PHLO SYSTEMS
GOLD SPONSOR
Founded in 2017, Phlo Systems delivers digital solutions for end-to-end physical goods supply chain operations. The company is committed to streamlining international trade, finance and customs management, making it easier, faster, cheaper, more secure and transparent.
The company’s products – FinPhlo, OpsPhlo and TradePhlo – leverage Cloud, AI, IoT, ML and distributed ledger technologies to help the international trading sector leapfrog from its current low tech, inefficient state, to a new, improved era of digital exchange.
Within Phlo Systems, there are a team of experts who work across international trade, finance, customs management, SCM and technology, with a collective 300+ years of experience in the industry.
Phlo Systems products include:
TradePhlo: This is a unique cloud-based international trade and customs management platform. It features a range of solutions to give businesses complete control over their trade, customs and compliance management procedures. TradePhlo is provisioned to serve Importers, Exporters and the Customs Intermediaries Sector to efficiently manage their customs requirements, making it easier, faster and cheaper – reducing the cost of customs declarations to less than £5/declaration.
FinPhlo: A digital finance management platform which enables SMEs as well as large scale businesses to receive and manage finance from local and regional lenders including non-banks. Finphlo can also be used by lenders to manage their facilities and exposure in real time. FinPhlo being well integrated with the trade management system, provides visibility and transparency to the lender to monitor their trade finance facilities with ability to monitor the FOREX risk position if any.
OpsPhlo: A digital trade, supply chain and risk management platform which helps commodity trader of any size manage its commodity and business operations using just one system. As the accounting functionality is well integrated, the risk positions/ exposures/ P&L and balance sheet gets updated in real time. The system is well integrated with solutions like Docusign & shipment tracking, helping traders reduce the paper waste and move one more step towards sustainability. This platform manages the entire supply chain, using a single system that meets all the requirements of a commodity trader. OpsPhlo provides a fully transparent timeline view of all the aspects related to trade, including traceability, contracts, hedging, logistics, financing, settlement, M2M and cashflows.