Service Line: Downstream
Solution: Project Billing
Country: Canada
Client faced a major issue with cost control, back billing, delayed invoicing and inflated equipment rental expenses during past TAs. We provided an Onsite Financial Controller to communicate on a daily basis with client’s financial team, delivering timely billing and cost control.
Challenge:
To provide customer with timely billing and a means of cost control.
Solution:
Onsite Financial Administrator to communicate with customer’s finance team daily.
Result:
Daily invoicing and update on status of remaining funds.
Key Customer Benefits
- Detailed tracking of hours worked by employees for regular billing updates provided the customer peace of mind during turnarounds
- Co-operation between OFAs and onsite leadership
- Cost tracking in real time resulted in costs being effectively controlled
- Clear system of invoicing