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Description
Eka is assisting leading commodity and direct material companies in fast-tracking their digital transformation. Their cloud-native CTRM/ETRM solution empowers businesses to oversee the entire trading lifecycle of diverse assets within the energy and commodities sectors. Enhance transparency and manage costs effectively for vital direct material expenditures by utilizing digital collaboration tools and self-service supplier engagement platforms. Transform your raw material supply chain digitally, from sourcing to contract execution. Designed specifically for the unique requirements of commodities enterprises, Eka’s supply chain solutions provide comprehensive visibility and clarity for your sustainability and ESG reporting needs. They offer reliable insights that facilitate enterprise-wide involvement while streamlining essential financial processes for more efficient and precise management across risk, compliance, financial closing, and hedge accounting. By implementing these solutions, businesses can achieve a more sustainable and efficient operational framework.
Description
TrackonAI is an innovative cloud-native CTRM platform designed to cater to the needs of commodity trading operations, offering genuine trading functionalities without the burdensome costs and complexities associated with traditional enterprise systems. The platform encompasses the entire trade lifecycle, including trade capture, contracts for purchases and sales, position and profit and loss tracking, invoicing, and comprehensive shipment and voyage tracking utilizing real-time vessel data, along with efficient document management.
Unlike many solutions that add AI as an afterthought, TrackonAI integrates artificial intelligence at its core, providing each user with an AI assistant capable of searching, clarifying, and updating trading information using straightforward language, in addition to AI-driven document analysis and intelligent workflow suggestions. Additionally, a robust risk management module is embedded within the system, offering tools for hedge book management, exposure assessments, scenario analyses, and testing hedge effectiveness, while also incorporating sanctions screening and approval processes via WhatsApp.
Developed by Trackon Software, a Dubai-based firm with over fifteen years of expertise in the CTRM sector and recognized under the Dubai AI Seal, TrackonAI ensures that the onboarding process is swift and efficient, typically taking only a matter of days instead of the months usually required by other platforms. This streamlined approach allows users to quickly harness the platform's full potential and adapt to the evolving demands of commodity trading.
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Free Trial
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Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
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Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Eka Software Solutions
Founded
2004
Country
United States
Website
eka1.com
Vendor Details
Company Name
Trackon Software
Founded
2011
Country
United Arab Emirates
Website
trackon.ai
Product Features
Commodity Trading and Risk Management (CTRM)
Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration
Energy Trading and Risk Management (ETRM)
Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation
ESG
Activity Dashboard
Analytics/Reporting
Audit Management
Benchmarking
Compliance Management
Data Visualization
Document Management
Performance Metrics
Risk Assessment
Product Features
Commodity Trading and Risk Management (CTRM)
Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration
Alternatives
Alternatives
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