01 · At a glance
Hermes CTRM and Apollo Negoce side by side
| Hermes CTRM | Apollo Negoce | |
|---|---|---|
| Built for | Physical commodity traders, especially small and mid-sized firms | Physical soft and agricultural commodities: cocoa, coffee, cashew, cotton, sesame, soybean, corn, rice, sugar, palm oil, rubber, peanut |
| AI | No AI features announced | AI agents in the product, for freight, export documents, warehouse, claims and surveyors, available on WhatsApp, Telegram, the mobile app and the platform. A human approves every action. |
| EUDR | No mention found on its public pages | Built in: plot import (Excel, GeoJSON, Shapefile), deforestation risk scored with Global Forest Watch, due-diligence statement per shipment |
| Time to go live | No duration published; a dedicated project manager and data migration are offered | Weeks: a subset of your contracts is loaded first, requests answered within 24 hours, most customizations shipped within a week |
| Physical contracts and fixations | Contract management with pricing calculation, premiums and discounts; basis or fixation pricing not described. | Fixed price, price-to-be-fixed with a differential and partial fixations against futures, and consignment contracts. |
| Futures and hedging | Multi-instrument hedging strategies; no exchange named. | Futures in lots on ICE London, ICE New York, CBOT, SGX, SHFE and Bursa Malaysia, linked to the physical contracts they hedge. |
| Position | Contract positions, long and short; futures, basis and FX positions not described. | Position by commodity and month: stock, physical, unfixed, futures and basis, with FX positions in their own module. |
| Mark-to-market and P&L | Mark-to-market and profit and loss analysis among the risk reports. | Mark-to-market on purchases, sales, differentials, futures and FX, with month-end snapshots. |
| Shipments and documents | Logistics and shipment workflows, generating transport documents and bills of lading. | Vessels, bills of lading, containers and a status for each document, with uploaded documents read by AI. |
| Warehouse stock by lot | Inventory tracked by storage location from contracts and transport documents; lots not mentioned. | Stock held lot by lot in each warehouse, with lot moves, analyses and documents. |
| Provisional and final invoices | Invoice workflows with automated documents; provisional and final invoices not described. | Provisional invoice on shipped weight, then a final invoice trued up to landed weight, with credit and debit notes. |
| Quality and weight claims | No mention found on its public pages. | Quality and weight claims with survey data, contract allowances and a status from draft to settled. |
| Freight | Contract and invoice pricing handles freight, conversions, premiums and discounts. | Freight rate table, quote requests to carriers and their replies read by AI. |
| Commodity quality fields | No mention found on its public pages. | Quality templates for 28 products, including cocoa, coffee, cashew, cotton, sesame, sugar, palm oil and rubber. |
| Interface languages | No mention found on its public pages. | English, French, German, Russian and Japanese. |
| Native mobile app | No mention found on its public pages. | iOS and Android apps on the App Store and Google Play: contracts, position, shipments, AI chat and quality checks with the camera. |
| Excel import | Legacy data collected and integrated during onboarding; no Excel import feature described. | Excel import for contracts, contacts, broker contracts, freight rates and EUDR farmer lists. |