New economic and operating constraints are increasing the pressure on refiners and petrochemical manufacturers to reduce already tight margins.  AX4energy solutions make it possible to visualize operations and collaborate in real time to give refiners and petrochemical manufacturers maximum visibility and control over manufacturing operations.

Key Functionality:

• International Compliance
• Operational Reporting
• Division of Interest
• Joint Venture Accounting
• Authorization for Expenditure
• Revenue Accounting
• Cost Center Management

Benefits:

• Aggregate data from disparate sources and provide dashboard views to help operators decide whether to purchase crude on the open market or plan production to take advantage of emerging opportunities
• Help workers anticipate, troubleshoot, and resolve problems quickly, thereby avoiding unplanned downtime using communication and collaboration tools
• Manage resources and downtime proactively using role-based communications and collaboration tools to ensure that the right people can access the information you need
• Increase visibility into operations to gain greater control over costs and improve efficiencies of scale
• Provide AFE creation, modifications and workflow made for Oil and Gas processes
• Track supplements to AFE’s with approval tolerances and audit trails
• Accurate review of budget to actual reporting
• Oil and Gas / Commodity Marketing
• Embedded and customizable contract templates for purchase, sale, transportation and storage agreements.
• Flexible price builder utilizing mathematical functions, price floors and ceilings, associated contracts and other system attributes to construct price formulas
• Embedded price simulator utilized to evaluate ‘what if’ pricing, transportation, storage fee and other charges
• Customizable analysis of historical production
• Online credit review, analysis and approval by business associate integrated with accounts receivables and payables