Lone Star RS Platou has grown into one of the leading oil broker houses in the U.S.

The Challenge

Lone Star’s 15 tanker brokers based in Houston have to share sensitive information with each other. The brokers constantly update real-time trade sheets throughout the day and it’s essential they have current, accurate trade information available to their customers. The brokers created an Excel spreadsheet that was hosted on Lone Star’s server allowing each broker to have access to the document. After entering data on the spreadsheet, the brokers would have to manually save the document and refresh the screen – which didn’t always happen and would freeze up at times. This created problems because other brokers never knew when the document had been updated.

The Solution

One of Lone Star’s brokers searched for a better solution and found EditGrid. After testing the service the broker was pleased with the results. EditGrid’s automatic save feature means Lone Star’s brokers no longer have to remember to save a file. The real-time update feature also allows brokers to see when another broker is adding information on the spreadsheet.

The Result

Lone Star’s brokers can now see in real-time current trade information and make trade decisions based on accurate information. Since they don’t always have time to talk to each other when something important comes through, EditGrid allows the brokers to have access to the most current information, quickly and accurately.