Trade collection comes in many forms: T/T wire transfer, L/C letter of credit, D/P documents against payment, D/A documents against acceptance, and O/A open account. Each method has different collection milestones, risk levels and process documents. SBK standardizes all collection methods, links them to export orders, auto-generates FX verification forms and raises overdue-receivable alerts, so finance collects every cent cleanly.
Multiple methods + multi-currency + verification forms + overdue alerts
Standardized management of the milestones, required documents and risk levels for all five methods: T/T, L/C, D/P, D/A and O/A
Contract payment terms like "30% deposit + 70% balance" auto-split into two collection plans, with reminders to collect before they fall due
Connect via bank-enterprise direct links or import bank statements, auto-matching receipts by PI / contract number
Auto-generate FX verification forms after collection, integrated with the e-port verification system to eliminate manual entry
Three-tier overdue alerts at 30 / 60 / 90 days, with one-click dunning-email templates
Collection analysis by customer / salesperson / month, with real-time DSO (days sales outstanding) monitoring
Terms "30% T/T advance + 70% before shipment"
Contract payment terms of "30% T/T in advance + 70% before shipment" — the system auto-splits these into a deposit plan (due 7 days after contract signing) and a balance plan (due 3 days before shipment), reminding the salesperson to collect before each due date.
Three-way match by PI / customer / amount
Finance checks bank statements daily, matching each entry to a PI number by hand — tedious and error-prone. SBK connects via bank-enterprise direct links (Bank of China / ICBC / CMB) or imports statement files, auto-matching by PI number / customer name / contract number, and leaving unmatched items for manual handling.
O/A open-account overdue receivables
O/A open-account customers are the most likely to drag out payment — the balance goes 30 / 60 / 90 days past due while the salesperson, busy chasing new orders, forgets to follow up. SBK delivers three-tier alerts, each triggering a different action: an email at 30 days, a call / manager intervention at 60 days, insurance claim or legal action at 90 days.
The customer's 30% T/T deposit arrives, the system auto-triggers a "start procurement" task, and the salesperson notifies production to schedule.
L/C negotiation proceeds arrive five days later from the issuing bank, and the system auto-reconciles the linked PI and CI by L/C number.
A customer's O/A balance is unpaid 30 days past due; the system auto-sends an English dunning email and reminds the salesperson.
USD / EUR / HKD accounts are reconciled separately and uniformly converted to base currency at month-end for the owner's dashboard.
From contract to collection to tax rebate, cash flow runs through the whole trade process
Payment terms auto-split into collection plans
L/C negotiation proceeds auto-reconciled on arrival
FX verification serves as a core voucher for rebate filing
Multi-currency receipts converted to base currency, with automatic FX gain/loss accounting
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