Across the biofuels sector, the compliance landscape is complex and ever-changing. Sustainability is a key consideration for all stakeholders.
With logistics, procurement and audits creating their own challenges, the biofuel supply chain needs commodity management technology designed for the sector.
Apps for biofuels supply chains
Gen10 apps are used across the supply chain for traceability, inventory and logistics management, contract creation, and more.
Collaborative cloud technology
The cloud apps complement your existing ETRM and finance systems, with API connections ensuring your Gen10 apps are working with your existing processes to create new opportunities.
A solution for your business
We work with you to understand the challenges you are looking to solve, set up your automated workflows and ensure your apps are sharing data with your technology ecosystem for better control and oversight.
Sustainability and traceability
Supplier sustainability and financial audits
Self-assessment reporting allows suppliers and partners to answer your due diligence questions and upload certification documents with the mobile and web Aud.ITTM app. Use APIs to integrate with other commodity management technology for faster counterparty onboarding and more complete traceability.
Certification as standard
Contract management and CTRM apps manage certification throughout contract lifecycles. Processing controls create alerts when documents are missing, as well as certification expiry reminders. Allocate and track certificates even when blending or splitting stock shipments.
Complete visibility over counterparties, contracts, stock and documents
Automated processing makes contract management easier and faster, with fewer errors and a better audit trail.
Multi-lingual document creation
Contracts are automatically created based on pre-approved templates, then progressed digitally through your approval processes. Instant notifications and cloud technology means approvals can be completed at any time.
Create a complete overview of your positions with live reports that update as soon as an action is taken and integrate with your accounting system, ERP of forecasting technology.
Other features include:
- Centralised certificate and counterparty management.
- Complete real-time position visibility.
- Burn forecasting using actual and average net calorific values.
- Multi-stage sampling and assays, which automatically calculate pricing and invoicing as well as improving planning and maintenance.
- Real-time profiling data including type, form, origin, GHG footprint and more.
- Automate pricing calculations based on moisture content, net calorific value, futures curves and other key variables as you change contract terms and forward months, for quick and easy What-If analysis.
- Included as standard in the Commodity.Manager CTRM or available as a stand-alone app.
Advanced CTRM logistics
Create workflows that automatically process shipments and give a real-time view of your positions.
Save time and reduce errors by automating document creation including requests for release and shipping documents. Email banks, warehouses and other partners directly from within the system.
Use the calendar to automatically create tasks and deadlines based on your contracts for a simple view of outstanding tasks.
Generate multiple shipments within one contract. Split, blend and combine stock with ease. Build sampling and inspections into your workflow where required, and automatically update shipments based on the results.
Automatically convert between different shipment types. Work across different measurements with ease, assigning shipments in different units to contracts, with automatic checks and controls to balance orders.
“The key items that stood out were the workflow engine, the calendar functionality that shows clearly what step in the booking, operations and finance process are outstanding and the automatic generation of invoicing. This is in addition to the core CTRM functionality which is also very rich.”
Barry Gould, CTO, Concord Resources
Powerful integrated CTRM technology
Driven by comprehensive workflow and pricing engines. Automate processes across front-, middle-, and back-offices for continuous position reconciliation. Feed data into ERP and other software in real-time. The cloud software gives all users the information and tools they need at any time and on any device.
Enhanced contract management
Manage counterparties, automate document creation and gain control over contract processes with automated workflows.
Calculate and re-calculate pricing automatically. Multiple premiums and discounts, FX, exchanges, conversions and more provide complete visibility and optionality.
Power logistics with automated document creation including shipping and warehousing documents and bank requests for release.
Reduce operational risk using checks and controls including credit limit alerts, missing documents, allocation quantities and more. Keep all teams updated on every contract with automated calendars of outstanding tasks and deadlines.
Gain complete, real-time position visibility that updates as soon as actions are taken. The wide range of in-system reports and reporting integrations provide real-time P&L, MTM, position and management reports that give clear, actionable insights into your operations.
CTRM becomes a tool to speed up processes, reduce administration and improve compliance, while the reports take care of themselves.
Automated contract management
Workflow engines provide efficiency, control and audit. Progress digital contracts through Legal, Finance, CSR and commercial functions seamlessly. Automate contract creation, special clauses and processing to approvals and counterparties.
Automatically calculate pricing with multiple assays, premiums and discounts, on call and average pricing, as well as FX and interest.
Manage approved counterparties, their documents and expiry dates. Automatically create contracts based on their history or your approved templates. Virtual lots make it easy to monitor incoming stock and any assays, allocate the right stock to sales contracts and trace commodities, even when blending or combining lots.
Live reports update as soon as actions are carried out. Issue the contract, feed your positions and update your ERP at exactly the same time.
Use digital approvals and signatures, with workflows providing confidence that contracts are not progressed without approval and digital processing creating a complete record of every action taken as standard.
Cloud commodity management
Access this cloud app securely from anywhere on almost any device. Team members can update deals and approve contracts securely, even when away from their desks.
Included as standard with Commodity.Manager CTRM or implement as a stand-alone app. Manage and automate purchase and sale contracts on a single platform or feed your E/CTRM or ERP position reporting to gain better outcomes from your existing technologies.
Faster pre-trade and deal capture
Streamline high-volume transactions and capture pricing across your organisation. Communicate price levels, invite offers, close deals and monitor activity.
Transform your procurement process by inviting approved suppliers and customers to your private digital marketplace. The mobile-friendly app means your team can close deals quickly and automate business confirmations for instant communication, even when traders are out and about.
Gain greater insights from tracking offer-bid spreads and performing analysis via a simple responsive dashboard. API integrations with Contract Management, CTRM and ERP systems update your digital records as soon as deals are confirmed, reducing data entry and improving accuracy.
Traceability and provenance assurance
Perform due diligence on suppliers or warehouses with this web and mobile app. Inspectors can survey even remote producing regions and share data instantly using the cloud app. Or, in areas of limited connectivity, can save responses and upload them as soon as they have Internet access.
Ensure mandatory questions are completed. Upload supporting evidence and use the device’s GPS location to confirm the site visit.
Information is available across the organisation as soon as it is uploaded, with no risk of errors during transcription. Fully-digital records create a complete change log, showing any changes made to your information and when.
Manage risk as part of everyday workflows
Populate risk reports with the information your team generates as they work – with no need to copy information or wait for end-of-day reports.
Real-time Operational and Financial risk
Broad risk management tools support activities from price and premium curves to credit limits. Reports including MTM, position and P&L help you mark your exposure to market, square your hedges and explain your P&L, all updating as weights and quantities change throughout the day.
The cloud app can be securely accessed remotely, providing all the information your people need, whenever they need it.
Work with your technology
Included as part of Commodity.Manager CTRM or use the stand-alone app to improve your existing software’s risk management.
Scale with confidence
Knowing that financial, commercial and operational activities are being controlled and monitored from the ground up.
Get in touch today
Send us a message and a member of the team will get back to you soon