Over the past 12 years, exporters and global trade banks have increasingly recognized that this combination significantly shortens payment cycles while eliminating errors and reducing risk and cost.
Austin, Texas (PRWEB) November 19, 2015
Trade Technologies, the global leader for international trade document solutions, announced today that, since its founding, the Company has completed over $70 billion of international trade transactions on behalf of its customers worldwide. In total, Trade Technologies has completed 225,000 transactions – over 40% of these transactions were presented to the bank or buyer online.
“We are excited about reaching this new milestone. Trade Technologies’ provides a unique combination of trade outsourcing professionals to manage complex trade transactions along with patented technology for creating, managing and delivering original trade documents to banks and buyers,” said Kirk Lundburg, CEO of Trade Technologies. “Over the past 12 years, exporters and global trade banks have increasingly recognized that this combination significantly shortens payment cycles while eliminating errors and reducing risk and cost.”
Trade Technologies’ mission is to dramatically improve exporters’ profitability and efficiency by enabling a transition over time to a completely paperless and collaborative international receivables collections process. The company’s patented technology and business process lead the way in enabling multinational exporters to create accurate trade documents and to deliver original documents over the internet to major international trade banks and buyers. This far more efficient process allows clients to streamline their operations, eliminate discrepancies, save money and accelerate payments.