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KTM faced recurring subscription fees for a third-party SaaS volumetric accounting system combined with limited customization capabilities. The existing solution lacked critical features for handling complex oil allocation reconciliations and invoice automation, leading to operational inefficiencies and increased costs.
Dynamic asset management company serving the oil and gas industry with proprietary software solutions
Implementation of the custom system is expected to reduce annual operating expenses by eliminating SaaS subscription costs, accelerate payment processing cycles by 40%, and enable market expansion through enhanced service capabilities. The solution will provide auditable transaction logs and improved reporting flexibility to support regulatory compliance and customer-specific requirements.