PetroMan® PetroMan® is an Integrated Enterprise Trade Management Solution for the Energy Industry primarily for refined petroleum products and natural gas liquids. It is a comprehensive solution covering everything from contract capture and transportation scheduling to accounting. PetroManâ has more functionality and cost far less than competing products.
The following list reflects some of the supported functionality: Capture of Cash, Futures and Option Deals, Confirmation Letter, Broker Statement Reconciliation, Position Management, Invoice and Purchase Statement, Pipeline Scheduling, Inventory Management, Price and Credit Risk Management, Hedge Management. Profit & Loss Statement, Performance Management, Audit Trail, Security, etc. Rack Marketing.
A Rack Marketing module was added to PetroMan® in November 2001. The Rack Marketing module automates all aspects of rack marketing thru electronic data interfaces (EDI) in a completely paperless fashion. Bill of Lading transmission thru DTN TABS. Price posting, invoicing and EFT notification thru DTN DataConnect. PetroMan® automatically calculates all federal, state and local motor fuel taxes.