Case Study: Woodford Oil Company reduces daily processing time with FACTOR

Woodford Oil Company - Customer Case Study

Woodford Oil Company, a West Virginia petroleum marketer, needed a fully integrated solution that could reduce time spent on daily tasks, improve productivity, and maximize profitability. Before adopting FACTOR, the company relied on spreadsheets and partially integrated software that were cumbersome and could not keep up with everyday business demands.

In 1998, Woodford Oil Company moved to FACTOR and used modules including E-Trak, BankTrak, Outbound Invoicing, and the DataTrak Wholesale Portal. FACTOR reduced daily credit card processing from 6-8 hours to minutes, cut the draft process from 4-5 hours a day to merely minutes, eliminated 10+ hours of accounts payable and receivables work each day, and reduced data inquiry call volumes.

Woodford Oil Company

Roger Corder

CFO