Cybersecurity

Cybersecurity focuses on
protecting computers, networks,
programs, and data from
unintended or unauthorized
access, change, or destruction. If
you think only high profile transforming trade with synergy
corporates are at risk, think
again.A Ponemon Institute study
reports that 55 percent of SMEs
experienced some form of
cyberattack. It's time to take
cybersecurity seriously.

CyberAegis
Our team of cybersecurity
specialists are capable of securing
your business for you. Some of our LUCIDITY SYSTEMS (M) SDN BHD
product offerings include: (1222087-V)

- Penetration test B-2-G Jalan Atmosphere 3

43300 Seri Kembangan
- Digital forensics Selangor, Malaysia
- Security audit
- PCI DSS certification, and Tel +60164820057
Email: ask@lucidity.asia Product Brief
more..
Letters of Credit
If you're exporting overseas, then you would
have come across letters of credit (LC). A LC
is a letter issued by a bank to another bank
(especially one in a different country) to
serve as a guarantee for payments made to
a specified person under specified
conditions. A LC has many pros and cons,
as well:
Pros:
- Mitigate risks of non-payment from buyer
- Transfer credit risk from buyer to a bank
- Access to supply chain financing
Cons
- Expensive - fees can escalate quickly with
amendments and discrepancies
- Days of sales outstanding increase in the
event of document discrepancies
- Manual processes and paper intensive
Lucidity TDMS
Lucidity TDMS is a web-based document
preparation solution designed specifically for
global trade. The solution enables a user to
create documentation for LC transactions
with active reference to LCs, reducing
human errors. Its features include:
- Automation of documentation preparation
- LC amendment management
- Sales reporting capabilities
- Data export to customers' SAP based
system
- eCertificates of Insurance ? enabling users
to create original electronic Insurance
Certificates
- Upload data to generate 3rd party shipping
documentation
- Product management, and many more.
Benefits for You
With Lucidity TDMS, your business will see
the benefits as follows:
- Reduce documentation discrepancy,
saving courier costs and document
reissuance costs
- Secure data handling with 2FA signon and
cloud-based security
- Reduce need for experienced staff to
handle shipping documents, saving up to
50% in manpower costs
- Reduce days of sales outstanding
- Get paid or financed faster
- Enjoy better LC negotiation rates with
trade banks
We're committed to help your smooth
adoption. Our consultants will be ready to
help - 24/7. Talk to us and sign up now!