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
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