Press

TouchstoneEnergy continues expansion into North America


TouchstoneEnergy was approached by an energy trading company based in Texas to supply, implement and provide ongoing support of a new accounting & financial management system.

The new client has operational offices in the USA and United Arab Emirates. They are a physical oil supply and trading company, supplying and delivering refined oil products comprising gasoline, distillates and fuel oils.

TouchstoneEnergy will replace their existing finance & accounting system with an updated accounting and management information system that will integrate with a front-of-house trading & risk management system.

The chosen solution, INFOR SunSystems, will comprise GL, AP, AR and Cash Management functionality. In addition, INFOR SunSystems will assume responsibility for automated sales invoicing, electronic payments and management reporting and analysis.

The system also supports full multi-currency, multi-entity accounting, P&L by Trade and Counterparty.

With more than 18,000 installations worldwide across 192 countries and more than 700 installations in the Energy sector, SunSystems has attained a worldwide reputation for its rich functionality and scalability.

Whether you are in Upstream E&P or Downstream Trading, it is recognised by the industry leaders that SunSystems has many unique features that meet the accounting and financial reporting needs of most organisations.

TouchstoneEnergy were chosen because of their vast experience with Energy Trading and the wider Energy Sector, in particular, their experience of working with clients who have an international presence.

Learn more about our Downstream Trading Solutions



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://touchstoneenergy.co.uk

Touchstoneoil priceCommoditiesexplorationEnergy TradingTradeTrading ActivityProductionBusinessBusiness Process

More items from marcuskelly


Building and maintaining a modern asset ecosystem

In this opinion piece we discuss the importance of maintaining an Asset Ecosystem, how to leverage the benefits of an asset maintenance system using industry best practices and assessing and identifying strategic assets you can apply a comprehensive asset maintenance strategy too. Managing a mode ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoOpinion > Asset Managementasset management systemmaintenance +6

Modernising plant & equipment: Adopting industry best practice maintenance strategies

While the major price swings of energy production in the last decade may seem like they're firmly in the past, the future of the energy sector is anything but certain. Many companies have learned lessons from the industry's unexpected turns and implemented processes that are designed to avoid past ...

Marcus Kelly - TouchstoneEnergy


Posted 3 months agoOpinion > Plant EngineeringMaintenance StrategyMaintenance and Reliability +6

TouchstoneEnergy launches Infor EAM Fast Track

TouchstoneEnergy launches Infor EAM Fast Track. An Infor Enterprise Asset Management implementation in less than 4 weeks. Infor EAM is a comprehensive enterprise maintenance management solution that provides users with instant access to critical information allowing your organisation to optimise as ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoPress > Asset Managementasset management systemTouchstone +4

Everyday is Different Part 5: Onsite Project Delivery in West Africa

Welcome to the final part of a series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new fin ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoOpinion > Africaafrica oil and gasProject Management +5

Everyday is Different Part 4: Onsite Project Delivery in West Africa

Welcome to Part 4 of a 5 part series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new fina ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoOpinion > Africaafrica oil and gasProject Management +5
All posts from marcuskelly