iRely
The full commodity lifecycle in one system
Contracts, claims, and risk built in — not run in spreadsheets beside it. Here's what it actually does, in plain terms.
A tour, not a pitch
The short version: contract, price, ship, receive, invoice, hedge. The long version is below, for anyone who wants the detail.
Every feature on this page does one job in the trade. We'll name the job, then explain how the system handles it. No superlatives — just the workflow you already run, in one place.
The trade lifecycle, end to end
From purchase contract to outbound shipment, one system carries the trade. Starbucks roasts all its coffee through this flow.
Contract to pricing
Write the purchase contract, then price it against futures and differentials — no re-keying into a second tool.
Ship to warehouse receipt
Track the shipment, book the warehouse receipt, and update inventory as the physical position moves.
Sales contract to shipment
Match inventory to the sales contract and issue the outbound shipment against it — same data model, start to finish.
Weight claims, built in
Coffee absorbs and loses moisture, so shipped and landed weights rarely match. iRely turns constant disputes into a managed workflow.
Discrepancies caught at receipt
Weight differences on roughly 90% of shipments get logged against the contract instead of chased by email.
Thresholds and claims in-system
Set tolerances, raise claims, and record adjustments where the contract lives — not in a side spreadsheet.
Quality claims too
Slack bags and missing containers become a tracked claim with a paper trail, not an ad hoc argument.
Risk reports your buyers actually pay for
You don't buy this software to type contracts. You buy it for the analysis — futures, hedging, and exposure inside the core system.
Futures and pricing
Price positions against the board without exporting to a spreadsheet built three analysts ago.
Hedging and exposure
See your open exposure and hedge coverage against live physical positions, all in one view.
Auditable, not on a laptop
Positions and formulas live in the system, so an auditor can trace them — not one person's memory.
Dispatch without the keyboard
An estimated 20–40% of manual driver entries carry a billing-corrupting error. Digitized workflows capture the data clean at the source.
No more keying gallons
Gallons, BOL numbers, tank info, and product codes are captured digitally instead of typed by hand.
Clean data for billing
Validated entries reach the billing desk, so morning deliveries can invoice without credits and rebills.
The human stays in the loop
Drivers and dispatchers keep the judgment calls; the system just stops the re-keying underneath them.
One platform, the whole ingredient basket
Coffee, cocoa, sugar, cotton, wheat, eggs — multi-commodity manufacturers (think Dunkin'-scale profiles) run procurement in one system, not one tool per commodity.
Same contracts everywhere
One contract model works across the basket, so a cocoa buyer and a coffee buyer work the same way.
Same claims and risk
Weight claims and risk reports apply across every commodity line, not just the one you bought first.
Layered on your ERP
Runs on top of SAP or Oracle, so commodity contracts, claims, and risk sit beside the finance stack you already keep.
Vertical depth vs. horizontal breadth, honestly
Neither kind of software wins everything. Here's where each one earns its place.
Horizontal ERPs — SAP, Oracle, NetSuite, Dynamics — are strong at general finance, HR, and procurement that looks the same in any industry. If that's most of your workload, they cover it well.
Where they thin out is commodity depth. Weight claims, hedging, exposure reporting, dispatch, and physical commodity contracts sit outside their core, so teams end up rebuilding them in spreadsheets. That's the spreadsheet audit gap.
iRely goes the other way: depth-first on the commodity workflow. So the honest read is a coexistence one — keep the ERP for finance, layer iRely for contracts, claims, and risk. You don't rip and replace; you close the gap the ERP leaves open.
How iRely compares to PDI, Vertrax, and Agvance
Their strengths are real. Ours is commodity depth on one data model.
PDI Technologies is a solid back-office choice for c-store and wholesale petroleum operators, and Vertrax is purpose-built for bobtail and tank-wagon dispatch and delivery visibility. Agvance is a known name in agribusiness accounting. If your need is narrow, any of them may fit.
Where iRely pulls ahead is depth across the trade: risk management and processing on a single data model, from contract to claim to hedge to shipment — no stitching separate systems together.
In grain, only two of the eleven competitors we meet head-to-head — Ever AG and Stone Ridge — consistently win on the same evaluation criteria, and risk management and processing are the reasons we take the rest.
Packaged by the business you run
Three ways in, mapped to what you operate. See the pricing page for scope and tiers.
Commodity trading
For coffee, cocoa, and soft-commodity roasters and traders who need contracts, claims, and risk end to end.
- Full trade lifecycle
- Weight and quality claims
- Futures, hedging, and exposure
Fuel and grain ops
For fuel distributors and grain operators who need dispatch, billing, and contracts without an ERP rip-and-replace.
- Digitized dispatch and billing
- Grain contracts and risk
- Standalone, not ERP-inclusive
ERP coexistence
For teams keeping SAP or Oracle for finance and layering commodity depth on top.
- Layers on SAP or Oracle
- Closes the spreadsheet gap
- One data model across lines
Pick a workflow. We'll run it live.
Bring a weight claim, a hedge position, or a morning's loads. We'll show you how iRely handles it — you judge.