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

Website
https://www.beachenergy.com.au/

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

Results

New visibility has improved site-level accountability.

A centralized procurement system enabled effective spend controls, reduced waste, and boosted sustainability.

Digitization has replaced low-value manual invoicing allowing Accounts Payable to focus on value-added activity.

“Having visibility across expenditure will help us optimize our efficiency and add value into the business.”
— Hendrick Snyman, Chief Procurement Officer