Enuit’s ETRM Solution implemented in record time

Tokyo — June 03 2019Enuit, LLC (Houston, Texas) announced today that a major LNG producer, marketer and transporter, which is part of one of the worlds largest trading and investment companies, has gone live with Enuit’s hallmark ETRM solution, ENTRADE for trade capture, price risk management, scheduling and logistics and PNL reporting, managing 8-10 cargo ships monthly.

The full implementation took just under 4 months, starting in March 2019 with go-live on May 31st 2019. This implementation followed a similar project in 2018 with their sister company which implemented ENTRADE for all their front office, middle office and back office needs for crude oil, refined products and a fully automated SAP interface with workflow processes for trade and invoice approval and control processes.

The implementation was one of Enuits fastest to date, mostly because

  • The ENTRADE solution came out-of-the-box with 90% of the business requirements that the client needed
  • Any customizations were easy to integrate due to ENTRADES flexibility and robustness.
  • The client team understood the value of a cohesive and mutually beneficial partnership and dedicated themselves to work strongly with Enuit to create a winning project.

Ken Han, Co-Founder and CEO of Enuit said, “Enuit’s mission is ‘To provide value to our customers through innovative software, trusted partnerships and the quality of our people’. We were able to express each of these values during the implementation with our clients, especially that of partnership.  The clients’ leadership and team were superb. Their support and trust is the key to our mutual success.”

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About Enuit

Enuit LLC provides enterprise risk management solutions, also known as ETRM CTRM solution, for energy and commodities trading companies worldwide.

We give our customers complete visibility, insights, control and management over their business operations helping them to have peace of mind to make quick and informed decisions that affect the bottom line.

Enuit, LLC is headquartered in Houston, Texas, USA, with offices located in Beijing, China, Singapore, and London to serve markets in China, Asia-Pacific, Middle East, Europe, and North America.

Visit http://enuitwebsite.azurewebsites.net/ to learn more