An adaptable CTRM solution for refinery operations
From securing feedstock, to blending ready-to-use end products, to the logistics of working with thousands of trucks or railcars for transportation, the process of refining petroleum is exceedingly complex. Managing the refinery inputs, ensuring accurate valuation and completing timely regulatory reports is a key part of the overall challenge.
The Hidden Risk of Spreadsheets
Are spreadsheets best for risk management? Perhaps not always. A report from Allegro,
"The Hidden Risk of Spreadsheets," explains how CTRM software could be right for your business.
The Benefits of Allegro
Built for Petroleum Refining
Crude oil refining processes are typically highly automated to ensure efficiency. But what about managing the processes around feedstock procurement and delivery, and doing so in a way that reduces costs and maximizes performance? That's where Allegro comes in. Because refineries perform best when they're operating near full capacity, it only makes sense to have a software solution that's up to the task. Allegro is made for this.
Additionally, Allegro comes with the flexibility to be deployed on-site or run from the cloud, and it can be extended as needed without customers having to wait for a formal upgrade cycle. That's a powerful advantage that enables refineries to quickly respond to change.
Further, Allegro is made to work across the entire enterprise. That means front, middle and back office employees can count on having a comprehensive commodity risk management software system that will enable them to function better within their own groups and with other stakeholders around the organization. If you're not working with Allegro already, let's have a discussion today.
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"We are satisfied with Allegro's highly flexible, integrated and technically efficient solution and recognize its high potential for further development. It has enabled us to optimize existing business processes – and introduce new ones – within the commodity trading and financial risk management area. Allegro’s solution provides us with a strong foundation to grow our expertise in different commodity classes and to deepen our system's functional coverage with the scalability required for future growth."
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"In today’s business environment, risk management is crucial for providing decision support, managing compliance and the overall business. With Allegro, we selected a modern commodities management system that provides the visibility, necessary functionality and adaptability to move into the future with confidence."