essDOCS Bank Solutions
essDOCS enables banks to extend their corporate customers’ use of paperless trade for any financed transaction type.
CargoDocs DocEx functions as a multi-bank platform, through which our Bank customers can use our ePresentation and BPO+ solutions. CargoDocs Match (Cmatch) is a Transaction Matching Application, enabling Banks to provide BPO-related solutions to their customers.
CargoDocs DocHub can be combined with artificial intelligence via our Automated Document Processing (ADP) solution, automating the digitalization of presented paper documents using OCR and machine learning.
Our Bank solutions are used by 44 Global Banks, primarily in metals, agri, energy and chemicals trades ex-Americas, APAC and Europe.
Benefits for Banks
- Streamline and automate document preparation processes via a centralized, collaborative platform
- Provide your customers with the entire gamut of your trade finance products using eDocs
- Optimise credit line utilization, improving cost/income ratio per customer
- Eliminate risk of lost or fraudulent documents
- Reduce risk when extending finance through greater control and visibility
- Save time and reduce operational risk associated with handling paper documents
- Reduce DSO for your customers
- Improve compliance, reducing reputational risk
- Automate manual tasks such as running compliance checks
- Future-proof your trade finance business
All Bank Solutions