E-commerce and the Global Trade Finance Dream

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E-commerce and the Global Trade Finance Dream

Postby kreslik.news » Sat Aug 20, 2016 4:52 pm

This guest article was written by William Laraque who is the Managing Director of US-International Trade Services

The growth of e-commerce in global trade is inexorably tied to the sale of capital goods.

ERP System

The financial world has been regaled since 1979 with tales of the inevitable ‘digitization’, ‘dematerialization’ of global trade documents pursuant to attaining the holy grail of a fully automated, seamless integration of the corporate ERP system into electronic purchase orders in the supply chain, which when matched with the appropriate invoices, automatically results in engaging a complementary financial supply chain, trade settlement and ... (read more)

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