Financial Management built for commodity trade
A full-featured financial management suite, general ledger, payables, receivables, cash and multi-currency accounting, integrated end to end with your trading and supply chain. One source of truth, in real time, powered by Acumatica.
Finance and trade in a single ledger
In most trading houses, the finance team works one step removed from the deal. Trades live in a CTRM or a spreadsheet, accounting lives in something else, and the two are reconciled by hand at month end. opsPhlo closes that gap.
Every contract, shipment, invoice and settlement flows straight through to the general ledger as it happens. Your accountants work from the same numbers as your traders, with no re-keying, no overnight batch and no reconciliation backlog.
Because financial management is a module of the wider opsPhlo platform, you can start with the accounting you need today and add trading, inventory and treasury functionality over time, at a Total Cost of Operation less than one-fifth of traditional systems like SAP.
Everything finance needs, in one place
Core accounting, treasury and reporting, all wired directly into the trade lifecycle so the figures are always live.
General Ledger
A flexible, multi-dimensional chart of accounts with sub-accounts, allocations and full audit trail from trade to journal entry.
Accounts Payable
Manage supplier bills, approvals and payment runs against purchase contracts and goods received, with charges allocated to the deal.
Accounts Receivable
Raise invoices from sales contracts and shipments, track ageing and collections, and post receipts that settle straight to the ledger.
Cash Management
See cash positions across banks and entities in real time, reconcile statements and forecast cashflow against open trades.
Multi-Currency
Trade and account in any currency, with automatic revaluation, realised and unrealised FX gains and losses posted to the ledger.
Multi-Entity Accounting
Consolidate across legal entities and branches, with intercompany postings and group reporting handled automatically.
Financial Reporting
Build P&L, balance sheet and management packs with drill-down to the underlying trade, and export any view you need.
Compliance & Audit
Period-end controls, role-based approvals and a complete audit trail keep you ready for statutory and lender reporting.
Trade Settlement
Match settlements, premiums, discounts and demurrage to the contract, so the value of every deal is reflected accurately.
From contract to ledger, automatically
Contracts post as they happen
Purchase and sales contracts created in trading generate the right accruals and journals automatically, so finance is never waiting on operations.
Costs follow the goods
Freight, insurance, financing and other charges are allocated to the deal and the stock line, giving you true landed cost and accurate inventory valuation.
Mark-to-market feeds the P&L
Open positions, M2M and FX revaluation from risk management flow into the financial statements, so reported results reflect real exposure.
Close the period with confidence
With one ledger and no reconciliation backlog, month-end is faster, audit trails are complete, and management and lender reporting comes straight from the system.
Accounting that understands trade
Generic ERPs were not designed for the realities of commodity trading: provisional pricing, quality adjustments, multi-leg shipments, financing structures and constant FX movement. opsPhlo was.
- One ledger shared by traders and accountants, no re-keying or overnight batch
- True landed cost and deal-level P&L on every contract
- Multi-currency and multi-entity consolidation built in, not bolted on
- Start with the accounting you need, add modules as priorities evolve
- Cloud delivery with a Total Cost of Operation under one-fifth of SAP
A better way to run trade finance
I can generate reports at the click of a finger and export any data I want. At any time, with a glance, I know exactly where we stand. The system is very user friendly.
Questions, answered
How does financial management connect to the rest of opsPhlo?
It shares a single ledger with trading, inventory, risk and supply chain. Contracts, shipments, charges, settlements and mark-to-market post directly to the accounts as they happen, so finance and operations always work from the same live numbers.
Can we use opsPhlo financials without taking the whole platform?
Yes. Financial management is a module. Many clients start with core accounting for a fast go-live, then add trading, risk management and other modules over time as priorities evolve.
Does opsPhlo handle multi-currency and multi-entity accounting?
Yes. You can trade and account in any currency with automatic FX revaluation, and consolidate across legal entities and branches with intercompany postings handled for you. See multi-entity accounting for more.
What does opsPhlo cost compared with traditional systems?
opsPhlo is cloud delivered with a Total Cost of Operation less than one-fifth of traditional systems like SAP, with no large capital outlay and a fast, modular path to go-live.
See your numbers in real time
Discover how opsPhlo brings trade and finance into one system, so your books are always current and your close is always faster.