intrusive or disruptive to current systems.

 

Stone Bond’s Solution: EE-B2B, Stone Bond’s Enterprise Enabler for B2B is an off the shelf, easy to deploy solution that includes a library of trading partner-specific, pre-built business process templates that significantly reduce deployment time and cost. EE-B2B complies with the Petroleum Industry Data Exchange (PIDX) standard.

 

Benefits: GE Oil & Gas found their automation and integration so successful that they have started requesting their own sellers comply with PIDX standards. Implementing EE-B2B has changed the way they do business. The integration provided for immediate, efficient, direct connection between applications and businesses. Improvements ranged from faster turnaround on invoice payments to early detection of data entry errors. Not only did they find time-saving changes in invoicing, but they saw benefits on a broader scale. In the end, GE Oil & Gas has begun to encourage its own suppliers to integrate their systems for better communications.

   

 
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