How Joltly is using AI to turn messy revenue statements into clean, upload-ready data.
When I first got into oil and gas, one of the things that caught me off guard was how hard it was just to get your own revenue data organized.
Related on Joltly: revenue statement automation.
Every month, statements start trickling in from different purchasers and operators. Some show up as PDFs. Others are scanned. A few come in Excel if you’re lucky. There's no consistency, and there’s definitely no automation.
So what ends up happening?
You forward the files to your bookkeeper or accounting team — or you try to handle it yourself. You dig through each statement line by line, trying to match up production dates, volumes, prices, and deductions. You key everything into spreadsheets or accounting systems manually. Then you go back and double-check decimals and net payments just to make sure you didn’t miss something that could mess up a JIB or a partner payment.
It’s repetitive. It’s error-prone. And it eats up way too much time.
That whole process? It feels like it hasn’t changed in 20 years.
At Joltly, we’re building a tool that makes this whole mess go away.
We’re launching an AI-powered revenue processing system in mid-June 2025 that turns unstructured revenue statements into clean, upload-ready data — without the manual busywork.
Here’s how it works:
Whether you receive your revenue statements via email or download them yourself, just upload them into Joltly — PDFs, Excel files, or even scanned docs. If you email them to us, we’ll automatically pick them up and start processing.
Joltly’s AI reads the statement and extracts key info: purchaser name, well codes, production dates, volumes, prices, deductions, and payment amounts. It takes what used to be hours of data entry and does it in seconds.
You can review the data in Joltly and make any final tweaks if needed. Then export it into a format that matches the template your accounting system already supports — whether that’s Excel or a flat CDEX file.
We’re not trying to replace your accounting platform. You just upload the file into your existing oil and gas accounting system using its normal revenue voucher or import tool. Done.
If that sounds like something you’d want to be part of, book a call with me and we’ll get you on the waitlist.
Let’s make revenue processing suck a little less.
Get quick answers to common queries in our FAQs.
You only pay for what you use — no seat fees and no modules you don't need. Pricing is a monthly platform fee plus usage on documents processed, ACH payments, mailed checks, and the workflows you turn on. We size it to your actual monthly close so it scales with the work, not your headcount.
A smaller operator running 25 documents, 10 ACH payments, and 2 mailed checks a month would be priced on that exact volume. A larger operator at 100 documents, 50 ACH payments, and 10 checks pays predictably more. You always know what you're spending because it tracks the actual close.
Joltly connects directly to QuickBooks and Quorum On-Demand Accounting, and supports file-based export workflows for systems like PakEnergy and Integra. It manages accounts, items, vendors, partner mappings, JIB clearing, revenue liabilities, and netting accounts inside your existing setup.
Both sides of settlement. On expenses: invoice review, GL coding, approvals, JIB creation, ACH and check payments. On revenue: statement OCR, partner distributions, remittance emails, and netting between JIB receivables and revenue payouts — so your team replaces spreadsheet work and email follow-up during close.
Yes. Your wells, partners, revenue interests, GL mappings, approval flow, export formats, and partner-facing statements are configured per operator. Most customers go live on their existing chart of accounts and ERP setup — no rebuild required.
