iRely

iRely

ERP and CTRM software for commodities

Overview

iRely provides enterprise software to help commodity businesses run their operations. Its main product is an integrated ERP and CTRM (commodity trading and risk management) system used by industries like petroleum distribution, retail, grain, and agribusiness. The software combines finance, procurement, inventory, and workflow functions with specialized modules to manage physical commodities, trading, pricing, risk, and logistics, all in one system. This makes the company different from others by focusing deeply on commodity management and creating a single source of truth across an organization, helping customers simplify complex processes and gain consistent data across departments. iRely’s goal is to support customer success through long-term partnerships, delivering proven ERP and CTRM capabilities to enable digital transformation for more than 500 customers in over 25 countries.

About iRely

Simplify's Rating
Why iRely is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Energy

Enterprise Software

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Fort Wayne, Indiana

Founded

2008

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Simplify's Take

What believers are saying

  • The June 2026 terminal launch opens cross-sell into pipeline operators and fuel distributors.
  • iRely’s 500 customers across 25 countries provide a broad installed base for upselling.
  • Dallas headquarters supports hiring and international expansion after the July 9, 2024 relocation.

What critics are saying

  • Wilcox & Flegel sued iRely on August 8, 2025 over breach of contract.
  • Terminal software faces sticky incumbents like Enverus, OpenTAS, and legacy SAP partners.
  • A major implementation failure in fuel distribution could stall renewals and referrals by 2027.

What makes iRely unique

  • iRely’s i21 ERP fuses CTRM, terminal management, and back-office workflows in one stack.
  • The June 4, 2026 Terminal Management module automates BOLs, taxes, and batch tracking.
  • FleetPanda integration links dispatch and accounting, tightening petroleum operators’ workflow control.

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Benefits

Health Plan

401K Match

Company News

PR Newswire
Jun 4th, 2026
iRely launches terminal management module to automate pipeline and fuel distribution operations

iRely has launched a Terminal Management module within its i21 ERP platform, designed to automate operations for pipeline terminal operators and fuel distributors. The module integrates terminal operations, logistics, pricing, compliance and risk management into a single system. Key features include direct Transport4 integration for pipeline logistics, automated bill of lading import from DTN, automated motor fuel tax collection and reporting, and multi-terminal support. The system eliminates manual data re-entry and provides real-time batch tracking visibility. The module is natively integrated with iRely's commodity trading and risk management platform, enabling terminal transactions to flow directly into financial reports without reconciliation. Dallas-based iRely serves over 500 customers across 25 countries with ERP and CTRM solutions for petroleum distribution, agriculture and commodity industries.

PR Newswire
Jul 9th, 2024
Irely Announces New Headquarters Location In Dallas, Texas

The new office in Dallas is set to be a cornerstone for iRely's continued expansion and innovation. Dallas' reputation as a leading tech center will provide iRely with access to a rich talent pool and state-of-the-art technological resources, fostering an environment where cutting-edge solutions can be developed and deployed.Easier Access for International TravelDallas is a prime location for global business operations due to its well-connected transport networks, including the Dallas/Fort Worth International Airport. This relocation will facilitate smoother international travel, enabling iRely to strengthen its global partnerships and better serve its international and domestic clients.iRely GrowingThe move to Dallas signifies a major milestone in iRely's growth trajectory. Over the past few years, the company has experienced significant expansion, driven by an increasing demand for its comprehensive software solutions. The new location will support iRely's continued growth, providing a larger, more dynamic workspace to accommodate its expanding team.Surrounded by TechnologyDallas is renowned for its thriving technology ecosystem, home to numerous tech companies and startups. By relocating to this vibrant tech community, iRely aims to foster closer connections with other industry leaders and leverage new technological advancements to enhance its product offerings."Our new headquarters in Dallas is not just a change of address; it's a strategic move to strengthen our international presence

PR Newswire
May 13th, 2024
iRely Partners with FleetPanda: Coming together of 2 Best of Breed Software

iRely partners with FleetPanda: coming together of 2 best of breed software.

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