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Ratings and Reviews 0 Ratings
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What is Eka?
Eka is helping leading companies in the commodities and direct material sectors accelerate their digital transformation journey. Their cloud-native CTRM/ETRM solution equips businesses to manage the entire trading lifecycle for a variety of assets in the energy and commodities markets. By leveraging digital collaboration tools and self-service supplier engagement platforms, organizations can improve transparency and effectively control costs associated with critical direct material expenditures. Additionally, the digital transformation of your raw material supply chain can streamline operations from sourcing all the way through to contract execution. Tailored to meet the specific needs of commodities businesses, Eka’s supply chain solutions offer extensive visibility and clarity, essential for sustainability and ESG reporting. They provide actionable insights that foster enterprise-wide engagement while optimizing crucial financial processes, ensuring more efficient and accurate management of risk, compliance, financial closing, and hedge accounting. In adopting these innovative solutions, companies can not only enhance their operational efficacy but also contribute to a more sustainable future. Ultimately, this comprehensive approach positions businesses to thrive in an increasingly competitive landscape.
What is Apollo Negoce?
Apollo Negoce is a robust CTRM and contract-management platform specifically designed for companies involved in the trading of physical commodities, including agricultural products like cocoa, coffee, cashew, cotton, and sugar. Crafted by experts with real-world experience in cocoa trading across key markets such as Switzerland and Dubai, this platform adeptly handles the intricacies of contract management, logistics for shipments, inventory control in warehouses, positions management, and mark-to-market evaluations, which utilize ICE settlement prices, credit limits, and invoicing workflows. Furthermore, it includes EUDR due-diligence tools that enable the importation of plot data in various formats such as Excel, GeoJSON, or Shapefile, while also assessing deforestation risks through Global Forest Watch and generating comprehensive due-diligence reports for each shipment. To further enhance operational efficiency, AI agents are integrated to improve workflows related to freight, export documentation, warehousing, claims, and surveyor activities, utilizing popular messaging platforms like WhatsApp and Telegram, as well as its dedicated mobile app and main platform, which allows users to authorize actions performed by these agents. The implementation phase begins with a carefully chosen set of contracts and usually takes several weeks to complete, ensuring a smooth transition to the new system. Users can anticipate rapid replies to their questions within 24 hours, and most customizations are fulfilled within a week, providing a seamless integration experience. This combination of innovative features not only boosts operational efficiency but also ensures adherence to industry compliance standards, making it an invaluable tool for trading firms. Additionally, the platform’s user-friendly interface and responsive support contribute to a robust trading environment.
API Availability
API Availability
Pricing Information
Pricing not provided
Free Trial Offered?
Pricing Information
Pricing is quote-based.
Supported Platforms
SaaS
Supported Platforms
SaaS
Android
iPhone
iPad
Customer Service / Support
24 Hour Support
Customer Service / Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Online Training
Company Facts
Organization Name
Eka Software Solutions
Date Founded
2004
Company Location
United States
Company Website
eka1.com
Company Facts
Organization Name
Apollo Negoce
Date Founded
2025
Company Location
United Arab Emirates
Company Website
apollonegoce.com
Categories and Features
Commodity Trading and Risk Management (CTRM)
Accounting Management
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration
Energy Trading and Risk Management (ETRM)
Not specified
ESG
Not specified
ESG Reporting
Not specified
Global Trade Management
Not specified
Categories and Features
Commodity Trading and Risk Management (CTRM)
Apollo Negoce is a comprehensive Commodity Trading and Risk Management (CTRM) solution designed specifically for small to mid-sized firms engaged in the trading of physical commodities, emphasizing agricultural products like cocoa, coffee, cashew, cotton, and sugar. The platform meticulously tracks each transaction from the initial contract stage through to the final invoicing, managing aspects such as shipments, warehouse inventories, market position evaluations aligned with ICE settlement prices, foreign exchange and futures hedging strategies, credit arrangements, and compliance with EUDR regulations. Additionally, artificial intelligence agents facilitate the preparation of freight logistics, export documentation, warehouse management, and claims processing, with each action receiving approval from a human operator to ensure accuracy and compliance.
Accounting Management
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management