Managing the purchasing processes of commodities and commodity-dependent goods.
Minerva Commodity Sourcing helps companies leverage underlying purchasing and commodity-specific functionality to drive price-based pricing, automate price calculations, and streamline invoicing. The solution prices commodities on exchanges and gives managers the ability to upload quotes and automate price calculations for futures and other derivatives. As a result, companies gain clear visibility into physical commodity positions, a streamlined process for pricing and settling commodities against market contracts, and the ability to manage risk during times of high volatility.