Oildex's Posts - GoMarcellusShale.com2024-03-29T11:26:37ZOildexhttps://gomarcellusshale.com/profile/Oildexhttps://storage.ning.com/topology/rest/1.0/file/get/63890662?profile=RESIZE_48X48&width=48&height=48&crop=1%3A1https://gomarcellusshale.com/profiles/blog/feed?user=06s3versrx1st&xn_auth=noOildex Announces Refreshed Brand Identity and Websitetag:gomarcellusshale.com,2014-08-05:2274639:BlogPost:6082782014-08-05T15:23:46.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><em>Cloud-based document exchange and workflow provider for oil and gas industry marks a new chapter with modern visual identity</em></p>
<p>DENVER and HOUSTON – August 5, 2014 – Oildex, the premier cloud-based document exchange and workflow provider connecting the oil and gas industry, is pleased to announce a refreshed brand. A new logo, tagline, reinvented website, and updated customer materials have been redesigned to reflect a new chapter for Oildex. The refreshed brand conveys the…</p>
<p><em>Cloud-based document exchange and workflow provider for oil and gas industry marks a new chapter with modern visual identity</em></p>
<p>DENVER and HOUSTON – August 5, 2014 – Oildex, the premier cloud-based document exchange and workflow provider connecting the oil and gas industry, is pleased to announce a refreshed brand. A new logo, tagline, reinvented website, and updated customer materials have been redesigned to reflect a new chapter for Oildex. The refreshed brand conveys the confluence of key constituents in the oil and gas industry and the importance of building connections between operators, suppliers and owners.</p>
<p>“For over 15 years, Oildex has revolutionized the oil and gas industry by transforming paper-based processes into electronic exchanges and automated workflows,” said Oildex CEO, Richard D. Slack. “Over the past two years, Oildex has refocused its business, brought in great new talent, adopted new development and customer service processes and attracted new equity investment. With all of these improvements, and the continued growth in our business, we have initiated an exciting new chapter at Oildex, and now our brand projects the same sentiment.”</p>
<p>Oildex’s new logo is a modern abstract representing connectivity, community and collaboration. Accompanied by the tagline, “It pays to be well connected,” Oildex’s refreshed identity embodies the company’s extensive community of oil and gas specific suppliers, owners and operators. Oildex customers leverage this network to improve operational efficiency, gain better visibility into cash management and create more profitable business relationships.</p>
<p>Oildex’s re-architected website, now live at <a href="http://www.oildex.com">www.oildex.com</a>, echoes the company’s modern identity. Those who visit the Oildex site will notice an enhanced look, feel and simplified user experience.</p>
<p>Mr. Slack comments, “I’m excited about the future of Oildex and our investment in a refreshed brand signals to our customers, our partners and the market, Oildex’s continued commitment to creating better business relations for oil and gas constituents. Most importantly, as Oildex enters this new chapter we will continue to focus on growing our position as a market leader in oil and gas through continued service improvement and the commitment to better serve our customers.”</p>
<p>About Oildex<br/>Oildex, a service of Transzap, Inc., provides electronic document exchange and workflow software to over 7,900 companies and 130,000 registered users in the oil and gas industry. Oildex’s extensive community of oil and gas suppliers, owners and operators, easily adopted technology and unsurpassed industry expertise and service quality, enables customers to improve operational efficiency, have better visibility into cash management and create more profitable business relationships. Oildex’s Accounts Payable, Revenue and Owner Relations solutions include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ – CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ – CODE), gas plant statement reporting (Gas Plant Exchange™ – GPEX) and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information on Oildex and its solutions, please visit <a href="http://www.oildex.com">www.oildex.com</a>.</p>Oildex Ranked One of Denver’s Best Software Developerstag:gomarcellusshale.com,2014-04-29:2274639:BlogPost:5726272014-04-29T12:41:36.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p class="releaseDateline">Oil and Gas Data Exchange and Workflow Provider Recognized for Software Development Leadership</p>
<p class="releaseDateline">Denver and Houston (PRWEB) April 29, 2014 - <a href="http://www.oildex.com/" rel="nofollow" title="Oildex">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the Denver Business Journal recognized Oildex as one of the top software development companies in the Denver-area.…</p>
<p class="releaseDateline">Oil and Gas Data Exchange and Workflow Provider Recognized for Software Development Leadership</p>
<p class="releaseDateline">Denver and Houston (PRWEB) April 29, 2014 - <a title="Oildex" href="http://www.oildex.com/" rel="nofollow">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the Denver Business Journal recognized Oildex as one of the top software development companies in the Denver-area. This is the third time Oildex was recognized by the Denver Business Journal for software development leadership.</p>
<p>Based on more than 20% Y/Y revenue growth, Oildex ranked #4 on this year’s list of Top Software Developers, up two positions from its previous ranking. Oildex’s strong revenue growth is attributed to a record-breaking year of customer adoption.</p>
<p>This honor comes as Oildex continues to deliver on its ambitious development roadmap of new products, features and enhancements – all designed to improve operational efficiency, better visibility into cash management and more profitable business relations for upstream oil and gas customers.</p>
<p>“Oildex is honored to be recognized as one of the top software developers in the Denver-area. This achievement further validates the momentum we are experiencing within the market,” said Mike Weiss, Oildex Vice President of Engineering. “Paired with Oildex’s strategy for continued growth, there is much more ahead for Oildex, and more importantly, our community of oil and gas operators, their suppliers and partners.”</p>
<p>About Oildex <br/>Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations enabling companies to shift from paper-based processes to electronic and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit <a title="Oildex" href="http://www.oildex.com/" rel="nofollow">http://www.oildex.com</a>.</p>Oildex Announces Strategic Equity Partnership with Accel-KKRtag:gomarcellusshale.com,2014-02-24:2274639:BlogPost:5512392014-02-24T15:08:14.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p id="yui_3_9_1_1_1393252985649_1317"><em>Technology-focused private equity firm invests in the growth of leading oil and gas information management platform provider</em></p>
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<p>DENVER & HOUSTON--…</p>
<p id="yui_3_9_1_1_1393252985649_1317"><em>Technology-focused private equity firm invests in the growth of leading oil and gas information management platform provider</em></p>
<p></p>
<p>DENVER & HOUSTON-- <a id="yui_3_9_1_1_1393252985649_1359" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.transzap.com%2F&esheet=50809570&newsitemid=20140224005229&lan=en-US&anchor=Transzap%2C+Inc.&index=1&md5=25edb7224548567e24d9ccbbc8a2cc93" rel="nofollow" name="yui_3_9_1_1_1393252985649_1359">Transzap, Inc.</a>, the provider of <a id="yui_3_9_1_1_1393252985649_1357" href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.oildex.com%2F&esheet=50809570&newsitemid=20140224005229&lan=en-US&anchor=Oildex&index=2&md5=18e5574884b2b2e81085d1a061f1934e" rel="nofollow" name="yui_3_9_1_1_1393252985649_1357">Oildex</a> smart information management solutions for the oil and gas industry, announced today it has received a majority equity investment to support its strategic growth from Accel-KKR, a leading technology-focused private equity firm. The new partnership enables Oildex to make continued investments in its customers, existing solutions, new product development initiatives and market expansion.</p>
<p id="yui_3_9_1_1_1393252985649_823">“Oildex’s reputation for delivering innovative cloud-based data exchange and process automation solutions to oil and gas company clients gave us the opportunity to choose from many interested partners,” said Richard Slack, CEO of Transzap. “We quickly became convinced Accel-KKR will provide the support Oildex needs to break new ground and we are excited to team with them to further drive growth and continue our industry leadership.”</p>
<p id="yui_3_9_1_1_1393252985649_1004">Oildex views Accel-KKR’s interest as an affirmation of the strength of its business automation solutions and data exchange platform and a reinforcement of the important role that these solutions play in the dynamic oil and gas market. As consolidation has changed the competitive landscape, Oildex remains strictly focused on delivering innovative cloud-based data management solutions and information platform to streamline oil and gas operational accounting processes, share knowledge, provide better visibility into cash management and support more profitable business relationships.</p>
<p id="geom_inter_59_1393253361757_67">“Oildex has demonstrated all the characteristics that Accel-KKR looks for: a top management team, proven market leadership, a world-class client base, a superior service delivery model and an industry-leading technology platform,” said Tom Barnds, Managing Director at Accel-KKR.</p>
<p id="yui_3_9_1_1_1393252985649_1440">“Rick and his team have demonstrated success in driving sustained and scalable growth,” added Dean Jacobson, Principal at Accel-KKR. “We look forward to bringing our considerable network to bear and working in partnership with Oildex’s capable, experienced management team to facilitate the execution of Oildex’s ambitious growth plan.”</p>
<p id="yui_3_9_1_1_1393252985649_1441">Joe Porten, Vice President at Accel-KKR, will join Barnds and Jacobson as the newest members of Oildex’s board of directors.</p>
<p id="yui_3_9_1_1_1393252985649_1442">Vaquero Capital LLC served as financial advisor to Transzap in connection with this transaction. The terms of the deal were not disclosed.</p>
<p id="yui_3_9_1_1_1393252985649_1443"><b>About Accel-KKR</b></p>
<p>Accel-KKR is a technology-focused private equity firm with $2.3 billion in assets under management. The firm invests primarily in software and technology-enabled businesses well positioned for topline and bottom-line growth. At the core of Accel-KKR's investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through the significant resources available through the Accel-KKR network. Accel-KKR has a particular focus on buyouts and recapitalizations of family-owned or closely-held private companies, going-private transactions and divisional buyouts of larger companies. It invests across a range of structures, functions as minority or majority investors and commits a wide range of capital – from less than $10 million to over $100 million. The firm has offices in Menlo Park and Atlanta. For more information, please visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.accel-kkr.com&esheet=50809570&newsitemid=20140224005229&lan=en-US&anchor=www.accel-kkr.com&index=3&md5=14559087ad54b40fa5afb83cba15a064" rel="nofollow">www.accel-kkr.com</a>.</p>
<p><b>About Transzap, Inc.</b></p>
<p>Transzap, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based to electronic processes and provides tools for companies to track and understand their transactions in near-real time. Oildex has offices in Denver and Houston. For more information, please visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.transzap.com&esheet=50809570&newsitemid=20140224005229&lan=en-US&anchor=www.transzap.com&index=4&md5=d9aab6259722f8da3a7749fa5a8c7efb" rel="nofollow">www.transzap.com</a> or <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.oildex.com&esheet=50809570&newsitemid=20140224005229&lan=en-US&anchor=www.oildex.com&index=5&md5=cec17e9f6951d62825e48ca2ff6c473e" rel="nofollow">www.oildex.com</a>.</p>
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<div class="contact-info" id="yui_3_9_1_1_1393252985649_1445">Contact:<div id="yui_3_9_1_1_1393252985649_1444"><b>Transzap & Oildex Contact:</b><br/>Courtney Brewer, 303-222-6139<br/>Marketing and Public Relations Manager<br/><a id="yui_3_9_1_1_1393252985649_1446" href="mailto:cbrewer@oildex.com" name="yui_3_9_1_1_1393252985649_1446">cbrewer@oildex.com</a></div>
</div>OILDEX RELEASES MOBILE INVOICE TECHNOLOGY FOR SPENDWORKStag:gomarcellusshale.com,2013-12-10:2274639:BlogPost:5245562013-12-10T12:49:53.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><span>Industry Cloud Provider Delivers one of the First Mobility Solutions for Oil and Gas A/P Workflow</span></p>
<p>DENVER, Dec. 10, 2013 (GLOBE NEWSWIRE) -- <a href="http://globenewswire.com/Tracker?data=gh9iaeaBE7f0E-aejUXqumviXPXEQJkJSBp0kL2JOar0W04kOdZJSfQAWtp6w5tt" rel="nofollow" target="_blank" title="Oildex">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the release of Spendworks Mobile Approval, one of the…</p>
<p><span>Industry Cloud Provider Delivers one of the First Mobility Solutions for Oil and Gas A/P Workflow</span></p>
<p>DENVER, Dec. 10, 2013 (GLOBE NEWSWIRE) -- <a title="Oildex" href="http://globenewswire.com/Tracker?data=gh9iaeaBE7f0E-aejUXqumviXPXEQJkJSBp0kL2JOar0W04kOdZJSfQAWtp6w5tt" target="_blank" rel="nofollow">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the release of Spendworks Mobile Approval, one of the first mobile invoice solutions designed specifically for E &P operators. Spendworks Mobile Approval is a complimentary feature of Oildex's eInvoice delivery and workflow solution, Spendworks 4, which is proven to speed up the accounts payable cycle.<br/><br/> Oildex understands the real work in the oil and gas industry does not happen behind a desk but in the field and on the go. With Oildex's new Mobile Approval feature, companies maximize productivity with anytime, anywhere access to Spendworks. Users review, approve, comment and route vendor invoices using iOS and Android powered smartphones and tablets. On-the-go convenience to invoices means shortened approval cycles, greater opportunity to capture early payment discounts and better cash flow management.<br/><br/> "To make on-the-go employees more productive, the oil and gas industry is becoming increasingly reliant on mobile devices like smart phones and tablets," said Michael Corbett, Oildex VP of Marketing and Product Management. "Oildex's new Spendworks Mobile Approval solution puts the power of the desktop into the hands of operational staff, wherever they may be. Spendworks Mobile Approval is another example of what Oildex is doing to help move the oil and gas back office to the forefront of business productivity."<br/><br/> About Oildex</p>
<p>Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit <a href="http://globenewswire.com/Tracker?data=K51tenFBELNsbJjS4jXerHJJk24E9SF-GlBcFyY6KeTpKH1oNEuKKITUUigIPW-T" target="_top">www.oildex.com</a><a title="Oildex" href="http://www.oildex.com/" target="_blank" rel="nofollow">.</a></p>OILDEX RELEASES ENHANCED VERSION OF eINVOICING PLATFORM FOR SUPPLIERStag:gomarcellusshale.com,2013-12-03:2274639:BlogPost:5225752013-12-03T12:55:33.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<h4 class="subheadline">Oildex Invests in Oil and Gas Supplier Community with Upgraded Interface, Features and Functions</h4>
<p><span>DENVER, Dec. 2, 2013 (GLOBE NEWSWIRE) -- </span><a href="http://globenewswire.com/Tracker?data=rmbG39EcMyMi70LkZotLK9fD_1p_kn4Eh89jCz9RPZWIRgoss7MqO6qWQuFze6Qv" rel="nofollow" target="_blank" title="Oildex">Oildex</a><span>, the innovator of smart information management solutions for the Oil and Gas industry, is pleased to announce the release of its enhanced…</span></p>
<h4 class="subheadline">Oildex Invests in Oil and Gas Supplier Community with Upgraded Interface, Features and Functions</h4>
<p><span>DENVER, Dec. 2, 2013 (GLOBE NEWSWIRE) -- </span><a href="http://globenewswire.com/Tracker?data=rmbG39EcMyMi70LkZotLK9fD_1p_kn4Eh89jCz9RPZWIRgoss7MqO6qWQuFze6Qv" target="_blank" title="Oildex" rel="nofollow">Oildex</a><span>, the innovator of smart information management solutions for the Oil and Gas industry, is pleased to announce the release of its enhanced online invoicing application for suppliers submitting electronic invoices through the Oildex platform.</span><br/><br/><span>Oildex's enhanced eInvoicing platform includes a new user interface and new account features designed to improve productivity between suppliers and operators. In addition, the new functions deployed in this release will help suppliers better manage and reconcile electronic invoices submitted to customers. This release demonstrates Oildex's commitment to building a large oil and gas specific supplier network that is not just connected, but actively delivering a high percentage of electronic invoices to Oildex's A/P automation solution, Spendworks.</span><br/><span> </span><br/><span>In a recent survey, more than 91% of suppliers preferred Oildex's new application, saying it is "clean and modern looking," "easier to navigate and search" and that they "prefer it over other eInvoicing portals."</span><br/><span> </span><br/><span>"Oildex's devoted Vendor Services Team works every day to understand and implement the needs of Oil and Gas Suppliers," said Director of Customer Service, Tammie Hogan. "From the flexibility of the various eInvoicing options to one-on-one training and support, Oildex understands the importance of suppliers in the supply chain and works to encourage participation in its growing community."</span><br/><span> </span><br/><span>About Oildex</span><br/><span>Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit </span><a href="http://www.oildex.com/" target="_blank" title="Oildex" rel="nofollow"></a><a href="http://globenewswire.com/Tracker?data=NP4EMlxiSUoiac6gvYU4Uwv_dNx96vPJnON7tnzhiq6QgLPE7TeojhLDLqBGWr-_" target="_top">www.oildex.com</a><span>.</span></p>Oildex Announces Record Breaking Growth For 2013tag:gomarcellusshale.com,2013-11-25:2274639:BlogPost:5207412013-11-25T14:49:03.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<div class="scroll-pane3" id="pane13" style="top: 0px; width: 611px; height: auto; overflow: visible; padding-right: 12px; xg-p: absolute;"><i>Oil and Gas Cloud Provider Exceeds Previous Milestones in Total, Operational and CDEX Revenue</i> <br></br><br></br><b>DENVER and HOUSTON − November 25, 2013</b> - <a href="http://www.oildex.com/">Oildex</a>, the cloud-based provider of smart information management solutions for the Oil and Gas industry, is pleased to announce record breaking growth in October,…</div>
<div class="scroll-pane3" id="pane13" style="top: 0px; width: 611px; height: auto; overflow: visible; padding-right: 12px; xg-p: absolute;"><i>Oil and Gas Cloud Provider Exceeds Previous Milestones in Total, Operational and CDEX Revenue</i> <br/><br/><b>DENVER and HOUSTON − November 25, 2013</b> - <a href="http://www.oildex.com/">Oildex</a>, the cloud-based provider of smart information management solutions for the Oil and Gas industry, is pleased to announce record breaking growth in October, 2013 across the business including revenue and transactional volume. <br/><br/>Results show Oildex had its best month ever in October 2013 including total monthly revenue growth of 18% over 2012 YTD and an operating revenue increase of 23% compared to 2012 for the same period. On a product level, Checkstub Connect (CDEX) revenue grew 23% month-to-month compared to September, 2013. <br/><br/>These revenue numbers can be attributed to strong growth in business fundamentals including: <br/><br/><ul>
<li>Checkstub Connect (CDEX) line count grew over 12% month-over-month compared to September, 2013</li>
<li>Spendworks invoice count reached a new monthly record with a month-over-month increase of 17% compared to last month</li>
</ul>
<br/>In addition to these records, Oildex saw an increase in sales momentum for their Spendworks product having received commitment from several new customers in October and have seen their oil and gas specific supplier network grow 23% in 2013. <br/><br/>“The substantial growth that we are seeing this year is a direct result of the significant investments we have made in prior months and years in our people and products,” said Richard D. Slack, CEO and President of Oildex. “While we are very proud of these results, I am equally excited about how they position Oildex for even greater growth in 2014.”</div>
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<p><a class="jScrollArrowUp disabled" style="width: 12px;">Scroll up</a><a class="jScrollArrowDown" style="width: 12px;">Scroll down</a></p>Oildex Recognized as One of the World’s Largest Software Companiestag:gomarcellusshale.com,2013-09-26:2274639:BlogPost:5036012013-09-26T12:33:33.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><i>Software Magazine Names Oildex to the Software 500 for the Second Year in a Row</i></p>
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<p><b>DENVER and HOUSTON, September 26, 2013 –</b><a href="http://www.oildex.com">Oildex</a>, the cloud-based provider of smart information management solutions for the Oil and Gas industry, is pleased to announce it has been recognized as one of the largest software companies in the World by <i>Software Magazine</i>. This is the second year in a row that Oildex has received this honor,…</p>
<p><i>Software Magazine Names Oildex to the Software 500 for the Second Year in a Row</i></p>
<p><b> </b></p>
<p><b>DENVER and HOUSTON, September 26, 2013 –</b><a href="http://www.oildex.com">Oildex</a>, the cloud-based provider of smart information management solutions for the Oil and Gas industry, is pleased to announce it has been recognized as one of the largest software companies in the World by <i>Software Magazine</i>. This is the second year in a row that Oildex has received this honor, and with significant 2012 revenue growth, Oildex has moved up the rankings to number 442.</p>
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<p class="PlainText1">The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.</p>
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<p>“The Software 500 is a quick reference of vendor viability. It helps CIOs, senior IT managers, and IT staff create a short list of business partners,” says John P. Desmond, Editor, <i>Software Magazine</i>.</p>
<p> </p>
<p>“We are honored to be included in <i>Software Magazine’s</i> Software 500," said Michael Corbett, Vice President of Marketing, Oildex. “Oildex's continued growth and market leadership are the direct result of the company's commitment to deliver quality services that dramatically reduce costs and simplify business operations.”</p>
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<p class="Heading2AA"><b>About Software Magazine and Rockport Custom Publishing</b></p>
<p class="Heading2AA"><a href="http://www.softwaremag.com">Software Magazine</a> has been a brand name in the high-tech industry for more than 37 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing.</p>
<p> </p>
<p>Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: <a href="http://www.rockportpubs.com">www.rockportpubs.com</a>.</p>
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<p><b>About Transzap, Inc.<br/></b>Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">www.transzap.com</a> or <a href="http://www.oildex.com">www.oildex.com</a>.</p>
<p class="PlainText1"><b> </b></p>
<p class="PlainText1"><b>Rockport Publishing Contacts:</b></p>
<p class="PlainText1">Tom Tetreault, publisher</p>
<p class="PlainText1">978-921-7850</p>
<p class="PlainText1"><a href="mailto:edit@softwaremag.com">edit@softwaremag.com</a></p>
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<p class="PlainText1">Cassandra Balentine, managing editor</p>
<p class="PlainText1">978-921-7850</p>
<p class="PlainText1"><a href="mailto:edit@softwaremag.com">edit@softwaremag.com</a></p>
<p><b> </b></p>
<p><b>Oildex Contact:</b><b><br/></b>Courtney Brewer, Marketing and Public Relations Manager<br/>Phone: 303-222-6139<br/>Email: <a href="mailto:cbrewer@transzap.com">cbrewer@oildex.com</a></p>PIDX Elects Oildex Leadership to Executive Committeetag:gomarcellusshale.com,2013-09-12:2274639:BlogPost:4981692013-09-12T13:48:10.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><i>Energy Technology Expert Michael Weiss Elected to serve on PIDX’s Executive Committee</i> <i>as an At-Large Executive Committee Member</i></p>
<p><b> </b></p>
<p><b>DENVER and HOUSTON, September 12, 2013 –</b> <a href="http://pidx.org/">PIDX</a>, the global forum for developing and publishing oil and gas electronic business standards, and <a href="http://www.oildex.com">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, are pleased to…</p>
<p><i>Energy Technology Expert Michael Weiss Elected to serve on PIDX’s Executive Committee</i> <i>as an At-Large Executive Committee Member</i></p>
<p><b> </b></p>
<p><b>DENVER and HOUSTON, September 12, 2013 –</b> <a href="http://pidx.org/">PIDX</a>, the global forum for developing and publishing oil and gas electronic business standards, and <a href="http://www.oildex.com">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, are pleased to announce at the annual Fall PIDX Conference today, the election of Michael Weiss for a two year term to the PIDX Executive Committee as an At-Large Executive Committee Member.</p>
<p> </p>
<p>Oildex provides oil and gas operators, partners and suppliers a community and framework for carrying-out business, resulting in substantial savings from no longer having to manually exchange core operating and financial information. Since 1999, Oildex has teamed with PIDX International to promote electronic business standards and accelerate the adoption of the PIDX standards.</p>
<p> </p>
<p>Michael Weiss is Oildex’s Vice President of Software Engineering and has more than 25 years of experience in oil and gas software engineering and high-tech operations.</p>
<p> </p>
<p>“Michael’s technical experience and extensive knowledge of the oil and gas space will be instrumental to advancing the industry’s eBusiness standards,” said Fadi Kanafani, CEO of PIDX.</p>
<p> </p>
<p>“It is an honor to be elected by the PIDX membership to the Executive Committee,” said Michael. “I look forward to helping the progression of PIDX’s technology vision and roadmap.”</p>
<p> </p>
<p><b>About PIDX, Inc.</b><br/>PIDX Inc. is the oil and gas industry managed non-profit standards body for eBusiness in the global oil and gas industry. PIDX Inc., known as PIDX International has a mission to provide a global forum for delivering and maintaining the process, information and technology standards that facilitate seamless, efficient electronic business within the oil and natural gas industry and its eBusiness community.</p>
<p><b>About Transzap, Inc.</b><br/>Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">www.transzap.com</a> or <a href="http://www.oildex.com">www.oildex.com</a>.</p>Oildex Releases New ePayables Module, Spendworks Completetag:gomarcellusshale.com,2013-06-20:2274639:BlogPost:4638872013-06-20T13:56:34.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><i>End-to-end ePayables Solution Enables Oil and Gas Companies to Receive, Code and Approve up to 100% of their Invoices Electronically</i></p>
<p><b> </b></p>
<p><b>DENVER and HOUSTON, June 20, 2013 –</b> <a href="http://www.oildex.com">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, announced today the release and adoption of its end-to-end invoice processing solution, Spendworks Complete.</p>
<p>Oildex’s solutions help oil and gas…</p>
<p><i>End-to-end ePayables Solution Enables Oil and Gas Companies to Receive, Code and Approve up to 100% of their Invoices Electronically</i></p>
<p><b> </b></p>
<p><b>DENVER and HOUSTON, June 20, 2013 –</b> <a href="http://www.oildex.com">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, announced today the release and adoption of its end-to-end invoice processing solution, Spendworks Complete.</p>
<p>Oildex’s solutions help oil and gas companies dramatically reduce, if not eliminate, their need for paper-based processing. With Spendworks Complete, operators can process up to 100% of their invoices electronically, immediately cutting costs and improving efficiencies.</p>
<p>A long-time Spendworks customer recently completed a thorough review of their IT systems, auditing its payables solution against all available providers. At the completion of the evaluation, the company selected Spendworks Complete as the best solution for its current and future strategic requirements. Their decision was based-on Oildex’s stability, data processing assurances and reputation for superior account management and customer support.</p>
<p>“We are certain oil and gas operators will quickly realize the strategic value of converting all of their invoices to electronic processing using Oildex’s new Spendworks Complete solution,” said Richard Slack, Oildex President and CEO. “The rapid customer adoption we are seeing with Spendworks Complete confirms we are fulfilling our mission as the leading smart information management provider to the oil and gas industry.”</p>
<p><b>About Transzap, Inc.</b><br/>Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">www.transzap.com</a> or <a href="http://www.oildex.com">www.oildex.com</a>.</p>
<p><b>Transzap & Oildex Contact:</b><b><br/></b>Courtney Brewer, Marketing and Public Relations Manager<br/>303-222-6139<br/><a href="mailto:cbrewer@transzap.com">cbrewer@transzap.com</a></p>Transzap Announces Milestone, Record Number of Companies Employ Oildex’s Smart Data Management Solutionstag:gomarcellusshale.com,2013-06-06:2274639:BlogPost:4585712013-06-06T14:15:51.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p class="releaseDateline">Denver, CO and Houston, TX (PRWEB) June 06, 2013</p>
<p><a href="http://www.oildex.com/" title="Oildex">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce that a record number of new customers have employed its ePayables, eRevenue and eStatement services. Over the previous year, the number of customers who adopted Oildex’s solutions grew by more than 53% and new revenue increased by…</p>
<p class="releaseDateline">Denver, CO and Houston, TX (PRWEB) June 06, 2013</p>
<p><a title="Oildex" href="http://www.oildex.com/">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce that a record number of new customers have employed its ePayables, eRevenue and eStatement services. Over the previous year, the number of customers who adopted Oildex’s solutions grew by more than 53% and new revenue increased by nearly 50%. A corporate growth initiative executed just over 12 months ago by Transzap's board of directors and President and CEO, Richard Slack, along with one of the most experienced software teams available, is credited for this success.</p>
<p>Oildex’s mission is to transform the way energy companies run their businesses. By delivering SaaS-based applications that enable oil companies, their joint venture partners and suppliers to electronically exchange, process and analyze their critical information, businesses conduct operations more efficiently and make informed financial decisions.</p>
<p>Oildex’s software is safe and secure, performs at 99.99% system up-time and utilizes state of the art infrastructure. Oildex is relied-on by all major oil companies, hundreds of independent oil and gas producers, the world's largest banks, thousands of energy industry suppliers and millions of royalty and working interest owner connections.</p>
<p>“These are exciting times for Oildex,” shares President and CEO, Richard Slack. “We continue to see strong demand for our products and services and expect these growth levels to persist into the future. Oildex delivers tremendous value to the industry by providing superior software-as-a-service (SaaS) solutions built on a thorough understanding of the energy industry and its processes.”</p>
<p>Read more: <a style="color: #003399;" href="http://www.digitaljournal.com/pr/1290327#ixzz2VRgTnNfj">http://www.digitaljournal.com/pr/1290327#ixzz2VRgTnNfj</a></p>Oildex, Transzap Release Stakeholder, the Industry’s Most Intuitive Online Portfolio Management Solution for Royalty Ownerstag:gomarcellusshale.com,2013-05-23:2274639:BlogPost:4524702013-05-23T14:27:25.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p>Oildex Announces New Royalty Owner Data Management Service</p>
<p> </p>
<p class="releaseDateline">Denver and Houston (PRWEB) May 23, 2013 - <a href="http://www.oildex.com" title="Oildex">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce the release of Stakeholder, the industry’s most intuitive portfolio management solution built specifically for Royalty Owners.</p>
<p>Stakeholder allows royalty and mineral…</p>
<p>Oildex Announces New Royalty Owner Data Management Service</p>
<p> </p>
<p class="releaseDateline">Denver and Houston (PRWEB) May 23, 2013 - <a title="Oildex" href="http://www.oildex.com">Oildex</a>, the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce the release of Stakeholder, the industry’s most intuitive portfolio management solution built specifically for Royalty Owners.</p>
<p>Stakeholder allows royalty and mineral interest owners to organize, track and analyze their critical mineral ownership, lease and revenue payment information better and faster than ever before. With Stakeholder, property records are securely stored in one location while payment details are accumulated over time.</p>
<p>Stakeholder beta testers, who have evaluated the online portfolio management solution for the last 60-days, have endorsed Oildex’s new service saying, “Stakeholder consolidates information and self-populates data. This is extremely valuable, particularly with Oildex’s single sign-on functionality.”</p>
<p>Oildex’s SaaS-based financial data platform connects oil and gas companies throughout North America and provides the industry’s largest revenue data exchange. Today, Oildex distributes critical information to a network of more than 1,300,000 owner connections.</p>
<p>“At Oildex, we saw a need within the owner community for an automated tool to track revenue payments and interests,” said Oildex’s Vice President, Jim Allison. “Stakeholder is a cost effective and easy-to-use solution that enables owners to accumulate and analyze their portfolio data.”</p>
<p>About Transzap, Inc. <a title="Transzap" href="http://www.transzap.com">Transzap</a>™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">http://www.transzap.com</a> or <a href="http://www.oildex.com">http://www.oildex.com</a>.</p>Oildex Reports Milestone, Spendworks Helps Customers Process Record Payables in 2013tag:gomarcellusshale.com,2013-05-09:2274639:BlogPost:4462452013-05-09T19:37:31.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><i>ePayables Leader Reports Record Number of Vendors Submitting Electronic Invoices Through its Spendworks Platform</i></p>
<p><b>DENVER and HOUSTON, May 9, 2013 -</b> <a href="http://www.oildex.com">Oildex</a>, the energy industry’s innovator of cloud-based smart information management solutions, is pleased to announce, in April, its customers processed a record volume of payables through the Spendworks platform. In addition, electronic vendor participation was at an all-time high,…</p>
<p><i>ePayables Leader Reports Record Number of Vendors Submitting Electronic Invoices Through its Spendworks Platform</i></p>
<p><b>DENVER and HOUSTON, May 9, 2013 -</b> <a href="http://www.oildex.com">Oildex</a>, the energy industry’s innovator of cloud-based smart information management solutions, is pleased to announce, in April, its customers processed a record volume of payables through the Spendworks platform. In addition, electronic vendor participation was at an all-time high, representing multiple billions of dollars in transaction detail.</p>
<p>Oildex provides one of the largest supplier networks in the oil and natural gas industry, giving Spendworks users access to thousands of energy industry suppliers and service companies who send digital invoices.</p>
<p>One Oildex customer, who uses Oildex’s system to process more than 80% of their invoices electronically said, “We receive over 80,000 invoices a month, so it’s very beneficial if vendors send them electronically. That way they know for a fact that we received the invoice, and we’re not getting calls weeks or months later from someone looking for payment. This saves us time, improves productivity and strengthens our relationships with vendors.”</p>
<p>Supplier cooperation is an essential part of a successful ePayables program. That is why Oildex makes it a point to work directly with suppliers. Oildex’s dedicated Vendor Services Team is credited with enabling suppliers of all sizes to submit electronic invoices to their customers through the Spendworks platform.</p>
<p>“We strive to provide a complete delivery solution from the large OFS Portal members to the small ‘Mom and Pop’ vendors,” said Nicole Miles, Oildex’s Manager of Vendor Services. “The result: oil and gas operators are able to process invoices more quickly, giving them the opportunity to take advantage of early payment discounts.”</p>
<p><b>About Transzap, Inc.</b><br/>Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">www.transzap.com</a> or <a href="http://www.oildex.com">www.oildex.com</a>.</p>
<p><b> </b></p>Oildex Recognized for Spendworks Project Implementationtag:gomarcellusshale.com,2013-04-25:2274639:BlogPost:4401982013-04-25T14:15:19.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<h1 class="title">Oildex Recognized for Spendworks Project Implementation</h1>
<h2 class="subtitle">Energy industry ePayables leader is recognized for best overall project integration</h2>
<p></p>
<p class="releaseDateline">Denver, CO and Houston, TX (PRWEB) April 25, 2013</p>
<p><a href="http://www.transzap.com/">Transzap, Inc.</a>, the parent company of <a href="http://www.oildex.com/">Oildex</a> and the innovator of cloud-based smart information management solutions for the energy industry,…</p>
<h1 class="title">Oildex Recognized for Spendworks Project Implementation</h1>
<h2 class="subtitle">Energy industry ePayables leader is recognized for best overall project integration</h2>
<p></p>
<p class="releaseDateline">Denver, CO and Houston, TX (PRWEB) April 25, 2013</p>
<p><a href="http://www.transzap.com/">Transzap, Inc.</a>, the parent company of <a href="http://www.oildex.com/">Oildex</a> and the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce it was recognized by one of its newest customers for its Spendworks project implementation.</p>
<p>“I have been involved in numerous system implementations over the past 30 years,” said Oildex’s Accounting Manager Client. “I would put the Spendworks project at the top of the list, as far as best overall integration. The Oildex team was extremely flexible and worked with us every step of the way.”</p>
<p>Oildex’s dedicated Project Management Organization manages the logistics and delivery of customer projects. This includes defining use-cases for how new customers plan to integrate Oildex’s platform so product requirements and configurations are tailored to existing business models. In addition, Oildex’s Project Management Organization coordinates product training through Go-Live and remains involved through a minimum 6-8 week product optimization phase to ensure customer satisfaction.</p>
<p>“At Oildex, we pride ourselves in the quality of our implementations and solution delivery,” said Oildex Director of Project Management, Anita McKeown. “Oildex’s solutions provide energy industry organizations enhanced productivity, and delivering strategic value to customers is one of our main objectives.”</p>
<p>About Transzap, Inc. Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">http://www.transzap.com</a> or <a href="http://www.oildex.com">http://www.oildex.com</a>.</p>
<p>Transzap & Oildex Contact: Courtney Brewer, Marketing Specialist 303-222-6139 cbrewer(at)transzap(dot)com</p>Oildex Recognized as a Top Software Development Companytag:gomarcellusshale.com,2013-04-11:2274639:BlogPost:4305412013-04-11T16:11:48.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<h1 class="title">Transzap, Oildex Recognized as a Top Software Development Company</h1>
<h2 class="subtitle">Smart Information Management Provider Recognized for Software Development Leadership</h2>
<p>Denver, CO and Houston, TX (PRWEB) April 11, 2013 - <a href="http://www.transzap.com/" title="Transzap, Inc.">Transzap, Inc.</a>, the parent company of <a href="http://www.oildex.com/" title="Oildex">Oildex</a>, the pioneer developer of cloud-based smart information management solutions for the…</p>
<h1 class="title">Transzap, Oildex Recognized as a Top Software Development Company</h1>
<h2 class="subtitle">Smart Information Management Provider Recognized for Software Development Leadership</h2>
<p>Denver, CO and Houston, TX (PRWEB) April 11, 2013 - <a title="Transzap, Inc." href="http://www.transzap.com/">Transzap, Inc.</a>, the parent company of <a title="Oildex" href="http://www.oildex.com/">Oildex</a>, the pioneer developer of cloud-based smart information management solutions for the energy industry, is pleased to announce it was selected by the Denver Business Journal as one of the top Denver-area software development companies.</p>
<p>Based on revenue, Transzap was ranked the top sixth software developer in the region. A series of strategic growth initiatives executed by the company’s Board of Directors and President and CEO, Richard Slack, contributed to Transzap’s revenue growth and achievement.</p>
<p>In addition to its heritage as a leading energy industry technology service provider, over the course of the last year, specifically, Transzap bolstered its position as a technology leader. The company developed and released new products to the market, closed hundreds of new customers and processed record data transactions through its system. Furthermore, Transzap remains compliant with industry data standards and data processing assurances and delivers clear value to its customers through its financial data platform.</p>
<p>“Transzap is delighted to be recognized as one of the top software development companies in the region,” said Michael Corbett, Vice President Marketing of Oildex. “This recognition is a testimony to Transzap’s many accomplishments over the last year and is due to the hard work and dedication of its team and the company's commitment to the oil and gas industry.”</p>
<p>About Transzap, Inc. Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com">http://www.transzap.com</a> or <a href="http://www.oildex.com">http://www.oildex.com</a>.</p>
<p>Transzap & Oildex Contact:</p>
<p>Courtney Brewer, Marketing Specialist</p>
<p>303-222-6139</p>
<p>cbrewer(at)transzap(dot)com</p>Oildex, Transzap Expand Executive Team, Appoint New Leadership for Marketing Organizationtag:gomarcellusshale.com,2013-02-28:2274639:BlogPost:4084872013-02-28T15:29:53.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p>SaaS Industry Veteran <span class="yshortcuts cs4-visible" id="lw_1362062195036_1">Michael Corbett</span> Joins <span class="yshortcuts cs4-visible" id="lw_1362062195036_2">Transzap</span>’s Executive Management Team</p>
<p>Denver, CO and Houston, TX (PRWEB) February 28, 2013 - <a href="http://www.transzap.com/">Transzap, Inc.</a>, the <span class="yshortcuts cs4-visible" id="lw_1362062195036_6">parent company</span> of <a href="http://www.oildex.com/">Oildex</a>, the pioneer developer of…</p>
<p>SaaS Industry Veteran <span id="lw_1362062195036_1" class="yshortcuts cs4-visible">Michael Corbett</span> Joins <span id="lw_1362062195036_2" class="yshortcuts cs4-visible">Transzap</span>’s Executive Management Team</p>
<p>Denver, CO and Houston, TX (PRWEB) February 28, 2013 - <a href="http://www.transzap.com/">Transzap, Inc.</a>, the <span id="lw_1362062195036_6" class="yshortcuts cs4-visible">parent company</span> of <a href="http://www.oildex.com/">Oildex</a>, the pioneer developer of cloud-based smart <span id="lw_1362062195036_3" class="yshortcuts cs4-visible">information management solutions</span> for the energy industry, is pleased to announce the appointment of Mr. Michael Corbett as Vice President of Marketing. Michael’s appointment supports <span id="lw_1362062195036_5" class="yshortcuts cs4-visible">Oildex</span>’s strategic growth initiative executed by the company's Board of Directors and President/CEO, Mr. <span id="lw_1362062195036_4" class="yshortcuts cs4-visible">Richard Slack</span>.</p>
<p id="yui_3_5_1_25_1362064797288_236">"The appointment of Michael to Vice President of Marketing will augment Transzap’s strong executive team and will help to best articulate the unique value of Oildex’s solutions,” said Richard Slack, Transzap President and CEO. "With his extensive experience and vast knowledge of the SaaS market, Michael will be instrumental in strengthening our brand across key market segments and help better position the company to achieve our ambitious growth goals."</p>
<p>Mr. Corbett brings over 24 years of extensive SaaS-based experience to Oildex, having previously served in a number of senior marketing and strategic development management roles at leading technology companies, including IHS, Quark and Micromedia. Most recently, Michael served as the Vice President of Marketing Operations for OnTargetJobs where he was responsible for establishing and executing the company’s marketing strategy, which increased brand engagement by 48%, resulting in record-breaking annual revenue growth for the company of over 21%.</p>
<p>"It is a privilege to join the Oildex team and I am excited to come on board to help drive the company’s continued growth," said Michael Corbett. "I look forward to shaping the company's brand and marketing strategies to reinforce and augment the reputation Oildex has already built as the leading provider of smart information management solutions to the oil and gas industry."</p>
<p id="yui_3_5_1_25_1362064797288_237">Mr. Corbett will report to Richard Slack, and will lead Oildex’s Marketing team where he will be responsible for the company’s go-to-market strategy, including its strategic marketing, product marketing and marketing communications initiatives. Michael received a B.A. degree in Management from the University of Oklahoma.</p>
<p>About Transzap, Inc.</p>
<p id="yui_3_5_1_25_1362064797288_223">Transzap, the parent company of Oildex, provides smart <span id="lw_1362062195036_7" class="yshortcuts cs4-ndcor">information management</span> and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit <a href="http://www.transzap.com/">http://www.transzap.com</a> or <a href="http://www.oildex.com/">http://www.oildex.com</a>.</p>
<p>Transzap & Oildex Contact:</p>
<p>Courtney Brewer, Marketing Specialist</p>
<p>303-222-6139</p>
<p>cbrewer(at)transzap(dot)com</p>
<p> </p>HOW DIGITAL PROCESSING CAN HELP YOUR BUSINESS GO GREENtag:gomarcellusshale.com,2011-04-22:2274639:BlogPost:871892011-04-22T15:52:22.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<i>Electronic payables solutions like Oildex are helping businesses reduce paper consumption as well as processing time and costs</i><br></br><br></br>For decades energy companies have been awash in paper, with the desks of engineers and accountants piled high with invoices, field tickets, and purchase orders. As these companies have grown, so has the number and size of their business documents, as well as the cost to process them. The estimated price tag for a company to process a paper invoice (which…
<i>Electronic payables solutions like Oildex are helping businesses reduce paper consumption as well as processing time and costs</i><br/><br/>For decades energy companies have been awash in paper, with the desks of engineers and accountants piled high with invoices, field tickets, and purchase orders. As these companies have grown, so has the number and size of their business documents, as well as the cost to process them. The estimated price tag for a company to process a paper invoice (which might require up to 60 manual steps) currently ranges between $20 and $100 per document - even more in some instances. But that's not the only cost involved with traditional paper-based invoice processing. There are steep productivity and environmental costs as well.<br/><br/>It's been estimated that the average worker uses more than two pounds of paper per year. And the production of all that paper consumes not just tens of thousands of trees each year but also requires more water per ton than any other product in the world, harming the environment. Furthermore, most of the paper used in the United States ends up in landfills.<br/><br/>Despite these grim statistics, there is hope. Studies show that if the United States reduced paper consumption by just 10 percent, it would save thousands of trees. Indeed, just by digitizing invoices alone, going paper free, companies could save as many as 10 percent of the trees now being cut down and processed for paper. And thanks to new digital payments processing solutions like Oildex, going green has never been easier or more cost effective.<br/><br/>For 10 years, Oildex has been helping energy companies conserve natural resources while improving productivity. A web-based software-as-a-service (SaaS) solution, Oildex allows companies to electronically send, receive, and process their financial transactions, eliminating paper entirely. Oildex also reduces up to 70 percent of the process steps associated with manual paper processing, and up to 65 percent of the transaction costs. Additionally, Oildex provides business owners and managers with the business intelligence they need, in real time, allowing them to make critical decisions faster.<br/><br/>In 2008 alone, 4,000 oil and gas companies used Oildex services to electronically process their financial transactions, eliminating 14 million pages of paper invoices, checks stubs, and joint interest bills, the equivalent of 70 tons of paper or nearly 1,800 trees. And not only did these companies reduce their paper consumption, they did it while reducing costs and increasing productivity.<br/><br/>Oildex and its users have long recognized the importance of going green and preserving the environment for future generations. Moreover, these companies have come to realize first hand that green, conservation practices are not only good for the environment but good for the bottom line.Williams Taps into Early Pay Discounts, Reaps Big Savingstag:gomarcellusshale.com,2011-03-10:2274639:BlogPost:753422011-03-10T22:34:47.000ZOildexhttps://gomarcellusshale.com/profile/Oildex
<p><span class="font-size-3"><strong>Williams Taps into Early Pay Discounts, Reaps Big Savings, with the Help of Oildex Spendworks</strong></span></p>
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<p><strong>Challenge</strong></p>
<p><em>Efficiently processing thousands of invoices before they become past due, with limited staff</em></p>
<p>Williams is the 10th largest natural gas producer in the United States and specializes in developing non-conventional reserves from tight sands, coalbed and shale formations. It's primary…</p>
<p><span class="font-size-3"><strong>Williams Taps into Early Pay Discounts, Reaps Big Savings, with the Help of Oildex Spendworks</strong></span></p>
<p> </p>
<p><strong>Challenge</strong></p>
<p><em>Efficiently processing thousands of invoices before they become past due, with limited staff</em></p>
<p>Williams is the 10th largest natural gas producer in the United States and specializes in developing non-conventional reserves from tight sands, coalbed and shale formations. It's primary production areas are in the Piceance, Powder River, San Juan, Fort Worth and Arkoma basins, as well as a presence in Pennsylvania's Marcellus Shale. One of its most active areas has been the Piceance Basin in Colorado and, Williams was finding it hard to stay on top of its invoice processing. Indeed, for its Piceance Basin activities alone, in 2008, Williams was processing up to 9,000 invoices each month, and many of those invoices were falling into past-due status. Williams, like many large energy companies, was wrestling with an inefficient invoice process. In 2008, with its rig count growing and its number of suppliers increasing in Parachute, Colorado, Williams recognized that a change was needed.</p>
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<p><strong>Click here to access the full case study on Williams:</strong> <a href="http://www.oildex.com/press/requestresources_williamscasestudy.html">http://www.oildex.com/press/requestresources_williamscasestudy.html</a></p>