Newgen enables centralized processing of trade finance processes. Managing trade finance involves processing and tracking of letters-of-credit (LC) and related instruments at one central location for the entire global operations.
It requires seamless process automation which Newgen offers using its comprehensive suite with strong document management, imaging, scanning, records management and BPM capabilities.Newgen’s solution for trade finance expedites trade transactions and minimizes potential data entry errors by offering rich functionality in an automated environment. The automation results in greater central control over operations and efficient tracking of instruments. The solution brings overall benefits such as shortened customer service times, leaner branches with no dependency on physical documents, anytime anywhere access of digitized documents, faster and informed decision making and automated exception and resolution.
