Taking care of business documents such as letters and credit papers can be very time consuming, tiring, and expensive. With documentary letters of credit software, you will be unloaded from manual labors such as filing, tracking documents, fund planning and manual calculation. This application is specifically designed to lessen the task, improve system and reduce cost.
To fully understand this application, you have to understand what these documents are first. This facility is a type of transaction agreement between the client or buyer (usually the business owner) and the issuing bank. This serves as a document requiring the bank to pay the amount specified on the letter on behalf of the client or buyer (business owner).
This application consists of a client`s business profile, proposal, payment scheme and other substantial accounts to support the client`s financial credibility. The client`s business portfolio is sent to the issuing institution through fax or email. This innovation minimizes the manual tasks such as writing drafts and manual calculations of amounts.
Benefits for all types of businesses. Some people might think that this program is just for large and multinational companies. Well, that is not right because this application is made to suit all types of businesses, from small to large management.
Is the application specially designed for huge and multinational companies? No. The program benefits business of all sizes - from small to medium to large businesses. So whether you are barely starting your own business or managing a huge one, it will work for you, although it will be very helpful if you start your document management and related letters using this application.
Another benefit of the application is that you do not need to be a professional public accountant or programmer to know how the it works. All you've to understand are the fundamental terminologies on credit and you are all set. It is easy to switch between applications as you make use of this program. It's fast, easy to understand and user-friendly. You may also utilize the program domestically even without internet access.
The application includes several plug ins such as issuance, amendments, release of merchandise, bills and statements, outstanding balance and discrepancy documents, document receipts and refusals, pending decreases, fee calculation, bank prints and acknowledgements and so on.
It is also capable of creating and controlling reports such as monthly and annual reports, control report, bank balance, contingency and liability report, customer summary report, statistics, summary of payment summary, conversion, and many more. A trial version for 30 days is available if you want a sample test first before fully downloading and installing the whole package. This is a very important feature as you will be able to assess the efficiency of the product before buying it.
To fully understand this application, you have to understand what these documents are first. This facility is a type of transaction agreement between the client or buyer (usually the business owner) and the issuing bank. This serves as a document requiring the bank to pay the amount specified on the letter on behalf of the client or buyer (business owner).
This application consists of a client`s business profile, proposal, payment scheme and other substantial accounts to support the client`s financial credibility. The client`s business portfolio is sent to the issuing institution through fax or email. This innovation minimizes the manual tasks such as writing drafts and manual calculations of amounts.
Benefits for all types of businesses. Some people might think that this program is just for large and multinational companies. Well, that is not right because this application is made to suit all types of businesses, from small to large management.
Is the application specially designed for huge and multinational companies? No. The program benefits business of all sizes - from small to medium to large businesses. So whether you are barely starting your own business or managing a huge one, it will work for you, although it will be very helpful if you start your document management and related letters using this application.
Another benefit of the application is that you do not need to be a professional public accountant or programmer to know how the it works. All you've to understand are the fundamental terminologies on credit and you are all set. It is easy to switch between applications as you make use of this program. It's fast, easy to understand and user-friendly. You may also utilize the program domestically even without internet access.
The application includes several plug ins such as issuance, amendments, release of merchandise, bills and statements, outstanding balance and discrepancy documents, document receipts and refusals, pending decreases, fee calculation, bank prints and acknowledgements and so on.
It is also capable of creating and controlling reports such as monthly and annual reports, control report, bank balance, contingency and liability report, customer summary report, statistics, summary of payment summary, conversion, and many more. A trial version for 30 days is available if you want a sample test first before fully downloading and installing the whole package. This is a very important feature as you will be able to assess the efficiency of the product before buying it.
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