DOWNERS GROVE, Ill., August 17, 2022 /PRNewswire/ — Dover Fueling Solutions (“DFS”), a subsidiary of Dover (NYSE: DOV) and one of the world’s leading providers of advanced, customer-focused technologies, services and solutions to the retail industry fuel and convenience retailer, today announced its collaboration with Bottomline, a Dutch provider of oil and gas software, planning and transportation services, to offer a complete end-to-end fuel management solution. end.
Bottomline’s fuel logistics software and services enable customers to plan, execute, administer, track and analyze the transportation of fuel from depot to service stations and end customers, helping to reduce logistics costs and strengthen the supply chain. DFS’s wet inventory management services collect data to measure and monitor fuel tanks, providing loss protection by quickly identifying the source and providing real-time analysis. Together, DFS and Bottomline will offer customers an aggregated fuel management solution that can save retailers 5-10% of costs through automated operations and result in increased fuel supply chain visibility and optimized transport routes.
“As fuel prices have risen, the cost associated with wasted fuel has never been higher,” said David Crouse, President at DFS. “This collaboration helps protect businesses by serving as the missing link to a fully optimized fuel management system. We are excited to offer our customers increased transparency in transportation logistics and onsite monitoring and provide them with tools they need to measure performance, identify gaps and automate processes.”
“This partnership is an ideal collaboration for Bottomline,” said Léon van Rijswijk, CEO of Bottomline. “We were looking to expand our business offering globally and were attracted to Dover Fueling Solutions’ forward-thinking vision of taking fuel and convenience retail to the next level. Together, we can ensure that fuel is transported safely and efficiently – from when it leaves the depot to when it is pumped into the customer’s car.”
Bottomline was founded in 1998 and facilitates the safe, efficient and rapid replenishment of fuel tanks that store products such as gasoline, diesel, propane, LNG and LPG. The Bottomline software suite operates through a five-part application:
- Scheduling – Forecasts fuel orders and automatically schedules available trucks.
- Execution – Presents approved and scheduled trips on truck drivers’ handheld devices.
- Confirmation – Reviews delivered fuel loads and forwards the data to Enterprise Resource Planning (ERP) for invoicing.
- Tracking – Provides real-time management of trip status and truck locations.
- Information – Measure and analyze performance.
The Bottomline software suite is now available to DFS customers through the company’s web portal interface.
For more information on DFS’s collaboration with Bottomline to deliver an end-to-end fuel management solution, visit www.doverfuelingsolutions.com/newsandevents. For more information on Bottomline, visit www.bottomline.eu.
About Dover Fueling Solutions:
Dover Fueling Solutions (“DFS”), part of Dover Corporation, includes ClearView, Fairbanks, OPW Fuel Management Systems, ProGauge, Tokheim and Wayne Fueling Systems product brands, and provides advanced fuel dispensing equipment, systems electronic and payment systems, automatic systems, tank gauging and wet stock management solutions to customers around the world. Based at Austin, TXDFS has a significant industrial presence around the world, including facilities at Brazil, China, India, Italy, Poland, UK and United States. For more information about DFS, visit www.doverfuelingsolutions.com.
Dover is a diversified global manufacturer and solutions provider with annual sales of approximately $8 billion. We provide innovative equipment and components, consumables, spare parts, software and digital solutions, and support services across five operating segments: Engineered Products, Clean Energy and Fuel, Imaging and Identification , pumps and process solutions and climate and sustainable technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for its entrepreneurial approach for over 65 years, our team of more than 25,000 employees embraces an ownership mindset, collaborating with customers to redefine what is possible. Based at Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV”. Additional information is available at dovercorporation.com.
Dover Fueling Solutions Contact:
Media contact in Dover:
Adrian Sakowicz, Vice President, Communications
Contact with investors in Dover:
Jack DickenSenior Director, Investor Relations