HOUSTON, TX MARCH 16, 2018
Spotlight Energy, LLC, a wholesale natural gas marketing company, announced they have begun the process of CTRM system selection and have chosen The Vessel Group as their advisor for this process. Spotlight Energy seeks to implement an end-to-end system of record, encompassing deal capture, risk management, cash management, audit trail, billing / invoicing and physical gas tracking, management and accounting.
Founded in 2015, Spotlight Energy’s operations include gas trading, asset management, storage services and financial hedging. They have realized the need for a CTRM system to replace current platforms they have outgrown.
The Vessel Group’s system selection process will evaluate usability, scalability for future expansion and adaptability for changing business needs. The Vessel Group’s methodology ensures that the system is a match with the company culture, processes and commercial business metrics.
After discussing with several advisory firms, Spotlight Energy chose The Vessel Group, an energy consulting and talent sourcing firm based in Houston, to kick off the CTRM system selection process. The Vessel Group was chosen because of their executive team’s unique expertise, with each member having 20+ years’ experience in the same energy space at Spotlight Energy. In addition to the expertise of the executive team, Spotlight Energy noted the proximity – with both firms located in Houston – and the Vessel Group’s alignment with the startup culture at Spotlight Energy.
Jacob Field, President, Spotlight Energy, LLC
“The Vessel Group came to us highly recommended from other executives in the energy industry. While they’ve officially been around about as long as Spotlight, The Vessel Group’s consulting team is comprised of some of the most highly-regarded professionals in this space.”
Dennis Hatchett, CEO, The Vessel Group
“Spotlight Energy’s core values are centered around bringing value to customers, the strength of long-lasting relationships and commitment to exceptional service. These values align closely with the values of The Vessel Group. We’re thrilled to be part of the CTRM selection process and confident that this will be the start of a great partnership between two growing companies.”
About The Vessel Group
The Vessel Group is a Houston-based energy consulting and talent sourcing firm, with deep industry experience. Leveraging their relationship-based model, The Vessel Group provides leadership and guidance to energy companies as they make crucial business decisions connected to people, process and technology. Multi-year implementations and their extensive costs require companies to seek technology solution firms with comprehensive industry knowledge, resourcefulness and experience – learn more about our company’s dedication to those traits at https://www.thevesselgrp.com.