
Production Chemical Delivery
Smart Contract automates approvals of vendor field tickets for production chemical deliveries using SCADA data.
Smart Contract automates approvals of vendor field tickets for production chemical deliveries using SCADA data.
The Production Chemical Delivery Smart Contract automates approvals of vendor field tickets for production chemical deliveries using SCADA data, applies agreed pricing and business rules and creates configurable, pre-reconciled AR and AP invoices. The smart contract automates the review, audit and approval of the charges, removing up to 95% of the manual touches required by existing digital (but manual) systems. In field trials the smart contract has achieved up to 98.5% automation.
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