How an Oil & Gas Vendor Marketplace will Benefit Your Business

Relationships between Oil & Gas operators and vendors can be extremely challenging if not managed correctly. 

  • Common issues that arise include:
  • Vendors not being equipped to provide operators with the service they have contracted
  • Operators not paying vendors on time 
  • Excessively long negotiations regarding payment terms and master services agreements
  • A lack of necessary insurance coverage giving rise to questions of liability, and
  • Compliance issues. 

As a result, many operators would prefer to outsource responsibility for managing contractor-vendor relationships. 

The Workrise Connect vendor marketplace is the industry’s response to this demand. In this report, you’ll find out:

  • What an Oil & Gas vendor marketplace is
  • The benefits of a vendor marketplace for Vendors
  • The benefits of a vendor marketplace for Operators 
  • What you should be looking for in an Oil & Gas outsourced procurement provider

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