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Proven Use Cases for Major Industries using CTRM Software

CTRM RPA for Natural Gas Marketing

Manual Administrative Processes are Slowing You Down

Slow data and manual processes obscure the data your natural gas enterprise needs to maximize revenues and optimize strategy. Time your traders and schedulers spend entering, transferring, and massaging data is time they cannot devote to locking in profits, mitigating risks, and generating insights. These business processes cause distinct time wasters native to your business. 

3 Business Process Bottlenecks Slowing Down Natural Gas Productivity

Time consuming manual updating of pricing & leases in contract with 100's of leases

Human time needed to update and validate 1000's of receipt tickets across multiple systems

Settling and invoicing transactions for 1000's of
wells

Key Robotic Process Automation Opportunities for Natural Gas

Natural Gas Business Processes Have Multiple Uses for Robotic Process Automation

Value Creed applies their specialized CTRM expertise to translate these and other business process bottlenecks into accelerated workflows by leveraging robotic process automation.  This approach allows your business to continue without disruption and increase productivity by taking manual, human-centric processes and streamlining them by using “bots” to perform defined, repetitive tasks.

Updating pricing and reconciliation
Enter volumes into EBB
Scheduling trades and tracking daily volumes
Cash-out or roll imbalances
Validate scheduling trades
Settling and invoicing
Import & Process schedules from systems & spreadsheets
Automate price uploads
Reconcile external statements to CTRM
Automate credit execption reporting

Ways Robotic Process Automation Accelerates Business Processes​

Supercharge Trade Logistics

RPA alleviates monotonous and potentially costly manual activities by combining the communications, documentation, and reporting process into a single, computerized operations.

Streamline Gas Scheduling

RPA can enter data into all destinations – the CTRM platform, EBB, and spreadsheet – simultaneously, giving all applications and stakeholders the same accurate, current insight into the organization’s positions.

Expedite Actualization and Invoicing

RPA macros can update pipeline route fees and contract terms to ensure the expected, quoted, and invoiced rates match. This is especially helpful in a natural gas environment where the product must be moved among multiple locations, at various rates.
Play Video
VIDEO

How Robotic Process Automation for Invoice Reconciliation

How to Get Started with Robotic Process Automation

Value Creed’s RPA services streamline business processes, alleviate data entry bottlenecks, and reduce time spent on repetitive tasks. This advanced technology expedites complex CTRM processes and mitigates data integrity risks, proving invaluable to CTRM/ETRM leaders and IT teams.

CTRM Process for Identifying RPA Opportunities

1
Candidate Process Identification
2
Top Level
Benefit
Analysis
3
Candidate Process Prioritization
4
Feasibility Analysis
5
Complexity Analysis
6
ROI
Analysis

Ready to get started?

Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.