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  Benefits

Major benefits of TradeDoX 360 include:

  • Reduces Errors - Minimizes costly data entry errors and discrepancies that can delay payments. (Single data entry for consistency in documents)

  • Accuracy - Save templates to reuse data on consignees, trading partners, product line items, Schedule B coding, etc. Collaborate Electronically - you can email the documents directly to your freight forwarders, customs brokers or customers so they can start the clearance process a lot faster.

  • Saves Time - Using the TradeDoX 360 document generation engine, the program automatically populates data on the documents you select, speeding up your document preparation process by as much as 90%.
  • Save Money - Avoids expense and alignment problems of preprinted forms, especially stocking many variations of export forms as documents can be printed together with your logo on any paper from any printer or you can print them on your existing letterheads.

  • Status Monitoring - Keeps track of complete and in-complete documents.

  • Management Reporting - Provides a complete database of your export / import transactions by date, country, importer and other criteria.

  • Customizable - The software generates all the necessary documents required in a typical export shipment in a Standard OR Non-Standard layout format.

  • Easy-to-Use - Wizard based interface. Enter and edit complete, detailed information about individual shipments and LCs You can duplicate similar shipments and save them as templates to decrease data entry and store a master list of products and shipping entities to ensure quick and exact entry.

  • Customer facilitation - Banks, shipping agents and freight forwarders can use the program to facilitate their customers and generate their documents for them as there are no limitations on the number of unique LCs and documents that can be generated for same or different clients.

  • Comprehensive Reporting - and database features. Create your own database of importers, exporters, products and logistic providers, and L/C or drawing document clauses. Manage your transactions with a range of reports.

Faster processing - Avoid the usual mail and courier pick-up delays: Send shipping documents to your partners and logistics service providers with a few simple mouse clicks.

As the L/C application is electronically produced and data is shared between both parties to the transaction, the generated shipping documents will 100% match with the L/C requirements with NO errors or discrepancies thereby speeding up the payment and shipment process. Please note that data sent to partners is in encrypted digital form and cannot be opened, read or accessed by any application other than TradeDoX 360 Pro.

Using TradeDoX in your documentary credit process greatly increases your productivity and return on investment. TradeDoX is the only trade solution that extends document control beyond your organization, enabling the secure, accurate and compliant exchange and submission of shipping documents.

 
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 Challenges
Letters of credit are one of the most preferred payment and financing mechanisms for international trade. The security and risk mitigation provided through Letters of Credit make them indispensable in international cross-border transactions. However, statistics prove that 60% to 80% of the documents presented to banks do not comply with the L/C and contain errors thereby delaying payments or refusal by the negotiating bank altogether....
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 Security

Data Security & Confidentiality Issues addressed!

TradeDoX 360 Pro software is installed and resides in your computer system. The company data is also stored, controlled and managed locally in your computer system...
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