Theme:  IT Consulting in Energy Industry with specific product expertise on Solarc’s Right Angle Enterprise Trade Management Software
Client:  Midstream Energy Services Provider To Producers And Consumers Of Natural Gas, NGLs And Crude Oil
  • Business Problem:  Driven by new reporting regulations, our client desired to meet the following requirements by February 2005:
    • Provide timely current product position reports and out month position forecasts, including related costing information
    • Provide forecasted P&L information by the first workday of each month to meet regulatory reporting deadlines
    • Provide forecasted P&L information for future months for inclusion in forecasts for  investment analysts
  • What Provante delivered:
    • Project Management – Our team is developed and maintained project timelines and tracking issues and task assignments for resources
    • Business Knowledge – Provante provided subject matter experts workied with the users of the system to review and revise daily business processes
    • Business Process Improvement –  We documented and assisted with training on improved daily work processes relating to inventory evaluation, position reporting, and financial reporting
    • Solarc Right Angle (RAIV and 3.2) Production Support – Provante resources provided end user production support enabling key client staff to work on this project
  • Client Results:  Upon project completion, our client could
    • Capture all components of cost and revenue in one system
    • Execute optimized work processes to provide the most current information available to the Risk Management system in an efficient and systematic fashion
    • Extend the value gained from using the RAIV system by implementing:
      • Inventory costing
      • Position Reporting