RWE Dea AG is one of the leading petroleum companies in Germany, with a specific focus on activities relating to the exploration and production of crude oil and natural gas. This is a field in which RWE Dea AG enjoys more than 100 years of experience, cutting-edge drilling and production technologies, using state-of-the-art drilling and production technology.
RWE Dea AG selected integra-T.com because of its advanced COM technology and flexible interfacing capabilities. Functional advantages for RWE Dea AG were integra-T.com’s powerful cash management tools and, in addition to handling a wide range of financial treasury instruments and the ability to track and audit oil commodities. Other modules included foreign exchange, money market, debt, in-house banking, cash forecasting and for subsidiaries remote access, reports and enquiry screens. The strong risk management and core accounting capabilities built-in were also important, together with the IFRS/IAS39 hedge accounting tools provided by integra-T.com.
