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What is TRMTracker?

TRMTracker, built on the advanced FARRMS framework, emerges as a powerful solution for energy trading and risk management, transforming the industry with its comprehensive web-based ETRM-CTRM functionalities. With a focus on back-office operations, TRMTracker features exceptional capabilities, including a cutting-edge formula-driven settlement and billing engine, along with a highly regarded automated module for derivative hedge accounting. The FARRMS architecture is designed to be both template and formula-driven, enabling straightforward configuration and maintenance without requiring any coding, which in turn lowers ownership expenses and increases the platform's flexibility to adapt to evolving demands. This thoughtfully crafted, workflow-centric design streamlines transaction processing across all phases, from deal capture to risk management, scheduling, settlement, and accounting. Consequently, users can anticipate enhanced efficiency and a decrease in operational complexity in their energy trading activities. Furthermore, this innovative approach ensures that organizations can stay ahead of market changes and improve their overall performance in the competitive energy sector.

What is Gas Plant Information System?

GPIS functions as a cloud-based platform built on the Microsoft Azure framework, aimed at optimizing the financial and plant settlement processes for businesses involved in gas gathering and processing. This innovative system employs relational database management methods while also incorporating the flexibility of spreadsheet calculations and formulas, which allows users to easily conduct intricate analyses. By merging front-end operations, GPIS significantly diminishes the need for manual entry of chart volume and gas analysis information, enabling a smoother workflow. Users can quickly retrieve information from the database, enhancing data accessibility and efficiency. Moreover, the Access database's robust query and reporting features adeptly manage non-standard information requests. The system also seamlessly incorporates accounting elements related to monthly producer settlements, such as accounts payable, revenue, and production, thereby eliminating the need for repetitive manual data entry into the accounting system. In addition to improving operational efficiency, GPIS bolsters accuracy and dependability in financial reporting for its users, ultimately leading to more informed decision-making. As a result, the platform not only streamlines processes but also serves as a vital tool for enhancing overall productivity in the gas gathering and processing sector.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Hitachi ABB Power Grids

Date Founded

1910

Company Location

Japan

Company Website

www.hitachienergy.com/products-and-solutions/energy-portfolio-management/trading-and-risk-management/trmtracker

Company Facts

Organization Name

Exigent Information Solutions

Date Founded

1997

Company Location

United States

Company Website

www.exigent-info.com/products/gpis/

Categories and Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

Categories and Features

Oil and Gas

Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management

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