Why Automating Budgets and Price Program Enrollment Really Matters
Online Budget and Price Program enrollment has failed to gain adoption throughout the industry. That's
because the sign-up process in most portals is too complicated for the customer which leads to frustration and
a phone call into your office.
And these calls are some of the longest your CSRs handle, often eclipsing 15 minutes. With thousands of
customers hitting your phones in a relatively short period, this can be expensive and resource draining.
Automating these processes will save you time, money, and headaches. And your customers will appreciate
the ability to manage this on their own. The last thing most want to do is pick up a telephone!
Our aim was to design screens and prompts to make it as easy as possible for customers to navigate without
help. An intuitive workflow, dynamic payment calculators, and educational pop-ups guide the way.
The result for our customers is an adoption rate 4 to 5 times that of the industry average.
View the ROI Analysis
Hedging Management 101: Exactly What You Need
Any portal that handles price program enrollments must also have a hedging module. It is the best way for
dealers to manage price risk in real time, trigger physical and financial buys, and assess their over/short
as program roll out occurs.
But current hedging modules in the industry require a PhD in commodity trading to fully utilize. Most dealers
never touch a majority of these overly complex features. And far too often, dealers move hedging management
offline into a satellite spreadsheet to simplify the process.
This was unacceptable to us in an era of innovative technology that still promises to be "easy to use." So
we set out to build a feature rich hedging module that handles all the essentials and can be learned quickly
Class leading solution. Accessible to everyone.
- Track all sales at multiple price points
- Track by all categories; Cap, Fix, and Budget combinations
- Capture cap fees
- Display committed gallons on customized heat curves
- Provide views and alerts for gallons over/short
- Match physical and financial hedges using a strike price ladder
- Project future margins
- Full reporting capabilities