Oil & Gas
The procurement & supplier intelligence platform for oil & gas companies
Gain visibility into your spend and suppliers — all in one place. From reducing costs and risks to identifying the right suppliers, Ignite gives you the data and insights to drive better decisions.
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Trusted by leading oil & gas companies
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Challenges
Tackling procurement challenges in the oil & gas industry
Procurement in oil & gas is high-stakes, with strict compliance demands and rising pressure on costs and emissions. Ignite brings your procurement data into one place, helping you find cost-saving opportunities, manage risk, and stay compliant across projects and suppliers.
Lack of spend transparency
Decentralized purchasing makes it tough to get a clear picture of spend and suppliers, limiting visibility and control.
Complicated supplier qualification
Ensuring that suppliers are financially stable and compliant with requirements is crucial. But collecting required documentation and quality assurances is time-consuming.
Scattered emissions data
Data spread across systems makes it harder to calculate and report scope 1, 2, and 3 emissions. It adds complexity when working to comply with legislation, reduce emissions, and hit sustainability targets.
High non-contracted spend
Without a clear overview of contracts and frame agreements, purchases fall outside them, leading to missed cost-saving opportunities and more risk.
Ignite capabilities
Gain spend visibility and identify reliable suppliers with Ignite
Centralize spend and supplier data, increase contracted spend, and reduce risk for total control of your work.
Dig deeper into your spend
Get a clear overview of your spend across your company and projects in one place. With Ignite, you can consolidate and harmonize data from multiple ERPs and projects, giving you complete control over your spend.
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Increase contracted spend
Centralize all your contracts and frame agreements on Ignite, and connect them with your spend data. With a single source of truth, you can efficiently track contracted spend and compliance across your company and projects.
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Reduce costs and improve working capital
Easily uncover cost-saving opportunities across all spend using ready-made dashboards. Get data-driven insights to consolidate your suppliers, negotiate based on price trends, or reduce working capital.
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Get a complete supplier overview
Find all your suppliers, performance, and essential information in one place, to identify the best ones to work with and reduce risk.
Conduct internal quality assessments and enrich your suppliers with social or financial risk indices, or custom data sources like EPIM JQS, to achieve compliance.
Conduct internal quality assessments and enrich your suppliers with social or financial risk indices, or custom data sources like EPIM JQS, to achieve compliance.
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Track your scope 1, 2, and 3 emissions
Using our Greenhouse Gas Protocol-validated methodology, Ignite helps you calculate your emissions to report internally and comply with the Corporate Sustainability Reporting Directive (CSRD).
Identify opportunities to reduce your biggest emissions across suppliers, categories, and projects, and compare your progress year-over-year.
Identify opportunities to reduce your biggest emissions across suppliers, categories, and projects, and compare your progress year-over-year.
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Hear from our customers
See how Ignite helps companies achieve their goals
"Ignite is a scalable solution. By investing time to thoroughly categorize transactions in the first year, the rules carry over to the following years.
The knowledgeable team is always ready to help with any challenges and questions. It's clear that smart people create smart solutions."
The knowledgeable team is always ready to help with any challenges and questions. It's clear that smart people create smart solutions."
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“The Scope 3 data from Ignite is helping us shape our climate transition plan, providing insights into which products and services we should focus on to achieve emissions reductions in the future.
Ignite is also helping us build a better understanding between our sustainability and purchasing teams, to make sure we join forces on key challenges such as helping our teams choose greener products.”
Ignite is also helping us build a better understanding between our sustainability and purchasing teams, to make sure we join forces on key challenges such as helping our teams choose greener products.”
"Ignite helps us manage our spend, making it easy to work fact-based with procurement across all our business units and categories.”
"We no longer have to sift through static reports. Ignite dynamically displays updated spend data tailored to each situation. Whether we’re preparing for a supplier evaluation or managing a category, Ignite helps us find and display the data in a way that drives better results.”
Customer success story
Slashing consulting costs, achieving full spend transparency, estimating CO2, and more
How procurement innovation saved this construction giant hundreds of hours monthly, allowing them to focus on its core mission of driving sustainability and compliance.
Veidekke
Veidekke’s procurement was decentralized, with data in various formats stored across multiple procurement centers.
While this setup offered flexibility, it was challenging for Veidekke to keep track of what and where they were spending and how it contributed to their overall goals. There was little to no transparency in their spend and procurement operations.
Veidekke needed a solution to manage all this to save time, cut costs, and boost collaboration between departments. See how they used Ignite make it happen.
Read their story
“Ignite stops the drudgery of maintaining and updating complex data sets. It lets us focus on what we do best - discovering areas for improvement, defining strategies and making data driven decisions.
Ignite has helped us meet our compliance obligations, emission-reduction goals, and has dramatically boosted our productivity.”
Ignite has helped us meet our compliance obligations, emission-reduction goals, and has dramatically boosted our productivity.”
From our blog
Resources
Learn about sustainable procurement best practices.
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