The DX Wetstock® end-to-end fuel management solution is designed to locate and identify instances of fuel loss for fuel retailers and fleet operators. The solution collects and processes real-time data from a variety of sources, so that you can quickly reconcile any fuel discrepancies down to the gallon or liter, see exactly where and why fuel is lost and subsequently introduce immediate mitigation plans. DX Wetstock® is simple to set up and use and can help any size of fuel station identify and minimize fuel loss, transform the entire reconciliation process, and lower overall operational costs, all while mitigating risk.
DFS ran a wetstock monitoring Proof of Concept on a small group of 10 stations for 6 months.
The results are in and they're extraordinary!
Using real-time data and advanced analytics, the Fairbanks real-time wetstock monitoring service from DFS can quickly and accurately detect fuel loss incidents within a retailer’s fueling system. The ability to pinpoint where in the system a leak may occur helps to minimize fuel loss by enabling quick intervention and enhancing the customer’s efforts to make decisions, take appropriate action and resolve problems.
Léon van Rijswijk, CEO and Founder of Bottomline, added, "Bottomline now sees opportunities to expand on its existing service by offering customers wetstock management for fuel stations. A service that, in fact, helps them to avoid product losses throughout the whole logistics process, from depot tank to pump nozzle. Bottomline is delighted to have signed a license agreement with DFS for the delivery of this new add-on service in the Benelux, France and Switzerland."