Contracts, Pricing and Settlements
Purchase contracts, sales contracts and commercial agreements are all effectively managed in CRES. Its pricing hierarchy ensures that buy-side and sell-side customers are priced promptly and correctly, including estimated, formula-based spot and open pricing. Order positions for physical yards and brokerage operations are easily viewed and maintained in real time, with controls at the scales around volume allocations, completed contracts and customers nearing their credit limits. Commercial agreements are easily recalled with CRES.