--- title: iRely Blog --- [![iRely_Logo_NoTag - Copy](https://blog.irely.com/hubfs/iRely_Logo_NoTag%20-%20Copy.jpg)](http://www.irely.com/) ## [5 Ways to Increase Profits in the Petroleum Industry](https://blog.irely.com/5-ways-to-increase-profits) By [Team iRely](https://blog.irely.com/author/team-irely) - 04/29/2021 [![](https://blog.irely.com/hs-fs/hubfs/truck-sunset.png?width=710&name=truck-sunset.png)](https://blog.irely.com/5-ways-to-increase-profits) How to maximize profit margins with a back-office software solution Wouldn’t it be fantastic if your teams could maximize time spent on revenue-boosting projects? Unfortunately, most businesses... [Read More](https://blog.irely.com/5-ways-to-increase-profits) ## [How To Gain Rapid ROI From Your CTRM Software](https://blog.irely.com/how-to-gain-rapid-roi-from-your-ctrm-software) By [Team iRely](https://blog.irely.com/author/team-irely) - 04/27/2021 [![](https://blog.irely.com/hs-fs/hubfs/Blog/roi%20for%20blog.png?width=710&name=roi%20for%20blog.png)](https://blog.irely.com/how-to-gain-rapid-roi-from-your-ctrm-software) Investing in new software is risky. You begin looking for new tools because of a gap in your current system. You research solutions to solve specific pain points and choose the best software for your... [Read More](https://blog.irely.com/how-to-gain-rapid-roi-from-your-ctrm-software) ## [How Native Accounting Boosts CTRM Performance](https://blog.irely.com/how-native-accounting-boosts-ctrm-performance) By [Team iRely](https://blog.irely.com/author/team-irely) - 04/15/2021 [![Choosing a CTRM solution with native accounting ensures the most efficient, cost-effective commodity management system for your business. ](https://blog.irely.com/hs-fs/hubfs/Businessman%20being%20depressed%20by%20accounting%20in%20his%20office.jpeg?width=710&name=Businessman%20being%20depressed%20by%20accounting%20in%20his%20office.jpeg)](https://blog.irely.com/how-native-accounting-boosts-ctrm-performance) Even if you have a comprehensive ERP system from SAP, Oracle, Microsoft, etc., there are tremendous efficiencies and cost savings if you implement a CTRM system with native accounting. Choosing to... [Read More](https://blog.irely.com/how-native-accounting-boosts-ctrm-performance) ## [Is Your CTRM Software Hurting Your Business?](https://blog.irely.com/is-your-ctrm-software-hurting-your-business) By [Team iRely](https://blog.irely.com/author/team-irely) - 04/08/2021 [![You need CTRM with real-time insights and visibility across the supply chain to thrive in today’s rapidly changing markets](https://blog.irely.com/hs-fs/hubfs/Blog/Blog%20Post%20Images/Is%20Your%20CTRM%20Software%20Hurting%20Your%20Business.jpg?width=710&name=Is%20Your%20CTRM%20Software%20Hurting%20Your%20Business.jpg)](https://blog.irely.com/is-your-ctrm-software-hurting-your-business) Commodity trading and risk management (CTRM) software was created in the 1990s to help commodity trading companies navigate the complexities around regulations, rates, terms and conditions, and... [Read More](https://blog.irely.com/is-your-ctrm-software-hurting-your-business) ## [6 Fun Facts About Cotton](https://blog.irely.com/6-fun-facts-about-cotton) By [Team iRely](https://blog.irely.com/author/team-irely) - 03/22/2021 [![At iRely, we understand cotton. Our commodity management software helps cotton companies improve efficiency, reduce risk, and drive profits.](https://blog.irely.com/hs-fs/hubfs/cotton%20close%20up%202.jpg?width=710&name=cotton%20close%20up%202.jpg)](https://blog.irely.com/6-fun-facts-about-cotton) Odds are, you are wearing something made of cotton as you read this. Cotton is the most widely used natural fiber for making clothing because it is soft and comfortable, has good absorbency, and... [Read More](https://blog.irely.com/6-fun-facts-about-cotton) ## [You Need More Than Spreadsheets for Commodity Management](https://blog.irely.com/you-need-more-than-spreadsheets-for-commodity-management) By [Team iRely](https://blog.irely.com/author/team-irely) - 03/18/2021 [![Spreadsheets are not enough for effective commodity management ](https://blog.irely.com/hs-fs/hubfs/Blog/Blog%20Post%20Images/spreadsheets1a.jpg?width=710&name=spreadsheets1a.jpg)](https://blog.irely.com/you-need-more-than-spreadsheets-for-commodity-management) Despite the abundance of commodity trading and risk management (CTRM) solutions available, spreadsheets remain an integral part of commodity management. In fact, in a Commodity Technology Advisory... [Read More](https://blog.irely.com/you-need-more-than-spreadsheets-for-commodity-management) ## [What Is CTRM Software?](https://blog.irely.com/what-is-ctrm-software) By [Team iRely](https://blog.irely.com/author/team-irely) - 02/25/2021 [![What is commodity management](https://blog.irely.com/hs-fs/hubfs/olive_oil.jpg?width=710&name=olive_oil.jpg)](https://blog.irely.com/what-is-ctrm-software) According to ComTech Advisory, CTRM (commodity trading and risk management) software is the category of software applications, architectures and tools that support the business processes associated... [Read More](https://blog.irely.com/what-is-ctrm-software) ## [What Is Commodity Management?](https://blog.irely.com/what-is-commodity-management) By [Team iRely](https://blog.irely.com/author/team-irely) - 02/17/2021 [![effective commodity management from iRely](https://blog.irely.com/hs-fs/hubfs/Blog/Blog%20Post%20Images/coffee%20bags2.jpg?width=710&name=coffee%20bags2.jpg)](https://blog.irely.com/what-is-commodity-management) Analyst firm ComTech Advisory recently wrote a blog defining Commodity Management as “the superset of software that encompasses both CTRM and ERP for Commodities.” Software that supports trade... [Read More](https://blog.irely.com/what-is-commodity-management) ## [6 Surprising Facts about Cocoa](https://blog.irely.com/6-surprising-facts-about-cocoa) By [Team iRely](https://blog.irely.com/author/team-irely) - 02/11/2021 [![Some of the largest cocoa producers in the world use iRely to manage commodity trading. ](https://blog.irely.com/hs-fs/hubfs/chocolate%20on%20table%20for%20blog.jpg?width=710&name=chocolate%20on%20table%20for%20blog.jpg)](https://blog.irely.com/6-surprising-facts-about-cocoa) The cocoa bean is the seed of the cacao tree. According to the World Cocoa Foundation, people around the world consume more than 3 million tons of cocoa beans a year. Cocoa is the key ingredient in... [Read More](https://blog.irely.com/6-surprising-facts-about-cocoa) ## [8 Things You Might Not Know About Coffee](https://blog.irely.com/8-things-you-might-not-know-about-coffee) By [Team iRely](https://blog.irely.com/author/team-irely) - 02/01/2021 [![More coffee roasters use iRely than use any other CTRM software](https://blog.irely.com/hs-fs/hubfs/cofee%20for%20blog.jpg?width=710&name=cofee%20for%20blog.jpg)](https://blog.irely.com/8-things-you-might-not-know-about-coffee) Coffee is grown in more than 70 countries and consumed in over 230 countries and territories each year. It is one of the most popular drinks worldwide, generating billions of dollars of revenue.... 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