etrm ctrm for energy

Oil & Energy

Each stage of the energy supply chain faces its own unique challenges that an ETRM must address. Risk management, process efficiency, supply chain optimisation and real-time data are key.

Cloud commodity management apps from Gen10 manage risk and improve efficiency at all stages of the energy supply chain.

Move beyond ETRM with enhanced pricing and logistics automation, providing greater control, operational excellence and opportunities for profitability.

For traders

Automated pricing

Give your team new optionality with the Pricing Engine. Create your own pricing formulas, automatically calculate pricing and update records based on each individual assay.

Integrate with multiple market data feeds and allow traders to create their own automatically-calculated composite curves. Add price tiering, charges and costs, and calculate interest and FX with the same optionality as contracts.

Better logistics

Create a seamless handover from trading to operations with automated workflows. View all inventory locations and grades, manage multiple schedules and shipment modes, manage freight costs and add logistics costs to financial reporting.

Automation, checks and controls reduce errors, create complete audit logs and enable contracts to progress to settlement faster.

Live data

Enable better decision-making with live MTM, P&L and other reports that update as soon as things change. For simple reconciliation, fewer errors and instant what-if analysis.

Contract management

Cloud technology lets your team manage deals from anywhere. From quick trade capture to delivery and invoicing, manage all contracts including blends across trading, risk, finance and operations team. Manage documents in one central location. Automate document creation and approvals.

For refiners

  • Drive efficiency across contracts, demurrage, storage and inspections.
  • Add inspection assays to your automated workflows for incoming deliveries and automatically update virtual lots with the results.
  • Price, manage and trace blends.
  • Manage all purchase and sale contracts, documents and multi-modal shipping.
  • Use live inventory management to show all stock, assays and allocations and feed positions to your ERP as things change in real-time.
  • Use market data and automated pricing calculations for instant pricing and simple what-if analysis.
etrm oil refiners

For utilities

Streamlined procurement

Onboard counterparties and progress purchasing faster with automated processing. Maintain complete centralised visibility over counterparties, contracts and documents.

Supply chain optimisation and visibility

Add multi-stage sampling to your automated workflows. Update all dependant information and documents automatically. Manage logistics with multi-modal shipping and automatic unit conversions.

Use the calendar to automatically create tasks and deadlines for a simple view of outstanding tasks.

Better data

Integrate your commodity management data with power demand forecasts. Provide real-time oversight of all positions and profiling data that affect your burn forecasts. Make better-informed, quicker decisions with reports updating live whenever your team takes action.

“Gen10 has created a contract management system that brings together the various operations needed to fully integrate and control our trading business. The experienced and professional team has supported us for over 12 years now. This system has allowed us to do a larger volume of business with lower cost while maintaining our high level of customer service.”

Gen10 Apps

Powerful integrated ETRM 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.

Better logistics

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.

Live reporting

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.

ETRM becomes a tool to speed up processes, reduce administration and improve compliance, while the reports take care of themselves.

commodity-manager-ctrm

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.

Faster processes

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.

Better controls

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.

Versatile integrations

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.

contract management software

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.

More communication

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.

Better data

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.

deal capture app

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.

Paperless audit

Ensure mandatory questions are completed. Upload supporting evidence and use the device’s GPS location to confirm the site visit.

Complete transparency

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.

audit traceability provenance

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.

risk management software

Schedule your demo

Ready to see more? Let us know when is a good time for you