A flexible, powerful,
integrated solution
accessed through a
single interface

Trade and Operation

Speed, Accuracy and Profitability

Challenges

Physical traders need to manage market risk when performing MTM and exposure calculations. They should not rely on macro based spreadsheets as these are prone to error or file corruption.

Operators understand that different oil products have different supply chains and cost structures, which have a direct impact on profitability.

Features

Physical Deals Management allows:

  • Trade capture (spot and/or from contracts)
  • Back-to-back deals
  • Fixed and formula based pricing
  • Flexible cost allocation at multiple stages of the deal and across multiple deliveries
  • Prices adjustments based on escalation clauses (quality based discount/premium after delivery)
  • Accurate pricing formula and MTM

Term Contract Management allows:

  • Term contract deals for physical purchase and sale
  • Nomination against term contracts
  • Term contracts tracking against usage and expiry dates

Delivery Planning handles:

  • Standard and user-defined delivery modes
  • Barge/vessel load planning
  • Rail/truck and pipeline deliveries

Labs and Claims Management allows:

  • Multiple lab test results capture
  • Lab results and ordered spec comparison
  • Multiple types of claims creation

Standard reports

  • Open Inquiries: List all inquiries sorted by ETA for a period with different status. The objective is for each user to easily filter and see the outstanding inquiries to quote
  • Open trade: List all orders sorted by ETA for a period with different status. The objective is for each user to easily filter and see the outstanding orders to plan and deliver
  • Open Deliveries: List all deliveries for a period with different status. The objective is for each user to easily filter and see the outstanding deliveries in order to track inventory and invoices
  • Operations dashboard
  • Physical trade performance
  • Physical trade PnL (daily Pnl)
  • Pricing forecast
  • Financial position

*for advanced reports and dashboards check our Analytics application

Hedging

Hedge, Monitor, Forecast and Report

Challenges

Mitigate the market risk through proper derivative instruments.

Features

Hedging Management:

  • Hedging through swaps and futures
  • Assign hedges to physicals & hedge adjustment profitability tracking
  • Assign hedges to one or more physical deals and calculate combined profitability and hedge effectiveness
  • Facility to unwind hedge as per physical sale or purchase
  • MTM calculation
  • Snapshots of PnL and MTM for assumptions vs actual comparison
  • Position analysis: VAR calculations
  • Combine physical and paper deals
  • Risk map position – physical & paper

Standard reports

  • Trade PnL (physical and derivatives)
  • Pricing forecast (physical and derivatives)
  • Financial Position (physical and derivatives)

*for advanced reports and dashboards check our Analytics application

Inventory

Production and transport planning, cost and quality control

Challenges

  • Leverage your inventory assets
  • Maximise through-put

Features

  • Inventory valuation
  • Scheduling and planning optimisation
  • Multiple cost calculation method available: FIFO, weighted average, manual matching
  • Inventory balances tracking of every storage unit (terminal tanks, floating storage etc.) against the min, max and recommended levels
  • Expected and actual quantity tracking
  • Inventory quality tracking
  • Maintain the temperature, density and viscosity based information for every movement and for closing inventory
  • Track the inventory that is in-transit
  • Automated accounting and valuation of inventory by delivery through weighted average method
  • Capture/calculate the inventory gain or loss in terms of quality and dollar value
  • Automatic inventory adjustments in case of unplanned or diverted deliveries in multiple locations

Standard reports

  • Movement summary
  • Inventory summary

*for advanced reports and dashboards check our Analytics application

Financial accounting

Planning, control, compliance and auditing

Challenges

Fragmented and non-linear transactions lead to incorrect and inaccurate reporting

Features

Financials

  • Chart of accounts
  • Vouchers
  • Audit trail
  • Registers
  • Multi-company & consolidation

Payables/Receivables

  • Aged AP/AR
  • Allocations & expense management
  • Credit notes, counterparty management, counterparty statement, overdues
  • Payment vouchers, debit and credit notes, cash management and partial payment

Fixed Assets

  • Acquisition
  • Depreciation
  • Maintenance
  • Disposal

Standard reports

  • PnL reports
  • Balance sheet
  • Budget, actual & variance

*for advanced reports and dashboards check our Analytics application

Analytics

delivering real-time business, operational and financial insight

Analytics is a user friendly reporting tool, which provides business users with management and performance dashboards, as well as drilldown reports detailing specific areas of interest

Features

  • Standard management dashboard
  • Drill down reports on specific details
  • User customizable dashboard / reports
  • Advanced analytics
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