01 · At a glance
iRely and Apollo Negoce side by side
| iRely | Apollo Negoce | |
|---|---|---|
| Built for | Cocoa, coffee, cotton, sugar, tea and food, plus agribusiness and petroleum distribution | Physical soft and agricultural commodities: cocoa, coffee, cashew, cotton, sesame, soybean, corn, rice, sugar, palm oil, rubber, peanut |
| AI | No AI features announced on its website | 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 | Weeks: a subset of your contracts is loaded first, requests answered within 24 hours, most customizations shipped within a week |
| Physical contracts and fixations | Priced and unpriced contracts, cocoa ratio contracts fixed against futures, and reports of unfixed contracts. | Fixed price, price-to-be-fixed with a differential and partial fixations against futures, and consignment contracts. |
| Futures and hedging | Futures and derivatives managed and reconciled to broker statements; 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 | Position reports for derivatives, unfixed and fixed contracts by trade month, product or supplier. | Position by commodity and month: stock, physical, unfixed, futures and basis, with FX positions in their own module. |
| Mark-to-market and P&L | P&L, hedging and mark-to-market including logistics costs. | Mark-to-market on purchases, sales, differentials, futures and FX, with month-end snapshots. |
| Shipments and documents | Containers, loading times and vessel size tracked, with logistics, allocation and invoices on one screen. | Vessels, bills of lading, containers and a status for each document, with uploaded documents read by AI. |
| Warehouse stock by lot | Inventory down to the bale by warehouse and quality, with lots traced through splits and merges. | Stock held lot by lot in each warehouse, with lot moves, analyses and documents. |
| Provisional and final invoices | Invoices monitored with quality and logistics; provisional and final invoicing 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 | Claims listed among coffee functions, without further detail. | Quality and weight claims with survey data, contract allowances and a status from draft to settled. |
| Freight | Freight bookings created from bale selections using the confirmed loading date. | Freight rate table, quote requests to carriers and their replies read by AI. |
| Commodity quality fields | Cotton bales tracked by quality attributes such as color, micronaire and strength, with premiums and discounts. | Quality templates for 28 products, including cocoa, coffee, cashew, cotton, sesame, sugar, palm oil and rubber. |
| Interface languages | Manages commodities across languages and creates multilingual documents; interface languages not listed. | English, French, German, Russian and Japanese. |
| Native mobile app | No native trading app mentioned; its mobile app serves petroleum fuel delivery. | iOS and Android apps on the App Store and Google Play: contracts, position, shipments, AI chat and quality checks with the camera. |
| Excel import | No mention found on its public pages. | Excel import for contracts, contacts, broker contracts, freight rates and EUDR farmer lists. |