Globalisation has lead to a quantum jump in International trade. Today every business big or small aspires to have presence globally, seeking new markets. However a global setup brings with it lot of challenges in the form of regulations, documentation, exposure to foreign exchange fluctuation etc. We have personally experienced these challenges in the organisations, we were associated with.
This experience firmed our belief of developing a customised digital solution to automate the mundane, time-consuming yet critical processes of trade finance. In absence of any customised digital solution every corporate is entirely dependent on the manual processing of all aspects including maintaining copies of important documents leading to inaccuracies, delayed transactions, storage and retrieval issues and resultant losses.
We sensed this opportunity to transform our belief into reality by developing customised digital solutions which could pave the way for improved efficiency. With this objective, we were inspired to work on development of the digital solution. Our hands-on experience in the financial domain helped us to visualise and design solutions to address the pain points which the businesses face.