In addition, complying with internal and external regulations such as Sarbanes- Oxley, EU ETS and Basel are notoriously time-consuming. FuelPlus provides a comprehensive aviation fuel management system that automates inefficient manual processes, integrates IT systems and generates an audit trail and reports that ensure compliance. “We enable airlines and fuel suppliers to reduce inaccuracies in fuel planning, tendering and invoicing, making them more efficient, profitable and compliant,” says Warnke.
To keep pace with the major technological trends, FuelPlus offers a cloud-based installation of its fuel management products, reducing the reliance on internal IT resources. Developers have also created a userfriendly interface that includes data analysis, dashboards and reporting on KPIs and are developing specific applications for mobile devices.
“airline.EFM is enterprise-level software for larger airlines,” says Warnke. It tracks fuel usage and expenditure across the airline, using data from sources like ACARS, technical logs, and accounting systems. This software also provides a fully auditable process for tendering, preparing tenders for each location by using volume forecasts. Fuel price data is downloaded from providers such as Platts and Argus ensuring up-to-date fuel contracts. In addition, airline.
We enable airlines and fuel suppliers to reduce inaccuracies in fuel planning, tendering and invoicing, making them more efficient, profitable and compliant
As well as its products for airlines, FuelPlus has recently launched supplier. ONE: software designed specifically for jet fuel suppliers and resellers. Amongst other features, it can monitor the credit limits of airline customers in real-time and capture important data such as fuel tickets, enabling resellers to see the exact amount of fuel uplifted almost immediately.
FuelPlus’ software solutions have been delivering real benefits to customers for 15 years. For instance, WestJet, a Canadian low-cost carrier, wanted to improve the efficiency of its business processes and operations. Using airline.EFM’s automation and analytic capabilities, WestJet gained greater financial control over its large fuel expense and “saw tremendous improvements in the areas of cost accounting, payment processing, fuel supply management, and fuel tender analysis–all achieved with fewer resources,” says Tim Day, WestJet’s Fuel Manager.
As well as providing solutions to the individual segments of the aviation industry, FuelPlus is also enabling collaboration between refuellers, suppliers and airlines. “Our new dataPORTAL product is aiming to ease the collection and distribution of fuel tickets and operational data between these different parties,” says Warnke. Moving forward, the FuelPlus Group has products in the pipeline which will automate the purchasing process by supporting the electronic exchange of tender documents between suppliers and airlines. The company also plans to open offices in different regions to improve customer support.