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Vetco Gray

Vetco Gray implements PIDX delivery of invoices using EE-B2B resulting in faster turnaround on invoice payments and early detection of data entry errors.

"Stone Bond helped us to avoid the high costs and slow implementation of other solutions while it tightly adapted EE-B2B to Vetco Gray’s specific requirements, and to those of our business partner. The system was so easy to setup that we will begin using it to automate the invoicing from our own suppliers."

- Paul Krueger, CIO of Vetco Gray

Challenge: Vetco Gray wanted to quickly meet PIDX compliance on the sell side at the request of Chevron, its top buyer. Vetco Gray 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: Vetco Gray 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, Vetco Gray has begun to encourage its own suppliers to integrate their systems for better communications.

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