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Choose a firm with energy experience, a defined library of audit tests, invoice-level documentation, and a way of working that protects vendor relationships. Revenew International's Contract Compliance Reviews apply 140 audit tests covering commercial and technical billing, and Revenew has worked with energy companies for more than 25 years.

Why energy contracts need a specialist

Energy operations run on complex, multi-vendor agreements: field services, equipment rental, construction, and logistics, often across several regions. Rates, markups, volume rebates, and change orders are written into those contracts, and billing has to match them line by line. A compliance review checks that it does and returns any difference to your budget. For a broader look at how these reviews work across functions, see our complete guide to contract compliance audits.

Six questions to ask any provider

  1. How many energy engagements has your team run? Look for long relationships, not one-off projects. Revenew's longest energy relationship spans 22 years.
  2. What do you test? Ask for the test library. Revenew's covers 140 tests across commercial and technical billing. Our contract audit checklist shows what those tests look at, line by line.
  3. How are findings documented? Every finding should be substantiated at the invoice level before it reaches a vendor.
  4. Who approves claims? You should. Revenew files nothing without client approval.
  5. How much of our team's time will it take? Revenew's average is 33 hours over 4 months.
  6. What happens after the audit? Root-cause findings should improve future contracts. Revenew's Contract Language Risk Assessment reviews contract terms for that purpose, and an ongoing monitoring and reporting program keeps the gains in place.

Results for energy companies

  • $38.6M in cumulative recoveries for a global exploration and production company over a 22-year relationship
  • $2.5M recovered through contract compliance plus $1.3M through a supplier payment review, under a combined contract-administration program for an energy company
  • 140 audit tests covering commercial and technical billing on every review

Contact info@revenew.com or (281) 276-4500 to talk through your contracts. You have everything to gain.

Frequently Asked Questions

What does a contract compliance audit check? Whether vendor billing matches contract terms: rates, markups, PO overrides, volume rebates, and duplicate billing.
Does an audit strain vendor relationships? It shouldn't. Revenew documents each finding and resolves it with the vendor through facts, which keeps the relationship intact.
When do recoveries start? Hard-dollar recoveries begin within 30 days of kick-off.
Is there an upfront cost? No. Recovery work is results-tied, with no upfront fees.