Date: 13/01/2025
TK Elevator, a global leader in urban mobility solutions, has officially gone live with Komgo’s advanced trade finance solution.
Known for engineering and manufacturing innovative products for new buildings, modernizing existing equipment, and providing multi-brand maintenance and repair services, TK Elevator operates in over 100 countries. Their cutting-edge digital solutions enhance accessibility and transform passenger experiences, while contributing to reducing the carbon footprint of buildings and cities. With this step, TK Elevator further solidifies its commitment to innovation by modernizing its trade finance management.
After a seamless transition from their previous provider, TK Elevator is now fully connected to Komgo’s system, with over 100 users accessing the platform daily offering full visibility across regions. This emphasizes Komgo’s ability to support large-scale operations, making trade finance simpler and more efficient.
Leveraging several communication channels, including Komgo’s Konsole APIs, TK Elevator can now seamlessly connect with all its financing partners, automating data exchange and simplifying workflows.
Key Benefits:
• Embedded Automation: Komgo’s Boost Approval process allows TK Elevator teams to send guarantee applications to their financing partners automatically.
• Enhanced Collaboration: All bank credit lines are available in one place, providing a level of visibility that was previously complicated to build.
• Efficiency and Accuracy: The fee calculation module ensures precise financial management of bank charges, reducing operational errors.
• Customizable Reporting: Komgo’s reporting module allows for the creation of tailored reports, offering flexible, in-depth analysis to meet specific business needs.
“Our transition to Komgo was incredibly smooth, and we’re already seeing the benefits of enhanced connectivity and efficiency. With the ability to manage over 100 users globally and leverage tools like Konsole APIs, the fee calculation module, and the reporting module, we are confident we’ve chosen the right partner for the future of our trade finance operations.”
Mario Casado, Senior Manager Guarantees, TK Elevator
"TK Elevator has a clear vision for the future of Trade Finance, supported by a deep understanding of its current business processes and industry trends. TKE selected our Guarantee Issuance System to achieve its strategic digitalization goals. Komgo’s experienced team and proven methodology ensured a well-planned, cost-effective, and seamless implementation process, including the migration of relevant historical data."
Olga Schwarzkopf, Senior Sales Executive & Head of Canada, Komgo
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