Vertrax: Acumatica Based ERP Solution for Distributors of Fuel, Oil and Gas
Vertrax, the leading cloud-based software solution provider serves the upstream, midstream and retail downstream segments of the Oil & Gas industry. It specifically manages all the business functions of an oil distributor, fuel distributor and propane distributor.
Vertrax, is the leading provider of Supply Chain Management solutions within the oil & gas bulk liquid distribution supply chain. From the upstream & midstream bulk hauling of crude oil, water, NGLs, refined products and chemicals to the “last mile” downstream /retail delivery of refined oil & gas products to sonar-based liquid inventory measurement/ management focused on residential and commercial consumers & suppliers and ERP to the entire supply chain – our solutions drive optimization and never seen before visibility, value-add analytics, and insight.With built-in Blockchain, IoT and Amazon Web Services (AWS) integration, Vertrax stands out against the competition in terms of breadth of solution and native cloud benefits
Specific Targeted Markets
Vertrax, , headquartered in North Haven CT, was founded in 2002.
The Company was started to provide route optimization solutions for the residential propane and heating oil industry. Today, Vertrax provides complete cloud-based Mobile Logistics solutions – specifically developed for the wider bulk liquid energy trucking transportation market, namely:
Retail propane and fuel oil – bulk trucking transport to residential, commercial, industrial, and agricultural customers – product name is “SmartDrops”.
Oil & gas field - bulk trucking transport of crude oil, NGLs, water and sand - to and from oil fields (i.e. the shales: e.g. TX, OK, PA, ND, CA, Canada, etc.) to pipelines, rail terminals, holding tanks and reclamation facilities – product name is “Welltrax”.
General energy commercial transport - bulk transport of refined fuels such as gasoline and jet fuel, industrial gases and chemicals - to and from multiple depots, commercial customers and refill points – an expansion of Welltrax.
Vertrax markets its Mobile Logistics solutions directly in the US and through partnerships in Canada and (soon to be) Mexico.
Think of Vertrax as the technology behind the "UPS of propane / heating oil and crude oil delivery”.
Energy ERP Solution Features
Vertrax Energy ERP is loaded with features and functionality to help businesses streamline and automate their core business operations with real-time data insights and visibility. Vertrax Energy capability highlights include:
100% native AWS Cloud Solution built on Acumatica’s market-leading ERP platform
ERP application combining financial management and back office functionality
Single-cloud database that can be accessed anywhere and anytime from any device
Total asset level security and 99% uptime with AWSFully integrated Financial Management including general ledger, accounts payable/ receivable, cash management, inventory management, tax management, fixed assets, payroll, reporting/analytics
A robust back office including sales orders, contracts, payments, inventory, customer management/CRM, field servicesCutting-edge micro-climate weather-based forecasting component
Full integration with our industry leading Transportation Management Systems