• Wednesday, February 28, 2024
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Energy360 Africa launches digital software for downstream market, fuel station optimisation


Energy360 Africa, a data analytics and technology solutions firm, has launched innovative cloud-based software to help downstream oil and gas sector to optimise fuel station operations and ensure proper control business activities in the stations.

The software, known as E360 Station Manager, was designed to centralise data across multiple fuel outlets owned by the same company, allowing for greater insights into stock levels, pump activities, pricing, margin management, historic sales trends, expenses and customer behaviours across the outlets.

E360 Station Manager also offers other services including, station analytics which caters for businesses that run multiple stations, delivers real-time data from their network of stations at any time and location.

With the software, businesses would be equipped to handle big data; sales, stock, payments and other operational information that are aggregated to provide holistic visibility of the stations, thus enabling for accurate decision making.

Energy360 also rolled out software known as e360 Volex, which offers businesses flexibility and improved controls over fuel management through access to real-time data from fuel points. It also features a secure payment integration to allow businesses receive payments seamlessly (especially from their B2B customers).

Speaking at the unveiling in Lagos recently, , Abayomi Elebute, chief executive officer of Energy 360 Africa, said the E360 station manager will help clients to manage, monitor and simplify their station processes and ensure they are on top of their sales and product levels.

According to him, Energy360 Africa came up with the software to support the oil and gas downstream sector and help them reduce losses by at least 60 percent.

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He said e360 Volex will help to boost the revenue of fuel businesses through fleet and customer loyalty programs that eradicates price change fraud and competitor pricing analysis.

“Prior to E360 Africa launch, these services were lacking in Nigerian downstream sector. Now, we have revolutionised the industry as we now cater for over 155 stations across over 18 cities in Nigeria. We hope to expand our services to other African markets going by the tremendous feedback we are receiving from our clients and requests from other African markets,” said Ebenezer Maduako, head, Business Development.

He further said Energy 360 Africa offers services that would help oil and gas companies to cut down losses through cutting edge reconciliation and fraud analysis, adding that the software enables customers to get alerts on stock and sales exceptions, proof of deliveries and automated replenishment, forecasting and reducing the risk of fuel scarcity.

Energy360 also has a bouquet known as Fuel Authorization & Management System (FAMS), a comprehensive cloud-based solution designed for the administration and control of platforms, processes and systems that guarantees the ability to accurately account for fuel products, either individually or collectively, at points of receipt, storage, distribution, consumption and issuance.

This solution also eliminates losses resulting from sharp practices by providing owners immense comfort via state-of-the-art controls that can be issued from the comfort of their offices or from any part of the world.