Today, most mid to large-sized companies are well-equipped with TMS and ERP systems to manage their business operations. However, for trade finance activities, Excel and email remain the most used tools by Treasury, Credit, and Trade Finance teams.
This lack of specialized trade finance capabilities leads to significant inefficiencies and increased operational risk for these organisations.
Komgo’s digital trade finance solutions are used by more than 200 multinational clients to streamline their internal workflows and connect them to their financial institutions. The powerful interface gives corporate treasurers access to valuable information on outstanding guarantees, facility utilization, and fees. Further automation of processes can be achieved through integrations that complement existing systems.