Transzap

Specialties

Transzap™ simplifies financial and operational processes by replacing paper-​based tasks with digital data and workflow. The SaaS-​based system (Software as a Service) provides unparalleled access to information about how and where a company spends its money. Through its line of Oildex services, Transzap provides one of the energy industry’s largest internet-​based data exchanges serving over 8,400 companies and 200,000 users. Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner /​producer relations data hosting, check stub reporting (CDEX), crude oil data exchange (CODE), gas data exchange (GRADE), production and sales volume reporting and joint interest billing (JIB Connect™).

History

Established in 1999.

Transzap, Inc was founded in 1999 by an innovative team of business professionals. Leveraging their expertise in operations and supply chain management, Transzap created a comprehensive suite of services to simplify business processes through the use of digital data and workflow tools.

Since its inception, Transzap has emerged as a market leader, with tens of billions of dollars in transaction detail flowing through the company’s systems each year.

Transzap provides services for buyers and suppliers and a line of energy industry-​specific data exchanges through its Oildex service line.

Meet the Business Owner

Peter F.

Business Owner

Peter Flanagan has an M.S. degree in Geophysics from the University of Arizona, and worked for Amoco Corporation for 5 years. In 1988 he cofounded and was president of Parallel Geoscience Corporation of Austin, TX, which develops software for the Oil and Gas Exploration Industry. In 1993, he sold his interest in Parallel and founded Reflection Software which developed the «SeisVision» mapping software product for the Oil and Gas Industry. In 1995, Reflection Software was acquired by Landmark Graphics Corporation, of Houston, TX. Peter served as Geophysical Software Product Manager for the Landmark GeoGraphix division for three years, prior to founding Transzap.