Lowering the cost of physical trade settlement for the commodity shipping and inspection industry
Planning ahead and being on top of the cargo movement can make or break the profitability of any deal. Traders and Schedulers need to know that the cargo movement has gone to plan. Any change in delivery time, quality or quantity of the commodity affects bottom line profitability and can result in lengthy and costly loss claims.
Schedulers depend on a network of people to get results. The trade will not close until the inspection results are in, so speed and accuracy of communication is critical to everyone in their network.
TICit Cargo is the workflow productivity software designed for Schedulers and Loss Control to manage the movement and inspection of globally traded commodities including, crude and refined oil, petro-chemicals, mining and agricultural products.
The TICit Cargo Platform is a structured data and workflow solution designed to improve efficiency and transparency across the cargo management and inspection lifecycle.
TICit Cargo gives your Traders, Schedulers and Loss Controllers the cargo movement information they need anytime, anywhere.
TICit for Schedulers
TICit is an all-in-one cargo management system enabling Schedulers to communicate, in real time all aspects of the cargo movement to all parties involved.
TICit improves the time to initiate and manage cargo inspections using any MOT, in any location and for any commodity.
TICit reduces duplication of time and effort per transaction and avoids the need for
re-keying of information into structured data sets for use by Loss Control and Accounts departments.
TICit for Loss Control
TICit automates a series of industry standard loss calculations, reducing manual effort and allowing Loss Control specialists to focus on resolving inspection issues and investigating claims.
TICit provides automatic notifications for voyage level losses as soon as discharge results are submitted. Loss Investigations are automatically generated on TICit’s Loss/Gain Control page, which aggregates all loss investigations for easy review. Users can view all documents and communications associated with the voyage and store notes or relevant communications for the purposes of their investigation.
TICit for Finance
TICit provides manual invoicing and batch invoicing options which can also be integrated with back office financial software. For reconciliation purposes all workflow, invoice discrepancies and associated comments associated with the inspection are available for review.
TICit Hub has transformed the way many of the world's largest integrated oil companies and third-party inspection providers interact by providing a platform that standardizes and automates the entire cargo inspection lifecycle and integrates with SAP, Spiral Software, RightAngle and Openlink.
Contact us for a free demo of TICit Cargo to see how you can start saving your company time and money.