Triterras, essDOCS Partner To Digitize Bulk Cargo Trading

Fintech company Triterras Inc TRIT collaborated with paperless global trade management company essDOCS to accelerate the use of digital trade documents for Triterras' international community of commodity traders.
essDOCS helps make bulk cargo trading paperless and more efficient, helping traders entirely or partially digitize trade operations and finance processes.
Triterras will integrate essDOCS' CargoDocs electronic document abilities onto Kratos, enabling Triterras' customers to create, review and approve a paper or electronic bills of lading (eB/L) with their supply chain.
essDOCS' technology accelerates documentation processes to help the trading industry drive efficiencies, reduce fraud risk, and eliminate errors, essDOCS co-CEO Alexander Goulandris stated.
He estimates the arrangement to deliver transformative benefits to the Kratos marketplace and its customers.
Price action: TRIT shares traded higher by 15.1% at $6.01 in the premarket session on the last check Thursday.