Trusted by midstream energy companies worldwide
- Automated Reconciliation: TIES automates the reconciliation of trade data, accounting records, and financial statements, reducing manual reconciliation efforts and minimizing errors.
- Billing and Settlement: TIES helps generate invoices for trading activities and manage settlement processes. It calculates and track payments, streamlining the billing and settlement cycle.
- Accurate P&L Reporting: TIES calculates accurate profit and loss (P&L) figures, providing accountants with reliable financial data for reporting and financial statement preparation.
- Compliance Reporting: Accountants use TIES to generate compliance reports that adhere to regulatory standards and accounting principles, ensuring that the organization complies with financial regulations.
- Audit Trail: TIES maintains a comprehensive audit trail of all financial transactions, providing transparency and traceability for auditing purposes.