Factor petroleum accounting software

Learn and share insights through blogs, discussions, and events and find out how sap can help your oil and gas business run better. Over the years, other software automation solutions were developed, giving factor a full suite of enterprise resource planning applications that address the accounting, ecommerce and decision support needs of petroleum marketers and convenience store owners. Calculate automatic refilling by julian date or k factor schedules. It can also track the status of leases and share it throughout a company while automatically posting land payments to the general ledger. Research the education requirements, licensure information and experience required for starting a career in industry accounting. As the first company to develop an oil and gas accounting software.

Created to make monitoring and reporting a seamless and accurate process, red river software fuel is the jobber software and petroleum software of choice when it comes to fuel marketing. Factors solutions provide accounting, convenience store. Jul 04, 2017 learn more from our implementation experience in the oil and gas sector. Fuel oil delivery software and fuel management software.

To research and encourage others to carry out research in. There are not many software companies out there that can handle the type of functionality and customization we need. Bookworks tracks your delivery process from start to finish. Factors solutions provide accounting, cstore, wholesale, and fuel management software solutions, giving customers endtoend visibility into their entire business operations, so they. Compare leading oil and gas accounting systems to find the right solution for your business.

Factors solutions provide accounting, cstore, wholesale, and fuel. Gallun is a retired professor from university of houstonclear lake and has taught oil and gas accounting for more than 17 years. Pdi has acquired the accounting, convenience store, wholesale and fuel management software of factor, a wr hess company. Petroleum fuel distribution software, petroleum marketers. Assign default petroleum taxes to customers and products. Compas commander our flagship product is a complete, totally integrated petroleum accounting software. Bookworks petroleum management software provides home heating.

Factorfox software factoring software developed by factors. Pd petroleum distributor oil and gas software 2020. Whether you are a hvac company, plumbing company or any other service industry company that also deals with fueloil delivery, propane delivery, or kerosene delivery services to residential customers or commercial customers, the wintac software is right for you. Oil and gas production software total stream systems. Maximize your efficiency with bookworks petroleum accounting software. About aims wholesale petroleum accounting software. Fuel accounting software petroleum accounting software. Aims offers a suite of sophisticated software solutions designed to help you, a petroleum marketer, efficiently control your financial and operational management.

Partners and collaborators make trinium trucking and transportation software products a multidimensional solution. Factor develops fully integrated accounting, cstore, retail, wholesale and fuel management business solutions software for the petroleum marketing and convenience store automation industry. Streamline your operations and reduce costs with samsaras allinone platform for fleet management. Oil and gas software packages midstream erp solutions. Find the best fuel delivery software for your business. Fuel petroleum accounting software trinium technologies. The new standard for oil and gas accounting professionals. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions. From basis guidelines, to complex issues such as business combinations and risk management, this. Livetothesecond gps tracking shows your vehicles in real time and pairs with rich reports so you can plan better routes, dispatch drivers at the last minute, and share accurate etas with customers. The trinium ams is a complete accounting system including a general ledger, accounts payable, accounts receivable and. Copas is the authoritative organization for accounting professionals in the oil and gas industry. Petroleum rx has been serving the technical needs of petroleum jobbers in the u.

Aims proprietary general ledger, the foundation of the. Fuel accounting software corporate fuel division fuel accounting software trinium ams accounting management system this fully integrated petroleum accounting system comes bundled with the. Petroleum refining design and applications handbook wiley. Hydrocarbon accounting has a wider scope, taking advantages of allocation results, it is the petroleum management process by which ownership of extracted hydrocarbons is determined and tracked from a point of sale or discharge back to the point of extraction. We not only specialize in the development and maintenance of a complete and integrated accounting.

Petroleum distributor pd is a fully integrated solution that is designed to expand mas 90200 and assists users with unique petroleum tax capture and reporting needs. The product is quickly becoming established as the ultimate tool for accurate production data, through offering one version of the truth to all consumers of. Reviews on mac, windows, ios, android, and webbased systems. Add systems software for fuel delivery and convenience.

Oil production software with data collection, reports, charts and graph creation features for petroleum engineers, technicians, etc. Our software system, the complete jobber, is a full complement of software and related services including. Pdi acquires wholesale petroleum firm csp daily news. Oil and gas accounting software focuses on tracking energy projects and partnerships, including the acquisition and development of land leases for natural resources. In addition, factors such as renewable fuel sources, biotechnology and. Bookworks tracks your delivery process from start to finish and maximizes productivity by controlling receivables and inventory, while improving your delivery efficiency. It does a really good job of handling the oil and gas side of the accounting. Distribution inventory management software oil and gas accounting software truck. Hydrocarbon accounting hca, is defined as the system by which ownership of oil, gas, gas liquids and produced water is determined and tracked from the point of production to a point of. Compare products like p2 bolo, traxview, iwell, and more.

Factor inc 3030 northwest expy oklahoma city, ok petroleum. Todays acquisition will enhance pdis strong wholesale petroleum expertise and. We work with a growing list of leading technology providers and interface. This list is based on numerous factors such as level of integration. It offers a variety of modular software solutions and services for the wholesale and retail petroleum marketing industries, all powered by the factor. Livetothesecond gps tracking shows your vehicles in real time and pairs with rich reports so you can. Factor s headquarters is located in oklahoma, oklahoma, usa 73112. Integrated solution used in combination with elliott business software, cybermac petroleum distribution software streamlines your accounting and customer interactions by greatly reducing the amount of manual input required.

It does a really good job of handling the oil and gas side of the accounting software package. Jan 24, 2014 hydrocarbon accounting hca, is defined as the system by which ownership of oil, gas, gas liquids and produced water is determined and tracked from the point of production to a point of sale or discharge. Copas oil and gas industry accounting professionals. Pdi has acquired the accounting, convenience store, wholesale and fuelmanagement software of factor, a wr hess company. The determinates of selecting accounting software clute journals. Factor provides accounting, retail, wholesale and fuel management software solutions for the petroleum marketing industry. Pdis enterprise, wholesale and logistics management software. One of the many reasons we chose factorfox is their ability to white label the software as well as provide the custom programming in the back end to factor the invoices the way we need them to calculate. Following our implementation of quickbooks accounting software in an oil and gas company, we will be. Factor s solutions provide accounting, cstore, wholesale, and fuel management software solutions, giving customers endtoend visibility into their entire business operations, so they can make. With both customer service and compliance front of mind, rrs fuel keeps users current, compliant, and technologically efficient.

Theres folks that have worked with us before who have you sherware and so many folks that are also in the industry who have it. Rich has extensive sec accounting and reporting experience and specialized knowledge in the areas of oil and gas accounting, acquisitions and divestitures, income taxes, and stockbased compensation. The institute of petroleum accounting institute was created in 1980 to accomplish three principal objectives. Rich has served a wide range of public energy companies, including independent and integrated oil and gas companies and multinational drillers. Learn more from our implementation experience in the oil and gas sector. Factor was acquired by pdi software on september 28, 2018.

Fuel distributor software software for fuel distributors. Factor s core solution, executrak, is a comprehensive solution for back office accounting and automation for multiple lines of business dealing with wholesale fuel, convenience stores, home heating, consignment dealers, propane, lp gas, and lubricant distributors. There is a renaissance that is occurring in chemical and process engineering, and it is crucial for todays scientists, engineers, technicians, and operators to stay current. The purchase marks pdis 11th acquisition in just less than two years and will add factors wholesale petroleum expertise and bolster pdis wholesale portfolio and customer roster. Founded in 1978, factor was initially created as an accounting automation solution for its familyowned sister company, hess oil. Pdi acquires factor, a part of the wr hess company. We have been providing integrated software systems for petroleum distributors and petroleum retailers since 1985. Move software suite our primary product axis is a flexible hydrocarbon accounting system that provides the global energy industry with enhanced data integrity and operational insight. Fuel accounting software corporate fuel division fuel accounting software trinium ams accounting management system this fully integrated petroleum accounting system comes bundled with the trinium fms, trinium cms or both. Copas provides expertise for the oil and gas industry through the development of model form accounting procedures, publications, and education.

Bookworks petroleum management software provides home heating marketers a complete solution that is affordable, effective and easy to use. Designed to accommodate organizations of all sizes, petrocomp accounting functionality includes multicompany and intercompany transactions. To research and encourage others to carry out research in accounting, finance, taxation and economic problems of the extractive industries. First to develop a petroleum accounting software solution uniquely for petroleum marketers first to upgrade our entire system to new microsoft technologies high customer loyalty 84% of our clients have been with us more than five years. Rich has extensive sec accounting and reporting experience. Over the years, other software automation solutions were developed, giving. Sep 28, 2018 factors solutions provide accounting, cstore, wholesale, and fuel management software solutions, giving customers endtoend visibility into their entire business operations, so they can make. Since our inception in 1979, factor has been committed to providing companies in the petroleum marketing and convenience. Designed specifically for petroleum marketers, it adapts to the way you run your business with everything required to manage. Stay up to date on the latest innovations, trends, and solutions by joining other oil and gas stakeholders. First to develop a petroleum accounting software solution uniquely for petroleum marketers first to upgrade our entire system to new microsoft technologies high customer loyalty 84% of our clients.

Pdi acquires fuel management software provider convenience. She has published articles for the petroleum accounting and financial management journal, oil and gas tax quarterly, and two international journals. Cybermac is the ultimate fuel distribution software especially designed for the unique needs of the petroleum industry. Oil and gas industry accounting professionals organization. Our peoplefirst approach, combined with our 35year heritage and bestinclass technology, help you thrive in todays digital economy. Designed specifically for petroleum marketers, it adapts to the way you run your business with everything required to manage users and data in a way that works for your operation. Learn and share insights through blogs, discussions, and events and find out how sap can help your. Retired pwc partner dennis jennings, longtime author and final editor of the energy business standard petroleum accounting. Whether you are a hvac company, plumbing company or any other service industry company that also deals with fueloil delivery, propane delivery, or kerosene delivery services to residential customers or. We not only specialize in the development and maintenance of a complete and integrated accounting software package for petroleum marketers but also offer a vast assortment of technical solutions to meet business needs. Pdi convenience store software wholesale petroleum. The terms hydrocarbon accounting and allocation are sometimes used interchangeably. Avatar systems delivers the cuttingedge oil and gas accounting applications. Integrated solution used in combination with elliott business software, cybermac.

Deltek erp software provides the energy, oil and gas industries with project, risk. Pdi, the leader in enterprise management software for the convenience retail and petroleum wholesale markets, delivers software solutions to connect to intelligent business. Hydrocarbon accounting has a wider scope, taking advantages of allocation results, it is the petroleum management. Pdi connections pdi telapoint software pdi fuel advisors pdi firestream checks en english. We work with a growing list of leading technology providers and interface partners to meet the demands of our customers.

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