Triple Point Technology has announced that Engen Petroleum has selected Commodity Management, a commodity and energy trading and operations solution that was jointly developed by SAP and Triple Point.
Engen, which owns an oil refinery and a vast network of service stations in South Africa, is undertaking a significant project to transform existing business processes and controls. Integrated energy trading and risk management is a key part of the drive to automate the business.
Peter Plooy, CIO of Engen, said: As an SAP customer, the SAP-endorsed Commodity Management solution by Triple Point Technology is truly unique and the only one that makes sense for our business.
It has all the functionality we require, moves the integration risk from Engen to the partnership and is the lowest cost alternative. SAP’s endorsed partner strategy is perfect for Engen. We get pre-integrated software that has best-of-breed functionality from both companies.