SpotLock provides a cloud‑native platform that aggregates real‑time commodity exposure data from inventory, contracts, and supplier commitments into a single dashboard. It enables finance and procurement teams to design, execute, and monitor hedging strategies with integrated price intelligence, scenario analysis, and automated hedge accounting to support fixed‑price contracts.
Funding
Funding not disclosed
Founders
Product
Problem
Companies that rely on raw materials face unpredictable price swings, making it difficult to protect profit margins, maintain stable operations, and honor fixed‑price contracts with customers. Traditional hedging processes are fragmented across inventory, procurement, and finance systems, leading to incomplete visibility and sub‑optimal risk mitigation.
Solution
SpotLock delivers a cloud‑native commodity risk management platform that consolidates exposure data from inventory, supplier commitments, and customer contracts into a single, real‑time view. The solution translates procurement constraints into a unified hedging language, enabling finance and procurement teams to design, execute, and monitor complex hedging strategies without manual reconciliation. Integrated price intelligence and scenario‑analysis tools help users quantify potential losses and optimize hedge ratios, while automated accounting treatment ensures compliance with hedge accounting standards. By providing transparent exposure metrics and streamlined execution, SpotLock lets organizations confidently offer fixed‑price long‑term agreements and protect profitability amid market volatility.
Target Audience
Primary users are commodity managers, procurement heads, and treasury professionals in construction, manufacturing, automotive, energy, and distribution firms that need to manage raw‑material price risk at scale.
Features
- Real‑time exposure dashboard that aggregates raw‑material positions across inventory, contracts, and supplier commitments
- Scenario‑analysis engine with Monte‑Carlo simulations and forward‑curve modeling to evaluate hedge effectiveness under multiple market conditions
- Automated hedging workflow that generates trade tickets, integrates with trading desks via API, and supports both financial and physical hedges
- Hedge accounting module that produces journal entries and audit‑ready documentation in line with IFRS 9/ASC 815 requirements
- Global price intelligence feed delivering minute‑level spot and futures data for major commodities, with customizable alerts for threshold breaches
- Framework‑agreement pricing tool that calculates contract terms for any duration, enabling fixed‑price offers to end‑customers
- Role‑based access control and audit logs to enforce company‑wide risk policies and ensure governance across procurement, finance, and operations teams
- Seamless integration connectors for ERP, procurement, and treasury systems (e.g., SAP, Oracle, Coupa) to synchronize data and trigger hedging actions automatically