Take the First Step
Seize the moment
Improve cash control
Establish an audit trail
Reduce cost and risk
Improve efficiency
Increase profitability
ICC United Kingdom, International Centre for Digital Trade and Innovation (iC4DTI)
Who is this guide for?
This guide is for buyers and sellers of all sizes and sectors who want to take the first step to realising the full range of benefits from the change in law but specifically aimed at:
- Finance directors
- Corporate treasurers
- Global supply chain managers
- Procurement managers
- Compliance managers
- Mid-size businesses with a turnover between £25m to £500m
- Companies seeking to improve liquidity and using or interested in using trade finance as a low risk, internationally recognised tool to finance trade operations
Getting started
We recommend getting started with using electronic bills of lading for shipping and electronic bills of exchange or promissory notes for finance is a good place to begin.
Where to start
To begin with, we recommend keeping it simple and to start familiarising yourself with existing solution providers with proven track records in handling electronic bills of lading, bills of exchange and promissory notes. These can be found in the Solution providers directory below.
Solution providers directory
Solution providers listed in the directory work with ICC United Kingdom, the International Centre for Digital Trade and Innovation and are approved to work with international banks, marine insurance firms and shipping companies.
ic4dti.org
Tips
