Accelerate Cash Conversion with Digitized Trade Finance
ING helps you eliminate manual letters of credit workflows and settle with suppliers in emerging markets faster. Convert working capital into liquidity more quickly across your global trade operations.
Perspectives from Treasury and Trade Finance Leaders
Treasury heads at multinational corporations share their experience managing global cash operations, trade finance infrastructure, and cross-border payment flows.
"Our treasury team needs real-time visibility into cash positions across 60+ countries. An integrated platform that consolidates balances and forecasts from multiple banking partners has reduced our manual reporting workload and improved our ability to fund operations quickly."
"Moving from paper-based letters of credit to digital trade finance has cut our documentary processing time by more than half. The ability to track shipment documents and payment obligations in one system has made compliance reviews faster and reduced exceptions."
"Direct connectivity between our ERP and banking platforms has automated most of our cross-border payment reconciliation. We've eliminated thousands of hours spent matching invoices to incoming payments, and our regional finance teams now close books two days faster each month."
Implementation and integration FAQs
Common questions on implementation approach, system integration, operating controls, and risk mitigation for treasury operations.
Find ING near youHow does this integrate with our existing ERP and treasury systems?
Our platform connects directly to major ERP systems through APIs and standardised file formats. Integration typically covers payment initiation, account statements, and transaction data. Automated matching rules reconcile payments against invoices and purchase orders in your ERP, reducing manual intervention and improving month-end close timelines. Our implementation team maps data flows to your existing chart of accounts and entity structures.
What does a phased rollout look like to minimise disruption?
We typically start with a pilot in one region or entity to validate integration and workflows before wider deployment. This allows your team to refine approval hierarchies, user permissions, and reporting requirements. Each phase includes testing of dual-signature controls, segregation of duties, and complete audit trails. Migration planning runs in parallel with existing processes until cut-over, minimising operational risk.
Does this support our operations in emerging markets?
We operate in over 40 countries with local clearing and settlement capabilities in major emerging markets. Our teams understand regional payment rails, regulatory reporting requirements, and currency controls. You get consistent approval workflows and control frameworks across all markets, with local expertise to navigate country-specific compliance obligations and banking infrastructure.
How do you handle cross-border payment reconciliation and exceptions?
Our reconciliation engine matches payments across accounts and regions in near real-time, flagging exceptions such as missing remittance data or FX variances. Shared service centres get a single view of outstanding items with workflow tools to resolve breaks before period close. Standard reports show reconciliation status by entity, currency, and ageing, giving treasury teams visibility to manage working capital and audit requirements.
Can we digitise letters of credit and trade finance processing?
Yes. Digital LC platforms allow you to issue, amend, and track letters of credit electronically across your banking partners. This replaces paper-based workflows with structured data exchange, reducing manual document handling and processing time from days to hours. You gain real-time visibility into LC status, automated compliance checks against ISDGATT rules, and faster settlement cycles for suppliers. The system maintains full audit trails, integrates with your ERP for payment release, and flags discrepancies earlier in the process. This reduces operational risk, cuts down on courier costs, and gives treasury better control over working capital tied up in trade finance instruments.
Schedule a Trade and Treasury Review
Our consultative review identifies specific opportunities to improve your treasury and trade finance operations. We'll help you accelerate cash conversion cycles, reduce manual reconciliation work, and strengthen working capital control. Schedule your review this week to start improving operational efficiency.