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Proven Use Cases for Major Industries using CTRM Software

CTRM RPA for Producer Operations

Common Producer Operations Bottlenecks - How To Compete

You profit by selling to brokers, refineries, or manufacturers, so your traders should focus on these activities. Data entry into CTRM platforms and spreadsheets often results in incomplete information. RPA frees front, middle, and back office workers to analyze market and position data instead of generating and recording it.

Manual Data Processes Creates More Questions Than Answers

What is my expected P&L?

Are receipts keeping up with production?

Are my logistics tickets correct?

Are my counterparty statements correct?

Robotic Process Automation Optimizes Producer Operations

Value Creed harnesses RPA to perform routine, repetitive tasks automatically so data gets where it needs to be, without errors, and without manual input that detracts from more valuable activities. Expedited dataflow and instant availability makes downstream applications more efficient and decisions more informed.

Hover on the Orange Icons to Discover RPA Opportunities for Producers

Updating pricing and leases on contracts with 100s of leases
Inputing 1,000s of receipt tickets
Validating 1,000s of receipt tickets
Validating counterparty statements
Settling & Invoicing transactions for 1,000s of wells

Ways Robotic Process Automation Accelerates Business Processes​

Product Tracking

Automatically matching receipt and delivery tickets and scheduling transportation for hundreds of transactions per day the instant they are presented and recording them errorlessly without the need for human intervention.

Payment Processing

Scanning of bills of lading to extract data, record it in the CTRM platform and daily logs, link the delivery to the corresponding inventory and order, apply the proper terms and prices, generate the invoice, and record payment.

Contract Management

Review, data extraction, and automatic form population from a variety of document styles and formats, including .pdf, email text, hard copies, scanned images, and electronic downloads.
Play Video
VIDEO

How Robotic Process Automation for Invoice Reconciliation Works

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.

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you may opt out at any time by replying “STOP.”

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© 2024 Value Creed
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logo

Get In Touch

Linkedin Instagram X-twitter

+1 (833)-282-7333 | info@valuecreed.com

By calling or texting this number (833) 282-7333, Customers agree to receive text messages. If you no longer wish to receive text messages,
you may opt out at any time by replying “STOP.”

Terms & Conditions
Privacy Policy
© 2024 Value Creed
All Rights Reserved
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