4.9 of 5 By Customers

Revolutionize Trade Finance with AI

Global Trade Finance valued at $25 trillion, Korenext provides an innovative AI platform to digitise trade documents and automate the trade finance operation for banks, exporters and importers.

Designed by Trade Expert, we simplify trade finance using innovation to remove automate laborious manual processes and deliver unrivalled quality and accuracy. Cutting the traditionally laborious 50-year process of verifying Letters of Credit and Collection documents sets from 5 days to 2 hours empowered by Large Language Model, boosting import-export operations, liquidity, working capital optimization.

App Screenshot
KEY VALUES

KoreNEXT delivers

Fast Performance

Fast Performance

Trade documents can be checked automatically by AI in seconds, making it easier to process more transactions and reduce waiting time.

Higher Accuracy

Higher Accuracy

KoreNEXT AI Platform can identify more errors and inaccuracies than a human trade document checker with high reliable.

Save Money

Save Money

By reducing the time it takes to process your end-to-end trade transactions, we help to make even small transactions more profitable and help you increase your return on investment.

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Ready to work, easy to customise

Built by Trade and AI Experts, platform is equipped with strong trade knowledge, experience and state of the art technology in Artificial Intelligence. The trade documents will be processed in simple steps:

1. Load

Multiple file formats: Scanned documents, SWIFT Messages, backend integration

2. Check

AI Engine will check: Automated Global Trade Rules (UCP, ISBP), LC Conditions, Omissions & Discrepancies, Sanctions Screening / DUGs / Vessel Tracking

3. Approve

Maker/ Checker will act on discrepancies and optimise to resolve.

4. Report

KPI transparency. Full audit trail.

Key Features

Intelligent Data Capture

Intelligent Data Capture

Capture key information from trade documents like a experienced checker.

Incredible Fast

Incredible Fast

AI platform can process a set of trade documents in seconds.

Rule engine intelligence

Rule engine intelligence

Reviews all transactions in accordance with UCP600 and ISBP rules as well as many other trade checks.

Safer Operation

Safer Operation

Reliable document understanding and compliance engine with stable performance.

Continuous Learning

Continuous Learning

AI Platform learn new experiences, improve and reserve knowledge safely. No worry for brain drain.

Preloaded with vast trade documents

Preloaded with vast trade documents

AI Platform have been learned a vast array of trade documents as well as thousands of attribute types.

Copyright 2024 By KoreNEXT Technology PTE LTD.