JD Edwards EnterpriseOne goes live at Petrotank

The following project of, a part of VARO Energy AG JD Edwards implementation, has been started in operation:

Another successful project for Full Speed Systems AG at the German tank farm Petrotank can be can be added to portfolio. On November 1, 2016, Petrotank went live with the JD Edwards solution consisting of several modules with the main focus on financials.

For the finances of Petrotank Holding GmbH, FSS uses a forward-looking and central IT solution as a replacement for the existing financial solution. The goal was to be able to handle everything via one system consistently. This includes billing, inventory maintenance and asset accounting.

FSS has built an ERP solution based on Oracle JD Edwards that is flexible, scalable and requires only one central database. For this reason, planning and operational reporting can be done  seamlessly across different branches and countries. Full Speed Systems took advantage of their solution and introduced the same financial module at the Swiss fuel warehousing company Varo Energy Tankstorage AG at the same time.

Petrotank has 21 locations in Germany that are strategically located to limit the distance between tank farms to a maximum of 300 km. This provides customers with an optimal and convenient supply point. Petrotank complements the warehouse capacities in Switzerland, where Varo Energy Marketing AG currently operates 4 locations and is also involved in a joint venture. Capacities will be expanded to include 9 terminals in Belgium, 8 in the Netherlands and 3 in France, increasing total storage capacity to almost 3 million cubic meters.

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