If your company is part of the highly competitive gas and fuel distribution industry, it’s absolutely crucial that you do everything in your power to keep up with or surpass the competition. In this technological day and age, one good place to start is by finding the best ERP (enterprise resource planning) software for your company. Just as its name implies, a good ERP product will provide your company with the capability to more efficiently plan and utilize your resources.
That can be complicated in an industry as complex as the petroleum business is. It’s not unusual for companies to be using different software products for various areas of the business – one for accounting, one for marketing, another for inventory management, and so on. But in order for your company to run at its peak of efficiency, it’s vital to have open communication back and forth between departments, between different divisions and with entities outside the company as well. That’s exactly what the right ERP fuel management software can do for you.
Thanks to ERP technology, a single software package can streamline and automate virtually every business task – inventory management, delivery of product to the customer, accounting, sales and marketing, etc. Today’s ERP software products facilitate not only communication between different departments within the same company, they also improve communication with customers and vendors, allowing your entire organization to work in unison.
So what are the specific qualities you should be looking for in ERP fuel management software for your company? First and foremost, consider what it takes to achieve success within the industry. It’s helpful to make a list of what you believe your company needs to accomplish in order to keep up with or surpass the competition, then ask the software developer you choose to work with to recommend the ERP gas distribution software that can best accomplish those items. Such a list might include the following:
- Accurately forecast delivery needs of clients
- Track inventory levels so you can keep up with the demands of your customers
- Coordinate activities of and streamline paperwork for tank wagons
- Calculate taxes due
- Analyze payment records of customers
- Track new payables, credit memos, etc., and streamline vendor accounts
- Maintain an accurate historical record of customer purchases
- Automate your company’s purchasing processes
- Improve relationships with customers and vendors, allowing you to keep track of communications more effectively and improve your reputation within the industry
It’s also important to make certain that whatever software developer you choose to work with has specific experience within the fuel and gas distribution industry. Create your own list, find the right software company and you’re well on your way to choosing the best ERP solution for your business.