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Introduction to essDOCS
essDOCS' mission is to enable paperless trade. Our CargoDocs platform digitizes and automates paper-heavy trade operations, finance and logistics processes through three key solutions: DocHub, DocEx & essCert. Over 47,000 companies, ranging from 31% of the Fortune Global 100 to innovative SMEs, use essDOCS solutions across 203 countries.
Features
Transfer of Original Title Documents
Enables transfer of original title / negotiable documents – currently including any form of bill of lading (i.e., to order, bearer, straight) and warehouse warrant; in the process of extending to bills of exchange and promissory notes.
Features
Capabilities
Capability to send eDocs, endorse, present to bank, surrender to carrier, void, propose amendments / recuts (such as splitting or switching eB/Ls) and converting back to paper originals, as required.
Features
Trade Finance Flows
Can be used in a variety of trade finance flows including electronic presentation under eUCP Documentary Credit, Documentary Collection, i.e. Cash Against Documents or even data presentation under a Bank Payment Obligation.
Benefits