Document Exchange workflow system for Trade Finance
- Document Exchange Connect supports unstructured and bespoke transaction requests, which are common for trade offers
- The transactions can be initiated and supporting details can attached in a secure manner on the web platform and the same can be authorized and submitted to the bank for processing.
- It provides clear visibility of transaction status and complete audit trail for tracking
Document Exchange Connect
You can now say goodbye to tedious documentation and manual tracking, and manage your trade finance transactions seamlessly on the go. We recognise that trade finance involves innumerable follow ups with various stakeholders. Hence – ‘Document Exchange Connect (DEC)’ – a web based platform with over 25+ Trade finance products. Innovative, Flexible & Simple! For more information, please get in touch with your Transaction Banking Sales manager. Click below to watch the video
Document Exchange Connect is an innovative holistic trade platform that is designed as an authenticated communication channel to help you to conveniently manage, digitise and track your trade and supply chain transactions – On the Go. Click below if you would like to access the product infographic
Open Account Exports – Paperless process
- Review and download all shipping bills. Easy to track shipping bill status. The information can be used for lodgment/settlements
- Settlement and closure of shipping bills by providing requisite details electronically and issuance of eBRC. Entries in EDPMS are updated and eBRC issued
- Lodgment/Settlement for all clean transactions are executed on D+1
Open Account Imports – Paperless process
- Payment data matched with IDPMS to facilitate online payment through electronic banking channel.
- Customized solution to automate the generation of payment file basis output from your ERP & IDPMS
- Delivers improved efficiency with faster processing
Payment Warehousing Solution
- Import document management and payment platform to warehouse the supporting documents.
- Courier pick up and tracking the submission on line. Capability to process transactions basis document images transferred via H2H connectivity
- Pre scrutiny of all documents and resolution through online workflow well in advance for smooth payment execution on due date.
- Due date management and timely reminders on payments
- Periodic MIS and Reports