In a world where global demand for energy is on the rise and shareholders continue to want more, Oil & Gas companies must find ways to improve their cost basis and operate more efficiently. Enter the Source-to-Pay lifecycle. Sitting at the intersection of operators, their suppliers, and the talented men and women in the field who make things tick, the process by which operators purchase and deploy the goods and services they need to operate has been broken for too long. Read the full story to learn what Source-to-Pay is, and why solutions in this space are so badly needed. https://lnkd.in/gcUisQWQ #S2P #SourcetoPay #energy #energyinnovation #oilandgas #operations #software
Workrise
Software Development
Austin, Texas 38,990 followers
The source-to-pay solution built for energy.
About us
Workrise is the source-to-pay solution built for energy. By combining purpose-built software with expert teams, we empower the world’s leading energy companies and their suppliers to work better, together. Learn more about how Workrise is equipping everyone in the energy ecosystem to operate with greater speed and efficiency at workrise.com.
- Website
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http://workrise.com
External link for Workrise
- Industry
- Software Development
- Company size
- 201-500 employees
- Headquarters
- Austin, Texas
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Energy, Source-to-Pay Software, Procurement, Automation, AI, Supply Chain, and Field Operations
Locations
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Primary
111 Congress Ave, Suite 900
Austin, Texas 78701, US
Employees at Workrise
Updates
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All it takes is a glance at the Gartner Magic Quadrant for Source-to-Pay Suites to see that by and large, the solutions that have been seen by many as leaders in the emerging S2P space do not address the unique needs of today's energy companies. In his latest piece, energy industry veteran and Workrise CRO Joshua Trott details the brass tacks of what Source-to-Pay is, and makes a detailed case for why a new breed of purpose-built solution is required to address the source-to-pay needs of the energy industry. Whether you are new to this space or have been watching it for some time, this one is definitely worth a read. https://hubs.ly/Q02L8FQz0 #energy #energyinnovation #S2P #source-to-pay #supplychain #operations
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At Workrise, we leverage data whenever possible to inform the decisions we make day-in, day-out. But we wouldn’t be able to do that without Rae McCarrick. Under her leadership, the Data Analytics team has been instrumental in transforming how we understand and tackle business challenges. As Rae puts it: “My favorite part of my role as manager of the Analytics team at Workrise has been influencing the company culture around data. Over the last year the team has targeted our solutions to support users either taking an action or making a decision. This focused approach has enabled us to better understand the business problems of our users, leveling up the impact we are able to have. Stakeholders are now coming to us to help construct their data stories, as opposed to simply providing them data.” Thank you to Rae and the analytics team for everything you do. 🙏
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Our 2024 US Summer Internship program is coming to an end, and it’s bittersweet to say goodbye to our talented interns. Your hard work, fresh perspectives, and enthusiasm have made a lasting impact on our teams. We are so excited to see where your careers take you next. Donny Ho Susannah Shell Andrew Manrriquez Brynn Boise-Fults Aditya Nair Natalie Halaris Chloe Kim Best of luck – you will be missed!
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We are proud to be featured alongside companies like 2K, SailPoint, and Wise as one of 10 local companies shaping the future of Austin’s tech scene. Thank you to BuiltInAustin for the recognition. We are #hiring! Hit the link below or head over to workrise.com/careers to learn more about life at Workrise, and to browse open opportunities. #Austin #Tech #Energy
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Procurement Magazine knows a thing or two about purchasing, and they got it spot on with this piece. Learn about our new Vendor Management product - the first in a series of new Source-to-Pay solutions built for energy - from two of our best. Joshua Trott (CRO) and Praveen Kalamegham (CTO) give their perspectives on everything from the problems we are solving to what makes this new solution so unique. Worth a read! #SourcetoPay #Energy #Procurement #Operations #SupplyChain #EnergyInnovation #S2P
Workrise: Helping the Energy Sector Work Better Together
procurementmag.com
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The Vendor Management launch continues, with coverage from Supply & Demand Chain Executive. “The industry has an enormous opportunity to improve how it puts every dollar to work,” said Workrise Chief Revenue Officer Joshua Trott. “Energy companies in the US spend $1 trillion in capex annually, with $150 billion going to field spend alone. By optimizing every step in the source-to-pay life cycle, Workrise Vendor Management is poised to streamline field operations not just for operators, but for everyone involved in producing and delivering the energy the world so badly needs.” Read the full piece from SDCE via the link below. #SourcetoPay #energy #energyinnovation #energyoperations #supplychain
Workrise Launches Source-to-Pay Solution to Help Energy Companies and Vendors Work Together
sdcexec.com
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After years of work and over a decade of living and breathing this problem space, Workrise is thrilled to formally announce the launch of Workrise Vendor Management — a new breed of source-to-pay solution, built from the ground up for #energy. Read the full announcement to learn about the unique combination of purpose-built software and expert teams that makes this not just another tool, but a game-changing solution: https://hubs.ly/Q02GfCc-0 #SourcetoPay #energy #energyinnovation #operations #oilandgas #supplychain
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In #energy, the process from sourcing new vendors to verifying and paying for completed work is broken, and the price tag is massive. Over the past decade we've helped everyone from independents to supermajors navigate these challenges, and this past month, Workrise CRO Joshua Trott spent some time thinking about the lessons we picked up along the way. Here are his observations: https://hubs.ly/Q02F5GQQ0 #energyoperations #sourcetopay #S2P
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The relationship between energy companies and their suppliers is... complex. Each needs the other, and together they are responsible for delivering the projects that power our world. But the process by which they engage - the way they work together day-in, day-out - is broken, with plenty of headaches on both sides. For an industry that plans to spend $1T in 2024 in the US alone, working even a handful of percentage points better together has the potential to unlock large sums of capital to meet rapidly rising energy demand here at home, and around the world. We've spent a decade living and breathing this problem space. Here are our learnings: https://hubs.ly/Q02DjRFz0 #energy #capital #fieldoperations #suppliers #sourcetopay #S2P #energyinnovation
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