NB Credits
by CETAS Information Technology
Streamline Trade Finance with Letters of Credit and Bank Guarantees in Dynamics 365 Business Central
NB Credits is an innovative application designed to streamline the management of trade finance instruments like Letters of Credit (LCs) and Bank Guarantees (BGs) within Microsoft Dynamics 365 Business Central. These financial instruments are vital for securing international trade transactions and mitigating associated risks. NB Credits offers businesses a unified platform to efficiently manage, track, and report on LCs and BGs, empowering users to handle trade finance operations with ease and confidence.
Key Features
- Centralized LC & BG Management: Seamlessly manage all Letters of Credit and Bank Guarantees in one unified system.
- Real-Time Tracking: Gain visibility into the status of financial instruments with real-time updates, helping businesses track key milestones in trade transactions.
- Risk Mitigation: Improve risk management by ensuring that payment obligations and contractual commitments are met through automated checks and balances.
- Customizable Workflows: Tailor workflows and approvals to match your business requirements and ensure that processes remain compliant with internal policies.
- Comprehensive Reporting: Generate detailed reports on LCs and BGs, enabling better decision-making and improved operational oversight.
- Enhanced Security: Protect your business with tools that ensure financial instruments are handled securely, reducing the risk of defaults or disputes.
Financial Instruments Overview
- Letters of Credit (LCs): LCs are bank-issued documents guaranteeing that a seller will receive payment once predefined conditions are met in a trade transaction. NB Credits allows businesses to create, manage, and track LCs throughout the entire transaction lifecycle.
- Bank Guarantees (BGs): BGs are financial guarantees from a bank, ensuring the beneficiary will be compensated if the requesting party defaults on contractual obligations. With NB Credits, users can manage and monitor BGs to ensure compliance and security.
Why Choose NB Credits?
By leveraging the robust features of Business Central, NB Credits simplifies trade finance management, ensuring seamless integration, better compliance, and enhanced risk mitigation for international trade transactions. Businesses can now operate with greater efficiency and accuracy, leading to smoother operations and fewer financial risks.
Pricing:
Please contact sales@cetastech.com for pricing.
Contact:
For further information, please visit our website http://www.cetastech.com or write to us @ nbcredits@cetastech.com
Supported editions:
This app supports both the Essential and Premium editions of Dynamics 365 Business Central.
These functionalities are also available for Dynamics NAV.
Supported countries:
This app supports all countries where Business Central is available.
Supported Languages:
This App is available in English (UK) and English (US).