Telvent DTN Launches New Cost-Savings Solution for Downstream Industry

Share Article

Innovative technology to improve transactions, order management and invoicing processes for fuel marketers

News Image

Telvent GIT, S.A., a leading real-time IT solutions and information provider for a sustainable world, announced today the launch of DTN Fuel Admin™, a unique dashboard solution to improve bill-to-cash cycle for fuel marketers. Fuel Admin provides users standardized electronic bills of lading (eBOLs) faster than any other solution on the market. Fuel marketers can now rely on near real-time delivery of accurate, pre-translated eBOLs, speeding up billing processes and leveraging significant cost-savings in an increasingly volatile and weak economic environment.

Complex BOLs, delivered form varying sources and on varying schedules, create administrative hassles for fuel marketers and impede the bill-to-cash cycle. Using Fuel Admin, users now have the capacity to receive streamlined, accurate electronic bills of lading and can rely on delivery within minutes of load completion. In addition, the new solution improves efficiency and profitability for marketers by providing standardized, easy to read eBOLs, cross-referencing from the most extensive BOL repository in the industry to meet user’s back office specifications without the need for further translation.

According to Telvent's chairman and CEO, Ignacio Gonzalez, “Fuel Marketers now have the solution they need to increase efficiencies in the back office. As an innovative leader in the refined fuels industry, Telvent DTN is committed to finding the best ways to provide our customers with cost-saving tools for every level of business.”

Telvent DTN is a leader in providing real-time information for refined fuels supply chain management solutions, managing 80 percent of the supply chain pricing and billing transaction interchanges in North America. As the industry expert in standardizing pricing information, more customers rely on Telvent DTN cross references to export prices into their back offices than any other solutions offered.

About Telvent

Telvent is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world’s leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. (http://www.telvent.com)

About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group’s 130,000 plus employees achieved sales of 22.4 billion euros in 2011, through an active commitment to help individuals and organizations make the most of their energy.
http://www.schneider-electric.com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Sandi Scott

(952) 851-7216
Email >
Visit website