TradeCard Gets Shirty in Hong Kong
Hong Kong-based dress shirts producer, TAL Apparel (TAP Group), is to install TradeCard’s web-based global trade transaction platform to manage its global trade business. Transactions run through the TradeCard system include raw material purchases from suppliers and finished garment sales to customers. The solution will allow TAL Apparel’s trading partners online access to multiple financial institutions, providing credit protection and export finance. To improve business processes, TAL Apparel and TradeCard have jointly worked to integrate TradeCard with TAL Apparel’s current ERP system. This integration provides centralized access across multiple factories and countries to allow automation of the transaction process from purchase order management to payment, according to TradeCard.