Industry Insights from Vertrax

More and more fleet managers are starting to realize the advantages software as a service (SaaS) pricing model can offer them. But what does the SaaS pricing model look like? And what benefits does it offer you and your business?

So, you’ve decided you’re ready for a fleet management system, but where do you start in choosing a provider? While you’ll have plenty of general transportation management systems (TMS) to choose from, it’s essential to choose the one that best fits your business and industry needs.

The oil and gas industry is catching up with even the savviest startups. Top brands are adopting software to streamline their logistics and supply chain management processes. With this technological progression, transportation management systems continue to grow more and more popular. 

What is a transportation management system (TMS)? A TMS is a cloud-based technology solution that allows companies to manage all transportation activities of their fleet operations. This technology is designed to eliminate manual, paper-based processes and automate processes to run operations more efficiently.

New Haven, CT December 8, 2020 - Vertrax, the leading cloud-based software solution provider serving the upstream, midstream and retail downstream segments of the Oil & Gas industry, today announced the release of its new cloud ERP solution, Vertrax Energy, a powerful and mobile business management solution. Built on Acumatica’s future-proof platform,Vertrax Energy is the first ERP solution developed from the ground up by oil and gas industry experts with decades of knowledge and experience. From top to bottom, Vertrax Energy provides unparalleled visibility, accountability, and ease of use.

There’s a good chance that you’ve heard of enterprise resource planning (ERP) software but are you aware of how it can transform your business? You may already know that it helps most businesses organize data across their departments, from accounting to risk management to supply chain operations. But did you know there is ERP software built specifically for the oil and gas industry? 

You already know managing a successful fleet operation requires much more than just tracking a fleet of assets.  In reality, fleet operations have many dependencies (i.e. drivers, schedules, deliveries, service, fuel costs)  which can be extremely difficult (some impossible) to manage with spreadsheets alone.  

Thanks to on-demand apps like Uber and Amazon, consumers expect a whole new level of service. They’re used to instantly accessing account history, customer service channels, and ordering capabilities. This demand has led savvy companies—B2C and B2B alike—to create or update their own apps, ensuring they are accessible and intuitive. 

The propane industry has been operating the same way and using the same equipment for far too long. This outdated equipment puts your operational efficiency at risk as well as your profit margins. It also gives you a competitive disadvantage as many propane marketers have embraced and invested in new tank monitoring technology.

The propane industry has been leveraging old and inaccurate equipment for years, opening the door for a number of potential issues.

The COVID-19 pandemic has had a huge impact on the US economy and every sector has been affected. With all of the shelter-at-home orders, social distancing, and business closures, life in the interim is dramatically different.