Fueling Profits
PROBLEM
Millions of dollars are at stake if you have to measure, purchase, deliver, and sell oil, while satisfying all applicable laws for the transfer of petroleum. This is a 24 hour business with volumes that require the most sophisticated measurement capabilities to manage accounts across hundreds of suppliers and massive customers.
SOLUTION
We delivered a distributed accounting system that enabled accurate measurement and reporting to all stakeholders and authorities while streamlining operational procedures for a Regional North American pipeline and trucking organization.
RESULT
Today they are able to reduce the risk of forced audits, lost suppliers, and product shrinkage.
PROGRAMS
ENVIRONMENTS
- Crude measurement
- Pipeline accounting ERP
- Petroleum digital exchange
AUTOMATION + OPERATIONS
- Streamline billing, receiving and issue management
- Distributed processes and automation via handheld PCs
ANALYTICS
- Financial
- Environmental
- DOT reporting