--- title: Global Force in Advanced Biofuels Embraces Advanced Analytics description: Eka Analytics' Position app turned a four-day, manual reconciliation process into a 30 second task, eliminating human reconciliation errors. image: https://info.ekaplus.com/hubfs/video%20CTAs%20/REG%20blog%20image.png --- [![Eka - Power of One](https://blog.eka1.com/hs-fs/hubfs/Logo-On-White-RGB.png?width=9601&height=5401&name=Logo-On-White-RGB.png "Eka - Power of One")](http://ekaplus.com) - [PLATFORM](https://www.ekaplus.com/platform/) - SOLUTIONS - [CTRM & ETRM](https://www.ekaplus.com/solutions/trading-and-risk-management/) - [Commodity Analytics](https://www.ekaplus.com/solutions/commodity-analytics/) - Supply Chain & Ops - [Eka CSM](https://www.ekaplus.com/solutions/eka-commodity-site-manager/) - [Eka Control Systems](https://www.ekaplus.com/solutions/eka-control-systems) - [Eka QMS](https://www.ekaplus.com/solutions/eka-quality-management-system) - Collaboration - [Eka Connect](https://www.ekaplus.com/solutions/eka-connect) - [Farmer Connect](https://www.ekaplus.com/app/farmer-connect/) - [Supplier Connect](https://www.ekaplus.com/app/supplier-connect/) - [Customer Connect](https://www.ekaplus.com/app/customer-connect/) - Digital Transformation - [Eka AI](https://www.ekaplus.com/app/customer-connect/) - [Eka Blockchain](https://www.ekaplus.com/solutions/eka-blockchain/) - [Eka Source](https://www.ekaplus.com/solutions/eka-source) - [Eka App Store](https://www.ekaplus.com/solutions/eka-app-store) - INDUSTRIES - [Agriculture](https://www.ekaplus.com/agriculture/) - [Metals & Mining](https://www.ekaplus.com/metals-and-mining/) - [Energy](https://www.ekaplus.com/energy) - [Crude Oil & Refined](https://www.ekaplus.com/energy/crude-and-refined/) - [Natural Gas & LNG](https://www.ekaplus.com/energy/natural-gas-lng/) - [Power](https://www.ekaplus.com/energy/power/) - [Manufacturing](https://www.ekaplus.com/manufacturing/) - [CUSTOMERS](https://www.ekaplus.com/customer-directory/) - [COMPANY](https://www.ekaplus.com/company) - [RESOURCES](https://www.ekaplus.com/resource-center/) - [News](https://www.ekaplus.com/news/) - [Blog](http://blog.ekaplus.com/blog) - [Events](https://www.ekaplus.com/event-center/) - [App Sheets](https://www.ekaplus.com/appsheets/) - [Brochures](https://www.ekaplus.com/brochures/) - [Case Studies](https://www.ekaplus.com/casestudies/) - [Whitepapers](https://www.ekaplus.com/whitepapers/) - [Webinars](https://www.ekaplus.com/webinars/) - [PLANS](https://www.ekaplus.com/plans/) - [Contact](https://www.ekaplus.com/contact/) - [GET STARTED](https://www.ekaplus.com/get-started/) - [GET STARTED](https://www.ekaplus.com/get-started/) [EKA](http://ekaplus.com/) > Global Force in Advanced Biofuels Embraces Advanced Analytics January 24, 2018 # Global Force in Advanced Biofuels Embraces Advanced Analytics [![REG uses Eka Analytics for an accurate repot on position ](https://info.ekaplus.com/hubfs/video%20CTAs%20/REG%20blog%20image.png)](https://blog.eka1.com/blog/renewable-energy-group-improves-efficiency-with-eka-analytics) ![REG uses Eka Analytics for an accurate repot on position ](https://info.ekaplus.com/hubfs/video%20CTAs%20/REG%20blog%20image.png "REG uses Eka Analytics for an accurate repot on position ") Renewable Energy Group (REG) is used to being a global leader. Founded as a single biodiesel facility in 1996, the company has sold over two billion gallons of biomass-based diesel fuel and built a strong network of state-of-the-art biorefinery production facilities. Today REG is a global force in advanced [biofuels](https://www.ekaplus.com/eka-analytics/biofuels) and renewable chemicals. ## **Why advanced analytics?** Biofuels have come of age as a significant and an increasingly cohesive part of the world’s energy mix. Manufactured largely from agricultural commodities but consumed in the traditional fuel supply chain, biofuel prices are driven by the intricate balance between crude oil and commodities fundamentals. This mix lends itself to a complex trading and hedging proposition, which makes it important for REG to have timely and accurate visibility of data. ## **Why Eka’s Position app?** REG has data in multiple systems, including physicals in [Eka CTRM](https://www.ekaplus.com/ctrm-software), inventory data in JD Edwards, and derivative and inventory/control adjustments in spreadsheets. This data needs to come together to produce position reports. Creating these reports manually takes time, and REG was spending crucial time putting these reports together instead of using that time to study the market and identify risks. It was getting hard for them to make strategic decisions on time because the market would move by the time REG could assess true exposure. They needed a solution that could process large volumes of data from disparate sources and help them gain immediate insights. ## **What results have they achieved with Eka’s [Position app](http://info.ekaplus.com/eka-analytics-position-app-sheet)?** [Eka helped REG automate a four-day, manual reconciliation process into a 30 second task](http://info.ekaplus.com/renewable-energy-group-video-testimonial). The app enables them to view exposure at the click of a button instead of waiting a full business week for the manual report to be put together. It eliminated any chance of human error while aggregating, blending, and analyzing inputs from all their data sources and provides them with one, true picture. In addition to time savings, the solution provides accurate, visual representations of REG’s position in real-time, thus enabling them to react quickly and alleviate risk in case of an anomaly. The app also provides multiple executive dashboards, with the flexibility to assess position by region, strategy, and profit center. [![Innovative technology and advanced analytics can transform your business.](https://no-cache.hubspot.com/cta/default/455947/e63aedc4-45f3-4f0f-be23-ca080973d0b0.png)](https://cta-redirect.hubspot.com/cta/redirect/455947/e63aedc4-45f3-4f0f-be23-ca080973d0b0) ### Eka products - [Eka TRM](https://www.ekaplus.com/solutions/eka-trm-ags/) - [Eka Connect](https://www.ekaplus.com/solutions/eka-connect) - [Eka Source](https://www.ekaplus.com/solutions/eka-commodity-site-manager/) - [Eka CSM](https://www.ekaplus.com/solutions/eka-commodity-site-manager/) - Sourcing - [Eka Source](https://www.ekaplus.com/solutions/eka-source) - Operations - [Eka CSM](https://www.ekaplus.com/solutions/eka-commodity-site-manager/) - [Eka Control Systems](https://www.ekaplus.com/solutions/eka-control-systems) - [Eka QMS](https://www.ekaplus.com/solutions/eka-quality-management-system) - Markets - [Agriculture](https://www.ekaplus.com/agriculture/) - [Metals and Mining](https://www.ekaplus.com/metals-and-mining/) - [Energy](https://www.ekaplus.com/energy) - Company - [About Eka](https://www.ekaplus.com/company/#about) - [Management](https://www.ekaplus.com/company#management) - [Board of Directors](https://www.ekaplus.com/company/#board) - [Investors](https://www.ekaplus.com/company/#investors) - [Partners](https://www.ekaplus.com/company/#partners) - [Awards](https://www.ekaplus.com/company/#awards) - [Privacy Policy](https://www.ekaplus.com/company/privacy-policy/) - Trading & Risk - [Eka TRM for Ags](https://www.ekaplus.com/solutions/eka-trm-ags/) - [Eka TRM for Metals](https://www.ekaplus.com/solutions/eka-trm-metals/) - [Eka TRM for Energy](https://www.ekaplus.com/solutions/eka-trm-energy/) - Collaboration - [Eka Connect](https://www.ekaplus.com/solutions/eka-connect) - [Farmer Connect](https://www.ekaplus.com/app/farmer-connect/) - [Supplier Connect](https://www.ekaplus.com/app/supplier-connect/) - [Customer Connect](https://www.ekaplus.com/app/customer-connect/) - Resources - [Blog](http://blog.ekaplus.com/blog) - [Resource Center](https://www.ekaplus.com/resource-center/) - [Customers](https://www.ekaplus.com/customer-directory/) - [News](https://www.ekaplus.com/news/) - [Contact](https://www.ekaplus.com/contact/) - Why Eka - [Platform](https://www.ekaplus.com/platform/) - [Services](https://www.ekaplus.com/services/) - [Login](https://www.ekaplus.com/login/) - [Eka AppStore](https://www.ekaplus.com/solutions/eka-app-store) #### Considering Eka Solutions? Get started, contact sales at [info@ekaplus.com](mailto:info@ekaplus.com) #### Connect with us on Twitter [Follow @EkaSoftware](https://twitter.com/EkaSoftware?ref_src=twsrc%5Etfw) #### Follow us on Linkedin #### Subscribe on YouTube