Manikandan Narayanan
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Articles
Recent activity by Manikandan Narayanan-
How to Settle the Document under Export LC in RIVO
Document Settlement in Export L/C: The process begins when an Exporter/Beneficiary submits the required documents to their Bank after shipping goods, as per the terms of a letter of credit. The ben...
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Release Notes - Ver 2.10- May 30, 2024
This release contains among others: Guarantee reference - Allow to re-use a deleted deal reference number. Improvements for the rule engine such as the email sent only to the next signer. Outgoing...
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Invoice Payment Confirmation - Seller
In RIVO, once the buyer completes the payment process of the invoice transaction, the role of the seller is now to check if the payments are correctly received for the relevant invoices. This can b...
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Invoice Payment - Buyer
The 'Invoice' plays an crucial role in the settlement of business transactions handled between the buyers and sellers. This detailed document is created by a seller that contains all information's ...
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Reports on Fees
The Fees plays a important role for every deals (Reports → Applicant → Fees)The Fees Report provides corporate users with a clear view of all Forecasted Fees, Actual and Comparison view related to ...
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Creation of Customized fields in RIVO
What are Custom fields? These are additional information fields created by the user to gather information specific to the business needs. The Key/value pair usually stores the user's information. H...
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How to Amend an Issued Import LC?
'LC Amendment' signifies any change made to the terms and conditions of an LC after it has been issued. An amendment can be made at anytime after an LC has been issued and before its expiry date. T...
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Export LC & its benefits. How to register new Export LC in RIVO?
Overview: 'Export Letters of Credit' are the most common trade finance method used to finance exports. An Export Letter of Credit, which is also referred to as documentary credit, is a contractual ...
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Import LC and its usage. How to initiate a new Import LC transaction in RIVO?
Overview: A letter of credit is a payment method in international trade. Import Letters of Credit are the most common method of import financing. An Import Letter of Credit, which is also referred ...
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Auto Extension Details in Guarantees/Standby LC
Guarantees/Standby LC normally issued for a limited period but still it can be extended for longer terms. At the time of creating a Guarantee/Standby LC, this extension can be handled by the corpor...