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LCSystem Process Presentation
Guide through the platform for effective Letters of Credit
management
Export Edge International Trade Consultancy
11 Merrion Square North
Dublin 2
Tel. +353 1 676 6894
Fax. +353 1 507 8581
E-Mail: training@export-edge.com
The ideal Letter of Credit (LC) process should be fast,
accurate, and easily transferred and accounted for.
This ideal can be achieved – and even refined over
time – when modern technology is integrated into the
process. LC SYSTEM stands above the competition by
utilizing dynamic e-commerce technology to gather
information, generate documents, and report status –
all in a fast, secure, and easy fashion.
What is the LCSystem
Application?
 An Export Edge’s LC Functional Platform made for International Trade business
companies or customers who have Letters of Credit’s requirements to process for the bank
 documentation and credit for importers and exporters.
 LCSystem application is designed as a platform which offers an excellent support and
practical solution in bank documentation timely management
Benefits of LCSystem Application
 Fast and practical method to get all the bank documentation on time – 60% less
time needed
 Less discrepancies – saving money
 More control to the details
 Order in the preparation of the documents for the bank
 Satisfied end client
How the LCSystem application Works?
-Install the LCSystem App on your computer’s desk (Just click on it)
- Once Installed and opened ,depending on your needs, select one of the 3
buttons at the bottom
To update or
modify an old
document
To input the new
document
Exit Application
 It’s very important to fill in the correct information on the LCSystem App and
make sure that every word or number matches the LC’s letter requirements
 Once you have selected your desired option, proceed with populating indicated fields
with the LC’s information requested
 Once saved, the LCSystem App will convert the new document in a FILE with the
assigned name
 Once you have finished populating the new document/or correcting an existing,
press save and the document will be saved in the chosen place.
 You can work directly on the documentary output, which also serves as a PROCESS
Control . Updates/add itional changes are converted to PDF / sent by email or
available online.
 Once the LCSystem App has been
updated your documents are ready to be
printed.

What do I need to do, in order to install the LCSystem Application?
The LCSystem application can easily be installed on any Microsoft
operated system.
It is necessary to have a deep knowledge to manage the LCSystem
Application?
No, our LC interface is user friendly and very easy to use guiding you through
all the processes
Frequently asked questions
Why I should use the LCSystem Application?
 Automates the creation and delivery of trade documentation
 Improves the accuracy of international trade documentation
 Integrates technical compliance, teamwork, planning , KPI’s,
SLA’s and critical timescales over various LC’s in the pipeline.
 Accelerates payment and reduces days sales outstanding (DSO)
 Cuts direct documentation and payment processing costs
 Saves time and money associated with learning technical
compliance areas outside of your staff’s core responsibilities.
 Minimises hassle of extra work caused by indictment of
discrepancies , which are often outside core business quality
standards.

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Lc system process presentation ar revised

  • 1. LCSystem Process Presentation Guide through the platform for effective Letters of Credit management Export Edge International Trade Consultancy 11 Merrion Square North Dublin 2 Tel. +353 1 676 6894 Fax. +353 1 507 8581 E-Mail: training@export-edge.com
  • 2. The ideal Letter of Credit (LC) process should be fast, accurate, and easily transferred and accounted for. This ideal can be achieved – and even refined over time – when modern technology is integrated into the process. LC SYSTEM stands above the competition by utilizing dynamic e-commerce technology to gather information, generate documents, and report status – all in a fast, secure, and easy fashion.
  • 3. What is the LCSystem Application?  An Export Edge’s LC Functional Platform made for International Trade business companies or customers who have Letters of Credit’s requirements to process for the bank  documentation and credit for importers and exporters.  LCSystem application is designed as a platform which offers an excellent support and practical solution in bank documentation timely management Benefits of LCSystem Application  Fast and practical method to get all the bank documentation on time – 60% less time needed  Less discrepancies – saving money  More control to the details  Order in the preparation of the documents for the bank  Satisfied end client
  • 4. How the LCSystem application Works? -Install the LCSystem App on your computer’s desk (Just click on it) - Once Installed and opened ,depending on your needs, select one of the 3 buttons at the bottom To update or modify an old document To input the new document Exit Application
  • 5.  It’s very important to fill in the correct information on the LCSystem App and make sure that every word or number matches the LC’s letter requirements  Once you have selected your desired option, proceed with populating indicated fields with the LC’s information requested
  • 6.  Once saved, the LCSystem App will convert the new document in a FILE with the assigned name  Once you have finished populating the new document/or correcting an existing, press save and the document will be saved in the chosen place.  You can work directly on the documentary output, which also serves as a PROCESS Control . Updates/add itional changes are converted to PDF / sent by email or available online.  Once the LCSystem App has been updated your documents are ready to be printed.
  • 7.  What do I need to do, in order to install the LCSystem Application? The LCSystem application can easily be installed on any Microsoft operated system. It is necessary to have a deep knowledge to manage the LCSystem Application? No, our LC interface is user friendly and very easy to use guiding you through all the processes Frequently asked questions
  • 8. Why I should use the LCSystem Application?  Automates the creation and delivery of trade documentation  Improves the accuracy of international trade documentation  Integrates technical compliance, teamwork, planning , KPI’s, SLA’s and critical timescales over various LC’s in the pipeline.  Accelerates payment and reduces days sales outstanding (DSO)  Cuts direct documentation and payment processing costs  Saves time and money associated with learning technical compliance areas outside of your staff’s core responsibilities.  Minimises hassle of extra work caused by indictment of discrepancies , which are often outside core business quality standards.