Why logistics management should be part of your CTRM

Why logistics management should be part of your CTRM
Logistics management is vital for any commodity trading and risk management (CTRM) system, especially in the fast-paced world of grain trading. It ensures timely delivery, cost minimization, and risk mitigation. In this article, we’ll explore the significance of logistics management in CTRM and its benefits for traders in Europe and beyond. What is CTRM? CTRM is a software solution for managing the risks and challenges in commodity trading, covering the entire trade lifecycle from raw material procurement to final product sale. It's crucial in industries like agriculture, energy, and metals,...
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Key Reports in Commodity Trading: P&L, MTM, and CashFlow

Key Reports in Commodity Trading: P&L, MTM, and CashFlow
Hello, today the GrainTrack team will be addressing three common types of reports. In the dynamic world of commodity trading, accurate and timely reports are essential for making informed decisions. Let's explore three crucial reports that every trader should master: P&L, MTM, and CashFlow. Let`s start with P&L (Profit and Loss) Report. The Profit and Loss report provides a comprehensive overview of your trading performance over a specific period. It details revenues, costs, and expenses, offering a clear picture of profitability. By regularly reviewing the P&L report, traders c...
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Is GrainTrack CTRM Optimizing Commodity Trading Operations ⁉ 🤔 -Yes!

Is GrainTrack CTRM Optimizing Commodity Trading Operations ⁉ 🤔   -Yes!
In this article, we’ll explore several key areas where CTRM GrainTrack provides value to commodity traders. In the fast-paced world of commodity trading, efficiency and clarity are key. GrainTrack, our web-based CTRM (Commodity Trading and Risk Management) system, is designed to streamline and simplify your operations. Here’s how we address three major challenges faced by grain traders: 📍Centralized Data Access 🚫Problem: Trying to find the data. ✅Solution: Contracts, vessels, shipments, invoices, documents, and hedging are all in a single system, integrated with accounting and rep...
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What benefit does each department get from the GrainTrack CTRM system?

What benefit does each department get from the GrainTrack CTRM system?
In this article, we will discuss the benefits of the GrainTrack system for various roles. Let's start with the C-Level. What is important for a good manager or owner? Having quick access to the database, seeing up-to-date information 24/7,quick decision making based on up-to-date data. Processes such as P&L reporting, and most importantly - company scaling and its profit. This aim can be achieved without increasing the staff, as far as the GrainTrack system gives you access to: ✅ Storing all your data and documents in one place. Contracts, vessels, deliveries, invoices, documents...
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What is a CTRM system ?

What is a CTRM system ?
We understand that GrainTrack (GT) serves as a CTRM system tailored for grain trading operations. However, could you clarify your understanding of what is a CTRM system ? A CTRM system, or Commodity Trading and Risk Management system, is a software solution designed to assist businesses in managing their trading activities across various commodity markets while effectively managing associated risks. These systems are typically utilized by companies involved in trading commodities such as oil, gas, metals, agricultural products, and other raw materials. For instance GrainTrack is a ...
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Scaling with GrainTrack System – How does it work?

Scaling with GrainTrack System – How does it work?
GrainTrack CTRM system is a valuable tool for your business in the grain trading sector. Here are several processes that can lead to better organization of business processes and increased profitability: ✅ Process Automation: GrainTrack enables the automation of many routine tasks such as inventory management, contracts, deliveries, documents, and financial management. This helps reduce the risks of human error and increases operational efficiency. ✅ Risk Management Improvement: With the help of CTRM, it's possible to effectively track and manage risks associated with changes in grain p...
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GrainTrack Roadmap 2024

GrainTrack Roadmap 2024
On this page, you will find information about our product plans. This is the plan that we have agreed upon and passed to our development department, with a separate team dedicated to its implementation, without being distracted by minor or current tasks. I quarter ✅ Logistics import This functionality allows for more efficient importing of logistics into the system. Now, duplication can be avoided by being able to select which transportation means to update and which ones to create anew directly through the import interface. 🔄 Contract positions A substantial piece of functionali...
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У Грейнтрек – новий логотип!

У Грейнтрек – новий логотип!
What do you know about Suprematism? "What do you know about Suprematism? Suprematism (from Latin supremus - highest) is an avant-garde art movement, non-objectivity, abstract geometricism, which emerged at the beginning of the 20th century. Kazimir Malevich is considered its founder. The direction emerged from Cubism and Futurism, finding application in urbanism, posters, and graphics. In Ukraine, Suprematism was promoted by the "New Generation" (Vasyl Yermilov and others). In Galicia, it was reflected in some works of Pavlo Kovzhun (ex-libris of Sviatoslav Hordynskyi). According to ...
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The Time Has Come to Ditch Bitrix24: A Guide to Switching to GrainTrack

The Time Has Come to Ditch Bitrix24: A Guide to Switching to GrainTrack
June 1, 2023 marks the end of the use of Bitrix24 cloud service for Ukrainian users. This russian-made product was spread across Ukraine — collecting information and personal data of Ukrainian people that russian occupiers had access to.   Ukrainian grain traders are now looking for a new, reliable, and profitable alternative.     WHY SWITCH TO GRAINTRACK? If you are looking for a better alternative to Bitrix for your business needs, then Grain Track may be the right choice. The main reason grain traders should consider switching to Grain Track is the added...
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Unlocking the Potential of Chat GPT in CTRM Systems to Streamline Business Processes

Unlocking the Potential of Chat GPT in CTRM Systems to Streamline Business Processes
The development of AI-driven automation tools has opened up fresh opportunities for streamlining and enhancing business processes.     GRAIN TRACK'S AI PLAYGROUND Grain Track is no exception. We have created a 'playground' inside our system to test out this technology and see how it can help make our clients' lives easier. We believe that AI can be a great asset when it comes to tasks like proofreading drafts and templates, responding to emails with a professional tone, as well as any legal negotiations.     UNLOCKING THE BENEFITS OF AUTOMATION ...
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