Report
Energy Industry Vendor Audit Trends Report
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Enterprise-Grade Oversight for Complex Energy Operations
In oil & gas, financial complexity moves as fast as operations. Hundreds of thousands of invoices, multi-year capital projects, and evolving tax regimes create a constant risk of overspend. Even with sophisticated finance and audit teams in place, gaps remain—and that’s where Revenew adds value.
We embed seamlessly with corporate audit, finance, and supply chain functions, delivering independent validation, recoveries measured in the millions, and defensible oversight that withstands both regulators and boards. Born in this industry, we know where dollars leak and how to return them without slowing the business.
Audits That Scale With Supermajor Complexity
Contract Compliance
Even the largest operators face leakage in rate misapplications, off-contract pricing, and discount erosion. Our audits recover funds while reinforcing supplier accountability, with minimal disruption to operations.
Supplier Payment Reviews
Across millions of transactions, there can be duplicate payments, missed credits, and vendor errors that will certainly add up. Revenew’s AP audits recover millions and provide actionable insight into systemic risks across global operations.
Capital Project & Final Settlement Reviews
Billion-dollar projects demand airtight oversight. We validate labor, equipment, and material charges in-flight and at settlement, ensuring that budgets hold and overruns don’t dilute ROI.
Severance Tax Recovery
Complex state-by-state regulations guarantee missed opportunities. We routinely recover 20–30% of eligible overpayments, delivering refunds without triggering audits or exposing risk.
Production Payment Reviews
Revenue leakage hides in complex midstream and gas-plant agreements. We analyze deductions, fuel and electric calculations, and contract formulas to recover short-pays and prevent future inaccuracies.
Real-Time Reviews
During turnarounds or storm response, we embed directly in your workflows—auditing invoices before payment, protecting budgets in real time, and ensuring compliance with regulators and insurers.
Expertise
Decades of Oil & Gas Focus
Revenew was founded in oil & gas and has served Fortune 100 operators for decades—delivering oversight across upstream, midstream, and downstream.
Results
Recoveries that Strengthen Margins
We consistently identify and recover millions in overpayments at the project level and across tax, AP, and supplier contracts.
Confidence
Enterprise-Scale Trust
The world’s largest oil and gas companies trust Revenew for defensible, repeatable oversight that is delivered without disrupting mission-critical operations.
I want to take a moment to pass along my thanks for the professional manner in which all Revenew employees handled themselves. Prior to this, we had been involved in one other contract compliance audit (with a different client and auditing company). It was a terrible process that made us feel like we were being treated unfairly by the auditor. That was not the case here. Bill Shoemaker did a terrific job of trying to understand our reasoning for any discrepancies (and passing those reasons along to our clients).
Stop Overspend. Protect Profitability.
Every Quarter of Delay is Millions at Risk
In oil & gas, leakage scales with spend. Delaying oversight only compounds losses. Let’s uncover and recover what’s yours now—with no risk to get started.