Importance of Bill of Lading in Export Process



What is Export?

The definition of export is something that is shipped or brought to another country to be sold or traded. Export is one of the important sources of earning foreign exchange. Also Export plays a vital role in the economic growth of any country. The major effect of Export on the business is that it will increase the sales and give profit to Exporter which in result give better growth prospects to the Export business.

What is the Bill of Lading?

A bill of lading (BL or BoL) is a legal document issued by a freight carrier (transportation company) to a shipper that states the type, quantity, and destination of the goods to be transported. It is a document that provides evidence of the shipment. This is extremely important in International Trade as it provides a 'title' as to who legally owns the cargo.  A bill of lading also serves as proof of shipment when the carrier delivers the goods to a predetermined destination. Bill of Lading has a crucial role in export documentation.

When it comes to export compliance, creating export documents, or, really, anything in the exporting realm, it’s definitely possible to do the work manually. If you have some way to automate your processes by using a system you trust that has proven itself to be effective, it can make your work more accurate, precise, and consistent—no matter who is carrying out the tasks.

Our Software named Sky ERP Export Plus is the best example to manage all the Export documents used in the export process. Sky ERP Export Plus is the perfectly suited software for creating pre-shipment and post-shipment documents. This software has an easy-to-understand user-defined dashboard. By using Sky ERP Export plus software, you can also Export data to tally accounting software and MS Excel also the user will be notified of LC expiry and last date of shipping. This software also has the features of creating E-way bills, local IGST bills, and other documents required in the Export process. 

To know more about SKY ERP EXPORT PLUS and book a free Demo please get in touch at sales@everexinfotech.com or call +91 81 0434 5257 Visit us at https://everexinfotech.com

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