From trade entry through to invoicing, the manual and often fragmented nature of processes has a negative impact on energy trading activities. This whitepaper highlights several commonly observed inefficiencies across trading and post-trade operational processes that come with manual processing. These inefficiencies not only slow down the workflow but also introduce a greater margin for error, leading to potential financial discrepancies, compliance issues, and operational disruptions.

Automation can address key challenges, particularly in areas like scheduling, settlements, invoicing, and P&L reporting. While automation is more advanced in crude and refined products, sectors like natural gas and power still have significant opportunities for improvement. By streamlining operations through automation, companies can enhance accuracy, reduce risks, and unlock efficiencies across the entire energy value chain, driving greater profitability and competitiveness. Ultimately, leveraging automation will enable companies to not only overcome existing challenges but also position themselves for long-term success in an increasingly competitive and evolving energy market.