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MI Gulf Services LLC reduces vendor payment processing time by 70% with Orion™11j ERP Suite

Overview:

MI Gulf Services LLC was established in 1977 to provide Drilling Fluids and Engineering Services in the Middle East. MI Gulf Services (MIGS) brings more than 40 years of experience in Deepwater, Offshore, and Onshore operations throughout the Middle East, providing answers to their customer’s challenges, whilst developing solutions for the future.

Company Snapshot:

Company: MI Gulf Services LLC
Sector: Trading & Distribution
Regional presence: Middle East

Challenges

Due to continuing growth and expansion of the business, operational and financial enhancements including the following were required:

  1. Enhanced reporting capabilities
  2. Integrated Document Management System (DMS)
  3. Digital signature capabilities
  4. Multi-level workflow and approval systems
  5. E-Banking integration
  6. Equipment maintenance platform
Solution

An efficient and complete approval and document management system was incorporated into the Orion™11j solution, along with connection to the clients e-Banking platform for accounts payable vendor transactions.

The major modules provided to the client were:

  1. Procurement
  2. Sales
  3. Inventory & Fixed Asset
  4. Finance & Budgeting
  5. Payroll
  6. Maintenance
Benefits

The client gained significant benefits from the implementation, including:

  1. Vendor payment processing times reduced by 70% through bank integration.
  2. Payroll processing times reduced by 30%.
  3. Elimination of 3rd party e-signature software through e-signing capabilities.
  4. DMS system allows singular in-system storage of documents at transactional level.
  5. Maintenance platform allows for asset-by-asset spend visibility.
Client Speaks
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