Maalexi.com helps ship mangoes from a farm in India to supermarkets in Malaysia

The Problem

Our client, a Malaysian SME Importer, was facing difficulty in keeping track of their trade documentation, receiving transaction status information to ensure timely order bookings, and later using this data to apply to Financial Institutions to finance their cross-border trades. The client also wanted to assure the quality and quantity of the goods being shipped, in order for them to take orders or obtain advance payments from their local buyers, i.e., supermarkets. Furthermore, the client sought access to the credit information of their partners to negotiate well-balanced payment terms, and present this in their application for credit approval at banks.

The Maalexi Solution

• Use of the Maalexi platform helped our Client in creating and organizing documentation including Contracts, all Shipment Documents, and Payment proofs for easy and fast access at any time and any place.
• Maalexi provides a single access point for the Client to check digital copies of all documents received from sellers, before the originals are couriered/sent through the bank, avoiding discrepancies and saving money on fines and delays.
• Our platform facilitates an Internationally compliant quality and quantity inspections at the source and/or at the point of delivery, and thereby reduces the chances of disputes between the client and his sellers.
• The Client was able to avail business verification services to evaluate the financial health and legal status of his sellers in a matter of hours, allowing them to better negotiate payment terms.
• Maalexi helps to provide access trade finance from Maalexi’s partner financial institutions by providing our client’s business verification and transactional information for fast credit approval and extension of facilities.

Client Testimonial

“Maalexi has been really helpful for our business. Initially, we were having difficulties with cross-border trade and documentation. But they organized it for us and conducted pre-shipment quality assurance checks. With their assistance and support, we are confident in getting new sellers and buyers and securing financing for future trades. We appreciate their support and cooperation.”