Mar 8, 2022 | Consulting, Technology
We Bought It! Now How Do We Manage It? Petroleum marketers have been expanding their businesses by buying other jobbers at a rapid pace for several years now, with no sign of a slowdown. It’s always interesting to watch what happens after the sale, when...
Mar 8, 2022 | Consulting, Technology
The Power Of EZ Cover There is no doubt that traditional credit processes work. If done properly, customers are vetted upfront, given appropriate credit limits (that may increase/decrease over time) and monitored throughout the year for payment trends...
May 26, 2021 | Consulting
Executive Level Accounts Receivable Management A petroleum distributor’s accounts receivable asset class will typically be its #2 or #3 largest dollar balance sheet item. It is not uncommon for more dollars to show up in accounts receivable than in real...
Mar 26, 2021 | Consulting
Stepping Away from the Credit Decision Most petroleum company owners work very hard in the nuts and bolts of their businesses. Many are mult-generational folks who have literally grown up in the warehouse, driving a truck or helping with the sales...