How it works
Control your fertilizer trades from start to finish.
- 1
Supply & Demand Discovery
Find new buyers and sellers in a trustworthy market. Buyers can request pricing through anonymous reverse auctions and sellers can post bulk offers. Either way, buyers see quotes that include freight to their exact bin yard location.
- 2
E-Contracting
Contract the deals you find on ClearCost. Buyers and sellers execute a standard contract directly with each other with ClearCost serving as payment facilitator. E-sign in-app.
- 3
Payments
Secure your payments through a regulated trust account. Upon contracting, buyers prepay a deposit of 25% of the total contract value. Sellers set the due date for the remaining 75% balance. On domestic sourced orders, sellers receive payment upon delivery; on international sourced orders, sellers receive payment after cargo inspection and upon bill of lading at the Port of Origin.
- 4
Freight Tracking
Track the trucks delivering your orders. ClearCost tracks cargo on three forms of transport: ships, trains, and trucks. Ship and rail milestones are updated in real-time, and all trucks are GPS-tracked so last-mile delivery is visible on the ClearCost app in real-time. All trade documents are viewable as they become available.
- 5
Dispute Settlement
Solve for anything that can go sideways. Buyers can dispute quantity, quality, and timing issues. ClearCost nets waybills against contracts before finalizing outward payments. Quality disputes can be resolved directly between counterparties or with third-party inspection. Timing issues carry contractual penalties.