Beach Energy Updates and Streamlines, Exceeding Synergy Goals
Disparate systems, rapid growth, and the pandemic motivated Beach Energy to leverage Coupa for more consistency, control, visibility, and savings, company-wide.
Company Overview
Beach Energy is Australia’s leading mid-cap oil and gas exploration and production company.
Headquarters
Adelaide, Australia
Employees
10,000-25,000
Customer Website
Value as a Service
150%
Acquisition Synergy Targets Reached
65%
On-Contract Spend Attained
85%
of Spend Digitized
Challenge
Tripling in size in a year necessitated a centralized system.
Covid-19 amplified the need to refine spend controls as oil prices dropped.
Disparate systems led to lack of visibility and waste from inefficiency.
Result
New visibility has improved site-level accountability.
A centralized procurement system enabled effective spend controls.
Digitization has replaced low-value manual invoicing allowing Accounts Payable to focus on value-added activity.
