Why LC tracker software matters once trade volume scales
LC-backed deals introduce timing and document risk that spreadsheets rarely manage well. Dedicated LC tracking prevents expensive blind spots.
Visibility across LC lifecycle events
Teams should capture issuance details, amendments, discrepancy history, charge lines, and critical dates in one record.
Fragmented LC tracking increases operational and financial risk.
Deal linkage improves financial accuracy
When LC charges and events tie back to deals, landed-cost and margin reporting stay aligned with operations.
Operational alerts reduce missed deadlines
Expiry and discrepancy reminders help teams act before penalties or shipment delays occur.
Frequently asked questions
Can LC tracker software work with non-LC deals too?
Yes. It should coexist with TT/open-account workflows while activating deeper controls only for LC-backed trades.
What is the first LC workflow to digitize?
Start with issuance details, discrepancy logs, and charge capture linked directly to each deal.
Want this workflow running in your desk?
Start free and move to Pro or Business when your volume and team size grow.