Hello!
We’re excited to share some big news about how we’re making trade easier and more efficient for everyone. Jointine is going digital!
This shift is thanks to the UK’s Electronic Trade Documents Act 2023, making us the first G7 country to adopt this forward-thinking legislation. Why does this matter? Because over 80% of global trade operates under English Law, and the International Chamber of Commerce projects £225 billion in UK savings and a 35% efficiency boost for SMEs through digital trade. We want to be part of this so we can keep our costs, and ultimately your prices, down.
We’ve been busy testing a platform designed and hosted by Boex for the past eight months, and we’re thrilled with the results. Just this week, we completed an export trade where onboarding and the transaction took a mere 20 minutes – and it’ll only get faster!
This means you can join an elite group of UK companies trading digitally, and it won’t cost you a thing.
Here’s how digital trade benefits you directly:
- Saves Time: Enjoy fully digitized workflows, allowing you to track and verify every step with a clear audit trail.
- Saves Money: Expect fewer errors, faster approvals, digital documents integrated with your accounting software, and reduced bank charges coming in September.
- Gives Legal Certainty: Every stage of your order is recorded in a legally recognized digital log, backed by simple and robust trade law.
We’ve put together a couple of short videos to introduce you to this initiative and show you just how simple the onboarding process is. You’ll find them embedded below. If you prefer, we’re happy to guide you step-by-step on a Zoom call for your first trade. It’s truly fast, secure, and simple.
Jointine (Jane Smith) Digital Trade Request for Trading Counterparties
How to Use Boex as a Vouched Counterparty
Over the next four months, we’ll be actively using this software and collecting anonymous data to demonstrate the savings and efficiency we’re achieving together. We’ll share detailed insights with you then.
Thanks for your continued support – we’re excited to take this next step with you!
Jane Smith
Managing Director, Jointine Products (Lincoln) Ltd
