Upstream & Midstream Operators

Strengthen Supplier Relationships by Enabling Early Payments

Strengthen Your Supply Chain

Raistone’s Pay On Behalf (POB) solution allows your Oilfield Services Providers (OFSPs) to access advanced payment on invoices — in some cases, as early as invoice validation — without requiring any changes to your systems, contracts, or financial commitments.

Let’s get started.

Upstream and midstream operators can offer suppliers a powerful financial tool without taking on risk, cost, or complexity. It’s a seamless way to enhance supplier relationships, reduce supply chain risk, and support industry growth.

Tell us a little more about yourself and your business, and someone from our team of financial experts will be in touch.

How it works

Step 1

Ingest Invoices as Usual

Sign an agreement to join Raistone’s POB program, there will be no changes to your current accounts payable process.

Step 2

Suppliers Opt-in to Early Payment

You share invoice status and payment data, and Raistone works directly with your suppliers to accelerate payment through existing workflows.

Step 3

Pay on Normal Terms

You’ll gain an earnings enhancement on your spend, opening a new source of income.

Key Benefits of Raistone’s POB Program

No Contract or IPU Required: No legal agreements or onboarding needed.

Complements bank supply chain finance solutions that cannot expand to all desired suppliers due to onerous supplier on-boarding processes and jurisdictional limitations.

No Balance Sheet Impact: Early payments are funded by Raistone, not your capital or credit lines.

Support Supplier Growth: Enable your partners to grow alongside you, especially in capital-intensive environments.

Improve Supplier Performance: Financially healthy suppliers are more reliable, responsive, and innovative.

Strengthen Supply Chain Resilience: Help OFSPs access low-cost working capital to scale operations and meet demand.

Financing Growth for Oilfield Service Providers in the Energy Supply Chain

As operations for exploration and production companies grow more complex and capital-intensive, oilfield service providers are under increasing pressure to deliver while waiting months to get paid. In a sector known for being highly advanced and fast-paced, it seems the industry is optimized almost everywhere — except payments.