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Eka is a Gold Sponsor at ComRisk 2020 – a gathering happening for the last 4 years, bringing together risk leaders from across physically traded commodities to share best practices, utilizing new technologies to manage risk, trade finance and finishing with sessions around market risk for specific commodity classes.
Commodity markets are volatile, driven by our increasingly volatile world. As we write this blog, it has been over 6 months since the pandemic hit and businesses are yet to recover from its unprecedented impact that exposed them to several risks across the trading value chain.
According to Commodity Technology Advisory Report, 80% of companies continue to use traditional, on-premise systems that don’t provide real-time visibility into data.
Eka’s Reconciliation solution leverages modern architecture and data models to automate the entire end to end process, reducing time and errors from days to minutes.
A CPG company was spending over 6 hours daily to reconcile statements where they were sharing clearer statements manually on spreadsheets for Future ETD trades.
Direct material procurement, time to move to the front-of-the-line on digitalization
Direct material procurement, time to move to the front-of-the-line on digitalization25 AUGUST 2020 | BLOGS Situation unlike anything seen before… supply, demand and logistics…
Reimagining your financial close: bottom line to the frontline
Reimagining your financial close: bottom line to the frontline05 AUGUST 2020 | BLOGS According to a survey by McKinsey, about 60 % of CFOs spend most of their time on…
Eka selected to optimize Fujax’s trading supply chain operations
Eka selected to optimize Fujax’s trading supply chain operations 07 July 2020 | Press Release Eka Software Solutions announced today that Fujax Resources has selected Eka’s…
Mitr Phol Sugar Corp. selects Eka cloud platform for risk management
Mitr Phol Sugar Corp. selects Eka cloud platform for risk management New York, 30 June 2020 | Press Release Asia’s biggest sugar and bio-energy producer, Mitr Phol, has selected…
10 reasons why you need to stop using spreadsheets for commodity management
According to a survey of over 100 medium to large manufacturers, 92% of companies use complex pricing structures and 100% of them manage pricing fully or partially in…
How digital collaboration enables speed and agility while managing supplier network
Managing your supplier network often requires hours of emails and phone calls each week, with mind-numbing data entry leading to frustrating inaccuracies that create unnecessary…