San Mateo, CA, February 19, 2016 --ENFOS, Inc. today announced that Cumberland Farms, Inc. has entered into a definitive agreement to implement the ENFOS Environmental Liability Management Platform. Cumberland Farms will deploy ENFOS software solutions to support the management of their remediation program including project and program management, lifecycle strategy and financial planning, reserve management, vendor proposals, work authorizations, and expenditure management. Additionally, ENFOS will be seamlessly integrated with Cumberland Farms’ financial system in order to facilitate financial reconciliation.
About Cumberland Farms, Inc.:
Cumberland Farms, Inc. is an industry leading owner and operator of an extensive network of retail convenience stores and gas stations located in the Northeast and Florida. The family owned company, founded in 1939, is based in Framingham, Massachusetts. Visit http://www.cumberlandfarms.com to learn more.
ENFOS is a SaaS platform that expertly manages all the complexities of remediation and asset decommissioning including reporting and disclosure requirements associated with ASC 410 and IFRS standards. ENFOS technology supports seemingly disparate data types and processes such as technical data and financial data to unlock the unknowns like root cause, cost drivers, and best practices.
The company’s solution integrates easily with customers’ ERP systems and legacy applications, providing for seamless real-time knowledge. Customers include BP, Total, Kinder Morgan, ConocoPhillips, Celanese, 7-Eleven, Canadian National Railway, and The RACER Trust.
ENFOS, Inc. is headquartered in San Mateo, California, with offices in the Chicago area, and China. For more information contact us or call 1 (888) 838-7767.
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