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CTRM Systems

CTRM Project Management Done Right eBook

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The CTRM Project Management Done Right eBook is now available. This eBook was created as a summary of our 7-part blog series, CTRM Project Management Done Right. In the eBook,...

CTRM Systems

Foreign Currencies: Fundamental Fx Accounting Concepts and Implications

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The energy industry is truly global. The location of the buyers, sellers, and the actual commodity can be in any corner of the earth. It is without question that the purchase...

CTRM Systems

4-Step Process to Create an Energy Inventory Management Program

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Inventory. The lifeblood of many companies in the energy industry. For certain companies, it can also be a source of pain and frustration. The adage “it’s simple but not easy”...

CTRM Systems

Clients' 5 Most Common CTRM System Needs

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As experts in the commodity trading and risk management (CTRM) space, we have continuous engagement with clients, who are leveraging CTRM technology for their commodities...

CTRM Systems

Optimizing Post Go-Live: 5 Tips to Ensure Delivery of Business Value from a CTRM Project

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Begin with the end in mind” is of the most common sayings that we use at Veritas. This applies for almost every situation and certainly to projects. When we begin working with...

CTRM Systems

Stabilization: 4 Tips to Increase User Adoption for CTRM Projects

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CTRM projects can take 6 to 18 months to execute and there are few milestones more significant than a project go-live. Given the tremendous effort and focus to get to this...

CTRM Systems

Embedded Change Management: How to Be a Change Manager without Telling Anyone

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Scientific evidence proves that people do not like change. The reaction to change ranges from physical to psychological. It truly stresses people out. Change disrupts methods...

CTRM Systems

Unknown Unknowns: How To Manage Risk Against the Unexpected

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A good project manager will do a considerable amount of planning before starting a project. However, no matter how diligent the manager is, there will always be a surprise...

CTRM Systems

Expectation Management: The Difference Between Project Success and Failure

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It is generally true that the gap between expectations and reality dictates how happy or unhappy we are about a particular outcome. This is also true in business, especially...

CTRM Systems

Measure Twice, Cut Once: Planning for a Successful Project

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In almost anything, upfront planning greatly increases our chance at success. There are maxims such as “If you fail to plan, you plan to fail” that serve as useful reminders of...

CTRM Systems

CTRM Project Management Done Right

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CTRM implementations are some of the most challenging projects that a supply and trading organization can undertake. The power of these systems is that they bring value across...

CTRM Systems

The Right Approach to Revenue Recognition

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How much of your company’s revenue comes from contracts?  For most energy companies it is 100% or close to that.  It is important to know that General Accepted Accounting...