Softeco has to his credit an intense development activity of applications for the Oil and Gas market. Complementing these activities, the Company manages the applications maintenance, the development of new features and provides consulting services to the largest companies in the industry such as Erg, Isab, Infineum and Eni.
Softeco solutions range from the control and analysis of economic information, to the production control systems.
Among the major projects there are:
Management of Tanks Development: The system calculates the quantity of the product, both level and quantity, using a tested and configurable routine.
Safety stocks management: Set of activities necessary to the daily control and declaration for the ministry of the obligations to keep certain quantities of petroleum products.
Control and Analysis of Economics Information: Calculation of actual prices delta towards standard average month value, squaring operations to ERP systems, calculation of indicators such as economic effect of the reduction in loadings and landfills, effect of currency exchange.
Risk Management: Activities related to risk control, such as Commercial Balance, stock risk calculation, calculation of indicators such Var, Fair Value/Market to Market, Margin Call.
Management of communication with EMCS (EXCISE MOVEMENT CONTROL SYSTEM) European System: “Softeco.EMCS” product manages all the activities related to the “EDI” exchange (Electronic Data Intechange) of Documents/Messages related to the life cycle of an E-AD (electronic administrative document).
FREE ON BOARD costs monitoring: monitoring and control of production costs of refineries on the basis of the economic value of semi-finished products and related processes.
Monitoring of Retailers/Extra Retailers Sales prices lists: The system monitors the price lists of the products for the Retail network and out of this network, assessing risk factors and discounts campaigns based on the analysis both of territory and of sales
Investment costs Budget management: The system analyzes the economic and finance information of each individual plant/office, produces reports and KPI comparison with the aim of optimizing necessary costs and investments.
Management of Payment Cards: electronic money management and fuel vouchers.
Automation projects: realization of the automation system of oil platforms.