AP & Spend

PDF invoices aren't an AP system.

IronLedger is vendor AP and spend management for E&P operators. Replace email inboxes full of PDFs, approval chains lost in Outlook, and AFE spreadsheets that no one trusts. Every invoice, every approval, every payment. Tracked and traceable.

The Problem

AP is broken at every operator we've talked to.

Invoices come in as PDFs via email. AP clerks re-key them into QuickBooks or an ERP. Field supervisors approve via reply-all. Controllers chase ghosts through Outlook threads. AFEs get tracked in a spreadsheet that's always a month behind.

PDF invoices piling up. 50 vendors, 200 invoices a month, all unstructured.

Approval chaos. Who approved what? Who's holding it up? Who knows.

AFE budgets unknown in real time. You find out you're over-budget after it's too late.

No vendor insights. Which vendors cost you most? Which have safety issues? No idea.

The Solution

The complete AP platform
for oilfield operators.

Purpose-built for E&P accounts payable. IronLedger handles intake, approval, payment, AFE tracking, and vendor analytics.

Invoice intake

Enter invoices manually or auto-receive from IronHaul haulers. Line items, GL codes, AFE assignments, PO references. All captured at entry. No more PDF email chains.

Approval workflow

Multi-step approval: Received, Reviewing, Approved, Scheduled, Paid. Every action logged with timestamp and user attribution. Dispute invoices with reason tracking.

Payment tracking

Schedule payments, record ACH/check/wire with reference numbers, track upcoming and completed payments. Full payment history per vendor and per invoice.

AFE tracking

Every approved invoice flows to its AFE automatically. Real-time budget tracking with visual spend bars. Over-budget flags. Close AFEs when complete. No more spreadsheet drift.

Vendor management

Centralized vendor records with contact info, tax IDs, insurance expiry, payment terms, GL defaults. Insurance lapse alerts. Safety rating from IronGuard data.

Spend analytics

Spend by vendor, by well, by AFE, by period. 12-month trend charts. Identify cost creep. Find your top-spend vendors. Finally get real visibility into where the money goes.

Workflow

From invoice to paid. Without the chaos.

01

Received

Invoice enters the system.

02

Reviewing

AP clerk validates line items.

03

Approved

Field supervisor approves.

04

Scheduled

Controller schedules payment.

05

Paid

Payment recorded, AFE updated.

AP shouldn't live in Outlook.

Give your AP clerks, field supervisors, and controllers a system designed for how oilfield operations actually work. Quick to set up. Easy to adopt.