SolArc Launches SolArc RA FuelOffice

SolArc, an innovative, market-focused software company that dramatically

improves the performance of commodity-intensive businesses, today

announced the launch of SolArc RA FuelOffice. SolArc RA FuelOffice, is

an enterprise solution for jet fuel procurement, budgeting, accounting

and price risk management for small to mid-size airlines. SolArc RA

FuelOffice delivers the proven, market leading functionality and best

practices for jet fuel management that major global airlines such as

Singapore Airlines and United Airlines use across their global fuel

supply chain.
SolArc RA FuelOffice is a preconfigured solution that can be deployed in

a hosted environment to reduce the total project cost and implementation

time. This pre-configured solution will help to accelerate the target

ROI. SolArc RA FuelOffice offers the following functionality and best

practices to streamline the jet fuel operations for small to mid-size

airlines and air cargo carriers:

Fuel planning and budgeting

Fuel procurement, pipeline nomination and inventory management

Invoice processing and automated payables verification

Fuel tax application and payables processing

Fuel price risk management and hedging

Support for implementation of FASB 133/IAS 39 hedge accounting

standards

Support for implementation of IATA fuel data standards

"Jet fuel management for small to mid-size

airlines is a very strategic market for SolArc" said Dale St. Denis, Vice President of Commercial & Industrial business

for SolArc. "SolArc RA FuelOffice packages

SolArc´s extensive airlines solution and

implementation experience in a hosted solution that lowers the cost of

entry for small to mid-size airlines."
About SolArc
SolArc, Inc. is a global provider of commodity trading and risk

management software and services that can dramatically improve the

operational and financial performance of companies dependent on

commodity-intensive markets.
SolArc´s integrated application suite delivers

greater enterprise insight and control over the entire commodity-based

value chain within an organization. The SolArc solution offers

innovative technology based on industry-leading services and world-class

expertise that connect professional disciplines like trading

scheduling, accounting and risk management across both physical and

financial commodity transactions.
Since 1991, SolArc has become a trusted solution provider for an

international clientele of leading corporations across a range of

vertical industries, including Energy, Transportation, Finance

Agriculture, Consumer Goods and others. Headquartered in Houston, Texas

SolArc also has offices in Tulsa, Oklahoma, London, and Singapore. To

learn more about SolArc, please visit www.solarc.com.