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.  Here are three common examples.

3 Business Process Bottlenecks Slowing Down Natural Gas Productivity

 This makes it difficult to locate the data that answers key business questions.   

Key Robotic Process Automation Opportunities for Natural Gas

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.

Natural Gas Business Processes Have Multiple Uses for Robotic Process Automation

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.

How Robotic Process Automation for Invoice Reconciliation Works

This video shows how automating common business processes accelerates workflow
and improves accuracy

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How to Get Started with Robotic Process Automation

Value Creed’s robotic process automation services streamline business processes, alleviate major data entry bottlenecks, and reduce the time humans spend on low-level, repetitive tasks.

CTRM Process for Identifying RPA Opportunities

You know RPA is not a new concept, it is just now truly useful to CTRM/ETRM business leaders and IT teams.  The use of this advanced technology helps by  expediting complex CTRM business processes, while relieving associated data integrity risks.

Ready to Explore Robotic Process Automation?

Let Us Know

Common Producer Operations Bottlenecks - How To Compete

You only make money when you sell your product to a broker, refinery, or manufacturer. Doesn’t it make sense for your traders and marketers to focus on these activities. Spending time entering data into CTRM platforms and updating spreadsheets leads to incomplete information.

Robotic process automation (RPA) gives front, middle, and back office workers the time to analyze and evaluate market and position data rather than generating and recording it.

Manual Data Processes Creates More Questions Than Answers

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

3 Ways Robotic Process Automation Accelerates Common Workflows

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.

How Robotic Process Automation for Invoice Reconciliation Works

Watch the video to see how RPA accelerates workflow and improves accuracy

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Get Started with Value Creed RPA:

Value Creed has established the processes and assembled the experts who can build the RPA management system that suits your organization and business model. Our team will engineer a program that delivers institutional control, operational excellence, and replicable profitability.

Our Process for Identifying RPA Opportunities in CTRM

Ready to Put Robotic Process Automation to Work?

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Business Questions Refinery Operations Stakeholders Need to Answer

Refinery Operations are complex by nature requiring cross functional, multi-system data entry and data validation aligned with enterprise governance standards to answer business critical questions needed .  This process can take hours and hours of human effort to perform repetitive, yet critical tasks.  These tasks lead to business questions requiring timely data like.

Common Business Questions Asked by Refinery Operations

These questions are critical to the health of the business. However, business process complexity often hinders productive teams from providing up-to-the-moment data needed by management.  Robotic process automation (RPA) offers a better solution. By documenting the steps involved in answering these questions, RPA can perform these manual processes much faster. 

Key Robotic Process Automation Opportunities for Refinery Operations

Automating Policy Checklists
Upload movements data
Uploading feedstock logistics tickets
Uploading weather data and supply events
Automating Policy Checklists
Upload movements data
Uploading feedstock logistics tickets
Uploading weather data and supply events

3 Top Uses for Robotic Process Automation
in Refinery Operations CTRM Systems ​

Reconciling Actualization and Payment

Verifying shipments, deliveries, and quantities and assigning them to the correct orders and invoices can be performed flawlessly and quickly with CTRM robotic process automation.  Bots can scan invoices, compare them to contract terms, pinpoint discrepancies and reconcile discrepancies, and initiate payments with minimal human intervention to capture early payment discounts and eliminate late fees.

Automating Feedstock Monitoring

The journey from well to refinery may involve several transfers: pipelines, barges, trucks, trains, etc., each with unique fees, terms, bills of lading, etc. The RPA services Value Creed offers are specifically designed to flow the correct data source files to CTRM software platforms and then into popular destination systems like Oracle ERP, NetSuite ERP and SAP ERP or others.

Highlight Optimal Hedging Opportunities

By automatically reconciling hedged/unhedged positions, RPA gives traders the insights they need to predict demand and pricing for both feedstock and refined products. Instant updates allow quick action to cover exposures and identify trade books that do not conform to the organization’s hedging guidelines.

How Robotic Process Automation for Invoice Reconciliation Works

This video shows how automating common business processes accelerates workflow
and improves accuracy

Watch Now

Value Creed’s RPA Governance

Proper RPA initiation,optimization, and management requires an integrated, enterprise-wide solution. Unfortunately, many energy refiners are too busy with business development and operations to devote the resources to build RPA at a scale that can deliver tangible results. Value Creed RPA: Control, Efficiency, Profitability

CTRM Robotic Process Automation Governance Model Video

Watch Now

How to Get Started with Robotic Process Automation

Value Creed’s robotic process automation services streamline business processes, alleviate major data entry bottlenecks and reduce the time humans spend on low level, repetitive tasks with “bots. 

CTRM Process for Identifying RPA Opportunities

You know RPA is not a new concept, it is just now truly useful to CTRM/ETRM business leaders and IT teams.  The use of this advanced technology helps by  expediting complex CTRM business processes, while relieving associated data integrity risks.

Ready to Explore Robotic Process Automation?

Let Us Know

As companies suddenly shifted to remote work in early 2020, they faced an array of new challenges. Communication delays and dispersed teams meant a new realignment in the way in-house (and at-home) employees operated.

Yet when it comes to CTRM platforms, any delay can be costly. Our clients turned to us for the solution—and found it in our managed services team.

Making Managed Services Your Advantage

The simple truth is that our managed services experts had adopted the best practices of remote work since well before the pandemic. In fact, their very structure resembles the standard for many newly-remote teams.

A Global Workforce

Our team is distributed across time zones, from Dallas and Houston to Hyderabad, India

Advanced Insights

Over 35 experts offer cutting-edge insights with decades-worth of experience

Prior Expertise

Team members have experience across platforms for both critical and routine issues

These assets made the difference for our clients seeking remote managed services oversight.

The results? A dependable, consistent level of CTRM service, ensuring business continuity throughout the toughest of times.

CTRM Productivity Gains Enable Trading Productivity Boost

See how Value Creed helped a major natural gas production and marketing company upgrade their CTRM, boost productivity and increase efficiency for daily trading activities.

True Success With Remote Work

Value Creed’s unique dual timezone model allowed our clients to thrive with managed services, no matter their location. What’s more, the 24/7/365 nature of our work made CTRM upgrades, testing services, Business Process Outsourcing, and more easier for our clients when they needed them the most, because of the pandemic and its business implications.

Value Creed’s unique dual timezone model allowed our clients to thrive with managed services, no matter their location.

There’s simply no room for delays in CTRM processes, even when the unexpected happens. Luckily, our managed services team stayed prepared. Their familiarity with working remotely and delivering results continues to make the difference.

See the Success By The Numbers and get in touch to learn how managed services makes the difference in your business:

Explore Key Solutions to Ensure CTRM Journey Success

Learn how CTRM users worldwide engage Value Creed to support these digital forward executive demands.

CTRM UPGRADES

Faster upgrades with minimal disruption to the business users ensure smooth business functioning and lower dollars spend.
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EXPERTISE ON DEMAND

CTRM technical and functional experts are available on-demand to fulfill the needs of the changing business.
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Managed

MANAGED SERVICES

Proactive and reactive services ensure your CTRM is running efficiently and problems are resolved effectively.
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CTRM CLOUD SERVICES

Cloud experts can design, optimize & provide best practice support needed for a successful Cloud Implementation & maintenance.
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TESTING SERVICES

Automated & manual testing services using QMetry integrated with JIRA ensure testing is documented and repeatable.
LEARN MORE

BUSINESS PROCESS OUTSOURCING

Business consultants equipped with CTRM knowledge is effectively able to supplement your short term and long term BPO needs.
LEARN MORE

Ready To Get Started On Your CTRM Journey?

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Three Ways In-House CTRM Platform Support Is Costing IT Teams

Because CTRM platforms are business critical, CIOs and IT teams are forced to dedicate high-value staff resources to routine tasks like monitoring platform health and ensuring end-of-day reports run successfully.  This fact creates three distinct challenges for IT teams and business users:

Challenges CTRM Users Face

These challenges leave IT departments and the users they support in a lurch due to the inherent complexity of CTRM platforms. Often issues require both technical and functional understanding, which is likely not accessible overnight. This fact can delay critical reports, increase employee frustration, lower engagement due to burnout, and focus costly internal resources on resolving critical-yet-routine issues when supporting the platform around the clock.

This reality led Value Creed to create a new model for CTRM/ETRM managed services called Run Smart™. 

How Run Smart™ CTRM Managed Services Work

Watch and learn how Run Smart CTRM managed services provide monitoring and problem resolution to ensure your system is operating seamlessly during your business day, overnight and in the cloud.

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Explore Three Forms of CTRM Managed Services

By employing Value Creed’s Run Smart managed services, companies can benefit from three distinct services to enhance their daily business processes and technical readiness:

Proactive Overnight Monitoring

Overnight monitoring of all your vital CTRM services, with error handling and resolutions ready by the time your in-house team starts their day.

Reactive Daytime
Resolutions

On-demand services during your team’s working hours, from user support, custom workflows, technical upgrades, and more.

Cloud Monitoring
& Maintenance

Bring your CTRM onto the cloud for 24/7 server monitoring and daily database backup, unlocking new insights at scale.

Why Choose Value Creed for CTRM Managed Services?

Our approach to CTRM Managed Services gives you flexibility as your needs change. With meaningful, attainable, and measurable goals, managed services improves your ROI through the right analytics and optimization.

Run Smart SLA Promise

Ready To Explore RunSmart CTRM Managed Services?

Value Creed's Solutions Start at Only
$3,500 a month

Daytime Monitoring & Support for Business Users

Reactive resolutions help with the heavy lifting that occurs during your daytime working hours. Whether you need custom reports, technical upgrades, user support, or even new workarounds using your standard software, Our CTRM experts are ready to provide actionable, on-demand solutions to boost your business success.

Reactive resolutions also resolve the day-to-day issues delegated by business users and IT teams. Value Creed’s CTRM experts collaborate with front-line client users and IT support to solve the new and complex problems that can, from time to time, arise within their CTRM systems and adjacent business-critical applications.

Daytime Issue Resolution Management Process

Daytime managed services enable your IT staff and users throughout your organization to leverage the functional and technical expertise of the Value Creed team for Level 1, 2 and 3 support requests.

Value Creed Levels of Support

Daytime Reactive Managed Services Keep Users Satisfied and IT Teams Productive as Tickets and Demands for Support are Tackled Throughout the day Ranging from Critical Needs to Basic Instructional Support 

LEVEL 1

Basic Level of Engagement

Basic Help Desk Resolution- Resolve user questions regarding functionality quickly or escalate to Level 2

LEVEL 2

Advanced Level Support

More In-Depth Support – Solve more difficult customer problems in limited time or escalate to Level 3

LEVEL 3

Critical Escalation with Highly Experience Resource

Top Level Support – Solve most difficult customer problems in the application code or build extensions/customizations to fix the issue

Why Choose Value Creed for CTRM Managed Services?

Our approach to CTRM Managed Services gives you flexibility as your needs change. With meaningful, attainable, and measurable goals, managed services improves your ROI through the right analytics and optimization.

Rely on Run Smart's Industry Leading SLA

Value Creed's Run Smart Managed Services Start at $3,500 a month

Ready To Explore RunSmart CTRM Managed Services?

Value Creed's Solutions Start at Only
$3,500 a month