Quorum Pipeline Transaction Management Increases Base by Over 55% in 2011
Software for Operator / Shipper Interactions Continues Momentum into 2012
Houston – June 13, 2012. Quorum Business Solutions, Inc. (Quorum), a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, announces another successful year for its interstate pipeline shipping software solution – Quorum Pipeline Transaction Management™(QPTM). In the past year, Quorum has added 20 interstate pipeline, intrastate pipeline and LDC assets to the product’s base, bringing the total number of assets managed to 56.
In January 2012, Quorum successfully released QPTM 4.0. Since that time, Quorum has begun three new major implementations of the recently released pipeline transmission software and has another two existing customer upgrades underway. This version of the pipeline deal capture software includes a standardized online contracting module (Request for Service) with mobility-enabled workflow for web / mobile phone access.
“Our success stems from our mission of extending the product lifecycle through ongoing support and Client direction, which is directly evident in the latest release of our pipeline transaction software,” said Tyson Greer, Vice President of Quorum. “Through identification of a growing trend and the input of the user community, Quorum integrated the demand for mobile accessibility and focused on enhancing the shipper’s experience as part of QPTM 4.0. These enhancements have reaped benefits for our Clients by improving the shipper’s interface thereby increasing customer satisfaction, while simultaneously addressing the expanding requirements of an evolving industry.”
Additionally, enhancements to Quorum’s pipeline transaction software to support the North American Energy Standards Board (NAESB) 2.0 rollout are complete and will be delivered to customers in line with the Federal Energy Regulatory Commission (FERC) mandated timeline. This further cements our track record for timely NAESB compliance updates for all of our interstate pipeline Clients.
About Quorum Business Solutions, Inc.
Quorum Business Solutions, Inc. is a software and consulting solutions company that develops, implements, and supports a suite of business software solutions for the energy industry with a unique approach to providing a longer product life span. Founded in 1998, Quorum employs over 350 staff operating out of offices in Houston, Dallas and Calgary. Quorum has ongoing relationships with over 145 clients, among which 25 Fortune 500 Companies are represented. Throughout its fourteen year history, Quorum has successfully completed over 650 business and information technology projects.
The Quorum Energy Software Suite is a set of integrated business applications designed for companies that produce, gather, transport, process and market oil, natural gas, natural gas liquids, LNG, wind generation and other energy commodities. The inherent integration of the suite allows the products to work together to facilitate straight through processing of the full energy value chain.
For more information, visit Quorum’s web site at www.qbsol.com or call us at 713-430-8601.