Case Study: Thomas Oilfield Services transforms procurement and inventory management with Vroozi

Thomas Oilfield Services automates $12.5MM in spend with Vroozi

Thomas Oilfield Services, a supplier of essential equipment to the oil and gas industry, faced challenges with manual procurement and disconnected inventory systems. Their outdated processes made it difficult to track stock levels, automate reordering, and provide customers with a simple ordering platform. To modernize their approach, they turned to Vroozi and its Procure-to-Pay product.

Vroozi implemented a smart inventory network that integrated with the company's NetSuite ERP, automating purchase requests and orders while also creating a direct customer marketplace. This solution processes $12.5 million in spend, 7,300 purchase orders, and 8,200 invoices annually. The results include a 71% year-over-year user growth, $15.6 million in managed payments, 100% spend under management, and enhanced operational efficiency through real-time data and automated systems.

Thomas Oilfield Services