Hashlogics
Answer

How do you cut DSO in oilfield services?

Your cash isn't late because operators pay slowly. It's late because your ticket spends its first week riding around in a truck.

Where the days come from

5 things that decide this

  1. 01Your DSO drops when the field ticket stops being a piece of paper that has to physically reach an office. Digital capture at the wellsite, same-day supervisor approval and invoicing on approval remove most of your controllable delay.
  2. 02Enverus's field ticketing research names the pattern: crews drive tickets to offices for approval, lost and illegible tickets stall billing, and payment slips by weeks.
  3. 03The clock that matters runs from your work completed to your invoice submitted. Everything after submission belongs to your operator's payment terms. Everything before it belongs to you.
  4. 04Operator portals like OpenInvoice reject incomplete submissions, so a ticket that arrives digital, signed and coded passes first time instead of bouncing back to you.
  5. 05Disputes are your silent DSO killer. A ticket with photos, GPS-stamped times and the company man's signature settles arguments before they start.
Where the days go

Count the ticket's journey, not the operator's terms

Trace one of your tickets and the arithmetic explains itself. Your crew finishes work Tuesday, and the ticket rides in the truck until Friday, when someone passes the yard. It waits in your supervisor's pile over the weekend, and you code and key it in midweek. Your invoice goes out the following Friday, ten days after the work, and your operator's payment clock hasn't even started.

None of that is a collections problem for you. It's a document logistics problem, and it compounds: your lost ticket becomes unbilled work, your illegible one becomes a phone call, and your disputed one restarts the whole cycle with a rejection attached.

Ticket to cash, rebuiltLive
  1. CaptureDigital ticket at the wellsite, offline-safe
  2. SignCompany man signs on the spot
  3. ApproveSupervisor reviews same day, on a phone
  4. InvoiceGenerated on approval, coded for the operator
  5. SubmitStraight to the portal, first-pass clean

The redesign target is simple to state: an approved ticket becomes a submitted invoice inside 48 hours of the work.

The levers, in order

Five moves that shorten ticket-to-cash

Sequence matters for you, because each lever feeds the next. Digital capture makes your same-day approval possible, and same-day approval makes your invoice-on-approval possible. Clean coded data makes your portal submission pass first time, and the evidence you capture at the wellsite makes disputes rare and short.

  • 01Capture your tickets digitally at the site, with the customer signature collected before your crew leaves.
  • 02Route tickets to your supervisors the same day, with approval possible from a phone.
  • 03Generate your invoice from the approved ticket automatically, including the operator's cost codes and AFE numbers.
  • 04Submit through the operator's portal with required fields validated before you send, so nothing bounces for a missing code.
  • 05Attach photos and timestamps to every ticket, so a query gets answered with your evidence instead of a credit memo.
Questions, answered

What ops and finance ask next

01How much of our DSO is actually under our control?+

Everything from your work completion to your invoice submission, which for paper-based operations is routinely a week or more of the total. You negotiate your operator's payment terms, but you can delete your ticket's travel time entirely.

02Will our crews accept digital ticketing?+

Yes, if the app is faster than paper and works with no signal. Offline-first capture is the requirement that decides this for you. A crew asked to find bars before saving a ticket will go back to the clipboard within a week.

03We submit through OpenInvoice. Does that change the design?+

It strengthens your case, because portals enforce field-level completeness, so validation belongs on your side, before you submit. A ticket you code and check at capture passes first time instead of joining a rejection queue.

04Where do disputes fit in this for us?+

Disputes are your DSO's long tail, and your fix is evidence at capture: photos, GPS-stamped times and a signature tied to the exact ticket contents. Most of your queries die when the answer arrives in minutes with attachments.

By Abdul Basit, CEO, HashlogicsUpdated
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