Rental Invoice Auditing - Geoforce

Rental Invoice Auditing

Can you afford to lose visibility of this cargo’s location? For an hour? For a day? For a week? Of course, we all know the answer already: losing visibility into critical assets can mean losing even more: money, time, productivity, safety, sanity…

We all know that life in the oilfield really couldn’t get any better. Especially when it comes to customer relationships and billing: In the oilfield the job is job one and when you find a good working relationship, you don’t want anything getting in the way of smooth operations with partners you can count on. But, lets face it, this ain’t a charity ball and nothing can disrupt a good working relationship like disputes over billing. Have you ever spent hours verifying that you actually had the equipment you’re being invoiced for? Ever had to spend days trying to defend an invoice you sent in months ago? Not fun. The best you can hope for in a billing dispute is to get back to square one — everyone pays and gets paid the right amounts and everyone is happy. But even in the best case one or both parties can come away wondering “Did I just get screwed?” Not a strong foundation for future business. Fortunately with Geoforce Rental Invoice Auditing you leave behind billing doubts and suspicions and get on with job one. Geoforce GPS tracking devices combined with GIS data identifying every rig, well, platform and even custom job sites removes the guesswork and proves conclusively what equipment was in yards and what equipment was on job sites every day of the month.

Geoforce Rental Invoice Auditing can even automatically compare your rental ticket data with GPS location data to identify equipment that is on site without a ticket or vice versa. Without rental ticket data Geoforce Rental Invoice Auditing can tell you in both totals and asset by asset the number of days you had equipment outside of your yards every month — the number of days you should be billing for.

See below an asset-by-asset view of the days each asset spent on site or in a yard and at a glance which of those days on site were covered by an existing ticket:

Rental customers can rest assured that every ticket is supported by GPS tracking data and rental companies can verify that every invoice is both complete and accurate before it leaves the building.