InstaNext, a premier provider of cloud-hosted commodity trading and risk management solutions, announced today the release of InstaNext v6.1.
InstaNext first entered the CTRM arena in 2012 and has since evolved into a recognized software provider in the industry, with clients ranging from various upstream oil and gas businesses to some of the leading U.S. food suppliers and consumer goods manufacturers. Companies rely on the InstaNext platform to streamline business processes and gain deeper insights into making decisions around forecast coverage and risk management.
Some of the exciting new updates with the release of InstaNext v6.1 include a new Workflow module that will allow users to design and run workflows based on trade types. All trade workflow activity will be recorded and can be viewed in the trade’s historical log in the system. Another new module in the release is an Invoices & Payments module which gives users the ability to generate invoice documents and track invoice payments. “We are very excited for this latest release of the InstaNext platform. Since the previous release, the system has grown significantly and matured into a leader in the commodity management space. Our ability to quickly add features and maintain the high-quality software that our users are accustomed to is exceptional. It is truly a testament to the team’s hard work and smart design decisions that we are able to be this agile.” stated Marc Zabal, VP of Product Development. With several new features and modules added to the system, InstaNext now provides even more value to its growing user base.
InstaNext is comprised of a team of software and technology experts in the fields of commodity trading, hedging, and risk management. With an extensive portfolio of prior successes in the CTRM industry, InstaNext provides intuitive solutions to help companies meet the challenges of the complex commodities world. The InstaNext platform simplifies every aspect of commodity management. The multi-market platform allows companies to analyze their positions in real-time via its powerful analysis capabilities. With InstaNext, historical and scenario-based data can be used to compare current positions against changes in the market, allowing for more effective management of portfolio risk and ensuring profit margins are secure. Using the latest cloud-hosted technology, InstaNext commodity management software can be implemented quickly and with low risk.
For more information please visit our website at www.instanext.com.