2024-2025 | 3 Openinvoice alternatives for invoice Automation
Introduction: The landscape of oil and gas invoice automation is evolving. While OpenInvoice has been the go-to for transitioning from paper to digital, newer companies are stepping up, claiming they can do better. Let’s dive into three such companies shaking things up.
1. Joltly: Simplifying Invoices with Smart Tech
At Joltly, a company I started with my partner Corban Anderson in 2024, we’re taking a fresh approach to invoice automation. We use AI to streamline the entire invoicing process—everything from submission to payment winds up automated. What’s more, Joltly fits right into your existing systems with native integrations for QuickBooks and Quorum, plus flexible CSV options for everything else.
2. Stampli: User-Friendly with Flexible Payments
Stampli is one of the hottest invoice automation companies in the US, and that is carrying over to Oil and Gas. It allows for you to set approvals and make payments right from the platform. They integrate with softwares like OGsys through CSV import and exports. One thing to keep in mind is that they are not purpose built for the energy sector, so things may get tricky when importing information such as Well Decks and AFEs.
3. Docview: Tailored for Pakenergy Users
Since being acquired by Pakenergy, Docview has become the ideal tool for companies within that ecosystem, automating invoicing with solid support. It’s a breeze if you’re already using Pakenergy’s tools, but if you’re not, it might not be the best fit.
Conclusion: Switching to a new invoice automation tool can save you time and money. Options like Joltly, Stampli, and Docview offer modern features that might align better with your current needs than OpenInvoice. Embracing these new tools can significantly boost your operational efficiency and competitiveness
Get quick answers to common queries in our FAQs.
JEL Resources example:
In the Roughneck tier, the user processes 25 documents, makes 10 ACH payments, and sends 2 checks. The total cost includes the $250 base fee for the Roughneck tier, $37.25 for document processing, $4.90 in ACH fees, and $3.98 for check-sending fees. Altogether, the total comes to $296.13.
Energy Investments example:
In the Wildcatter tier, the user processes 100 documents, makes 50 ACH payments, and sends 10 checks. The total cost includes the $500 base fee for the Wildcatter tier, $149 for document processing, $24.50 in ACH fees, and $19.90 for check-sending fees. Altogether, the total comes to $693.40.
Joltly aims for broad compatibility, especially targeting integration with major ERPs in the energy sector. We're dedicated to customizing these integrations to fit your exact needs for seamless financial operations.
Joltly streamlines your onboarding with dedicated Slack channels or email chains, offering immediate, tailored support from our team to address any setup queries or issues, ensuring a seamless integration process.
Yes, Joltly can be personalized to fit your business's unique needs, offering customizable workflows, reporting, and dashboard features to match your specific financial processes and requirements.
Give Joltly a try and see for yourself if it's a good fit for Saas needs.
