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Shawcor is a major integrated solutions company specializing in products and services for the oil and gas, petrochemical and industrial industries. Shawcor achieves greater efficiency with Pagero’s AP automation solution Customer case

Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

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Page 1: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

Shawcor is a major integrated solutions company

specializing in products and services for the oil

and gas, petrochemical and industrial industries.

Shawcor achieves greater efficiency with Pagero’s AP automation solution

Customer case

Page 2: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

Shawcor - a global leader in energy services

Shawcor is a major integrated solutions company specializing in

products and services for the oil and gas, petrochemical and industrial

industries. Shawcor has an international reputation for its commitment

to integrity, technology and execution. The company invests in and

concentrates on technological innovation and inventiveness, a culture

of continuous improvement and a focus on execution and performance.

With more than 80 plants and branch offi ces in 20 countries, its success as

a leader in materials science – with over 180 patents – it is committed to

research, development and pioneering innovation within its operations.

Accounts Payable – challenges of traditional approaches

Driven by its commitment to continuous improvement, Shawcor

identifi ed that its existing Accounts Payable process was impacting the

company’s overall customer experience, customer value and effi ciency.

“Prior to Pagero, Shawcor Accounts Payable was a manual process

which made it labor-intensive as well as time-consuming. In addition to

the extra time and human resource cost, the company implemented

a largely manual and mitigating control system and procedures to

avoid data entry errors, duplicate payments and late payments to

meet internal company policy and external compliance requirements”,

says Imad Barake, Vice President Finance - Corporate at Shawcor.

Shawcor uncovered several challenges

within its Accounts Payable processes,

including:

• Signifi cant labor and resource needs,

driven by the labor-intensive operations

• Inability to rely on process data for

timely decision making

• Extended processing times, increasing

the risk of late payment fees and

customer dissatisfaction

• Ineffi cient spend management and

control visibility

ERP system:IFS

Locations:Canada, US, Mexico, Norway

Service: AP automation

7 Shawcorentities

Page 3: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

“We chose Pagero because of its agility and scalabilityof their cloud-based network, and the responsiveness of

their team to our business needs and requirements.”

our ERP system. That part of the process was eliminated

with the help of Pagero. Now, all the information is

automatically sent directly into our ERP system”, says

Kelly Maningas, North America Accounts Payable & IFS

Implementation Supervisor at Shawcor. “We chose Pagero

because of its agility and scalability of their cloud-based

network, and the responsiveness of their team to our

business needs and requirements.”

Better visibility, better decision-making

Pagero off ers real-time visibility and connectivity with any

business partner, anywhere in the world, through a single

connection. Its many-to-many infrastructure standardizes

e-business communication to give customers access to

millions of companies without restriction.

“Pagero’s Accounts Payable performance and process

metrics off er us unique insight into vendors’ critical

data, helps us detect bottlenecks and identify potential

problems for quick resolution. We are getting more

reliable and accurate data, better visibility, and timely

and relevant information seamlessly integrated into our

ERP”, says Anna Velante, North America Accounts Payable

Supervisor & Fixed Assets Analyst at Shawcor.

Selecting the right business partner

Dedicated to improving operations and strategic decision-

making through the automation of its Accounts Payable

process, Shawcor identifi ed three criteria to assist in

selecting the right business partner. The ideal solution

needed to be:

• Cost-eff ective and easy-to-use, to support strategic

decision-making processes as well as daily operations

• Scalable and sustainable, to support Shawcor’s

growing operations, both within the United States and

internationally

• Delivered by a partner that was as committed to

pioneering innovation and technology as Shawcor,

providing long-term benefi ts for customers

The Pagero solution

Shawcor selected Pagero’s open, cloud-based network

to automate its Accounts Payable processes, which was

aligned with Shawcor’s objectives to streamline fi nancial

processes, enhance productivity and reduce costs.

“Before the implementation, we worked in a two-step

system. One person had to manually verify all the

information in our OCR system before it was sent into

Page 4: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

“Within a short amount of time, almost 40% of our

vendors’ invoices from select businesses and locations are

now being processed through Pagero Online, resulting in

us already achieving an almost 30% reduction in invoice

processing cycle times and costs. As the number of our

suppliers joining the network increases each week, these

savings will only continue to grow.”

“Within the last 12 months, Shawcor’s operations have

increased signifi cantly. Thanks to Pagero’s AP automation

solution, we can eff ectively and effi ciently manage this

increase in volume without investing into additional

resources”, says Israel Trejo, Controller at Shawcor.

Scalable, sustainable solutions

Pagero enables Shawcor to receive all invoices

electronically, regardless of whether their suppliers use

electronic invoicing. By partnering with Pagero, Shawcor

was able to off er multiple invoice delivery modes to its

suppliers, including PDF invoicing.

“Suppliers are a key and integral part of how Shawcor

creates value to our customers within our business

model. Partnering with suppliers in key areas, such as

equipment, raw materials and services, is a competitive

advantage and uniquely strengthens both businesses. By

supporting multiple invoice delivery methods, we have

been able to encourage and accelerate the on-boarding

process to achieve 100% digital fl ow of invoices within our

ERP system IFS”, says Imad Barake, Vice President Finance

- Corporate at Shawcor

With dedicated on-Boarding and support teams, Pagero

provides unrivalled customer service across the planning

and implementation phase, as well as to daily operations.

“The project management team was excellent at

answering questions and providing support while rolling

out the solution. Whether it was for our internal

department or for suppliers, I could have an answer to

a problem within an hour,” says Anna Velante.

In 2017, Shawcor commenced operations on the Sur De

Texas-Tuxpan Gas Pipeline project – a 497 mile (800km)

pipeline running from the U.S. to Mexico.

As one of the largest projects ever undertaken by Shawcor,

it involved 56,400 coated pipes produced across 3 coating

sites and 3 mobile sites.

“During this project, Shawcor’s AP team processed over

10,000 invoices from more than 1,000 suppliers. Pagero’s

automated AP solution helped us maintain operational

effi ciency and contain costs, despite the large scale of

this project,” says Imad Barake, Vice President Finance -

Corporate at Shawcor.

Sur De Texas-Tuxpan Gas Pipeline

Page 5: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

Innovation and technology – driving the future of project development

“We are excited about Pagero’s commitment to

expanding its solutions and continuously enhancing

the performance of its platform. By partnering with

Pagero, we have identifi ed several additional areas

through which we can increase our productivity and

effi ciency through automated business operations,

such as Accounts Receivable and Intercompany Netting

and Accurate Spend Management,” says Paul Pierroz,

Senior VP Business Services & Human Resources.

Shawcor Ltd. is a global energy services company specializing in products and services for the pipeline and pipe

services segment of the oil and gas industry and related products for the petrochemical and industrial market.

The company operates through a global network of fi xed and mobile manufacturing and service facilities and is valued

for its integrity, technology and proven capability to execute the most complex projects in its industry.

“As a global company operating in 20 countries, we

operate with multiple business structures and systems to

meet our customers’ needs. The ineffi ciencies and costs

associated with this demands a better way of managing

fi nancial and accounting processes, particularly regarding

intercompany billing and settlement. The Intercompany

Netting solution developed by Pagero is a very promising

solution for us.”

“We are eager to hear Pagero’s vision to strengthen its

presence in North America and to build further on its

platform to cover solutions around cash application and

vendor portal management solutions.”

“We are excited about Pagero’s commitment to expanding its solutions and continuously enhancing the performance

of its platform.”

Page 6: Shawcor achieves greater efficiency with Pagero’s … › downloads › ...Texas-Tuxpan Gas Pipeline project – a 497 mile (800km) pipeline running from the U.S. to Mexico. As one

www.pagero.com

Contact us

For more information about Pagero’s solutions or the Pagero-Shawcor partnership, please contact:

Paul Pierroz

Senior VP Business Services & Human Resources

[email protected]

25 Bethridge Road

Toronto, Ontario

M9W 1M7 Canada

Imad Barake

VP Finance - Corporate at Shawcor

[email protected]

Shawcor Pipe Protection, LLC

5875 N. Sam Houston Pkwy W. Ste 200

Houston, TX 77086

Erik Modh

Director of Sales, Pagero Inc

[email protected]

Phone: +1 (312)-375-0412

150 North Michigan Avenue

Suite 1950

Chicago, IL 60601

About Pagero

Pagero is committed to making e-business easy. We help companies digitise, automate, capture and interpret data so that

they can connect and engage with any business partner accurately and reliably through a single connection to our cloud-

based network.

Our global and open network is independent of ERP systems and designed to seamlessly communicate business documents

within the purchase-to-pay, order-to-cash and transport management processes. Regardless of company size or industry, we

provide real-time visibility, connectivity and unrivalled customer service.

Our value-added services enable our customers to ensure data quality, obtain 100% digital inbound and outbound business

document flow, minimise error handling, facilitate spend management, and achieve and maintain compliance with local VAT/

tax regulations. For more information, please visit www.pagero.com.

18offices

worldwide

250 +employees

1 500 000 +network reach

25 +years of fieldexperience