Fractional CFO for Oilfield Services

Every rejected invoice restarts a 30-day clock. Most oilfield service companies submit blind.

OilCFO is an AI-powered back office for oilfield service companies. We validate every invoice against operator-specific rules before submission, manage your AR, and give you CFO-quality reporting without the CFO price tag.

60–90
Days to actually get paid
15 min
Per invoice, manually prepared
3–4
Portals per service company
$0.80
What factoring pays per dollar
The arithmetic of getting paid late

If you run a $5 million oilfield services company, you probably have $600,000 tied up in receivables right now. Not because your operators are dishonest. Because the system between completing work and collecting payment is broken in half a dozen places.

A handwritten field ticket sits in a truck cab for a week. Your office admin spends 15 minutes keying it into QuickBooks and submits an invoice to the operator’s portal. The invoice bounces. Wrong AFE code. One operator wants one format, another wants something different. The 30-day payment clock, which hadn’t started yet, still hasn’t started. Your crew did the work two months ago.

We maintain a library of operator-specific rules and use AI to reverse-engineer more from your own submission history: what got approved, what got kicked back, and why. Every invoice runs through validation before it leaves your office. The same document that took 15 minutes to prepare, and might still get rejected, clears in seconds. Your invoices go out right the first time. The payment clock starts on schedule. And you stop bleeding margin to delays and factoring fees.

OilCFO
Get paid for the work you’ve already done.
What We Do

Three problems, handled.

01

AI Invoice Validation

Our AI checks every invoice against operator-specific rules before submission. AFE formats, PO matching, cost center codes, attachment requirements. Errors get caught in seconds, not after a 30-day rejection cycle.

02

AR Management

Aging reports, payment tracking, collection follow-up. We know which operators pay in 47 days and which stretch to 85. You get a clear picture of your cash position, updated weekly.

03

CFO Reporting

Cash flow forecasts, profitability analysis, and the financial oversight that helps you bid on bigger contracts with confidence. Real reporting, not a QuickBooks printout.

The Impact

For a $5M service company

$68–110K
Working capital freed by reducing DSO 5–8 days
75%
Reduction in billing time, roughly one full headcount recovered
<2%
Target rejection rate with AI-validated invoices
$150K
Annual savings from eliminating PO mismatch losses (3% of working capital)

If you’re tired of waiting 90 days for work you finished last quarter

We’re taking on a small number of oilfield service companies for our initial engagement. No long-term contracts. No software to install. Just better invoicing, faster payment, and a clearer picture of your cash.

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