By Natalie Walker, Customer Success Specialist – Accounts - APAC, Krux Analytics
In drilling, speed matters. Not just in drilling, but in getting paid.
For drillers, delayed invoicing can mean weeks (or more) of waiting for revenue that’s already been earned. For resource owners, slow reconciliation creates bottlenecks in finance, disrupts cash flow, and erodes trust between partners. And for both sides, the root cause is often the same: fragmented data and manual processes.
At Krux, we believe reconciliation should be fast, accurate, and frictionless. Because when your data is clean and your workflows are aligned, billing becomes a strategic advantage, not a monthly headache.
The Hidden Cost of Manual Reconciliation
Most mining operations still rely on a patchwork of spreadsheets, emails, and disconnected systems to manage field data and invoicing. That means supervisors manually enter shift reports, finance teams chase down missing billing information, and discrepancies are discovered only after invoices are sent.
The result? Rejected bills, delayed payments, and hours of wasted time.
It’s inefficient, and it’s expensive. Revenue loss from billing errors can quietly drain profitability. And the longer the reconciliation cycle, the slower your cash flow.
How Krux Streamlines the Process
Krux transforms reconciliation from a reactive chore into a proactive workflow.
Field data is captured directly through the KruxLog app — in real time, from any device. Built-in validations ensure accuracy at the point of entry, and offline mode allows teams to work even in low-connectivity environments. Once a connection is restored, data syncs automatically to the cloud.
From there, Krux centralizes all operational data into a single platform. Supervisors, operations managers, and even finance teams can validate and approve reports at multiple levels, ensuring that every shift aligns with contract terms and pricing agreements.
With clean, validated data in place, invoices can be generated quickly. Billing cycles shrink from weeks to days. Disputes drop & trust grows.
Why It Works
The key is automation and alignment. Krux doesn’t just digitize your data – it organizes it, verifies it, and connects it across teams. That means fewer errors, faster approvals, and a clear audit trail for every invoice.
It also means your finance or operations team isn’t stuck reconciling reports from multiple systems. They’re working from a single source of truth that’s up to date and accessible from anywhere.
And because Krux is built for specifically for drilling, it understands the complexity of your contracts, workflows, and operational realities.
The Bottom Line
You’ve done the work. You deserve to get paid quickly, and without the friction.
Accelerating reconciliation isn’t just about improving admin. It’s about unlocking cash flow, strengthening relationships, and giving your team more time to focus on what really matters.
Want to learn more?
Download the full Krux Analytics Guidebook to Optimize Your Drilling and discover how streamlined reconciliation can transform your operations.
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