Service

A. General Information

1. Title

EdoxOnline

2. Implementation period of the project/service:
From
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To
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3. Website
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4. Geographical coverage
Global
Hub Point: United States of America
5. Participating agencies/entities of the project/service:
a. Development stage
Lead agencies/entities
Global Share SA
Other participating agencies/entities
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b. Operational stage
Lead agencies/entities (op)
Global Share SA
Other participating agencies/entities (op)
--
6. Main stakeholders/beneficiaries of the service
Traders (big enterprises)
Traders (SMEs)
7. Business process category of the service
Commercial Transactions
Forwarding and cargo handling
Transport

B. Lessons Learned

8. Summary description of the project/service
Brief Summary

EdoxOnline streamlines and automates post-trade execution processes in one platform. Document instructions, vendor appointments, draft generations, original documents issuance and electronic presentations are carried out through the platform.

a. Objective(s)

1. Offer smooth reliable efficient and secure exchange of trade documents. 2. Improve performance and reducing operational costs by increasing functional productivity and reducing penalties for delayed or wrongly produced documents.

b. Business need for the service (background)

Still today, the issuance of documents is a manual and repetitive task for many companies, making it a slow, tedious, error prone and consequently an inefficient activity.

c. Business process covered*

Exchange of trade documentation such as eBL, certificates of origin, certificates of quality, shipping and commercial documents.

d. Overall architecture and functionalities*

Documentary instructions entered into edoxOnline by the hub or destination office are automatically sent to the origin country so that it can work jointly with the different actors such as maritime agencies; surveyors; fumigation companies; custom agent; chambers and customs.

e. Relevant document/figure
9. Documents and data exchanged via the service

Electronic Bill of lading, invoice, certificate of origin, fumigation, phytosanitary certificate, quality certificate.

10. Data models/databases, proprietary solutions, hybrid approaches

Use of blockchain eBL.

11. Main challenges faced during the service
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12. Lessons learned from the service

- Improved productivity - Real-time collaboration - Automated process - Data accuracy - Operational compliance

13. Main benefit(s) of the service
Enhanced regulatory compliance*
Transaction Cost savings*
Transaction Time savings
13A. Elaborations/detailed description on benefits gained
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14. Technical/financial/capacity building/other assistance
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15. Future plan for expansion of the service
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16. Other information or relevant references on the service
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17. Relevant document regarding the service
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C. Relevant Standards

19. Electronic message standard
19A. Electronic message standard supporting the service
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19B. Type of standard for electronic message applied for the service
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20. Technical communication standard
20A. Technical communication standard supporting the service
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20B. Type of technical communication standard applied for the service
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21. Security-related standards*
21A. Security-related standard supporting the service
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21B. Type of security-related standard applied for the service
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22. Other Technical Information
22A. Interface developed for data exchange with an internal system
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22B. Other technical implementation information
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