Ground-breaking integrated software solution

Energy Broker enables multi-commodity deals, forecasting, scheduling, nominations and contract settlement – in multiple languages and currencies.

Business processes supported within ENB include:

• Production forecasting
• Aggregation of field supply
• Production from producer owned properties
• Production from marketed properties
• Purchased Volumes
• Transfer or exchange volumes
• Storage and inventory
• Nominations
• Scheduling
• Actualizing
• Settlement – generating all source documents and related journal entries
• Invoicing
• Facility charge invoice
• Producer statements
• Net back statements
• Net out statements
• Payments
• Financial reports
• Credit analysis to control approval of pending deals and contracts
• Inventory valuation

Application tools include:

• Role based analysis and reporting with customizable metrics and display options (charts, graphs, grids, etc.)
• Alerts with web based notification options
• Document management
• Currency conversion
• Unit of measure conversions
• Import/export template for all source data files
• Workflow

Record the Business

• Import daily or monthly pricing data from published bulletins, indices or your company specific price schedules
• Import transactional detail, volume availability, actuals and financial information from spreadsheets with full validation
• Capture transactions in any currency or unit of measure and utilize embedded conversions for accurate financial reporting, invoicing and payment
• Utilize LIFO, FIFO, weighted average valuation methods for inventory valuation
• Use daily, average, monthly exchange rates or spot rates for currency conversion

Manage the Business

• Retain all historical data, denominated in any number of currencies, for comparative reporting
• Trace every transaction to its source document
• Evaluate variances between historical production and current month availability to assist in transactional decision making
• Understand your daily contractual, inventory, imbalance commitments
• Prepare accurate settlement documents and ensure timely journaling