Close The Books Faster
Close out each period faster and error free, giving you and your customers confidence and the ability to focus on maximizing the overall efficiency of the operation instead of searching for missing data.
Manage Contracts
Contract Terms - Includes the ability to identify the contract party, the mode of transport, drop locations, load/delivery windows, Import duties, commissions, payment terms, and general terms.
Contract Segments - Includes the ability to identify multiple records per contract, including product grade, location, pricing formulas, quantity, product specifi cations, and credit releases
Contract Charges - For storage and
transportation contracts includes all
details associated with charges for
storing or transporting volumes.
Complete Measurement and Inventory Management
Book and Physical Inventory - Management of all book inventory positions, consisting of opening book inventory, receipts, deliveries, loadings, transfers, adjustments, over/shorts, and closing (total) volumes, as well as total visibility of physical positions.
Inventory Reconciliation - If the physical and book inventories are different, reconcile the difference between the two by adjusting the book inventory.
Measurement Management - Complete
capability to manage and correct
measurement data fully compliant to API standards, calculate and recalculate net volumes, and generate meter factors using pipe proving runs to calculate corrections.
Integrated Billing and Invoicing
Transportation and Storage Charges - Create charges or transportation, storage and other services that logistics providers encounter. This includes charges
for additives, handling of product, activities such as transfers, heating and blending and approximately 150 other logistics specifi c charges.
Invoicing - Automatically generate
invoices which customers can view
through the online portal.
ERP Integration - Confi gurable integration to customer ERP systems supports seamless reporting of business transactions to the
enterprise.