The trade portal provides an integrated workspace allowing companies to rapidly and seamlessly process all trade-related tasks, ranging from marketing to checking conditions, foreign exchange, customs clearance, logistics and payment.
- The portal contributes to the promotion of trade by streamlining the trade-related procedures through an integrated e-Trade workspace for trading businesses and thereby enhancing the overall process efficiency.
- - The trade portal provides a user-oriented workspace rather than focusing on paper documents or remaining on disconnected services.
- - The work process menu of the portal enables the user to track down developments of each case and to check results of requested tasks and relevant documents in real time.
- The e-Trade portal lays the groundwork for paperless trading by providing e-B/L and e-Negotiation services.
- - The portal made it possible to submit and receive documents such as shipping request, bill of lading (“B/L”), certificate of origin (“C/O”), cargo insurance, and bill of exchange without having to visit relevant authorities or government institutions. Users need not visit banks or export/import related organizations to handle complicated trade-related services. Now, tasks that were complicated can be dealt with, anytime and anywhere.
- Preventing duplicate e-document submission and simplifying distribution saves users costs and man-power.
- - The e-Trade process will be improved by revamping the e-document distribution systems.
- - Identifying the authenticity of e-documents and securing access of these documents to third parties will prevent overlapping submission of the same document and multiple submissions of original paper documents.