DM2 Software Introduces its New Consigned Station Module

VANCOUVER WA, April 2, 2012 – DM2 Software is pleased to announce the availability of its new Consigned Station module. DM2’s new web-enabled Consigned Station module eliminates the need to maintain multiple spreadsheets and manually re-key information by automating three processes with just one click. Because the Consigned Station module is fully integrated with DM2’sPetroleum Insights system’s Sales Order and Account Receivable modules and Site Tank Reconciliation feature, it automatically generates invoices, with user-defined commission rates, and updates accounts receivable balances and inventory levels. This new module also integrates with DM2’s DTN Dealer Credit Card Interface module to automatically apply dealer credit card transactions and process fee splits. 

“We saw a real need to help our customers eliminate the time and effort they put into managing and tracking the fuel they supply on a consignment-basis,” said Chris Lemonier, DM2’s Vice President of Technology. “This solution will help streamline what has traditionally been a very labor intensive process.”

By streamlining the collection of meter readings, automating inventory and accounts receivable updates, calculating and tracking commission payments and processing credit card payments and fees, this new module reduces the costs and data entry errors associated with supplying fuel on consignment.   

DM2, a Sage Software Master Developer and Reseller since 1991, uses Sage ERP 100 (formerly Sage ERP MAS 90 and 200) and Sage CRM, ERP (enterprise resource planning) and CRM (customer relationship management) systems designed for general wholesale distribution applications, to develop, sell and support Petroleum Insights, a fully integrated accounting/ERP and CRM system designed specifically for petroleum marketers. DM2’s Petroleum Insights system offers all of the core financials, fuel, lubricants, home heat/propane, cardlock, c-store, supply chain automation, advanced business analytics, customer relationship management, fixed assets, paperless office and ecommerce modules petroleum marketers need to manage and grow their businesses. For information on DM2 Software products and services, e-mail, sales@dm2.com, call (800) 866-5151, or visit the DM2 Software website at www.dm2.com.