2017 CTRM SourceBook
Company Description
Founded in 1994, Entero develops software for the energy industry. Entero ONE( E1) is the third generation of Entero’ s legacy software platform, EnteroVision, and the system supports Natural Gas Liquids( NGL) and Oil and Gas midstream operators, marketers, and distributors. E1 manages multiple core functions, including trading and marketing, risk management, scheduling and logistics, production accounting, plant allocations, joint venture, and financial accounting. The breadth of experience and depth of functionality that E1 offers in a single solution for midstream companies is unparalleled.
By providing a single shared data structure that supports both operational and accounting requirements, E1 minimizes a lot of the systems integration, costly implementations, and ongoing maintenance that is typically associated with systems of this nature. Many competitor systems claim to support an end-to-end solution and oversimplify the issues, but E1 is the only product that successfully follows the molecule, to the component level, from field to financials.
A few unique differentiators about E1:
• Only system that manages the operations for all primary business functions, and simultaneously automates the accounting throughout to reduce the ongoing reconciliation work for exceptions and temporal differences( i. e. PPAs)
• Handles complexity that other systems can’ t( e. g. physical infrastructure, pricing, and taxes)
• Distinctly designed from the bottom up, with a flexible modeling tool to maximize configurability( regardless of company size)
• Clients can utilize the full system, rather than paying or implementing traditional modules. E1 ' s single source code is configurable and eliminates the need for costly customization during implementation and product upgrades
• E1 helps companies unite key business functions in a single solution to deliver speed, quality of information, seamless processes, and immediate value
Entero ONE currently provides best-of-breed functionality for:
• Contract management
• Complex formula prices
• Scheduling, logistics, and fleet management
• Inventory valuation( Activity Based Costing)
• Profitability reporting
• Mark to market reporting
• Taxes and invoicing
Delivery Methods – Traditional License, Hosted in Private Cloud, Monthly Rental Number of Licensed Client Companies- 25 Representative Clients – Murex LLC, NGL Supply Co Ltd., Plains Midstream Canada Office Locations and Phone
� Canada 1 403 261 1820
• Accounts payable and receivables
• General ledger and consolidated financial accounting
• Plant allocations
• Production, revenue & royalty accounting
• Midstream fees and accounting
• Fixed asset accounting
• Joint venture accounting
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