Oildex Blog Detect and Prevent Overbilling and Fraud Before Payment With Audit Intelligence

Overbilling is a serious problem for North American operators, particularly in high volume, low value transactions like fluid hauling. Industry research shows overbilling can reach 25-30%, in certain cases. With hauling costs accounting for 5-8% of operational costs, E&P companies’ exposure can reach into the tens of millions annually. In its 2018 annual report, the Association... Read more » The post Detect and Prevent Overbilling and Fraud Before Payment With Audit Intelligence appeared first on Oildex - Enverus Business Automation.