Trade Finance Forum › Forums › Trade Finance › Basics › How is the shipping process made better by the electronic Bill of Lading? › Reply To: How is the shipping process made better by the electronic Bill of Lading?
An electronic paperless bill of lading is a bill of lading that is sent to the customer electronically instead of being printed on paper and given as a hard copy. Many people think that the electronic bill of lading will make a big difference in the shipping industry because it will make transactions faster and more efficient. It will also cut costs and make shipping safer and less risky. BUT, there is a question of safety, security, and acceptability when it comes to sending and receiving electronic bills of lading.
You should check to see if you and your country are ready for electronic bills of lading that don’t need paper.