Introduction

Process Overview

Benefits of System

LC History Tracking

Single repository to view all LC Details

Proactive actions before

LC Expires

LC Reporting

Cloud Financial SolutionsLetter of Credit Management

Most of the Organizations issues Letter of Credit to vendors for Procurement of Specific items The intended system is designed to capture and provide a single source of truth for all LC related information

Major Features of the intended system are :-

1 Tracking of Letter of Credit Issued to suppliers 2 Notification before LC Expires 3 LC Amendments Tracking 4 Single Place to view all PO, Invoices and Payments details for LC

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