The speed of digital transition in the recent years has been unprecedented, with a few technology leaders accomplishing 18-month transformation plans in almost over a weekend. There are still plenty who are nostalgic for the good old undigitized times. …

“Old is gold” is not always the best adage, and in a world where technology becomes obsolete every second, it becomes a non sequitur. Especially when talking about CTRM systems, enterprises that rely on legacy commodity trading and risk management models would be in for a rude shock to know…

Direct material procurement of agricultural materials is an inherently complicated process since it involves multiple stakeholders and complex specifications. Factors such as climate change, food security concerns, and geopolitical volatility bring in an additional layer of uncertainty. Legacy systems used by agribusinesses are often ill-equipped to handle this level of…

Digitalizing procurement for Consumer Packaged Goods (CPG) industry might just be the best idea since sliced bread. Why? The speed at which the COVID-19 pandemic caused supply chain disruptions is not just hypothetical. From toilet paper to sanitizers to packaged food — procurement and supply were disrupted for all as…

Sustainability has gained a lot of traction in recent times, but with little clarity. As businesses strive to incorporate more environmentally conscious strategies and reporting into their operations, they seek visibility into this ever-evolving process. To help bridge this gap, our sustainability experts have answered the top five questions for…

Did you know that analysts spend up to 90% of their time just doing data aggregation and normalization of data? (Source) Yes, even analysts aren’t immune to manual work, although there are ways to circumvent it. …

Any good treasurer knows that the ball is always rolling. As an engaged treasurer, it’s essential to keep tabs on the company’s financial health anytime, anywhere. A treasurer’s scope of work includes cash visibility, cash management, liquidity, cash positioning, monitoring risks, provisioning for working capital requirements and more. Keeping an…

What commodity businesses can expect from the ongoing disruption in trading and risk management caused by the Russia-Ukraine conflict The ongoing Russia-Ukraine conflict left the world stunned. The swift ‘military operation’ sent shockwaves through the markets with stocks tripping and oil prices soaring. This just goes to show how in geopolitics, things can change at a moment’s notice. Political uncertainty and volatility affect economic activity. This means the conflict…

Direct material procurement is complicated, especially for the metals and mining industry. Mining companies often deal with fluctuating prices and intense competition in addition to being highly capital intensive. The involvement of multiple stakeholders as well as the presence of complex material specifications add to the challenge. Managing supplier collaboration…