Schlumberger Case Study

With operations in 120 countries and with 85,000 employees, Schlumberger needed to find ways to make its global payment processes as efficient as possible. Faced with multiple proprietary banking systems covering over 100 locations, and several banking relationships, the world’s leading oilfield services provider wanted to reduce transaction risks, improve working capital management, increase liquidity visibility and cut costs.

Schlumberger now uses Bankers Almanac Global Payments File ERP to to ensure its payments data is accurate and reduce failed payments.

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    “Bankers Almanac Global Payments File ERP normalizes all bank data in a consistent structure. In addition, no other provider matches the unique coverage that Accuity has, providing local bank codes for countries throughout the world, including those where Schlumberger operates.”

    Vincent Durieux
    Business Project Manager