Systems and methods to support approval to settle an international trade from a credit facility, such as a line of credit or a demand deposit account

A computer-aided method of collaborating on the terms and conditions of shipment and sale, the creation of documents and the tracking of an international shipment of goods and authorizing payment from a credit facility or demand deposit account, the collaboration including an exporter, an importer and an importer's bank, the method including:

• setting authorizations for international shipment participants to view and edit aspects of data that
• records conditions and instructions for payment from the importer to the exporter,
• tracks progress of the international shipment participants toward meeting the conditions for payment, and
• allows the importer to electronically approve payment of the exporter by the importer's bank from the credit facility or demand deposit account;
• receiving and recording agreed conditions and instructions for payment;
• mapping fields of documents needed to evidence fulfillment to the data recording the conditions and instructions for payment and establishing synchronization rules for propagation of data among and editing of the mapped fields;
• applying the synchronization rules to propagate the data to the documents needed to evidence fulfillment using the mapping, wherein the synchronization rules restrict users' ability to override the propagated data fields once a document preparation state for the agreed conditions and instructions reaches a predetermined level;
• generating or uploading documentation corresponding to fulfillment of the conditions for payment, without need for bank evaluation of the documentation;
• receiving notification that the importer's bank has been approved to pay the exporter, following evaluation by the importer or the importer's agent that the conditions for payment have been fulfilled, modified or waived, the approval to pay corresponding to the instructions for payment;
• and
• receiving a status update confirming transmittal of payment.

A computer-aided method of collaborating on the terms and conditions of shipment and sale, the creation of documents and the tracking of an international shipment of goods and approving payment from a credit facility or demand deposit account, the collaboration including an exporter, and importer and an importer's bank, the method including:

• setting authorizations for international shipment participants to view and edit aspects of data that
• records conditions and instructions for payment from the importer to the exporter,
• tracks progress of the international shipment participants toward meeting the conditions for payment, and
• allows the importer to electronically initiate payment of the exporter by the importer's bank from the credit facility or demand deposit account;
• receiving and storing agreed conditions and instructions for payment;
• mapping fields of documents needed to evidence fulfillment to the data recording the conditions and instructions for payment and establishing synchronization rules for propagation of data among and editing of the mapped fields;
• applying the synchronization rules to propagate the data to the documents needed to evidence fulfillment using the mapping, wherein the synchronization rules restrict users' ability to override the propagated data fields once a document preparation state for the agreed conditions and instructions reaches a predetermined level;
• storing and transmitting documentation corresponding to fulfillment of the agreed conditions for payment, without need for bank evaluation of the documentation;
• processing an electronically initiated approval to pay, following evaluation by the importer or the importer's agent that the conditions for payment have been fulfilled, modified or waived, the approval to pay corresponding to the stored agreed conditions and instructions for payment;
• and
• processing and exposing for view a status update confirming payment to the exporter.

A computer-aided system that facilitates collaborative tracking of an international shipment of goods and approval of payment from credit facility, the collaborators including an exporter, and importer and importer's bank, the system including a computer system, including storage, resources and logic accessible by international shipment participants, the logic adapted to:

• set authorizations for the international shipment participants to view and had aspects of data that
• record conditions and instructions for payment from the importer to the exporter,
• track progress of the international shipment participants toward meeting the conditions for payment, and
• allow the importer to electronically approve payment of the exporter by the importer's bank from the credit facility;
• receive and store agreed conditions and instructions for payment;
• map fields of documents needed to evidence fulfillment to the data recording the conditions and instructions for payment and establishing synchronization rules for propagation of data among and editing of the mapped fields;
• apply the synchronization rules to propagate the data to the documents needed to evidence fulfillment using the mapping, wherein the synchronization rules restrict users' ability to override the propagated data fields once a document preparation state for the agreed conditions and instructions reaches a predetermined level;
• store and transmit documentation corresponding to fulfillment of the agreed conditions for payment, without need for bank evaluation of the documentation;
• process an electronically initiated approval to pay, following evaluation by the importer or the importer's agent that the conditions for payment have been fulfilled, modified or waived, the approval to pay corresponding to the stored agreed conditions and instructions for payment;
• and
• process and expose to view a status update confirming payment of the exporter.