Petroleum is also known as black gold for a reason. Black because when it is extracted, its color is black. And gold because it is hard to find and is as valuable as gold.
It is a natural resource and if not used judiciously, it will cease to exist. Therefore, it calls for optimum utilization, not only from people who are using it but also from selling petroleum i.e. petrol pump owners. And nothing can help them with this like Petrol Pump Software. This software helps in maintaining proper details of liters received/sold. It drastically lowers the possibilities of any fuel theft or other fraudulent activities.
1. Reduce Fuel Theft & Fraud
You have heard about fuel theft and fraud and they aren’t new to the fleet industry. You have to ensure that employees are adding the correct amount of fuel to vehicles. With the use of a Petrol Pump Mobile App, you can prevent any unauthorized use of fuel. Moreover, the software delivers restricted access to petrol pump operators and thereby, facilitating easy tracking of fuel consumption.
Further, the cases of fuel fraud and abuse are prevented by monitoring fuel shrinkage with the help of a meter reading system. A Petrol Pump Mobile App also assists in fuel tanker monitoring and tracking the exact amount of fuel unloaded at your fuel station.
2. Billing & Accounting
We understand the workforce has a lot of tasks to manage including invoicing at petrol pump stations. With a lot on their plate, there are always chances for error when it comes to manual calculations. Additionally, human error could occur due to a lack of expertise or technical knowledge.
However, all these issues are overruled once a Petrol Pump Billing Software comes into the picture. The software helps in generating invoices, challan information, and maintaining the sale/purchase register.
Petrol Pump Billing Software comes with an extensive ‘Accounts’ module and works as real accounting software. From passing the journal entry to generating financial statements, doing bank reconciliation, and maintaining trial balance, every accounting task is made easy and error-free with this petrol pump software.
3. Inventory Management
Not having an effective inventory management method is one of the reasons behind fuel loss. Whenever a fuel tanker unloads, recording proper details of the stock level is mandatory to ensure you pay for what you have received.
And an app/software allows you to strictly monitor the fuel stock from the point it is received. In addition to that, automatic generation of reports like stock summary and ledger maintenance, missing on a single fuel drop is difficult.
Visit us at http://www.mmsoftwares.com/oilex-an-exclusive-software-for-petrol-pump to know more and ask questions if you have any.
By MMI Softwares | 20-07-2020 | Blog | Comments Off