TECHOIL CSTORE
ALL INCLUSIVE FUEL PLANNING & SUPPLY MANAGEMENT SYSTEM FOR CSTORES
Transforming the Way You Do Business
Take Control of Sourcing, Planning, and Dispatch
Techoil CStore is a complete, cloud-based fuel planning and supply optimization system designed for CStores/Fuel retailers with integrated solutions for Supply & Trading, Bestbuy and Dispatch, Invoicing and Taxation. With Techoil Dispatch, you can
Get real-time visibility on store inventory, performance and margins.
Utilise Bestbuy optimisation at the rack
Ensure seamless and highly efficient dispatch and driver or fleet management
Techoil CStore automates and easily manages various functionalities using a modern, integrated workflow. This translates to seamless operations, reduced errors, and effective utilisation of time and resources!
At the Crossroads
CStore operators face unique challenges including complex supply chains, varying demands, route planning and logistics. Especially, when the margins are low, transportation and supply costs can have a direct impact on profitability. Moreover, when managing hundreds of stores, maintaining a regular supply of the lowest laid-in cost fuel can be difficult without a single integrated system.
We have developed Techoil CStore to help you run your business using one integrated system including
- Which CStore needs product inventory now?
- How to stay compliant with complex taxation?
- Which truck and tank rack combination is best to meet the need economically?
- Are you capturing all your costs such as taxation, fuel surcharges, driver pay etc.?
We will help you find these right answers and many more without the hassle of manual, mundane tasks!
Maximising Margins
For refined fuel retailers, logistics and supply decisions remain a priority. Techoil CStore ETRM presents an effective solution to seamlessly manage day-to-day store decisions, transportation, route optimization, and demand planning.
Want to economically dispatch your basket of optionality to multiple delivery points?
Want to know how you can adopt Techoil C-Store to optimise fuel procurement and transportation?
What Makes Techoil CStore Stand Out
A specialised solution developed just for refined fuel retailers/CStores
Seamless integration with external systems and data feeds like OPIS, DTN for smooth operations
Complete front, mid, and back-office automation and support
True cloud-based solution with NO recurring implementation cost
Best-in-class tools for advanced risk analytics, real-time position, risk reduction, margin optimisation, and more
Robust customer service support on utmost priority for every business process request
One Solution for Your Entire Business
Our solution is failure-proof and requires zero intervention from your side whilst delivering the desired output.
Let us dive deeper to know how Techoil CStore is helping businesses achieve accelerated growth.
Contract management
Keep the track of your paperwork centrally to speed up invoicing and accurately manage your obligations.
BestBuy
Manage fuel operations and supply chain processes with a single, automated tool. Utilise real-time forecasting and direct ATG access to avoid costly runouts. Optimize costs and your working capital by buying fuel at the best price at the right time. Get access to major oil and price feeds including DTN, OPIS, and PLATTS.
Credit management
Manage your store inventory effectively. Track the sales, restocks, overstocks, purchase orders, and supplier performance, as well as audit your inventory.
Risk management
Access real-time position management and know about advanced risks. Ensure regulatory compliance and minimise risk with in-built checkpoints and best practices.
Dispatch
Reduce phone calls with real-time online order and delivery status. You can now improve fuel delivery speed and ensure driver accountability and performance, warrant quick schedule deliveries with one click drag-and-drop dispatch, eliminate paperwork with electronic BOLs and delivery tickets, as well as get paid faster by invoicing within five minutes of delivering fuel.
Inventory management
Manage your store inventory effectively. Track the sales, restocks, overstocks, purchase orders, and supplier performance, as well as audit your inventory.
What Our Customers Are Saying
Succeed in the ever-changing oil industry with Techoil CStore!
Press Release
MITSUBISHI OIL TRADING UNIT PETRO-DIAMOND INC. MANDATES INATECH FOR DIGITIZATION OF US GASOLINE SUPPLY CHAIN
Petro-Diamond Inc., the oil-trading firm owned by Mitsubishi Corp.
INATECH & CQUANT.IO PARTNER TO PROVIDE ADVANCED RISK MANAGEMENT WITHIN TECHOIL
The partnership will provide Inatech’s customers with an array of advanced risk analysis tools
INATECH GROWS AND SEEKS TO DIVERSIFY VIA PRODUCT INVESTMENT AND ALLIANCES
Inatech grew at around 25% in 2021 yet its CEO, Jean Hervé Jenn, described the year as ‘disappointing” by comparison to 2020 when I spoke with him recently.
Frequently Asked Questions
Energy trading and risk management or ETRM software is primarily a category of software applications, architectures, and tools that help in supporting the business processes in commodity trading in the energy market. Used by oil traders, suppliers, distributors and wholesalers, ETRMs help companies assess market information to make data-driven decisions and maximise margins.
Many oil traders, suppliers, distributors and wholesalers still run their commodity trading businesses using manual processes, spreadsheets or outdated legacy systems. ETRM software enables operators to automate these outdated processes. This saves money and improves the efficiency of operations by streamlining trading, hedging, credit, cash flow, operations and inventory.
ETRM software also assists in managing risk and operating complex integrated supply chains for energy commodities. It handles complex interfaces effortlessly manages all front, middle and back-office needs, making it a cost-effective option for oil trading companies.
ETRM stands for energy trade and risk management and CTRM stands for commodity trading and risk management. These terms are used to describe a set of software that is utilised in commodity trading and risk management. ETRM is actually a subset of CTRM software.
ETRM solutions include many functionalities to address the key aspects of energy or commodity trading and risk management activities such as
- Trade and operations to cover everything from energy trading, contract management and operations to credit control and delivery.
- Hedging and risk management so you can hedge, monitor, forecast and report.
- Inventory management and reconciliation for a complete view of your inventory right across the supply chain.
- Contract management of single or multi-site end customers
- Rack marketing for automated posting to PLATTS of wholesale terminal prices.
- Financial accounting to enable planning, control, compliance and auditing.
- Reporting to give you a complete view of your business performance).
- Integration to make sure you can integrate with third-party applications
By implementing ETRM software companies can
- Manage market, operational, and counterparty risk more effectively.
- Control operational complexity and directly impact profitability.
- Access a consolidated view of the business. This simplifies informed decision making.
- Improve profitability through trade economics, accurate pricing formulas and MTM.
- Save time so you can focus on your business by streamlining operations to drive greater efficiencies throughout your business workflow.
- Reconcile trades in real-time.
- Have a solution that works across everything from trading to invoicing.
- Drastically reduce errors from manual or double entry through automation.
Yes! It integrates the company’s front, middle and back-office operations. It also provides a scalable platform for effective risk management and increases efficiency within the company’s oil trading business.
Our strong and experienced project team can remotely and seamlessly integrate true cloud-based ETRM within two weeks.
Yes, it has an in-built ERP that makes our ETRM an end-to-end solution! This feature gives you control over real-time position management and intra-day profit and loss statements.