Materials and Asset Management is being recognized by Oil & Gas companies as an area for achieving major gains in operating effectiveness, corporate profitability and shareholder value. Commerx provides you with software solutions to realize these gains.

Evolutionary Processes, Revolutionary Technology for Materials and Asset Management

Commerx's MATwerx combines leading edge technology with proven business processes. We use an integrated module that provides rule functionality and unparalleled flexibility in the implementation and maintenance of this web-based product. The division's team of asset management professionals as well as business and software analysts has developed industry-specific functionality that suits the petroleum industry.

With more than a decade of steady growth, MATwerx has been implemented for single domestic users to global organizations with worldwide installations. MATwerx processes have evolved from working with our clients as we meet their growing needs. The result is a flexible system that can be configured to your business processes.

Why do you need to track equipment assets?

To Increase Profitability
. Accurately acquire, deploy, move, track and dispose of equipment
. Identify unused equipment, reuse instead of procure
. Reduce excess inventory and increase inventory turn rate

To provide Accurate equipment accounting for joint venture operations
. Reduce partner audits and increase partner confidence

To meet Government Compliance
. Track tanks & pressure vessels
. Track Green House Gas emissions
. Accurately determine taxable equipment thereby avoiding excess taxes

MATwerx fits the Upstream Oil & Gas Business
Unlike other software solution providers that have positioned themselves in the downstream portion of the oil and gas business, MATwerx has targeted the upstream side of the business. The unique business difference, as it relates to equipment management, is the continual deployment, movement and redeployment of equipment required to optimize return over its lifetime. MATwerx has been developed with this requirement at the core of its functionality. Simply put, MATwerx helps you know what you have, where it is, what condition it is in and whether you can use it, sell it, or junk it.

Web-based Product
All you need is a web browser. No other software is required. Simply open your browser, sign in and start using it. Visibility of information can be provided, not only to company head office and field staff, but also to vendors, consultants and partners. Access is controlled through security levels, that only permit desired information to be seen or edited. For companies who do not want the IT burden of managing another computer system, Commerx hosts MATwerx on a highly secure, central server that customers access remotely using standard web-browsing from anywhere network access is available. For companies preferring a dedicated, captive installation, Commerx can deploy MATwerx directly into the business and scale the computing platform to exactly meet the materials management needs of the corporation.

Commodity Catalogue
Create as many category levels as you need, then enjoy the familiar look of the Windows Explorer view to see them. Simply open a 'folder' to access the next level, click on a commodity and it shows up in the right hand pane for you to view the details.

Easy to Use Drag & Drop
Material transfers are a breeze with our explorer view. Simply open the explorer view and drag equipment from one site to another. The material transfer screen opens in the right hand pane for you to view the details. Change the details or just confirm the transaction, and you're done!

Material Transfers
MATwerx features an extensive material transfer module that gives you several different ways to manage your inventory and equipment.

Inventory to Project movements, Project to Inventory returns, Warehouse to Warehouse transfers, Project to Project moves, Material Upgrades, Downgrades, Quantity/Value Gains and Losses, and Non Controllable Item issues are all easily handled using information that is already stored in the system.

MATwerx can also assist you with managing the extra costs associated with inventory and equipment movements such as freight, handling charges and taxes.

Acquisition to Disposal
MATwerx can help you track the complete life cycle of your equipment, from purchase to disposal. It also provides you with easy to use requisitions, purchase orders and receiving events to facilitate your procurement process.

Hosting and Security
MATwerx advanced enterprise deployment means our clients can choose a cost-saving Commerx hosted application or a self-hosted application. Both benefit from the centralized deployment approach while still allowing for global issues such as multi-currency, multi-language environments.

We safeguard your data with SSL technology, the same technology as banking systems use. So, you can be rest assured that your data will be securely protected.

Technical Specifications:
MATwerx has been tested for use with Internet Explorer 5.5 and up.
Apps Server: J2EE (V 1.3)
Compliant Database: RDBMS SQL "92"
Compatibility Interfaces: Industry Standard XML
Reporting tools: Crystal Reports 8.5