The adoption and use of electronic invoicing is a strategic direction that EnCana took a few years ago. As a result, we are rapidly migrating from the old paper-based invoicing practices to an electronic invoicing solution, OpenInvoice. This system helps expedite invoice processing within EnCana, reducing the internal effort required and accelerating payment.

EnCana has been using OpenInvoice to process invoices electronically with an ever increasing number of suppliers since November 2001. To date, we have processed over $12 billion in electronic invoices. EnCana invoice approvers are currently averaging 17 days to approve these electronic invoices, ensuring that the vast majority of them are paid within the agreed terms.

Electronic Invoicing Benefits
There are numerous benefits to electronic invoicing to both EnCana and our suppliers. EnCana’s primary business driver is to process invoices more efficiently and consistently pay our suppliers on a timely basis.
 
Benefits to you include:

• Expedited invoice processing and timely payment according to terms
• Ability to track the status of each invoice; no more “lost” invoices
• On-line review process allowing for faster resolution of disputed invoices
• Easy to use, web-based interface
• No transaction costs

If your company wishes to take advantage of these benefits by invoicing EnCana electronically; please contact eInvoicing Support in Canada or Vendor Enablement in the U.S. for more details.

in Canada: eInvoicing Support Phone: 403-645-3113 Email:einvoicingsupport@encana.com

in the U.S.: Vendor Enablement Phone: 720-876-3697 Email:VendorEnablement@encana.com