Trade finance includes the management of guarantees and letters of credit. Whether on the issuer or beneficiary side, the established processes are often decentralised, paper-based, inefficient and non-transparent. This leads to unnecessary costs, delayed processes and a lack of overview with regard to important key figures and bank fees.

From paper-based workflows to efficient, system-supported processes

As experts in guarantee and letter of credit management, we offer you tailor-made solutions that centralise, digitalise and optimise your work processes.

Ready to talk? Contact us

Subscribe to "KPMG Corporate Treasury News"

assessment

Find out when the costs for a system implementation start to amortise. Use our calculation tool for your individual calculation.

Start quick check now

Our range of services

Increase efficiency, achieve transparency, abolish paper

From analysis and selection to implementation

Analysis

We analyse your current trade finance processes using our KPMG approach in joint workshops. Together with you, we develop a customised operating model that is tailored to your company-specific requirements. In doing so, we take into account both the issuer and the beneficiary side and optimise your processes in terms of efficiency, transparency and compliance.
Selection

Choosing the right trade finance system is crucial. Using our tried-and-tested selection process, we work with you to identify your future trade finance system. This begins with the creation of a catalogue of requirements tailored to your needs, through the creation of individual use cases to the evaluation of system provider information. Throughout the entire process, we consider both functional and technical aspects to ensure a sustainable solution that fits perfectly into your existing infrastructure.
Implementation
We support you during the system implementation, from the first draft of the scoping to the successful go-live. We bring in our customised project and change management approach to ensure a smooth implementation and train your employees on the new processes.

Our support includes:
- Taking over the project and stakeholder management
- Implementation of the guarantee workflow in the system
- Creation of bank facilities
- Mapping of the fee calculation
- Definition of user administration and user rights
- Preparation and implementation of data migration
- Definition and implementation of reporting requirements
- Integration into the IT landscape and setting up interfaces
- Carrying out system tests and error management
- User training and instruction