Accurately manage the settlement process with a comprehensive set of tools designed to integrate all of your data into a single application
Back office information is complex and continually changing. Companies need an integrated solution to gain real-time visibility across their enterprise to quickly and accurately manage the settlement process. It can be very challenging to find a single system to capture all detailed physical and financial information from deal capture to settlement, flexible enough to manage your specific business needs and provide an accurate validation process to mitigate errors.
Allegro Settlement 8.0 provides comprehensive financial tools to manage the entire settlement process from invoicing to journal entries. Physical, financial and other information associated with commodity transactions and logistical movements are validated to ensure completeness and accuracy of the settlement data, accruals for payables and receivables are posted, and the supporting margin settlement for broker traded activity is performed.
Settlement 8.0 supports multiple currencies and units of measure for the business processes surrounding natural gas, refined products, coal, crude oil, electric power and NGLs. Additionally, Settlement 8.0 is completely integrated with the balance of the Allegro platform. Most specifically, integration with components for trading, contracts, logistics, hedge and net valuation support critical financial functions and processes.