Oil and Gas Data Exchange and Workflow Provider Recognized for Software Development Leadership

Denver and Houston (PRWEB) April 29, 2014

Oildex, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the Denver Business Journal recognized Oildex as one of the top software development companies in the Denver-area. This is the third time Oildex was recognized by the Denver Business Journal for software development leadership.

Based on more than 20% Y/Y revenue growth, Oildex ranked #4 on this year’s list of Top Software Developers, up two positions from its previous ranking. Oildex’s strong revenue growth is attributed to a record-breaking year of customer adoption.

This honor comes as Oildex continues to deliver on its ambitious development roadmap of new products, features and enhancements – all designed to improve operational efficiency, better visibility into cash management and more profitable business relations for upstream oil and gas customers.

“Oildex is honored to be recognized as one of the top software developers in the Denver-area. This achievement further validates the momentum we are experiencing within the market,” said Mike Weiss, Oildex Vice President of Engineering. “Paired with Oildex’s strategy for continued growth, there is much more ahead for Oildex, and more importantly, our community of oil and gas operators, their suppliers and partners.”

About Oildex
Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations enabling companies to shift from paper-based processes to electronic and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit http://www.oildex.com.