Murphy Oil USA is enhancing their license and permit tracking with with RenewalTracker.
Learn how they are doing it.
RenewalTracker Benefits
RenewalTracker(TM) is a secure, web-based, solution that requires no software installation, maintenance or support by your organization. It enables organizations to easily standardize enterprise-wide compliance and tracking of vital permit, licensing, certifications and other recurring, time-sensitive business items including tax, regulatory, and virtually any other renewal payment commitments.
RenewalTracker helps replace complex, time-consuming manual procedures with a simplified, user-friendly process. Authorized users view and administer renewal item information online in a centrally located repository that takes the hassle out of managing renewal items.
Eliminate the Microsoft Excel spreadsheets, paper-based reporting processes or other decentralized means you use to track your regulatory commitment information. Streamline the process and ensure data integrity by granting role-level privileges to view and manage renewal information in a password-protected web-based solution.
Online notifications about upcoming renewal deadlines ensure you avoid unnecessary financial penalties or loss of business from missed renewal payments. Simply enter a recurring renewal item in RenewalTracker with the necessary information, including coverage period, renewal due date, and amount and forget about it until it comes due.
As a further safeguard against late payment, RenewalTracker automatically sends email notifications to the responsible resources within your organization about upcoming renewal items, well in advance of expiration dates.
RenewalTracker takes the hassle out of managing regulatory commitments. As the renewal item moves through the standardized process, simply update key information at each milestone including the creation, notice receipt, remittance, payment confirmation and notice received for a streamlined and efficient operation. RenewalTracker can optionally create the next renewal item with the new future expiration date to automate your process. No more late fees, no more lost business, no more hassle.
For a low recurring monthly fee, based on your organization’s needs, you can utilize all of RenewalTracker’s capabilities to manage your regulatory commitment renewal processing requirements.
Using RenewalTracker to centrally manage and streamline your current renewal process will allow your employees to focus on other key tasks. RenewalTracker replaces a labor-intensive, often inefficient procedure with an easy and effective means of tracking and administering recurring regulatory commitments.
RenewalTracker requires no additional software or hardware for you or your organization to purchase, install, support or maintain. As a completely managed, hosted software-as-a-service solution, RenewalTracker is automatically updated periodically with new features.
This leaves you to easily and effectively manage your recurring regulatory commitment business process, while leaving the technology to us.