Fuel Oil News April 2018 | Page 6

News Rave reviews for Mabanaft’s new online deal administration MABANAFT RECENTLY LAUNCHED NEW FUNCTIONALITY ON MABALIVE WHICH ALLOWS CUSTOMERS TO ACCESS THEIR TRADING ACCOUNT AND MANAGE DEAL ADMINISTRATION ONLINE WITH REAL-TIME REPORTING T he new system is receiving fantastic reviews with customers saying that it is easy to use, saves them time and is the most advanced online system offered by fuel wholesalers in the UK. “I think Mabalive is the best system I’ve seen,” said Stephen Anderson, managing director of Oilfast. “It’s great having visibility of my account details such as order balances, remaining orders and credit utilisation, and it really does save time.” Mabalive’s unique, end-to-end online service is transforming deal administration. Customers can view live prices, place their order and then track deals from lifting at the terminal right through to final invoicing. Key information and headline reports are presented in a dashboard, providing a comprehensive overview of their account. If they want to drill down, more detailed reporting is available including purchased orders, daily movements, remaining balances to lift, expiration dates of terminal releases and current credit utilisation. There is also a comprehensive invoice history showing past and current invoices, and all key reports can be copied and downloaded either in CSV or PDF format. “I find Mabalive really helpful as it gives me instant access to the accurate, detailed information which makes it easier and quicker for me to do my job,” said Gosia Janik Nasadowsk, a stock accountant at Certas Energy. “Online deal administration with real- time reporting saves so much time and allows customers to plan more effectively and improve efficiency within their business,” said commercial director, Martin Cook. Mabanaft – transforming deal administration “This level of transparency also helps reduce potential errors and moves us toward 100% accuracy throughout the deal lifecycle. Our aim was to transform deal administration; judging by the positive customer feedback we are receiving we are achieving just that.” www.mabalive.co.uk. South east commitment at Valero Sixteen Valero-branded tankers are now supplying fuel to customers across the South of England IN FEBRUARY VALERO-BRANDED TANKERS STARTED LIFTING PRODUCT FROM NUSTAR’S THAMES TERMINAL, AS THE LONG- TERM AGREEMENT BETWEEN THE TWO COMPANIES, ANNOUNCED IN DECEMBER 2017, CAME INTO EFFECT. T exaco-branded retailers in the South East are now benefitting from an enhanced supply position, as Valero manages the sourcing of its own product to be supplied to customers via the NuStar terminal. Sixteen tankers are based at the terminal, delivering fuel across an area ranging from Berkshire in the west to Suffolk in the east. “It’s great that the agreement with NuStar is now up and running and Valero’s tankers are now lifting and delivering product from NuStar Thames, said Andrew Cox, Valero’s director sales and marketing. “This agreement reinforces Valero’s strong offering in the region and demonstrates our long-term commitment. Our supply capability in the South East is a key focus area for Valero and this new supply position will benefit both current and future retailers.” 6 Fuel Oil News | April 2018