What Features You Should Look For In Gas Distribution Software

What Features You Should Look For In Gas Distribution Software

by

markskjohnson

If you manage a fuel distribution company, you know better than anyone the challenges of this highly competitive industry. Complicated, fast-paced and governed by a multitude of laws and regulations, the gas distribution software industry is one in which only select companies will survive and thrive. In order to remain competitive, it is absolutely essential that you keep your internal operating procedures automated, streamlined and efficient. In this day and age, that can mean only one thing: ERP software.

What is ERP?

ERP (enterprise resource planning) software first became available in the 1990s. However, its lineage can be traced back to the 1980s, when software companies began to develop products for companies that needed to automate internal operations in order to cut costs and beat the competition. Initially, software developers created modules that were designed to address primarily accounting functions, which are often tedious, time-consuming and most prone to human error. These early modules, precursors to what we know today as ERP software, were intended for use on PCs.

In the 1990s, as the technology grew from PCs to large-scale computer systems, ERP technology grew as well. Developers began to focus their efforts on software that would be effective not only within the realm of accounting, but in other areas too from finance and accounting to inventory management to human resources to product distribution and more. Later, many of these same developers expanded their products to address the need for companies to automate virtually every aspect of their businesses, as well as their communication with external entities vital to the companies success, such as customers and vendors.

Today, ERP software is advanced enough to efficiently manage the entirety of a company s operations, no matter how large or small the business and no matter how many locations the company occupies throughout the U.S. and around the world.

Choosing the Best ERP Solution

When selecting the right fuel distribution software for your company, look for a product that can address concerns specific to this industry:

Accurate forecasting of inventory needed

Accurate tax calculation

Creating general ledger spreadsheets and reports

Automating and streamlining accounts payable processes

Analyzing accounts receivable payment records

Keeping track of customers purchasing history and anticipating future needs

Automating purchasing processes

Ensuring consistent communication with customers and vendors that is shared across all departments

In an industry as complex, competitive and fast-paced as this one, your success may very well depend on choosing the best Fuel Distribution Software. Whichever software you choose, be sure it s produced by a company that truly understands the unique challenges of the gas distribution industry and offers a product designed to meet those challenges.

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