finance
Submitted by Jason Noll, Senior Director – Convenience & Gas It’s hard to think of a worse place to discover fraud than in your accounts payable function, where the consequences of vulnerability to cyberattacks are...
THEN (December 2024): “Sharply Lower Wholesale Prices Boost Retail Gasoline Margins” NOW (January 2025): “Margins Stumble into the New Year, More Weakness May be on Tap” Source: OPIS Retail Fuel Watch (1/9/2025) You Have a...
As a fuel marketer, you’ve probably heard the term, “market technicals” during financial news reports. But what does that term mean, exactly? More importantly, how does it apply to your business, and can it help...
A petroleum company’s healthy cash flow is typically tied directly to customers paying invoices on time. Late paying customers quickly bleed away already slim margins and profits, in addition to adding significant operating costs by...
One of the most useful, important, misunderstood and aggravating tools of the petroleum company credit department is the credit hold. This automated process, which is designed to interrupt the flow of product to your customer,...
In the fuel world, it’s not uncommon to have a line of credit secured by receivables. While lines of credit can help with cash flow and allow you to take advantage of opportunities, they often...
